Introducing MantleSwap — The Next Generation AMM DEX on Mantle Network
Decentralized exchanges (DEXs) have become incredibly popular in decentralized finance (DeFi), allowing for the trading of tokens in a permissionless manner without centralized intermediaries. However, most DEXs still have limitations around speed, fees, and user experience.
MantleSwap aims to solve these problems by building an automated market maker (AMM) DEX on the scalable and low-cost Mantle Network. In this post, I’ll provide an overview of MantleSwap and why it’s shaping up to be the next-generation DEX.
What is MantleSwap?
MantleSwap is an AMM DEX that provides lightning fast and affordable decentralized trading on Mantle Network. Some key features include:
- Low fees — Trades cost just a fraction of a penny, thanks to Mantle’s architecture
- High speed— Trades execute in seconds with Mantle’s scalability
- Slippage protection— Users are protected from high slippage from large trades
- Intuitive interface — Easy to use interface that mimics centralized exchanges
- Secure— Leverages Mantle Network’s security inheriting from Ethereum
In addition to the DEX, MantleSwap offers other DeFi products including lending, liquidity mining, and more. The goal is to be a one-stop shop for all DeFi needs.
Why Build on Mantle Network?
Mantle Network provides the ideal base layer for building scalable and affordable DeFi applications like MantleSwap. Here’s why:
- EVM-Compatible— Mantle uses the Ethereum Virtual Machine, so apps are easy to port over
- Scalability — Mantle uses optimistic rollups to achieve 2,000+ TPS, allowing high speed trading
- Low Fees — Transactions on Mantle cost a fraction of a penny, ideal for trading
- Modular Architecture— Customizable components allow MantleSwap to optimize for its needs
- Security — Mantle inherits security from Ethereum, ideal for holding user funds
By building on Mantle, MantleSwap doesn’t have to reinvent the wheel and can focus on the DEX experience while benefiting from the base layer.
Key MantleSwap Products
Token Swap
As an automated market-maker (AMM), MantleSwap allows decentralized exchanges of various coin pairs at the lowest fees possible!
Users can trade coins in the Mantle network in a non-custodial manner without going through any centralized intermediary and paying excessive fees. With MantleSwap, the trading fees will be distributed to liquidity providers. This ensures liquidity providers are incentivized to provide the depth of liquidity needed to give you the best prices across the board.
StableSwap
StableSwap on MantleSwap is a feature to trade stable pairs with a lower slippage based on an invariant curve slippage function. It is designed to swap specific assets that are priced closely — such as USD stablecoins (e.g. DAI, USDC and USDT)
When you conduct a Swap (trade) on the StableSwap you will pay lower trading fees, than the usual 0.25% on normal MantleSwap AMM.
Yield Farming
Yield farming is a method of earning rewards or interest by depositing your cryptocurrency into a pool with other MantleSwap users.
MantleSwap farms are designed to incentivize users to provide liquidity for their favorite token pairs. Users who create and stake their liquidity provider (LP) tokens in farms on MantleSwap will earn trading fees and $MANT utility tokens as Rewards.
Staking Pools
Staking Pools are the simplest way to earn free tokens on MantleSwap. Stake MANT, earn free tokens. It’s that easy.
Some special pools let you stake other tokens besides MANT, too! More details will be added before the Product launch. Stay Tuned.
The Road Ahead
The roadmap includes:
- Onboarding more assets and trading pairs
- Launching lending and liquidity mining
- Integrating bridges to major chains like Ethereum
- Expanding to multi-chain assets
- Creating mobile/browser extensions and SDKs
- Growing the community with incentives and programs
With its combination of speed, low fees, and great UX on the Mantle Network, MantleSwap is positioning itself as the premiere AMM DEX in the ecosystem.
Conclusion
MantleSwap represents the next evolution of DEXs — fast, cheap, easy to use, and deeply liquid. Built on Mantle Network, it’s poised to become a top choice as DeFi expands across chains.
Visit https://www.mantleswap.org/ to start using this innovative DEX and be part of the future of decentralized trading.
