Futureswap is an Ethereum-based decentralized exchange that enables leveraged trading on a variety of crypto assets while ensuring user ownership and governance through a community-driven protocol. By utilizing low-risk liquidity pools and efficient transaction mechanisms on Arbitrum and Avalanche, it provides traders with a secure and cost-effective environment for maximizing their trading potential.
Funding
$12.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional centralized exchanges present risks related to custody of funds, potential for manipulation, and lack of transparency. Traders often face high fees and limited control over their assets, while liquidity providers may encounter impermanent loss and limited capital efficiency.
Solution
Futureswap is a decentralized exchange (DEX) built on Ethereum that enables leveraged trading of crypto assets through a community-governed protocol. By leveraging low-risk liquidity pools on Arbitrum and Avalanche, Futureswap provides a secure and cost-effective environment for traders to maximize their trading potential. The platform utilizes automated market makers (AMMs) to ensure deep liquidity and efficient price discovery. Users maintain full custody of their assets, and the decentralized governance model allows the community to propose and vote on protocol changes, asset listings, and other key decisions.
Target Audience
Futureswap targets cryptocurrency traders seeking leveraged exposure in a decentralized, secure, and cost-effective environment, as well as liquidity providers looking to earn fees and FST rewards.
Features
- Up to 30x leverage on a variety of crypto assets
- Low-risk liquidity pools to minimize impermanent loss for liquidity providers
- Cheap transactions via Arbitrum and Avalanche integrations
- Utilizes the most liquid AMMs for efficient price discovery
- Permissionless trading, allowing anyone to participate without KYC
- Fully composable architecture, enabling integration with other DeFi protocols
- Community-driven governance through the FST token
- Multiple audits from Open Zeppelin and Trail of Bits