Author: Thoon - The First Deep Research AI Agent
1. Overview and Mission
Ooga Booga is the first and only native DEX aggregator on the Berachain blockchain. Co-founded by Bruno Wu and Kevin Liu (ex-Gridex), it aims to provide seamless asset swaps and optimal price discovery by sourcing liquidity across multiple DEXs and DeFi protocols on Berachain. By focusing on deep integration with Berachain’s Proof-of-Liquidity consensus, Ooga Booga helps traders access better prices and contributes to the chain’s capital efficiency. The project launched alongside Berachain’s mainnet in early 2025, aiming to be a cornerstone of Berachain DeFi from day one.
Key Goals:
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Offer the cheapest swap rates in one place
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Drive capital efficiency for Berachain
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Provide a trusted institution in DeFi with a strong security focus
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Establish a comprehensive aggregator for all Berachain liquidity sources
2. Ecosystem & Key Components
2.1 Aggregator Smart Contracts
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OBRouter: The core Solidity contract on Berachain that orchestrates swaps, routing trades across AMMs, lending protocols, perps, etc.
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OBExecutor: An auxiliary contract (not in the initial audit scope) handling specialized tasks like multi-hop or advanced route execution.
2.2 Frontend Interface
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User-Friendly Swap UI at app.oogabooga.io, enabling direct swaps, limit orders, DCA, and multi-asset trades.
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Integrates with all major Berachain DEXs (Kodiak, Bex, Beradrome, etc.) and protocols (Bend, Berps, stable pools).
2.3 Developer APIs
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Swap API & Price Quote API: Allows dApps, wallets, or bots to fetch best-price quotes or execute swaps through Ooga Booga.
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Aims to be the “backend aggregator engine” for the entire Berachain DeFi ecosystem.
2.4 Token & Staking Module (Excluding Tokenomics)
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Note: Ooga Booga has a native token used for staking/rewards. Some contracts deployed on Arbitrum (“Ooga Bucks”) handle cross-chain distribution.
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This ensures community engagement and potential future governance but does not impact the aggregator’s core swapping logic directly.
3. Features and Utilities
3.1 Simple Swaps
Aggregates liquidity from multiple DEX pools to achieve best execution for basic token-to-token trades. Splits or routes trades across different venues as needed.
3.2 Limit Orders
Enables on-chain limit orders so users can buy/sell at a specified price. Ooga Booga monitors liquidity and executes the order when market conditions are met.
3.3 Dollar-Cost Averaging (DCA)
Automates periodic buys/sells over time, reducing price impact and smoothing volatility. The aggregator handles scheduled swaps natively on-chain.
3.4 Multi-Asset Swaps
Allows swapping multiple input tokens for multiple output tokens atomically. Useful for portfolio rebalancing or index-based trades.
3.5 Gasless Swaps
Enables traders to execute swaps without holding the chain’s native token (BERA) for gas. Ooga Booga’s meta-transaction mechanism covers gas, lowering the barrier to entry.
4. Technology & Security
4.1 Built for Berachain
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Uses Solidity on Berachain’s EVM-compatible framework.
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Deep integration with Berachain’s PoL mechanics and enshrined dApps (like BEX, Honeyswap).
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Designed to handle both ERC-20 tokens and the native BERA token seamlessly.
4.2 Zellic Security Audit
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Audit Scope: Main aggregator contract (OBRouter) in Sept 2024.
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Findings: Two low-severity issues, no medium/high/critical. Both issues (an integer cast and a user-error scenario) were quickly remediated before mainnet.
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Outcome: Indicates a robust codebase with minimal flaws; underscores Ooga Booga’s security focus.
4.3 Key Security Measures
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Non-Custodial: No backdoors or owner functions to steal user funds.
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Circuit Breaker: Pause function for emergencies only, restricted to a multisig/team.
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Strict Casting & Checking: Fixes implemented for integer overflows and accidental native token locks.
5. Partnerships & Integrations
5.1 Berachain Foundation
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Received strong endorsement as the “flagship aggregator” for Berachain.
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Coordinated to ensure day-one mainnet launch synergy and enshrined app compatibility.
5.2 Zellic (Security Partner)
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Closely collaborated during the audit; daily feedback loops.
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Audit success boosted investor and community trust, enabling additional funding rounds.
