Transit Swap is a cross-chain DeFi platform that integrates different DEXs into an all-encompassing experience.
Transit Swap is a DeFi platform that aggregates multiple blockchains. It makes life easy for DeFi users by enabling them to move their assets effortlessly between various networks and DEXs. Powered by smart contracts, it supports users in achieving optimal returns on their investments efficiently and securely.
Table of content
What is Transit Swap?
Transit Swap is a one-stop cross-chain swap platform aggregating different DEXs across different networks. It allows users to make decentralized transactions in real-time and securely across networks.
Its powerful API can provide real-time price quotes for swaps between arbitrary tokens on various networks. Moreover, it leverages Application Binary Interface (ABI) data to interact with smart contracts on those networks.
This provides a new way for users to experience decentralized exchanges, offering better liquidity and generating a better return. Most importantly, it doesn’t require complicated operations; everything happens in one place.
What benefits does Transit Swap offer?
Transit Swap intends to provide DeFi users with the most convenient and efficient trading platform and tools. So let’s explore what it has to offer.
Everything, everywhere, all at once
Transit Swap integrates the most popular DEX on the public chains and employs multiple strategies to intelligently select transaction routes. As a result, it enables users to trade tokens from different Layer-1 and Layer-2 networks on one page while enjoying the best trading depth and liquidity.
In addition, users can designate certain wallet addresses as receiving addresses to meet their specific needs.
Over 30 DEXs for users to choose from
Currently, Transit Swap has integrated with more than ten public chains, such as Ethereum, BNB Chain, Solana, Polygon, Tron, Aptos, Klaytn, Avalanche, and more. In addition, over 30 DEXs, including Uniswap, Curve, 1inch, PancakeSwap, Raydium, DODO, and others, are available for users to choose from to combine the best trading strategies.
Transit Swap’s smart contracts are fully open source and have been audited by SlowMist.
Intuitive interface to support decision-making
The web and mobile versions of Transit Swap support viewing critical trading information such as K-lines, liquidity pools, and more. More importantly, it provides users with comprehensive on-chain trading data to help them make better trading decisions.
Security always comes first
Transit Swap launched a bug bounty in October 2022, providing a reward of up to $1 million for users or developers who discover security vulnerabilities in Transit Swap. At the same time, Transit Swap also introduced the Transit Security Fund, which funnels 10% of Transit Swap’s monthly revenue into a security fund to prevent security breaches effectively.
Transit Swap has more for users to look forward to
Transit Swap will launch the on-chain order book service soon, which means users will not need to keep an eye on the price all the time when they swap on the blockchain. They only need to place a buy or sell order at their ideal price.
Transit Swap also provides users with an NFT aggregated trading market, allowing users to find and buy one or more NFTs they want in the shortest possible time, thus saving both time and gas. At the same time, Transit NFT will also equip users with some necessary NFT data, which enables them to make transaction decisions quickly and accurately.
Find more about Transit Swap
Disclaimer — This is a sponsored article. DappRadar does not endorse any content or product on this page. DappRadar aims to provide accurate information, but readers should always do their own research before taking action. Articles by DappRadar can not be considered as investment advice.
