Algebra Integral V4
This page explains why SwapX uses Algebra V4, detailing its functionality, plugin support, concentrated liquidity, diverse pools, and integrations.
Last updated
This page explains why SwapX uses Algebra V4, detailing its functionality, plugin support, concentrated liquidity, diverse pools, and integrations.
Last updated
At SwapX, we want to be the core hub for concentrated liquidity on Sonic. To achieve this, we have chosen Algebra Finance as its official partner and primary technology provider. The partnership is founded on Algebra's Integral V4. This approach enables seamless integration of plugins (also known as hooks on Uniswap V4), allowing SwapX to modify modular components designed to extend the functionality of our AMM.
Why we have chosen the Algebra team to work with and why we trust them:
Algebra powers over 30 DEXes, facilitating more than $70 billion in cumulative volume, with daily trading volumes reaching up to $679 million.
Algebra is ranked as the 7th most forked protocol on DeFiLlama, solidifying its reputation as a top-tier DEX solution provider.
Algebra processes over 8% of all EVM trading volume, proving its ability to handle the demands of large-scale DeFi ecosystems.
We are excited to be the core partners together with the Algebra Finance team and being one of the first Integral-powered DEXes to utilize plugins for better experience for both users and Liquidity Providers (LPs).