Oswap
- Automated Token Exchange

Oswap.io is an automated token exchange for Obyte largely inspired by Uniswap and Vitalik Buterin's Reddit post. Most exchanges maintain an order book and facilitate matches between buyers and sellers, but Oswap.io removes the need of order book. Oswap.io AAs holds liquidity reserves of various tokens, and trades are executed directly against these reserves. Prices are set automatically using a mechanism called “constant product market maker” or “x * y = k”, which keeps overall reserves in relative equilibrium and doesn’t require any oracle to run. Reserves are pooled between a network of liquidity providers who supply the system with tokens in exchange for a proportional share of transaction fees. This kind of exchanges are also called as Automated Market Makers (AMM).
Authors
Software license
MIT
Active users
- Daily 3
- Weekly 23
- Monthly 56
Transactions
- 1 day 14
- 7 days 163
- 30 days 579
Volume (GBYTE)
- 1 day 27.882
- 7 days 146.243
- 30 days 968.068
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