EXCHANGE PROFILE XSwap Protocol V3 Trust rank #490 · Decentralized exchange
Official website Fetched Nov 2, 07:33 PM UTC · 30 min cache
24h trading volume 0.24 BTC ≈ $18.77K USD CoinGecko Trust Score 2 /10 Listed coins 7 Trading pairs 8 Trading volume Reported 24-hour volume at each observation · BTC
1D 7D 1M 3M
0.24 BTC Nov 2, 07:00 PM UTC
0 5.8 11.59 17.39 Oct 26 Nov 2 Fetched Nov 2, 07:33 PM UTC · UTC
About the exchange
Country Saint Vincent and the Grenadines
Established 2022
Type Decentralized 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.
Information reported by CoinGecko. Fetched Nov 2, 07:33 PM UTC
Pair Price (quote) Volume (24h USD) Spread Data status USDC / WXDC 32.5351 WXDC $0.999863 USD $9.95K 0.6155% Fetched 07:31 PM UTC DOPU / WXDC 0.0389 WXDC $0.00119486 USD $2.89K 0.6053% Fetched 07:31 PM UTC GAMA / USDC 0.1852 USDC $0.18493 USD $2.3K 0.6187% Fetched 07:31 PM UTC GAMA / WXDC 6.0158 WXDC $0.185143 USD $1.6K 0.6124% Fetched 07:31 PM UTC PLI / WXDC 0.0625 WXDC $0.00196447 USD $1.34K 0.6677% Fetched 07:31 PM UTC XSP / WXDC 0.00161 WXDC $0.00005111 USD $692.95 0.6369% Fetched 07:31 PM UTC FXD / WXDC 26.802 WXDC $1.02 USD $1.74 0.7194% Anomaly 07:31 PM UTC EURS / FXD 1.106 FXD $1.13 USD $1.54 12.2655% Fetched 07:31 PM UTC
Search and volume sorting apply to the 8 loaded markets of 8 reported pairs. More pairs load on demand. Spread is the reported bid–ask gap. Stale and anomalous quotes remain marked.
Exchange data is informational. The Trust Score is CoinGecko’s rating and does not guarantee safety or local availability. Approximate USD exchange volumes use the cached BTC/USD quote; historical observations are shown in BTC.
