
Cypher
Cypher is a liquidity hub on Ethereum mainnet combining a gas-efficient AMM, a token launcher, and decentralized ICOs for L1-native projects.

What is Cypher?
Cypher is a DeFi liquidity hub purpose-built for Ethereum Layer 1. The protocol runs a gas-efficient spot AMM, a permissionless token factory that deploys tokens with locked liquidity directly on Cypher's v4 AMM, and a decentralized on-chain ICO module that lets Ethereum-native projects fundraise without intermediaries. Cypher also incubates and funds emerging Ethereum builders alongside its market infrastructure.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
