# Coinfair Overview ### What is Coinfair protocol? 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. 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. 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. 🚩Join us to build together!

### 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: * TG: * Discord: