Router Protocol "Nitro" Launch
APR
30
Event date
Wednesday 30 April 2025, UTC
Event description
- Router Protocol’s Nitro platform, teased in the April 2025 post, promises one-click token purchases across any blockchain, addressing a key DeFi pain point—cross-chain swaps often face delays and high fees, with 2024 data showing average fees of $5-$15 on bridges like Wormhole, per DefiLlama.
- The sleek UX and built-in analytics aim to simplify trading memecoins, a $50 billion market in 2024, but decentralized exchanges historically struggle with user retention—Uniswap saw a 30% drop in active users in 2023 due to complex interfaces, according to a Dune Analytics report.
- Router’s fully decentralized approach aligns with growing demand for trustless systems, as 70% of crypto users prefer non-custodial solutions amid centralized exchange failures like FTX in 2022, per a 2023 Chainalysis survey.
Router Protocol
Router Protocol
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