AirSwap Price

What is AirSwap?

AirSwap is a decentralized exchange (DEX) that enables peer-to-peer trading of Ethereum tokens. It was founded in 2017 by Michael Oved and Don Mosites, two former traders at Virtu Financial. The platform uses a unique system of smart contracts to facilitate trades without the need for an order book or central authority. Instead, users are able to find counterparties through an automated process known as “signaling”. This allows traders to securely connect with one another and negotiate terms without ever having to reveal their identity or wallet address.

The AirSwap platform also features a range of tools designed to make trading easier and more secure. These include the Swap Protocol, which provides a standard way for wallets and other applications to interact with the DEX; the Indexer, which enables users to search for tokens available on the platform; and the Oracle, which helps ensure that prices remain up-to-date.

In addition, AirSwap has developed its own token – AST – which can be used as a form of payment within the platform. Holders of AST receive access to exclusive features such as discounted fees and priority access when searching for counterparties.

Overall, AirSwap offers an innovative solution for those looking to trade Ethereum tokens in a secure and trustless environment. By removing intermediaries from the equation, it provides users with greater control over their funds while ensuring that trades are conducted fairly.