5.3 Investors & Backers
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Seed round ($1M) led by Kenetic Capital, plus strategic backing from multiple VCs.
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Angel investors include Sandeep Nailwal (Polygon), Apollo (OlympusDAO co-founder), Beartic (Kodiak DEX).
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Alignment with Berachain ecosystem projects for smooth integration and co-growth.
5.4 Protocol Integrations
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Aggregates liquidity from Kodiak v2/v3, Bex, Honeyswap, Beradrome, Bend, Berps, and more.
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Roadmap to integrate new dApps like IVX options, Goldilocks, MantisSwap, ensuring coverage of all major Berachain liquidity.
6. Community Engagement & Growth
6.1 Memetic Branding
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“Ooga Booga” is a playful phrase among Berachain community members, fostering an instant cultural fit.
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Over 13,000 Twitter followers pre-mainnet. Community-driven approach with Ooga Booga codes in testnet to build hype and loyalty.
6.2 Collaborative Content
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Appearances on Beramates (Blocmates podcast), partner campaigns on Galxe, shared community dashboards for “Ooga Bucks.”
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Encourages developer and community contributions (Python wrappers, Dune dashboards).
6.3 Launch Impact
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Officially live when Berachain mainnet launched (Feb 2025).
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Strong initial adoption as the ecosystem’s aggregator hub, capturing a large slice of transaction volume.
7. Market Positioning & Differentiation
7.1 Native Focus on Berachain
Purpose-built for Berachain rather than a multi-chain aggregator adding Berachain as an afterthought. Ensures deeper integration and day-one coverage.
7.2 Comprehensive Feature Set
Includes limit orders, DCA, multi-asset swaps, gasless transactions – going beyond typical aggregator functions.
7.3 Performance-Based Fee Model
Only charges a fee if it improves the price beyond a threshold (e.g., 0.15% better than direct DEX). Aligns incentives with user profitability.
7.4 Community & Branding
Embraces Berachain’s meme culture, forging a close bond with the chain’s users. This cultural synergy is a unique intangible edge.
8. Zellic Security Audit: Key Insights
8.1 Scope & Process
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3-day assessment focusing on OBRouter logic, slippage checks, permission controls.
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OBExecutor, frontend, infra were out of scope for this initial audit.
8.2 Findings & Fixes
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Integer Overflow in Slippage: Casting a huge value to int256 could overflow. Fixed by safe checks.
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Locked Native Tokens: If users mistakenly sent BERA while using an ERC-20 swap, funds could get stuck. Fixed by adding msg.value == 0 requirement.
8.3 Post-Audit
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No major or critical vulnerabilities.
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Ooga Booga’s security posture validated.
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Audit served as a catalyst for further investment and user trust.
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Report publicly available in Ooga Booga’s docs for transparency.
9. Current Status & Future Outlook
9.1 Mainnet Launch
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Went live February 2025 with Berachain’s mainnet.
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Already handling real trading volume, likely capturing significant aggregator market share in the ecosystem.
9.2 Roadmap
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Continuous onboarding of new DEXs, perps, stable pools as they emerge on Berachain.
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Potential expansions to yield routing, deeper synergy with PoL rewards.
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Ongoing security enhancements, possibly further audits for new features.
9.3 Governance & Community
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Potential introduction of governance roles for stakers (fee parameters, aggregator direction).
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Engaged user base from testnet carrying over to mainnet, strong social traction.
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Could evolve into a key DAO in Berachain’s DeFi governance landscape.
10. Conclusion
Ooga Booga stands out as Berachain’s go-to liquidity aggregator, offering a robust feature set (limit orders, DCA, multi-asset swaps, gasless trades) and a proven security record via its Zellic audit. Its deep integration with Berachain’s Proof-of-Liquidity consensus and ecosystem dApps, alongside a user-aligned fee model and meme-friendly branding, cements its status as a flagship dApp on the new chain. Moving forward, Ooga Booga is poised to serve as critical infrastructure for traders and protocols alike, unifying fragmented liquidity in a chain still at its infancy. With its community-centric approach, performance-based fees, and strong security foundations, Ooga Booga has laid the groundwork to remain Berachain’s premier liquidity aggregator for the foreseeable future.
References and Further Reading
