Cryptocurrencies 17,706
Market Cap $2.35T
BTC Dominance 56.87 %

Cryptocurrencies : 17,706

Total Market Cap : $2.35T

BTC Dominance : 56.87 %

LIVE
Mkt Cap $2.35T BTC Dom 56.87 % BTC BTC $66,532.00 ▲ +1.72% ETH ETH $1,925.57 ▲ +1.53% USDT USDT $0.999404 ▲ +0.04% BNB BNB $574.35 ▲ +0.32% USDC USDC $0.999801 ▲ +0.00% XRP XRP $1.15 ▲ +3.38% SOL SOL $78.15 ▲ +0.69% TRX TRX $0.328361 ▲ +0.75% FIGR_HELOC FIGR_HELOC $1.00 ▼ -0.67% HYPE HYPE $61.81 ▼ -0.59% DOGE DOGE $0.07335 ▲ +0.27% USDS USDS $0.999893 ▲ +0.01% RAIN RAIN $0.014162 ▲ +0.26% ZEC ZEC $539.45 ▼ -2.85% LEO LEO $9.71 ▲ +0.12% WBT WBT $57.87 ▲ +1.55% XLM XLM $0.192455 ▲ +1.82% XMR XMR $347.42 ▲ +3.04% LINK LINK $8.67 ▲ +1.64% ADA ADA $0.173533 ▲ +4.48% CC CC $0.125192 ▲ +1.23% DAI DAI $0.999806 ▼ 0.00% BCH BCH $225.15 ▲ +3.68% USD1 USD1 $0.999198 ▲ +0.06% GRAM GRAM $1.52 ▲ +5.82% Mkt Cap $2.35T BTC Dom 56.87 % BTC BTC $66,532.00 ▲ +1.72% ETH ETH $1,925.57 ▲ +1.53% USDT USDT $0.999404 ▲ +0.04% BNB BNB $574.35 ▲ +0.32% USDC USDC $0.999801 ▲ +0.00% XRP XRP $1.15 ▲ +3.38% SOL SOL $78.15 ▲ +0.69% TRX TRX $0.328361 ▲ +0.75% FIGR_HELOC FIGR_HELOC $1.00 ▼ -0.67% HYPE HYPE $61.81 ▼ -0.59% DOGE DOGE $0.07335 ▲ +0.27% USDS USDS $0.999893 ▲ +0.01% RAIN RAIN $0.014162 ▲ +0.26% ZEC ZEC $539.45 ▼ -2.85% LEO LEO $9.71 ▲ +0.12% WBT WBT $57.87 ▲ +1.55% XLM XLM $0.192455 ▲ +1.82% XMR XMR $347.42 ▲ +3.04% LINK LINK $8.67 ▲ +1.64% ADA ADA $0.173533 ▲ +4.48% CC CC $0.125192 ▲ +1.23% DAI DAI $0.999806 ▼ 0.00% BCH BCH $225.15 ▲ +3.68% USD1 USD1 $0.999198 ▲ +0.06% GRAM GRAM $1.52 ▲ +5.82%
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XSwap Protocol V3

XSwap Protocol V3

centralized
CC SCORE
39/100
Limited data
TRUST SCORE
2/10
24H VOLUME
$79,036
ESTABLISHED
2022
LOCATION
Saint Vincent and the Grenadines

About

XSwap Protocol is a decentralized finance (DeFi) protocol built on the Xinfin network. It serves as an automated liquidity protocol that enables users to exchange various XRC-20 tokens without the need for a centralized intermediary or order book. XSwap operates as a decentralized exchange, meaning it doesn't rely on traditional order books. Instead, it utilizes liquidity pools to facilitate token swaps. Users can trade various Xinfin-based tokens directly from their wallets without the need for a centralized authority. XSwap uses the concept of AMM, which involves using smart contracts to automate trading functions. Liquidity providers (LPs) deposit pairs of tokens into smart contracts, creating liquidity pools. These pools are used to facilitate trades, with prices determined algorithmically based on the ratio of the two tokens in the pool. Users contribute to liquidity pools by depositing an equal value of two tokens into a smart contract. In return, they receive liquidity provider (LP) tokens, representing their share of the pool. These LP tokens can be redeemed at any time, along with a portion of the trading fees generated by the pool. XSwap uses a mathematical formula called the constant product formula (x * y = k) to determine the price of assets in a liquidity pool. The product of the quantities of the two tokens (x and y) remains constant, which allows for price adjustments as the ratio of tokens changes with each trade. Users can easily swap one XRC-20 token for another directly through XSwap's user interface or by interacting with its smart contracts. The trade is executed at the current market price determined by the AMM algorithm. XSwap is a permissionless and open-source protocol. Anyone can access and use the platform without requiring approval. XSP is the governance token of the Uniswap protocol. Holders of UNI can participate in the decision-making process by voting on proposals related to the protocol's development and parameters. XSwap serves as the first launchpad within the XDC network, providing a comprehensive suite of services including token creation, presale initiation, token and liquidity locker, and multisender functionality for all XRC20 tokens. Additionally, XSwap features a robust farming platform and extends its services to include a mobile wallet for user convenience. XSwap plays a pivotal role in the growth of decentralized finance by providing a user-friendly, permissionless, and efficient way for users to trade a wide variety of tokens directly from their wallets.

Score breakdown

  • Trust Score: 10 pts
  • Volume: 6 pts
  • Longevity: 3 pts
  • No Incentive: 10 pts
  • Transparency: 10 pts

Scores are data-driven and not paid placements. Read our methodology →

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