Dex

The Aurelia DEX is a next-generation decentralized exchange designed from the ground up to support ERC-4626 yield-bearing vault tokens. Unlike traditional AMMs, the Aurelia DEX turns liquidity provisioning into a multi-yield strategy by combining vault yield, swap fees, and governance-directed incentives.

This purpose-built infrastructure unlocks deep capital efficiency and passive income across the entire DeFi stack.

What Makes the Aurelia DEX Unique?

πŸͺ™ ERC-4626 Native Support

  • Seamlessly supports vault-wrapped assets like aurUSDC, aurETH, aurBTC, and more.

  • Traders can swap in/out of vault tokens as easily as standard ERC-20s.

  • The swap router automatically wraps or unwraps tokens during trades and LP provisioning.

πŸŒ€ Concentrated Liquidity Engine

  • Built with a CLAMM (Concentrated Liquidity AMM) architecture.

  • LPs can choose tight price ranges for deeper books and higher fee returns.

  • Liquidity is more capital-efficient than traditional constant product AMMs.

πŸ”— Yield-Bearing LP Positions

  • LPs earn vault APR + AUR (Dex) emissions.

  • Pool types include:

    • aurToken / base (e.g., aurUSDC/ETH)

    • aurToken / aurToken (e.g., aurETH/aurBTC)

    • Standard ERC-20 / ERC-20 (e.g., USDC/ETH), for backward compatibility

Tech stack

  • Custom Swap Router: Handles token wrapping, slippage protection, and vault NAV checks.

  • TWAP-based Oracle Pricing: Ensures fair pricing and MEV-resistance.

  • Governance-Directed Emissions: AUR token emissions are allocated via xAUR votes, rewarding productive and aligned pools.

  • Bribe Support: Protocols can offer bribes to xAUR holders to incentivize pool voting and liquidity.

The Aurelia DEX turns liquidity provision into a yield strategy, not just a trading function. LPs no longer have to choose between farming and providing liquidity they can do both at once, with integrated safety, rewards, and governance alignment.

By building with yield-bearing assets as primitives, Aurelia unlocks a new standard for DeFi-native capital efficiency.

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