Everything Protocol Aims to Unify Liquidity, Lending, and Perpetual Trading in DeFi
Everything Protocol, an evolution of the SMARDEX infrastructure, is a unified DeFi system integrating a DEX, lending market, and perpetual trading into a single smart contract. It operates via a unified liquidity pool, enabling users to perform swaps, leveraged trading, and borrowing within a single pair. The protocol uses an oracle-less leverage engine for atomic transactions and a tick-based borrowing model to minimize bad debt.
Scheduled for release in February 2026, Everything overlays permissionless lending onto the traditional AMM model to improve capital efficiency. It features a shared vault that repurposes idle collateral for external yield, and allows borrowing against any trading pair. A partnership with USDNr provides liquidity providers with an additional yield source.
The system aims to reduce reliance on oracles, enhance liquidity use, and ensure price stability through virtual reserves. A deterministic, tick-based liquidation system avoids the need for insurance funds. A future upgrade, "Geneve," planned for mid-2026, will introduce yield-bearing collateral and native limit orders to achieve 100% capital efficiency.
TheNewsCrypto12/17 10:59