SpiritSwap

October 11, 2022

If you are wondering how good is SpiritSwap to trade or exchange cryptocurrencies on, this is the place to be.

SpiritSwap is a decentralized exchange (DEX) on the Fantom Opera Chain. SpiritSwap's design is based on the Uniswap constant-product automated market maker (AMM). In an AMM, liquidity providers simply deposit a pair of tokens and an algorithm automatically makes markets for the token pair. Traders can easily swap between tokens in the AMM and get guaranteed rates for the swaps. Each swap on SpiritSwap incurs a fee, which gets distributed to liquidity providers and $SPIRIT stakers.