Top Results530 results
$100 Swaps
💰$100 Swaps Daily active addresses on Uniswap are spiking to levels not seen since May 2021....at us for paying exorbitant fees, but we’ll look back on these times with nostalgia for paying $100 swaps...
6 Min
Layer 2 / L2
May 2023
Amouranth's DAO Brings 'SimpFi' to Crypto, and the Why of Token Swaps
CIP-5: This allows users to swap vCOW for COW tokens....A token swap strengthens an already strong relationship between the two DAOs....Eboado asked about the frequency of Balancer token swaps....may be the last swap for a while....Our concern isn’t to disparage token swaps as an idea.
10 Min
DAO
Mar 2022
Boba TVL Grows, CRO Outperforms, & Interest Rate Woes
TVL on Boba Network Climbs on the back of Oolong Swap Liquidity Mining Incentives Boba Network is an...TVL on Boba Network Climbs on the back of Oolong Swap Liquidity Mining Incentives Boba Network is an...
3 Min
Layer 1 / L1
Nov 2021
Decentralized Forex, Vesta Farms, Friktion Volts
DFX Finance is an AMM designed for forex swaps between multiple fiat-backed stablecoins....XSGD seems to be the most popular as retail users can easily swap XSGD back to SGD....DFX Finance is an AMM designed for forex swaps between multiple fiat-backed […]...
5 Min
AMM
Jun 2022
MetaMask Revenues, DEX Fee Competition, and Aggregator Wars
DeFi’s Secret Cash Flow Machine In Sept. 2020, Metamask announced its native swapping feature that...Metamask levies a 0.875% fee on each swap, which is exorbitant by DeFi standards....The simple UX of swapping via the Metamask plug-in seems to trump the ludicrous fees the wallet charges...
3 Min
DeFi
Nov 2021
Examining the Design and Traction of GMX's Hybrid DEX
The DEX space is rife with innovative designs that enable efficient swaps across a multitude of assets...GMX specializes in spot swaps and leveraged trading via perpetuals....Spot swaps are structured like an OTC trade between assets in GLP....GLPs spot swap volume is still quite low in relation to margin trading.
13 Min
Derivatives
Nov 2021
Trader Joe's Novel Take on Concentrated Liquidity
As a result, traders enjoy zero slippage swaps if the trade occurs within the active price bins....This fee is affected by two factors: the frequency of swaps and large swaps spanning more than one price...The variable fee is distributed on a pro-rata basis across bins that the swaps have utilized.
9 Min
AMM
Mar 2023
Lido's Game Theory
Liquid Staking Derivatives (LSDs) enable users to swap ETH in return for a derivative token that represents...The swapped ETH is then staked by the provider and the yield is passed on to the token holder (minus...
5 Min
DeFi
May 2023
WTF Is Anoma? Part 2: WTF Are Intent-Based Apps?
Two users came to CoW Swap with intents that almost entirely overlapped. ...Traders need to go use CoW Swap specifically....CoW Swap’s Single Block Batch Auctions....Like CoW Swap, Fusion solving is a competitive game....Commonly users express their cross-domain swap or bridge intent (e.g.
24 Min
Layer 1 / L1
Sep 2023
The Future of Order-Book Liquidity (Part II - deUSD)
Importantly, if deUSD at that point is backed by some percentage of sDAI, APs will execute swaps from...Most users will simply swap their USDT or USDC for deUSD on a Curve pool....When users swap USDT for deUSD, this will briefly cause USDT to trade at a marginal discount relative...Similarly, to facilitate redemptions, Elixir must swap back from sDAI into stETH.
12 Min
Orderbook
May 2025
The Year Ahead for Infrastructure 2024
A streaming swap with a count of 10 sub-swaps makes the sub-swap/pool ratio 10 times better than the...and after each sub-swap) as opposed to *after* the swap....Rapid Swaps: the price of a streaming swap with the speed of a regular swap....swap.
93 Min
Infrastructure
Dec 2023
Telegram Bots: Evaluating Crypto's New Cash Cows
Surprisingly, Telegram bots’ best comparable is Metamask Swaps....At $137.5M, BananaGun has flipped both Bonkbot and Metamask swaps in weekly volume....Bonkbot has led Metamask swaps in weekly volume consistently for several weeks....Metamask Swaps and Telegram bots are selling convenience, and charging a similar clip for it.
20 Min
DeFi
Feb 2024
The Future of On-Chain Liquidity
Better prices by aggregating liquidity sources Gas-free swapping Protection against MEV No cost...For LP analysis, markout is measured for the swaps the LP makes as the counterparty to traders....wallets with lots of swaps = highly toxic in terms of 5 minute markout....The Counterargument Uniswap is a DEX; a swapping platform, not a yield farming platform.
31 Min
Spot Exchange
Sep 2023
The Power of Algo Pools: Astroport's Passive Liquidity Solution
...algorithm being viewed as a poor product for passive liquidity, it is still used in Uniswap v2, Pancake Swap...Looking at protocol fees generated through swaps, Astroport has generated an impressive $2.2M in fees...All of the protocol fees that Astroport generates goes to token stakers, while protocol swap fees that...
18 Min
DeFi
Jul 2024
Zetachain Part 1: A Competitive Landscape of Blockchain Bridges
A simple example is a cross-chain NFT swap....and then swapping the STARS for NFT on Stargaze....Boost is limited to cross-chain swaps <$20k....Swaps: Swap X for Y Savers: Earn X for X Lending: Borrow X for Y Bridging is a core part of the THORChain...
51 Min
Layer 1 / L1
Jan 2024
Shortcuts To Scale: How Enso Seeks To Reshape dApp Development
Need token swapping functionality? There’s a shortcut for that....Rather than ordering a specific dish from the menu, you’re expressing your intent (swap tokens, enter...What began as a simple intent (“I want to swap Token A for Token B while minimizing slippage”) results...
31 Min
Infrastructure
May 2025
Sanctum: Solana's Overlooked Fundamentals Play?
Sanctum Router – Allows seamless any-to-any LST swapping by transferring stake accounts between pools...INF earns the staking yield from its components along with swap fees from trading....For DeFi users, Infinity’s key schelling point is the extra yield from swap fees....Over the last few months, the extra yield from swap fees is consistently greater than 1%.
10 Min
DeFi
Jul 2025
The Rise of Prop AMMs on Solana
Meanwhile, Curve optimized for stable asset swaps with custom bonding curves, and Balancer introduced...innovations matured, most DEXs continued to follow the “public execution” paradigm – where all orders, swaps...slippage on newly launched memes with low liquidity/high vol seems to be the sweet spot to get your swap...
24 Min
Spot Exchange
Jul 2025
FEI's Genesis Post-Mortem
...last week, I assumed that FEI at $1.01 would result in the majority of Genesis participants to pre-swap...However, this was not the case, with only around 30% of committed ETH pre-swapped into TRIBE....Watching the pre-swap % over the final hours of the Genesis event, one could probably have seen this...
4 Min
DeFi
Apr 2021
Voltz, IPOR, and the Next Wave of Interest Rate Derivatives
Swaps are the foundation for swap and yield curves, and are packed into structured products like fixed...swap....swaps and collect fees....The returns from swap P&L suggest the AMM is successful in competitively quoting swap prices that...
22 Min
Derivatives
May 2023