TLDR MESSIER's codebase recently enhanced its P2P-DEX hybrid exchange and liquidity routing.
- Hybrid P2P-DEX Launch (10 August 2025) – Combined peer-to-peer and decentralized exchange features for zero slippage.
- DEX Fallback Integration (4 August 2025) – Added automatic DEX liquidity sourcing if P2P orders fail.
- Smart DEX Routing (7 July 2025) – Aggregated multi-DEX liquidity for competitive pricing.
Deep Dive
1. Hybrid P2P-DEX Launch (10 August 2025)
Overview: Messier merged its P2P exchange with decentralized exchange (DEX) infrastructure, allowing users to trade directly with others or tap into pooled liquidity. This hybrid model aims to eliminate slippage and token taxes.
The upgrade integrates real-time order matching for P2P trades while enabling fallback to DEX liquidity if orders aren’t filled. Weekly TVL surpassed $500K post-launch, signaling improved market depth.
What this means: This is bullish for M87 because traders gain flexibility—zero fees on P2P deals and guaranteed liquidity via DEX backups. It could attract higher trading volumes, boosting ecosystem revenue. (Source)
2. DEX Fallback Integration (4 August 2025)
Overview: A “DEX fallback” feature was added to automatically reroute unfilled P2P orders to aggregated DEX liquidity after a countdown.
This update uses smart contracts to scan multiple DEXs for optimal pricing, ensuring orders execute even if P2P liquidity is thin. Early user reports noted 12–18% better rates vs. standalone DEXs like Uniswap.
What this means: This is neutral for M87 because while it improves trade success rates, reliance on external DEX liquidity could dilute fee revenue if overused. However, it strengthens reliability for users. (Source)
3. Smart DEX Routing (7 July 2025)
Overview: Smart DEX Routing (SDR) was introduced to scan 90% of major DEX pools, optimizing liquidity sourcing for hybrid trades.
SDR uses algorithmic aggregation to split orders across platforms like Uniswap and Curve, minimizing price impact. The feature targets institutional traders needing large, low-slippage swaps.
What this means: This is bullish for M87 because deeper liquidity and better pricing could attract high-volume traders, increasing platform activity and $M87 utility demand. (Source)
Conclusion
MESSIER’s codebase is prioritizing hybrid trading infrastructure, balancing P2P efficiency with DEX liquidity depth. The updates suggest a focus on capturing both retail and institutional traders. While recent upgrades improve user experience, monitor whether rising DEX reliance affects native fee generation. How will VirgoDAO’s treasury investments (like its $TAO allocation) further incentivize ecosystem participation?