Introducing Swaap Earn ๐
A new protocol to supercharge your DeFi yields by topping them up with Swaapโs state-of-the-art market making capabilities.
First vaults will allow users to supercharge their lending & recursive staking strategies.
More vaults will soon follow ๐
1/ Swaap v2 is now live on
@ethereum
and
@0xPolygonDeFi
๐๐๐
We're leveraging our successful $4.5m fundraising to bring game-changing market-making strategies to the DeFi community. ๐ย
Here is how it works ๐งต โฌ๏ธ
๐๐ Exciting news!
@SwaapFinance
has closed a $4.5M seed round & is excited to announce our upcoming v2 launch, set to revolutionize the
#DeFi
landscape. [1/10]
๐จ Swaap Earn Waitlist Campaign๐จ
We are excited to kick off our Waitlist campaign to the discovery of some of our key ecosystem partners ๐ค
Participate for a chance to earn early access to Swaap Earn and $5000 in USDC ๐ธ
๐๐ณHey Swaapsters!๐๐ณ
Join our
@zealy_io
questboard now to secure EARLY ACCESS to Swaap v2 and unlock other exclusive perks! ๐
We've just launched some fun, new quests this week!
Don't miss out, start your journey here โก๏ธ
'Guess our next chain' Day 1/3
With 50 USDC to be won daily, can you correctly guess the answer? ๐ค
"I'm not the first, but I come in next, Making blockchain faster, with no complex text. What am I called? (word and a number)"
Here's how to enter:
1๏ธโฃ Quote Post this post withโฆ
1/7 ๐
Exciting news for the
@SwaapFinance
v1 community!
We've created a guide to the upcoming Swaap v2 launch, outlining what's going to happen with the current version, how v2 will benefit you and how to get access.
Let's dive in!๐
1/10
๐ Major news!
We're thrilled to unveil the whitepaper for Swaap v2, a non-custodial RfQ market-making infrastructure offering optimal liquidity services
This thread will break down the whitepaper and highlight why Swaap v2 is a game-changer โฌ๏ธ
We are thrilled to share that Swaap Earn will launch on
@arbitrum
! ๐
Swaap Earn allows Liquidity Providers to supercharge their DeFi opportunities by topping them up with Swaapโs state-of-the-art market making, Swaap Maker.
When we launched Swaap Maker there last December,โฆ
'Guess our next chain' Day 2/3
Can you solve this next piece of the puzzle and be in with a chance of winning today's 50 USDC? ๐งฉ
"I'm a word that means hopeful, always looking bright, In blockchain, I also make the future light. What's my name, shining so right? (I begin withโฆ
๐Get 12/12 at this quizz () about Swaap and you will receive the very first Swaap POAP!
๐All information are in our docs (), our medium () so take the chance to look at them! โฌ
Thrilled to have
@chainlink
as our preferred oracle provider on
@arbitrum
๐ค
We are glad to be using Chainlink and its secure, reliable, and decentralized data feeds for our on-chain applications, with Chainlink having helped power Swaap since its v1 launch in June 2022.
'Guess our next chain' Day 3/3
This is your last chance to win 50 USDC by guessing our next launchโ
"When two sides can't agree, I'm the key, In finding a middle ground, I'm what you see. In blockchain, too, I help make decisions free. What am I? A word for solving a plea."โฆ
Introducing the AMM simulator: Turning 4 years of data into 1,000 years โณ
We just released a research paper in which we introduce the AMM simulator: a tool to test market making strategies in thousands of different market conditions.
๐ Join the waitlist for Swaap v2 and enjoy exclusive benefits! Sign up at , powered by
@zealy_io
for a seamless onboarding experience. Get involved with
@SwaapFinance
on Twitter & Discord. [8/10]
1/4
๐๐ง Introducing the "Swaap Gigabrain"
@zealy_io
campaign!
๐งฉ Complete unique quests, designed to test your skills and knowledge. You must complete each quest in order to access the next one
Excited to announce that Swaap is live on
@1inch
๐ ๐
First results are really promising: Swaap is already the most efficient venue for small trades! ๐คฏ
Swaap Protocol is now live on
@0xpolygon
mainnet ๐
Check it out:
โข WBTC/WETH/USDC Pool with retroactive native token rewards
โข Exclusive Swaap NFT for LPs providing >$1000 worth of assets during 40 days or more
โข Resistance to IL, cheap fees
Swaap's launch on
@arbitrum
๐ offers a host of new opportunities for our current users and new LPs from the Arbitrum community ๐
๐ง Let's dive into the details:
1. Pools ๐
Swaap launches with two pools on Arbitrum with more earmarked for the near future:
1๏ธโฃ WETH-USDC
2๏ธโฃโฆ
As a reminder, Swaap uses
@chainlink
oracle feeds for all listed assets, including USDC.
