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Volume (24h)
$197,213
3 BTC 5.39%
Cryptocurrencies
20
Markets
19

Polkaswap Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.10%

Joined at Jun 19, 2020

Following

225

0.00%

Tweet count

1,666

0.54%

Polkaswap reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Polkaswap Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Polkaswap telegram
Telegram Stats
Visit Telegram

Members

0.22%

Title

Polkaswap.io (Official)

Polkaswap traffic
Website Traffic
Visit Website

Website Rating (DR)

50 / 100

0.00%

Ahrefs Rank

746,607

0.04%

Organic Traffic (mo.)

299

4.78%

Polkaswap github
GitHub Organization

Public repos

-

Type

-

Currently, official Polkaswap GitHub Organization account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Polkaswap github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Polkaswap GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆 Submit Now

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers : 42,229

Members : 7,564

Polkaswap Statistics

Polkaswap Volume
$197,212.55
Volume in BTC
3 BTC
Volume Change 24h
-$10,629.76
5.39%
Cryptocurrencies
20
Markets
19
Market Dominance
0.00%
Market Rank
#197

Polkaswap Exchange Overview

Polkaswap is a Decentralized exchange that ranks #197 on BitDegree Exchange Tracker. Polkaswap has a trading volume of $197,213 in the last 24 hours and $220,807,477 in the last 7 days.

Polkaswap currently has 20 cryptocurrencies, 0 fiat currencies and 19 markets (cryptocurrency trading pairs). The most popular trading pair on Polkaswap is ETH/XOR.

Compare Polkaswap side-by-side with other exchanges here: Exchange Comparison Tool.

Polkaswap is a non-custodial Automatic Market Maker (AMM) DEX built on the Polkadot ecosystem. The platform was founded by Soramitsu in June 2020. It had a soft launch in April 2021 with a focus on interoperability. Polkaswap enables the exchange of assets as well as the creation and listing of new assets.

Polkaswap is a DEX, hence, it does not require user identification, which means it is not subject to KYC. The platform serves people across the world, with no list of prohibited countries. However, some countries with strict cryptocurrency policies may prohibit some or all products of Polkaswap cryptocurrency exchange. The platform is available online through the web application. Additionally, users can access the Polkaswap cryptocurrency exchange through SORA mobile apps.

Markets

Polkaswap crypto exchange supports spot trading. Polkaswap spot allows users to instantly trade cryptocurrency assets without any leverage. Polkaswap trading pairs include crypto-to-crypto markets. It supports over 180 cryptocurrencies spread across various cryptocurrency pairs.

PSWAP is the native token of Polkaswap. It is one of the three primary tokens of the SORA Network. Other platform tokens include XOR and VAL. PSWAP is mainly used as a reward for liquidity providers on Polkaswap. The token was launched in 2021. Polkaswap crypto price is available on the live chart here.

Polkaswap cryptocurrency exchange offers cross-chain swaps across Ethereum, Polkaswap, and Kusama networks. Additionally, the platform uses liquidity aggregation technology to allow trades against multiple liquidity sources under a custom liquidity aggregation algorithm. The algorithm can aggregate liquidity from various sources, which can be in the form of AMM DEXs, order books, or any other algorithm. This mechanism ensures that users find the best value for their swaps.

Polkaswap uses an AMM to create liquidity through liquidity pools. Polkaswap liquidity routing combines only the best price from all available markets. Users can choose between SMART and TBC functions when using the Swap feature. When you use TBC, your trade is executed on the token bonding curve (TBC). TBC manages the XOR supply and it is used for liquidity as long as the asset price is more affordable than from other sources. It helps the Polkaswap crypto exchange achieve deep liquidity. By reducing the effects of slippage, the liquidity supports large Polkaswap trade volumes. On the other hand, a trader can use the SMART function to trade at the best possible price.

The Polkaswap exchange fee is 0.3% for every trade. Polkaswap crypto fees are paid in XOR. However, in case you are trading in other tokens, the platform will automatically deduct the fee, convert it to PSWAP, and then burn it. After that, a certain percentage of the burned amounts is reminted and distributed to liquidity providers, the Parliament, and as a bonus to users.

Other Services

In addition to its unique trading features, Polkaswap provides users with other earning opportunities through staking and liquidity provision. Users can add liquidity to various available liquidity pools and receive pool tokens representing their position. These tokens earn holders he fee proportional to their share of the pool. The reward can be redeemed at any time. You can also stake various tokens on the platform to earn interest calculated as APR.

Moreover, there's the Polkaswap Bridge, which enables users to easily convert tokens from SORA to various Ethereum networks.

Additionally, users can earn through reward programs, including referral programs.

About the Company

Polkaswap crypto exchange was founded in June 2020. It had a soft launch in April 2021. Soramitsu, a Japan-based company, with the support of the Web3 Foundation Grant, leads its development.

Soramitsu built Polkaswap on Polkadot to enable speed, low fees, and interoperability. The developers ultimately built Polkaswap to enable cross-chain swaps of multiple assets. The project has been growing in user base since its launch. The increased activities on the platform enable growth in Polkaswap volume.

Soramitsu, the team behind Polkaswap, is among the biggest contributors to the Hyperledger Iroha project. They have also been involved in financial technology solutions for institutions and businesses.

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It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange. It's a direct supply & demand indicator of the exchange.

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It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange. It's a direct supply & demand indicator of the exchange.

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The total number of different crypto pairs that's available to be traded on this specific exchange.

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The total number of different crypto pairs that's available to be traded on this specific exchange.

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The total number of coins/tokens available to be traded on this specific exchange.

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The total number of coins/tokens available to be traded on this specific exchange.

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It is a quantitative metric in percentage describing how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange, compared to the previous 24 hours.

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It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange, and is valued in Bitcoin. It's a direct supply & demand indicator of the exchange.

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The current exchange Volume Dominance among all other exchanges in the market.

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It's an overall rank of the specific exchange compared to all other crypto exchanges in the market.

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