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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