Therefore, Liquidity Providers are not affected by any market making losses due to the depeg.
Stay strong in those tough times frens ๐ซก
Excited to announce that Swaap is live on
@paraswap
! ๐
This is our second integration with a major aggregator. ๐คฉ
We have been very happy to pionneer the very efficient DexLib integration model, thanks
@paraswap
team for your support on this!
1/ ๐ฏ
@1inch
has integrated Swaap and this marks a critical milestone on our journey to build the best AMM in DeFi
Here is why this is a major deal โคต๏ธ ๐งต
๐๏ธ Join us tomorrow for a community AMA as we sit down with
@taikoxyz
to discuss:
1๏ธโฃ Swaap's deployment on the Taiko testnet ๐ค
2๏ธโฃ The impact they are having on the blockchain ecosystem ๐ฅ
๐ December 1st, 2:30 pm CET, Discord
Set a reminder below๐
๐ Swaap will be launching soon on
@arbitrum
!
Well done to the members of our big brain community who already figured this out in our competition!
This connects us with a network that has the ideal combination of optimal infrastructure and access to a DeFi-native community
๐โฆ
1/5
๐ Exciting news from the Swaap team!
The closing of the Swaap v2 whitelist is fast approaching
This is your chance to get in on the ground floor of something game-changing
Compete alongside over 1300+
@zealy_io
questers to win whitelist status!
//SWAAP AMA TOMORROW//
GM Swaapers,
We will hold an AMA tomorrow, on June 16th at 2pm UTC
Topics covered: Launch incentives (retroactive rewards, NFTs), pool features, roadmap. ๐
See you on Twitter Spaces:
Keep Swaaping! ๐ณ
Since the Arbitrum launch in early December:
๐ฅ Arbitrum TVL climbed from $0 to $1.8m, overtaking Ethereum and Polygon
๐ Arbitrum 30D volume makes up >50% of total 30D volume
Join our cofounder
@CyrillePastour
and
@defivas
from
@Velvet_Capital
for an insightful discussion!
They will share their common journey from advising the best TradFi funds at BCG to building the next financial system ๐๏ธ
Yesterday, Swaap crossed $1m TVL. ๐คฏ
LPs deposited over $1,400,000 on the protocol. ๐
Swaap will be able to address larger trades and increase its trading market share. ๐คฉ
Weโd like to thank all LPs, aggregators, and the community for their trust and support. ๐ช
1) Oracle-based strategies outperform all known oracle-free strategies. This validates our choice to use
@chainlink
's oracles as a key design feature ๐ญ
1/5
๐ Swaap v2 has reached another significant milestone through our integration with
@odosprotocol
!
This will enhance trading volume on Swaap, increasing the yield potential for our LPs
Swaap Earn - Alpha launch ๐
The app is live and open for deposits from whitelisted users.
This includes any Swaap v2 user eligible for an LP NFT & select bootstrapping partners.
Deposits on each vault will initially be capped at $1m.
Let's dive in ๐
๐ Swaap v2 crossed $1m liquidity this morning, less than 24 hours after the public launch! ๐
Deposit now to secure the v2 launch NFT!
Mintable only until July 20th โณ
GMonad! ๐ฆ
Monad just achieved 10k TPS on the EVM.
MASSIVE speed.
But do your fellow degens realize how fast Monad is?
Let's show them with your best meme!
Prompt is: "How fast can a monad degen go?"
Here's the Swaap team's take:
Excited to include Paraswap among our launch partners on
@Arbitrum
๐ค
@paraswap
is a major DEX aggregator. It processes a fast-growing volume on Arbitrum which currently exceeds $2.11bn since inception.
We have been working with Paraswap since 2022 and Swaap v2 was integratedโฆ
๐งต1/6๐ This week was HUGE for Swaap! ๐ณ
We closed a $4.5M seed round & announced our upcoming v2 launch to revolutionize the
#DeFi
landscape.
Time for a recap of the highlights! ๐๐ฅณ
Swaapโs recent integration with ParaSwap will boost trading volumes and APR for our LPs ๐
To learn more, come to the Swaap x ParaSwap Twitter space today at 1 pm UTC!
