> For the complete documentation index, see [llms.txt](https://coinfair.gitbook.io/coinfair-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://coinfair.gitbook.io/coinfair-docs/coinfair-overview.md).

# Coinfair Overview

### What is Coinfair protocol? <a href="#how-does-the-uniswap-protocol-compare-to-a-typical-market" id="how-does-the-uniswap-protocol-compare-to-a-typical-market"></a>

Coinfair is the world’s first DEX to upgrade the Automated Market Maker (AMM) model to the Best Market Maker (BMM) and introduce a Decentralized Rebate System (DRS). This innovation achieves trading depth far beyond other DEXs and comparable to leading CEXs, while fostering stronger user engagement.&#x20;

Coinfair’s vision is to build a new-generation DEX that leads crypto trading, providing a safe, transparent, and manipulation-free trading environment.

Coinfair aims to leverage the massive rebate advantage of new on-chain projects. With rebate rates far higher than CEXs, combined with exponential price surges from thousands to millions of times in on-chain projects, Coinfair generates expected returns tens to thousands of times greater than CEXs, with instant rebate payouts.&#x20;

Initially, Coinfair focuses on building a highly engaged user network of tens to hundreds of millions, gradually expanding into a billion-level ecosystem to fully empower on-chain projects.&#x20;

🚩Join us to build together!

<figure><img src="/files/y4qJXa8eU4JUl7AFTeUy" alt=""><figcaption><p>Understanding Coinfair at a Glance</p></figcaption></figure>

### What is BMM?

BMM is an optimal market-making algorithm designed with the principles of minimalism, offering liquidity 1.6 to 100 times greater than current DEXs. The BMM algorithm enhances liquidity by 60%, significantly lowering the cost of acquiring liquidity for on-chain projects. In a sufficiently liquid environment, all trading fees (currently amounting to $30-90 million daily across DEXs) can be redistributed to market users through the DRS, creating a highly sticky user network.

### Advantages for Traders

* High liquidity and low slippage
* NFT-based rewards that enable users to earn trade-to-mine points, which can be stacked with airdrop points

## Official links

* Dapp: [https://coinfair.xyz](https://coinfair.xyz/home)
* X: <https://x.com/CoinfairGlobal>&#x20;
* TG: <https://t.me/Coinfair_Global>&#x20;
* Discord: <https://discord.gg/ZyAE7BbGDW>