CoFIX (COFI) is a decentralised exchange (DEX) that utilises the NEST oracle for reliable pricing and risk management in DeFi trading. It supports trading and market making, governed by CoFI token holders. CoFIX compensates for risks like price deviation and delays inherent in decentralised oracles. Established in 2020 by a community including AlphaWallet and Aby Lab, it features a token mining incentive system with three mining pools for trading, liquidity, and node mining. CoFIX aims to facilitate 'computable finance' in DeFi, emphasising decentralised governance and efficient market operations.
