Baseline is a token-owned liquidity DEX that protects against MEV, while ICHI offers smart liquidity vaults. The key difference is that Baseline focuses on decentralized liquidity ownership and MEV mitigation, whereas ICHI emphasizes vault-based automation. Baseline is best for users seeking MEV-resistant, community-owned liquidity, while ICHI suits those who prefer structured, vault-driven liquidity management.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $1.7MDefiLlama | $9.3MDefiLlama |
| MCap Rank | #622 | #3015 |
| Total Raised | — | — |
| Founded | — | 2022 |
| Stage | — | — |
| X / Twitter | 12K | 17K |
| GitHub Stars | 0 | — |
| Chains | baseblastethereum | arbitrumavalanchebase |
| Tags | Decentralized Exchange (DEX), Decentralized Finance (DeFi), Automated Market Maker (AMM) | DeFi, Stablecoin Protocol, Decentralized Finance (DeFi) |
Baseline is a decentralized exchange built for project tokens, combining token-owned liquidity with a custom AMM curve to provide efficient market making, MEV protection, guaranteed floor prices, and no-liquidation leverage. It operates on Ethereum, Base, and Blast, and recently partnered with OpenOcean to extend its token-owned liquidity across 40+ chains.
ICHI is a non-custodial liquidity management protocol that uses algorithmic strategies on Uniswap V3 to automate yield generation. It allows users to deposit single tokens into ICHI Vaults, which deploy them into concentrated liquidity pools to earn trading fees, and also supports the creation of community-owned over-collateralized stable assets called Branded Dollars.