What is Ethervista?

Summary: Ethervista is a DEX on Ethereum that has facilitated over $624M in trading volume in just six months by reimagining AMM models with ETH-based rewards and deflationary tokenomics.

Its “Euler Model” calculates ETH rewards based on proportional, sustained liquidity contributions while minimizing gas fees and preventing token inflation.

The platform also features Etherfun, a memecoin launch tool that enables efficient liquidity formation through bonding curves, similar to PumpFun on Solana.

What is Ethervista?

Ethervista is a decentralized exchange (DEX) on Ethereum designed to redefine the Automated Market Maker (AMM) model. By rewarding liquidity providers (LPs) and token creators with ETH instead of volatile tokens, it ensures greater stability while encouraging long-term participation.

At its core, Ethervista employs the Euler Model, an innovative framework that calculates and distributes ETH rewards based on user contributions to liquidity pools. This model not only minimizes gas costs but also ensures rewards are directly tied to sustained activity, avoiding dilution from token inflation and incentivizing long-term participation.

Ethervista offers customizable liquidity pools, ETH-driven staking rewards, and tools for secure token launches. Complementary features like liquidity locking and Etherfun’s fair launches make it a comprehensive platform for DeFi and memecoin innovation on Ethereum.

What is Ethervista?

Ethervista App

Ethervista offers a powerful suite of DeFi tools, quickly becoming the go-to platform for early-stage memecoin traders and liquidity providers. Here is a quick look at their current set of features which have been shipped within the first 6 months of launch.

Ethervista Swap

Ethervista Swap facilitates token trading with fully customizable liquidity pools and ETH-based rewards for liquidity providers and token creators. By leveraging the Euler Model, the platform ensures precise, contribution-based fee distribution with minimal gas costs.

Protocol fees are directed to smart contracts and treasuries, promoting a sustainable revenue-sharing model for long-term project development.

Ethervista Launcher

The Ethervista Launcher enables token creators to deploy liquidity pools with configurable fee structures and advanced security measures. Features like enforced 5-day liquidity locks and anti-sniper fair launches build trust and reduce rug-pull risks. 

Pool creators maintain full control over parameters, with a transparent two-step update process for fee or protocol adjustments.

Ethervista Launcher

Etherfun

Etherfun is Ethervista’s memecoin launch platform, optimizing bonding curves for efficient liquidity formation with a low $4,000 target. Token launch costs vary depending on network gas fees but average around $5–$10, with the first buyer covering deployment costs rewarded 2% of the pool's ETH fees.

Once the bonding curve is completed, liquidity is permanently locked on Ethervista, ensuring stability while generating ongoing ETH rewards for creators and LP providers. 

Etherfun

Ethervista (VISTA) Tokenomics

The $VISTA token is a deflationary ERC-20 asset designed to increase in value as the Ethervista ecosystem grows. Launched with a total supply of 1 million, 100% was allocated to the VISTA/WETH pool, with 36,000 tokens burned as of October 20, 2024. A burn mechanism, funded by transaction fees, reduces supply and raises the price floor with every swap.

To enhance ecosystem stability, 20% of the total supply is secured within the Hardlock and Hardstake contracts, which reward users who lock or stake liquidity. Additionally, anti-sniper fair launch measures ensure equitable token distribution and decentralization.

By tying $VISTA’s value directly to platform activity through fee-driven burns, Ethervista ensures sustained growth and scarcity, making $VISTA a deflationary asset designed for long-term performance.

Ethervista Growth Analysis

Ethervista quickly gained traction after its launch, with impressive early adoption. While activity has since stabilized, the platform continues to grow steadily as the team delivers new features and expands its offerings. This sustained momentum is evident in the following key metrics:

  • User Engagement: Ethervista’s user base peaked at 9,000 shortly after launch but has stabilized at an average of 500 daily active users, reflecting a committed core audience.
  • Total Swaps: The platform has facilitated over 251,000 swaps, showcasing consistent trading activity and user participation.
  • Trading Volume: Cumulative trading volume has reached $624 million, solidifying Ethervista’s position in the DeFi trading ecosystem.
  • Liquidity Metrics: With a net ETH inflow of Ξ657.88, the platform demonstrates its ability to attract and sustain liquidity effectively.
  • Ecosystem Expansion: Over 1,066 token pairs have been created, and 3.6% of the total $VISTA supply has been burned, reinforcing its deflationary mechanics and long-term value proposition.

These metrics highlight Ethervista’s growth as it builds on Pump.fun’s success on Solana, expanding its user base and redefining DeFi on Ethereum.

Ethervista Growth Analysis

Ethervista Ecosystem Projects

Ethervista hosts a nascent but growing ecosystem of tokens, each leveraging its unique features to drive innovation and utility. Here are the top 4 standout projects:

  1. VISTA: Ethervista’s deflationary governance token with strong liquidity and ETH-based rewards.
  2. BONZI: A high-yield memecoin utilizing a deflationary burn mechanism to enhance engagement.
  3. OISHII: A charitable token allocating 99% of its supply to feed dogs globally via the Neiro Foundation.
  4. Degen: The utility token for DegenAds, powering advanced advertising solutions within the Ethervista ecosystem.

You can explore more projects on Ethervista’s native analytics tool DegenAds.

Ethervista Ecosystem Projects

Bottom Line

Ethervista has reinvigorated meme coins and trading in DeFi on Ethereum, with a focus on sustainability and long-term growth.

By implementing ETH-based rewards, deflationary tokenomics, and advanced tools like Etherfun, it addresses inefficiencies that plague traditional AMM models underpinning apps like Uniswap and Sushiswap.. 

Strong trading activity and ecosystem expansion underscore its potential as a next-generation decentralized exchange and a key player in DeFi innovation.