SwapX DOCS
  • Welcome to SwapX
    • Overview
    • Why Sonic?
      • Sonic Points
      • Sonic Boom
      • Fee Monetization
  • Protocol Design & Features
    • Algebra Integral V4
      • Core Mechanism
      • Plugins
      • YieldSync Plugin
        • Mechanism Design
        • Security
      • Concentrated Liquidity
      • Pools
      • Odos & Orbs
    • Automated Liquidity Management
    • Enhanced User Experience
    • Security
    • Referral System
      • Rewards Allocation & Distribution
      • Power Percentage System
  • Tokenomics
    • Tokens
    • Voting System
    • Emission Schedule
      • Allocations & Vesting Schedules
      • Protocol Allocations
      • User Airdrop
      • xNFT
      • Team Allocation
      • Treasury
      • CEX Listing & Launchpad
    • Protocol Revenue
    • Contracts
  • Official Links
  • Media Kit
  • Legal Disclaimer
  • Apply for a Partnership
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  1. Welcome to SwapX

Overview

This page provides an overview of SwapX and its main features.

NextWhy Sonic?

Last updated 2 months ago

SwapX is a decentralized exchange (DEX) which aims to become the leading platform for native concentrated liquidity on Sonic Blockchain. We aim not only to become the most-used DEX on Sonic in terms of volume and financial metrics but also to provide the best liquidity management experience for liquidity providers (LPs) and users who simply want to swap assets, offering the best possible UX/UI experience and competitive prices.

Our goal is to foster collaboration among decentralized finance (DeFi) projects to deliver comprehensive and innovative solutions. For this reason, we have partnered with multiple projects in the space to provide the best possible experience for SwapX users. Details about the various architectural solutions will be described later in this document.

Our Main Features

We combine the most efficient and advanced architectural solutions available on the market with a highly convenient user experience. Here are the key features that make this possible:

  • Algebra Integral as main engine: A top-tier DeFi technology provider powering over 30 DEXes and facilitating $70 billion+ in trading volume. We partnered with them to enhance functionality and user experience through plugin technology.

  • Concentrated Liquidity: lets LPs allocate funds to specific price ranges, earning higher fees while providing traders with deeper liquidity and reduced slippage.

  • Plugins: enable modular upgrades, adding new features without disrupting liquidity or core immutability, while preserving user self-custody.

  • Classic Pools: Classic pools offer customizable AMM options for volatile tokens (Uniswap's formula) or stable pairs (Solidly's curve) to meet protocol needs.

  • Automated Liquidity Management: simplifies liquidity provision by allowing users to contribute a single token instead of an LP pair, eliminating barriers and streamlining the process.

  • Account Abstraction: SwapX will use EIP-4337 to allow user authentication via mail and Google, streamlining sign-ins while ensuring privacy by never accessing private keys, keeping crypto assets secure and users in full control.

  • VE(3,3) Token Model: this model rewards token lockups to boost liquidity and TVL, while promoting decentralized governance and aligning the interests of token holders, liquidity providers, and the protocol for sustainable growth.

We are committed to growing the Sonic Ecosystem and becoming one of the largest DEXes out there.