Abstract

Despite the widespread adoption of Constant Function AMMs (CF-AMMs) in DeFi, their design flaws lead to suboptimal profitability, high costs, and increased MEV risks. This whitepaper presents Dextr, leveraging EigenLayer's Actively Validated Service (AVS) to pioneer as the first Actively Validated Market Maker (AVMM). Dextr introduces dynamic liquidity management and real-time oracle pricing to achieve peak capital efficiency, optimal price discovery, comprehensive MEV protection, and an enhanced trading experience, setting a new standard for market making in DeFi.