Enables cross-chain decentralized finance (DeFi) trading by aggregating liquidity from over 400 sources across 8 blockchains, allowing users to swap over 5,000 crypto assets without hidden fees. The platform offers gasless transactions and protection against MEV attacks, streamlining the trading process while eliminating the need for wrapped tokens or multiple native coins.
Funding
Funding not disclosed
Founders
Product
Problem
Cross-chain decentralized finance (DeFi) trading is often hampered by fragmented liquidity across multiple blockchains, leading to inefficiencies and the need for wrapped tokens. Users face challenges in seamlessly swapping assets across different chains without incurring hidden fees or being vulnerable to MEV attacks.
Solution
Kinetex (now Swaps.io) enables cross-chain DeFi trading by aggregating liquidity from over 400 sources across 8 blockchains, allowing users to swap over 5,000 crypto assets. The platform offers two trading modes: Flash Trade, which utilizes professional market makers for instant transfers, and Aggregation Mode, which automatically searches for the most effective routes among decentralized exchanges (DEXes) and bridges. Kinetex also provides gasless transactions, where relay nodes automatically pay gas fees in any selected network, and protection against MEV attacks, streamlining the trading process. This eliminates the need for wrapped tokens or holding multiple native coins.
Target Audience
The primary target audience includes DeFi users seeking seamless cross-chain asset swapping and developers building multi-chain DeFi applications.
Features
- Liquidity aggregation from over 400 sources across 8 blockchains
- Support for swapping over 5,000 crypto assets
- Flash Trade mode for instant transfers using professional market makers
- Aggregation Mode for automatic route optimization across DEXes and bridges
- Gasless transactions via Kinetex relay nodes
- MEV attack protection
- Universal Gasless feature, eliminating the need to store multiple native coins
- Open-source code and developer documentation for building multi-chain DeFi applications