Mangrove

Mangrove is a decentralized finance (DeFi) protocol that functions as a programmable, on-chain order book. Its core innovation is an "offer-is-a-contract" model, where liquidity providers post offers as smart contracts. This allows for capital to be provisioned on-demand only when an offer is taken, aiming to significantly improve capital efficiency and reduce risks compared to traditional Automated Market Maker (AMM) models. The project's mission is to build a more flexible, efficient, and decentralized infrastructure for digital asset trading on the blockchain.