Dezswap Project Introduction, Team, Financing and News

Performances

RD Popularity Index

2833.33% (24h)

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Project Rank: 4481/15431

RD Growth Index

0100200300400500

Project Rank: --/15431

Comparison

Event Calendar

Dec 30, 2022

Dezswap launches on the mainnet

Follow Updates

Follow Lists

People

Details

Dezswap is a decentralized exchange (DEX) built on the XPLA Chain, utilizing an automated market maker (AMM) mechanism. It allows users to swap tokens directly through their wallets without a traditional order book. Its core mechanism is the constant product formula X*Y=k, ensuring the product of the two token balances in a liquidity pool remains constant. Users can act as traders to exchange tokens or as liquidity providers (LPs) by depositing equal values of assets into a pool, receiving LP tokens to earn trading fees. For swaps between native and contract-minted tokens. Dezswap's docs detail CLI commands and JSON message structures for developer integration.

Tags:

DeFi

DEX

Ecosystem(1):

XPLA

Founded:

2022

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