Multichain protocol ,launched at July 2020 as Anyswap by Multichain Inc, is a cross-chain DEX platform using Fusion DCRM. Several kind of tokens , such as ETH, BSC, FSN, FTM, Polygon, AVAX, and Arbitrum , could be swap at the platform. ANY token is used as an incentives and utilities for the perticipant nodes.
According to the number and variety of the nodes, the decentralization level is considered as moderate.
In Multichain protocol, users could swap from one token to another immediately by clicking several buttons on the website. There is no order book.
In multichain protocol, Anyswap Working Nodes（AWN）are used for the decentralization.
These nodes become the custodies elected by ANY token holders, and Multichain inc could not control the users assets.
To realize cross chain swap, Multichain uses DCRM technology produced by Fusion.
Multichain users deposit his/her token to the protocol, and wrapped token are minted by completely decrntralized method in the protocol, then the wrapped tokens could be swappable at the platform.
https://www.fusion.org/tech/dcrm
Liquidity provider could add or withdraw the liquidty to the swap pair. The price of the swap pair is automotically determined according to the liquidity provided.