WanSwap Dex

WanSwap is an automated market maker exchange on Wanchain launched in 2020 that centres on cross-chain swaps. Wanchain holds bridged assets with a Storeman node group using threshold signatures, so minting or redeeming wanBTC and wanETH requires more than two thirds of nodes to sign together, with collateral proofs recorded on chain, letting users swap native bitcoin into a mapped asset and redeem it back from one interface.

Trading uses a constant product model with a 0.3% fee shared among liquidity providers, deposits return WSLP tokens that can be staked in farms for WASP, the Hive module lets users stake WASP for WAN, and some pairs support dual rewards. WASP also carries governance votes on fee changes, new pairs and reward weights. In October 2026 third-party tracking put locked value near one million dollars, with deployment limited to Wanchain.