$AMARA Launch on Base Expands Dione Into Carbon Finance

Background and Context

The $AMARA launch directly extends the long-term vision of Dione Protocol, which aims to merge blockchain infrastructure with renewable energy systems and real-world assets. Earlier, the team launched Odyssey, an EVM-compatible Layer 1 blockchain powered entirely by renewable energy sources. After establishing the base layer, Dione introduced the DIONE SPARK grants and accelerator program to incubate environmentally focused Web3 applications. Through this process, Amara emerged as a flagship decentralized application.

Importantly, Amara targets two large global markets. The voluntary and compliance carbon markets together exceed $900 billion, while the broader climate finance sector reaches an estimated $1.3 trillion. In addition, the platform seeks to provide tools for pollution benchmarking and carbon offset strategies, which remain difficult to access through traditional systems.

This rollout marks the second major project from the Dione team. In 2024, the team launched the $DIONE token alongside the Odyssey mainnet. That release established the technical and regulatory groundwork for sustainable energy and infrastructure trading on-chain. At the time, strong market enthusiasm around the project’s green positioning pushed the fully diluted valuation to roughly $194 million. However, as with many early-stage crypto launches, valuations later adjusted alongside broader market cycles and post-launch volatility.

Amara Exchange: Features and Technology

Amara positions itself as the world’s first clean-energy perpetuals decentralized exchange. Specifically, it combines a GMX-style perpetual trading engine with a spot swap module known as AmaraSwap. Through this structure, traders can take long or short positions on synthetic carbon assets and climate derivatives. Oracles supply real-world pricing data, while all trades settle in USDC without requiring physical delivery or traditional intermediaries.

From a risk perspective, Amara uses vault-based liquidity pools to isolate exposure and protect liquidity providers. The platform also enables revenue sharing for liquidity providers and $AMARA stakers, alongside a regulatory-conscious architecture designed to appeal to institutional participants. While the core infrastructure runs on the Dione Odyssey chain, the $AMARA launch on Base improves accessibility and liquidity by leveraging a widely adopted Ethereum Layer 2. At launch, the exchange supports core pairs such as DIONE and USDC, with synthetic carbon markets rolling out in phases.

Future Outlook

With the $AMARA launch on Base now complete, the project enters a critical execution phase The roadmap for 2026 includes UI and UX upgrades, phased expansion of synthetic carbon-linked markets, and deeper integrations with carbon data providers. In parallel, the team continues discussions around climate finance partnerships and oracle audits. As tokenized carbon markets grow toward a projected $100 billion by 2030, broader tailwinds such as corporate net-zero commitments and tightening climate policies may support adoption. If Amara succeeds in establishing a credible on-chain benchmark for pollution pricing, it could drive long-term value for $AMARA holders while strengthening utility across the Dione ecosystem.