Camelot welcomes Relay Chain to the Round Table

Camelot DEX
4 min readFeb 3, 2023


Relay Chain is a fast and user-friendly portal which facilitates cross-chain token transfers by aggregating bridge liquidity between the leading blockchains. Put simply, Relay’s aggregator helps users find the best bridge with the lowest fees, saving time and money.

The Relay team have been actively building for some time and are deployed across several chains, and we’re excited to support the first and only RELAY liquidity on Arbitrum. Their team will be seeding initial liquidity for the RELAY/ETH pool, with incentives in the form of both RELAY and GRAIL too. We’re proud to be able to help build deep and sustainable liquidity for another protocol on Arbitrum.

The RELAY/ETH pool is now seeded, with both GRAIL and RELAY farming incentives already live!

  1. Create your position:
  2. Stake into Relay Chain’s Nitro pool:

A long-term partnership to support innovation on Arbitrum

Camelot is a custom-built protocol that aims to become the native Arbitrum DEX. By building multiple novel features from the ground up, Camelot enables higher capital efficiency and attempts to bring the real-yield approach to a DEX.

By welcoming Relay Chain to the Round Table, we are committed to supporting the launch of their exclusive liquidity pool on Arbitrum. Camelot is designed to move away from the standard short-term yield farm model to prioritize long-term and sticky liquidity. Therefore, we’re excited to build deep and sustainable liquidity for Relay through our custom features, such as Nitro pools, dynamic fees, and spNFTS. Through this partnership, Relay will be seeding the initial pool, as well as providing co-incentives through our Nitro pool structure.

Relay Chain aims to solve fragmented liquidity through their BaaS (bridging as a service), and their bridging aggregator tech brings even further value to the Arbitrum ecosystem. It is a privilege to support them on Arbitrum by welcoming them to the Round Table, and we’re committed to a long-term relationship that provides them with a bespoke service.

The Round Table comprises the key Arbitrum builders, and we are excited that this partnership will further align the ecosystem with collaborating, innovating, and building.

Relay Chain

Relay Chain’s bridge aggregator is a first-of-a-kind tool in the world of decentralized finance (DeFi), connecting different blockchain networks and enabling cross-chain transactions quickly and easily.

The benefits of increased interoperability, improved liquidity, reduced costs, enhanced security, and increased scalability are a boon to businesses in the cryptocurrency space. Many businesses — cryptocurrency exchanges, payment providers, DeFi platforms, supply chain management companies, the gaming industry, enterprise solutions, Dapp developers, tokenization platforms, NFT marketplaces, and blockchain-based platforms for digital identity — can benefit by using Relay Chain and its powerful bridge aggregator.

As the need for interoperability between different blockchain networks continues to grow, we expect to see more and more companies traversing the Relay Chain bridge in the omni-chain future.

Custom-built Liquidity Infrastructure

Camelot’s vision is to build innovative infrastructure that supports other Arbitrum builders through unique custom features:

  • Unique AMM implementation that supports volatile & stable assets with dynamic fees (custom fees per pool, as well as per buy or sell direction)
  • A custom NFT wrapper for staked positions that allows LPs to be reused for further capital efficiency gains
  • Nitro pools allow protocols to incentivize liquidity based on custom requirements permissionlessly
  • Innovative escrowed tokenomics that enable a more sustainable protocol that can capture real yield for holders

Camelot will leverage all its unique features to ensure that liquidity is deep and adaptable — tailored to what is most effective for Relay liquidity. For example, Nitro pools would allow us to incentivize liquidity in a custom way, such as by only rewarding LPs that lock for a certain time and deposit over a certain amount.

In addition, we could set custom fees for Relay pools or add even further custom requirements to Nitro pools. This high level of control will allow us to support the Relay protocol to build an efficient rewards structure for their token liquidity. Therefore, we can enable highly efficient returns on Relay liquidity while bootstrapping critical infrastructure that benefits the entire ecosystem.

Most importantly, by welcoming Relay Cartel to the Round Table and building deep liquidity for their token, we hope to foster further innovation within the Arbitrum ecosystem. For example, deeper liquidity for Relay could open up new opportunities for use in other DeFi primitives.

The quest for GRAIL

After launching two months ago, we’re proud to have set the initial foundations for Camelot to become the Arbitrum native DEX.

Before launching, we announced the formation of the Round Table with our Genesis partners: GMX, Umami, Jones, Buffer, GMD, Sperax, and Nitro Cartel. With our partner’s support, our genesis pools allowed us to bootstrap $20m TVL before even having a token live!

Following our initial partners and genesis pools, we proceeded with the fair launch of our $GRAIL token. We’re proud to have had a smooth sale, raising over $3.8m with a final valuation of $25m FDV! No VC, no presale, and $GRAIL was a fair opportunity for the community to purchase.

From the beginning, Camelot is designed as a custom-built protocol that prioritizes sustainable tokenomics and long-term behaviour. We’re proud that our Genesis farms & fair launch sale demonstrated these commitments to the community.

Now that the foundation has been set, we’re excited to move forward at full speed. We just concluded the first community public sale from Neutra Finance and have seen significant volume following the launch of $VELA and several Jones pools EXCLUSIVELY on Camelot.

We’re excited to be the home for Arbitrum native builders, and we look forward to what we can achieve as an ecosystem that works and builders together.

Relay Chain




Camelot DEX

Camelot is an innovative and highly flexible DEX built to support the Arbitrum ecosystem. Community driven and capital efficient.