Introduction
Trade, earn, and build on the advanced DEX powered by the Fuel network. Utilizing the Sway language and UTXO model, oxiswap delivers an ultimate decentralized trading experience
Lightning-Fast Decentralized Exchange Built On The Fuel Network
Oxiswap is an innovative DeFi project built on the Fuel Network, featuring two advanced trading algorithms—StableSwap and CryptoSwap—that together create a highly efficient and versatile trading platform. This dual-algorithm structure not only enhances trading efficiency but also reduces trading costs for users, making Oxiswap a multifunctional and high-performance trading hub.
StableSwap
StableSwap is tailored for stable assets and similarly valued assets, deviating from the traditional AMM model by using an improved low-curvature function. This allows users to exchange assets with minimal slippage, greatly enhancing capital efficiency and trading speed, and maintaining stable exchange rates even under high trading volumes.
High Capital Efficiency: Reduces unnecessary slippage, enhancing the use of funds.
Optimized Stability: Specifically designed for low-volatility assets, maintaining transaction stability and predictability even amid market fluctuations.
CryptoSwap
The CryptoSwap trading algorithm introduces a new method for creating liquidity for assets that are not necessarily pegged to one another. The core of this algorithm lies in its ability to concentrate liquidity around a price point determined by an internal oracle, adjusting this price to balance potential losses and system profits.
Transformed Pegged Invariants: Utilizes specially designed invariants optimized for efficient execution on the FuelVM.
Profit and Loss Quantification Method: Provides a systematic method for calculating trading profits and losses.
Dynamic Fee Structure: Adjusts fees based on changes in market conditions, aiming to optimize returns for liquidity providers.
Why Fuel Network
The architectural advantages of the Fuel Network provide a solid foundation for Oxiswap, enabling these sophisticated algorithms to perform efficiently in practice:
High Throughput: Supports thousands of transactions per second, reducing transaction latency.
Low Cost: Extremely low transaction fees make frequent and small trades economically viable.
Enhanced Security: The UTXO model increases transaction transparency and security, especially beneficial in handling large volumes of transactions.
Scalability: Accommodates flexible expansion of the network and protocols to meet future growth and technological developments.
Sway Language: Specifically designed for blockchain development, Sway enhances development efficiency and contract security.
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