SwapX

Company OverviewSwapX

is a decentralized exchange (DEX) built on the Sonic L1 blockchain. Its core goal is to become the leading native centralized liquidity platform in the Sonic ecosystem. SwapX aims to provide an efficient trading experience, reduce slippage, and provide higher yields for liquidity providers (LPs).

Products & ServicesConcentrated

LiquiditySwapX

uses the Algebra Integral V4 engine, which allows liquidity providers to concentrate funds within a specific price range, improving capital efficiency and trading depth.

The Modular Plugin Architecture

platform adopts a plug-in architecture to support the flexible expansion of functional modules and ensure the upgradeability and security of the protocol.

Automated Liquidity ManagementSwapX

provides automated liquidity management tools that simplify the operation process of liquidity providers and improve the utilization rate of funds.

Account Abstraction

platform plans to adopt the EIP-4337 standard, which allows users to authenticate via email or Google account, simplifying the sign-in process while ensuring the security of user assets.

VE(3,3) Token

ModelSwapX introduces the VE(3,3) token model to encourage users to lock tokens for higher yields and promote decentralized governance.

Market Positioning &

DevelopmentSwapX's goal is to become the most popular decentralized trading platform on the Sonic blockchain. By providing an efficient trading experience and rich features, SwapX attracts a large number of users and developers. As of May 2025, SwapX's total value locked (TVL) is approximately $47.29 million and its market capitalization is approximately $2.33 million.

Regulatory & ComplianceCurrently

, SwapX has not made public its regulatory and compliance information globally. However, as a decentralized financial protocol, the operation of the platform may be affected by the regulatory policies of different countries and regions.

Wrap Up SwapX

is an innovative decentralized trading platform dedicated to providing an efficient and secure trading experience. By introducing advanced technologies such as centralized liquidity, plug-in architecture, and the VE(3,3) token model, SwapX has taken a significant position in the decentralized finance space. However, users should be aware of the regulatory and compliance risks they may face when using the platform.