1. Discover
  2. Apps
  3. AirSwap

AirSwap

Validated
Validated
ExchangesDEX

About AirSwap

AirSwap curates a peer-to-peer network for trading digital assets: a novel design that protects traders from counterparty risk, price slippage, and front running. Any market participant can discover others and trade directly peer-to-peer using a combination of web protocols and smart contracts.

AirSwap is a decentralized trading platform designed to facilitate secure, efficient, and transparent peer-to-peer token swaps. Founded in 2017, AirSwap aims to eliminate the need for intermediaries in the trading process, adhering to the core principles of decentralization. The platform supports over-the-counter (OTC) and request-for-quote (RFQ) trades, providing users with flexible trading options.


The mission of AirSwap is to enhance liquidity and safety in the Web3 ecosystem by offering a trustless trading environment. This means that users can trade directly with each other without the need for centralized exchanges, reducing counterparty risk and increasing transaction transparency. AirSwap supports a wide range of tokens, making it a versatile solution for traders looking to conduct direct swaps securely and efficiently.


The platform's design leverages smart contracts to automate and secure transactions, ensuring that trades are executed only when both parties meet the agreed-upon conditions. This approach not only enhances security but also increases the speed and efficiency of trades, making AirSwap an attractive option for both retail and institutional traders.


AirSwap was conceptualized to revolutionize the trading landscape by providing a decentralized alternative to traditional exchanges. Since its launch in 2017, AirSwap has facilitated billions of dollars in trades, showcasing its reliability and effectiveness. The platform operates on multiple blockchain networks, including Ethereum, BNB Chain, Polygon, Linea, and Avalanche, enhancing its interoperability and reach.


The development journey of AirSwap includes several key milestones, such as the launch of its decentralized exchange (DEX), the integration of advanced cryptographic security measures, and the establishment of a robust governance framework through the AST token. The DEX allows users to trade directly with each other without relying on a central authority, aligning with the decentralized ethos of the project.


AirSwap's architecture combines off-chain pricing mechanisms with on-chain settlement, ensuring that trades are both cost-effective and secure. This hybrid approach allows for efficient price discovery and execution while maintaining the security and transparency of blockchain technology.


The governance model of AirSwap is community-driven, with AST token holders having the power to propose and vote on key protocol upgrades and changes. This ensures that the platform evolves in line with the community's needs and preferences, fostering a sense of ownership and participation among users.


Competitors in the decentralized trading space include Uniswap, 0x Protocol, and Kyber Network, each offering unique features and capabilities. However, AirSwap differentiates itself through its focus on peer-to-peer trading and its hybrid off-chain/on-chain architecture, which enhances both efficiency and security.

  • Trustless Trading: AirSwap enables secure, peer-to-peer token swaps without intermediaries, significantly reducing counterparty risk.
  • Efficient Transactions: The platform employs off-chain pricing and on-chain settlement, ensuring trades are competitive and efficient.
  • Multi-Blockchain Support: AirSwap supports Ethereum, BNB Chain, Polygon, Linea, and Avalanche, offering extensive flexibility and interoperability.
  • Decentralized Governance: AST token holders can participate in governance, shaping the future of the platform through proposals and votes.
  • Secure Swaps: Cryptographic signatures and smart contracts ensure that trades are only executed when both parties' conditions are met, enhancing security.
  • Incentivized Liquidity Provision: Users can stake AST tokens to earn rewards, promoting active participation and liquidity in the network.
  • Versatile Trading Options: The platform supports both OTC and RFQ trades, catering to different trading needs and preferences.
  • Community-Driven Development: The governance model ensures that the platform evolves based on community feedback and participation, fostering a sense of ownership among users.

  1. Create an Account: Visit AirSwap and create an account by providing the necessary details.
  2. Connect Wallet: Link your cryptocurrency wallet, such as MetaMask, to the AirSwap platform to facilitate secure and seamless transactions.
  3. Explore Tokens: Browse through the available tokens on the platform and select the ones you wish to trade.
  4. Initiate Trade: Use the OTC or RFQ trading options to initiate a swap with a counterparty. Ensure you understand the terms of the trade before proceeding.
  5. Secure Transaction: The platform uses cryptographic signatures to ensure that the trade is executed only if both parties meet the agreed conditions, enhancing security.
  6. Complete Swap: Confirm and complete the swap, with tokens being transferred on-chain once the conditions are met.
  7. Participate in Governance: If you hold AST tokens, participate in the governance process by proposing or voting on protocol upgrades and changes.
  8. Stake Tokens: Stake your AST tokens to earn rewards and contribute to the liquidity of the network.

For detailed guides and tutorials, refer to the AirSwap Documentation, which provides comprehensive instructions on using the platform and participating in its ecosystem.

AirSwap Token

Loading Data
App Validation Score in Magic Store
0out of 50 Votes
Approve
0 / 0%
Reject
0 / 0%

AirSwap Reviews by Real Users

4.54out of 554 Reviews
62%
29%
5%
1%
0%

AirSwap FAQ

  • AirSwap supports multiple blockchains, including Ethereum, BNB Chain, Polygon, Linea, and Avalanche, enhancing its interoperability.

  • You can execute over-the-counter (OTC) and request-for-quote (RFQ) trades on AirSwap, providing flexible trading options.

  • Yes, you can earn rewards by staking AST tokens and participating in liquidity provision on the AirSwap platform.

  • AirSwap uses cryptographic signatures and smart contracts to ensure that trades are only executed when both parties meet the agreed-upon conditions, enhancing transaction security.

  • AirSwap enhances liquidity by providing a decentralized, peer-to-peer trading platform that incentivizes liquidity providers with AST token rewards and supports multiple blockchains, ensuring a wide range of token availability and trading flexibility.

You Might Also Like