Ooga Booga is building a decentralized exchange (DEX) aggregator that scans multiple exchanges and token pairs to find the cheapest crypto swaps for traders. The product aims to address dispersed liquidity on Berachain by routing trades across more than half a dozen venues. Planned features mentioned by the founder include multi-asset swaps, gasless swaps, dollar-cost averaging, and limit orders. The company is positioning itself as infrastructure for Berachain as that L1 pushes a “proof-of-liquidity” model to concentrate capital efficiency. Co-founder Kevin Liu, 19, previously ran an on-chain order-book DEX called Gridex on Arbitrum, which shut down in February after struggling to find product-market fit. Ooga Booga raised funding to support development ahead of Berachain’s mainnet launch, which the article notes is not yet live.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2024