Join here:
Swaap v2 handled 27.9% of trades below $60k of the ETH/USDC mainnet pool on
@paraswap
yesterday ๐
All of this with 350x less liquidity than the ETH/USDC 5bps pool on Uni v3 ๐
๐ Swaap v2 reached $650k liquidity in only 24 hours! ๐
Quite a milestone for a closed private launch ๐
After July 12, anyone will be able to deposit & enjoy those juicy APRs ๐ธ
Whitelisted people - only a few days left to secure your boost!
๐
๐จSwaap v2 is live for whitelisted users!๐จ
Deposit liquidity before July 12th to secure a year-long 15% boost in Swaap token rewards.
To non-whitelisted people: donโt worry, the launch is coming soon ๐ (1/5)
1/
๐ฅ Swaap has officially deployed on the
@taikoxyz
testnet!
This is a significant step forward in our journey towards building the best in DeFi
Here is how it will benefit both projects ๐๐งต
Thrilled to count Odos among our launch partners on
@Arbitrum
๐ค
@odosprotocol
is a prominent DEX aggregator. It has processed an estimated $4.8bn volume on Arbitrum since inception.
We have been working with Odos since the integration of Swaap v2 in August 2023!
We are gladโฆ
๐ฅ Swaap v2 is a Next-Generation Market Making Protocol, leveraging oracles & dynamic spread for sustainable yields & reduced trading costs. Our unique approach addresses the critical issue of impermanent loss in DeFi. [2/10]
Is
#APY
the crypto equivalent of snake oil?
Swaap and leading data platform
@ApyVision
are working hard to improve the interpretation of this controversial metric.
Interested in learning how to calculate the true return of your crypto investments? โฌ๏ธ
๐ฆ To win the POAP, you also need to like or RT the first tweet.
โฐ You have until 16/06 (Thursday) midnight UTC to get this quizz done, so donโt wait!
Swaap Monthly Summary - a ๐งต
๐ January has been a big month for Swaap, and it would be a shame to keep the amazing things that happened for ourselves. Thatโs why we decided to write a little summary of some key milestones that put Swaap on track for a great year 2022. Enjoy!
Swaap just processed a huge $104k trade, our largest single trade ever! ๐
It was executed on the USDC-USDT pool on
@0xPolygonDeFi
, which boasts a TVL of $765k
This showcases the capital efficiency of our design ๐ช
Recent issues in liquidity management by big players are telling.
Crypto lacks top scientific talent. ๐งช
The greatest researchers still work for FAANG or TradFi.
Swaap just struck a deal to change that. ๐ค
๐ฃ Swaap v2 code is now open-source & publicly available ๐ฃ
This major step reaffirms our commitment to the core principles of decentralization
But why is it important? It's all about transparency and innovation ๐ (1/4)
Swaap is excited to be collaborating with
@star_protocol
to connect our communities ๐
Star is the pioneering Omnichain Naming Service with support across 28 blockchains ๐
This is the first step in our partnership ๐ค
Stay tuned for more updates soon!
At Swaap, we got rid of Impermanent Loss โ
Our pools actually face a different risk, "classic" for market makers.
It's called Inventory risk.
Here's how it differs from IL and how we hedge against it ๐
๐ Launched in July 2022 on
@0xPolygonLabs
, Swaap v1 has already proven profitable market-making on-chain is possible, recording <0.1% impermanent loss on our WBTC/WETH/USDC pool, powered by
@chainlink
price feeds. [3/10]
๐ฃ๏ธ
@CyrillePastour
, co-founder of Swaap Labs: "This funding will enable us to accelerate the development & release of Swaap v2, delivering even more value to LPs & traders in the DeFi ecosystem." [7/10]
According to our AMM simulator, Swaap v2 models can generate yields up to 10x higher than Swaap v1 ๐คฏ
So, what makes v2 that much more powerful? (1/13)
๐ค Swaap is live on
@arbitrum
!
The network has an exceptional combination of infrastructure and DeFi-native community to fully support Swaap ๐๏ธ
๐ What makes Swaap different?
Swaap uses advanced market-making models that take the best of TradFi and adapt it for DeFi,โฆ
๐ Swaap x Frax partnership is now official! ๐
Last Saturday, our proposal passed the FRAX governance vote on Snapshot โ
Therefore, the future FRAX/ETH pool on Swaap v2 will be added to FXS gauge controller ๐คฉ
1/๐Exciting news!
The
@chain_security
audit of the Swaap v2 codebase is complete
We're happy to share that no critical vulnerabilities were foundโ
All high and medium-severity issues identified in the audit have been corrected๐
Hereโs how Swaap v2 emphasizes security
What a ride!
