4swap
About 4swap
Launched on September 3, 2020, 4swap is a decentralized exchange on Mixin Network that utilizes the Automated Market Maker mechanism. Within six months since its launch, the global liquidity reached $55,227,864.54 on February 21, 2021 and 24h trading volume peaked at $7,132,032.03 on January 11, 2021. There are 39 pairs in total on 4swap MTG as of February 22, 2021.
Similar to Uniswap, 4swap users can swap at a specific crypto assets market(pair) and/or become liquidity providers and receive rewards. What makes 4swap stand out among the status quo are the reasons as follows:
Benefited from the PoS, layer 2 (off-chain) and sidechains technology basis of Mixin Network, 4swap supports swapping between crypto assets of more than 30 main chains, confirms final transactions within 1 second (Peak Transactions Per Second (TPS) is currently 198 : https://mixin.one/snapshots), is free of transaction fees. More details a