Quickswap
Last updated
Last updated
QuickSwap is a Layer 2 decentralized exchange and automated market maker (AMM) built on the Polygon network. It functions similarly to Uniswap in that users provide liquidity and earn transaction fees when they swap tokens from these liquidity pools.
Launched in 2020, it uses an AMM model where users swap tokens without order books. Since it’s a DEX, Know Your Customer (KYC) isn’t needed. To transact, you need only a wallet to connect to the platform, and MATIC tokens to pay for the transaction fees.
QuickSwap offers a bridge between the Ethereum blockchain and Polygon. Thus, users can swap and trade ERC-20 tokens on QuickSwap.
QUICK is the native cryptocurrency for QuickSwap. You can stake it to earn dQUICK or participating tokens, or swap it with another trading pair on QuickSwap.
