SpookySwap Review

SpookySwap is a user-friendly decentralized exchange (DEX) on the Fantom Opera network, first launched in 2021. Designed for easy token swaps, yield farming, and secure cross-chain transfers, it uses an automated market maker (AMM) model to handle transactions smoothly. SpookySwap’s native token, BOO, allows users to participate in staking and governance, where staking BOO earns rewards in xBOO, an additional token. The platform includes a bridge feature that supports seamless transfers across popular chains like Ethereum, Binance Smart Chain, and Polygon, which adds flexibility and value for multi-chain DeFi users. Developed by anonymous creators "Eerie" and "ooGwei," SpookySwap combines a focus on security, with CertiK audits, and a community governance approach to enhance transparency and user engagement.

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SpookySwap offers

USDC

TUSD

0.31%

Status

Available

Flexible

$10 084

Fantom

Coin

Action

USDC

TUSD

0.31%

Flexible

$10 084

Fantom

Crypto earn alerts on SpookySwap

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For SpookySwap, 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 SpookySwap.

Earning crypto on SpookySwap

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 SpookySwap. Check the table above for all the details.

Current TVL of the SpookySwap protocol

The SpookySwap protocol's Total Value Locked (TVL) is currently N/A. 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 SpookySwap is holding.

SpookySwap protocol type

SpookySwap 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, SpookySwap offers a reliable and accessible option in the decentralized trading space.

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