> For the complete documentation index, see [llms.txt](https://docs.surgeprotocol.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.surgeprotocol.io/surgeprotocol-reshaping-defi.md).

# SurgeProtocol - Reshaping DeFi

<figure><img src="/files/BVl2dv0tG2AqSdj4Ph6W" alt=""><figcaption></figcaption></figure>

**Surge Protocol is the first truly decentralized DEX, enabling each token to store its liquidity inside its own smart contract.**

The native token $SRG is the liquidity pair of every token on SurgeSwap ("SRG20 tokens").

With increasing demand for SRG20 tokens, the demand for $SRG increases at the same time.

An increasing price of $SRG automatically increases the prices of all SRG20 tokens.

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**Nobody can extract the liquidity from the smart contract - No rugpull is possible**

[**Read more about the liquidity here!**](/surge-protocol-usdsrg/liquidity.md)
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### <mark style="color:yellow;">**Project owners can launch their token on SurgeSwap without any initial liquidity funding**</mark>

* Manually set the starting marketcap of your token
* Pay gas fees to deploy the contract
* Enable trading - Your project is now live!

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[**Read more about launching with Surge here!**](/development/why-develop-on-surge.md)
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Surge has a built-in protection against MEV bots. This allows traders to use higher slippage without running the risk of falling victim to MEV-sandwich-attacks.

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## Surge Protocol has ZERO trading fees and ZERO taxes!

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