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Zilliqa Launches First DEX Built by Switcheo
Summary: Switcheo announced the launch of a new decentralized exchange. The platform, called Zilswap, is a fully on-chain decentralized exchange running on Zilliqa, a “scalable” blockchain platform based in Singapore that was hot in 2017. According to the company’s announcement, Zilswap is set to be at the core of Zilliqa’s push to enter the DeFi space. ...
Switcheo announced the launch of a new decentralized exchange. The platform, called Zilswap, is a fully on-chain decentralized exchange running on Zilliqa, a “scalable” blockchain platform based in Singapore that was hot in 2017.
According to the company’s announcement, Zilswap is set to be at the core of Zilliqa’s push to enter the DeFi space. The platform marks the first time that users will be able to trade digital assets on the Zilliqa blockchain.
Zilswap will use an automated market maker, or AMM, that runs on top of a permissionless liquidity protocol, said the company, adding that the setup will be similar to what is available on Uniswap.
