AshSwap Review

AshSwap, launched in 2021, is a decentralized exchange (DEX) on the MultiversX blockchain, designed for seamless stablecoin swaps using AMM liquidity pools. These pools are enhanced by Stable-Swap and Concentrated Liquidity algorithms, offering more efficient and optimized trading. The project secured $2.5 million in its seed round, followed by an additional $3 million raised through an ICO in 2022. Backed by prominent investors like Morningstar Ventures, Skynet EGLD Capital, SL2 Capital, Spark Digital Capital, and SwissBorg Ventures, AshSwap demonstrates strong support from key players in the DeFi space, emphasizing its innovative approach and promising potential.

$4 767 666

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Ashswap offers

USDT

USDC

2.9%

Status

Available

Flexible

$654 647

MultiversX

Coin

Action

USDT

USDC

2.9%

Flexible

$654 647

MultiversX

Crypto earn alerts on Ashswap

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For Ashswap, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on Ashswap.

Earning crypto on Ashswap

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from Ashswap. Check the table above for all the details.

Current TVL of the Ashswap protocol

The Ashswap protocol's Total Value Locked (TVL) is currently $4 767 666. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like Ashswap is holding.

Ashswap protocol type

Ashswap is a decentralized exchange (DEX) designed to simplify crypto trading directly from users' wallets. It operates on automated market maker (AMM) technology, enabling secure, direct transactions between users without a central authority. This setup ensures transparency, keeps fees lower, and allows users to manage their assets independently. Whether you’re trading or providing liquidity, Ashswap offers a reliable and accessible option in the decentralized trading space.

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