While the FTX collapse brought the bear market to the next level,
Swaap crossed several milestones in the past few weeks. ๐
Join our November AMA to discuss:
AMA summary - lessons from recent integration with
@1inch
:
Our model is working: we can market make with <1.5% yearly Impermanent Loss ๐คฏ
Swaap is creating a new asset class with unique risk / volatility profile!
Swaap joins forces ๐ค with
@ipor_io
&
@MorphoLabs
to explore the fascinating evolution of
#DeFi
innovation! ๐ฅ
From humble beginnings to the cutting-edge DeFi 3.0 era and beyond, we dive into this transformative journey ๐
Unleash your DeFi wisdom โฌ๏ธ
Aggregator Series
#1
:
@paraswap
๐ผ
โข Founded in 2018 by
@mounibec
โข >$50bn trading volume since inception
โข >120 integrations
โข Deployed on 7 blockchains
Wonder how cool youโd look wearing our amazing Swaap socks? ๐งฆ
Itโs your lucky day: weโll distribute them at ETHCC ๐ซ๐ท
โ ๏ธ Exclusively for Swaap v2 NFT holders โ ๏ธ
Deposit before July 20th to secure your NFT & be eligible for the socks ๐
It took us more than a year to get from 0 to 1,000 LPs.
Getting from 1,000 to 2,000 took us less than one month.
Thatโs the power of compound growth. ๐
A big thanks to Swaap LPs & community!
Weโll continue to work hard and deliver for you โค๏ธ
โ ๏ธThis is the last day to claim your Swaap v2 launch NFT!
Join over 1600 other LPs who have already minted and take advantage of the early benefits by depositing in v2
After today this will be permanently closed๐ฒ
๐ฃ๏ธย Community Call incoming!
Join us tomorrow Feb 23th at 16:00 CET for a highly anticipated community call with
#Swaap
Cofounder
@CyrillePastour
as we dive into updates, partnerships and what the future holds with the upcoming v2 release.
Link below โฌ๏ธ
1/7 ๐ Swaap recently teamed up with
@MorphoLabs
and
@ipor_io
to investigate the current rate of
#DeFi
innovation. ๐
Need a better grasp of the transition from DeFi 2.0 to 3.0?
Follow this thread to learn more and stay ahead of the curve โฌ๏ธ
Science worked its magic ๐ช
Our research partnership with
@LouisBachelier
is bearing fruit ๐
Big news will be released in the coming days ๐
Stay tuned ๐คซ
Competition time! ๐
Swaap is launching on a new blockchain! Can you guess which blockchain we're launching on? ๐
Starting tomorrow, join our daily quest for the next three days. Solve each riddle to be in with a chance to win a daily 50 USDC and figure out what the finalโฆ
๐ Swaap v2 employs advanced market-making models built using the AMM simulator, developed in collaboration with the
@LouisBachelier
, a leading Math Research Institute. [4/10]
While FTX collapsed, Swaap crossed $1M in TVL and 1 500 LPs. ๐
We also achieved great performances in terms of net APR and IL resistance. ๐ช
How did we do that? What does the future hold in store?
The whole community was waiting for it...
Swaap v2 Dune Dashboard is now live! ๐
It features:
โข TVL & number of LPs
โข Trading volume by pool & chain ๐
โข Net Market Making APRs ๐
Check it out:
Swaap v1 was live for 1 year before it reached $6m in total trading volume.
Swaap v2 was live for 3 months before it crossed $10m.
And it took one month for v2 to go from $10m to $20m.
Probably nothing ๐
๐ค SWAAP x FRAX ๐ค
We're proud to build Swaap v2 with top-tier DeFi partners: our proposal for the
@fraxfinance
community is live ๐
The plan is to add a Swaap v2 FRAX/ETH pool (once live) to the FXS gauge controller.
๐ข Update: we have regained control of this account!
Thanks to everyone for your patience and support during the brief interruption.
โ Please disregard any misleading tweets from the compromised period.
๐ We are investigating the source of the issue to ensure it does notโฆ
1/5
๐ฃ๏ธ
#ETHDenver
report: Sunday 26th (Day 1)
Swaap met with
@odosprotocol
and were extremely impressed๐with their progress in making onchain trading better with more efficient swaps, UX and information tools
1/4
๐ฃ๏ธย January update!
We are working to ship v2 while supporting our current users.
v2 will use new market making models built from the collaboration with
@LouisBachelier
, focusing on high yield strategies with higher risk acceptance ๐
Learn more โฌ๏ธ
We are pleased to announce that the faucet is back up and running ! ๐ฅณ
You can now freely use the testnet, which is available here:
The design is simple but temporary, expect an amazing release for the mainnet ! ๐
Keep swaaping,
The Swaap team