Fenix is a next-generation MetaDEX powered by Blast Native Yield. It combines a powerful liquidity incentive engine, vote escrow governance model, and fast user experience.

The MetaDEX provides four important functions:

1) It creates deep liquidity for traders to provide the best prices on swaps.

2) Provides a system where protocols can build and maintain liquidity to incentivise trading of their tokens.

3) It optimally aligns incentives between liquidity providers, traders, protocols and native token holders to drive a sustainable ecosystem.

4) Maximises capital efficiency through a complete voting marketplace for liquidity that provides vote delegation, optimisation and reward compounding as a single protocol without additional fees.