Polkaswap
Curated by SignalDecentralized exchange enabling cross-chain token swapping without intermediaries.
Overview
Polkaswap is a non-custodial cross-chain automated market maker (AMM) decentralized exchange (DEX) protocol. It aims to eliminate the need for trusted intermediaries in the process of token swapping. The platform employs a liquidity aggregation algorithm that allows users to access multiple liquidity sources in a decentralized manner, which facilitates trading across various blockchains, particularly within the Polkadot ecosystem. Polkaswap offers functionalities such as token swapping and rewards for liquidity providers. It also utilizes a utility and governance token, PSWAP, which is burned during transactions. The platform targets users interested in decentralized trading solutions and seeks to enhance interoperability while providing a trustless trading environment. Additionally, users have the option to participate as Sora validators to help secure the network.
Key facts
- Founded
- 2015
- Headquarters
- London, United Kingdom
- Stage
- Sign up to view
- Industry
- Financial Technology
- Sector
- Decentralized Finance
Business model
- 6 products and services
- Sign up to view
