After many months of hard work, we’re excited to finally announce to the world the project we’ve been working on behind the scenes. CrocSwap is a new DEX protocol developed from the ground up, and the first truly open source concentrated liquidity AMM. A few select features of CrocSwap that we think you might be interested in:
- The entire DEX runs in a single smart contract, seamlessly managing collateral in a single location. No more unnecessary shuffling of tokens between pools.
- Substantially lower gas costs from previous AMMs. Millions to be saved on painful gas fees.
- Combines concentrated and ambient liquidity in the same pool on every pool. No more struggling with V3 complexity. If you want classic V2 you get classic V2. And that includes auto-compounding (even on concentrated liquidity).
- Multi-chain commitment from day one. On many chains, CrocSwap will be the first concentrated liquidity ever available.
We’re excited to finally be building in public and our committed to getting CrocSwap into your hands as fast as we can safu. The alpha version of the smart contract code is already written and under audit. It will be publicly released very soon. The protocol is coming to testnet along with docs, and the SDK for on-chain users. Our engineers are hard at work putting the finishing touches on a user-friendly web frontend.
But more important we want to hear from you. CrocSwap is and always will be a community first project. We’re building in public because we want to hear your feedback, to have you involved in the evolution of the protocol, and to help make CrocSwap the best DEX in DeFi. Our Discord is open. Follow our official Twitter. Galaxy brains are invited to read and comment on the CrocSwap white paper.
Over the next few weeks we’ll be releasing a lot more material and resources about CrocSwap. Stay tuned.
