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CWAP SWAP In Short
Cost-efficient & secure
Swaps are 50-95% cheaper, backed 200% with collateral that is released to a user if funds are not receieved.
Permissionless listings
Similar to Uniswap, CWAP enables anyone to list a token. CWAP can also offer promoted launches.
Blockchain Connectivity
Supporting incompatible chains like Bitcoin, Ethereum, MultiversX, Kujira and more.
No custom off-chain infrastructure
Transactions are validated via collateralized reactive smart contracts, without additional nodes.
WHY ARE WE DOING IT
CEXs dominate with 90% of the total trading volume. BTC accounts for 38% of all spot trading volume. Stablecoins dominate trading pairs on CEXs, with USDT leading at 60% of volumes. DEXs lack options for BTC <> USDT swaps.
Our mission is to unlock the true potential of DEXs by offering more popular trading pairs, including BTC, making DEXs more competitive and accessible to a broader range of traders.
HOW DOES IT WORK
Participant
(Retail / MM)
User
(Retail / Institutions)
dApp
Collateral
Chain Transaction Sentinel (CTs)
(Reactive SC)
Chain Transaction Sentinel (CTs)
(Reactive SC)
Transaction Y
(Blockchain B)
Transaction X
(Blockchain A)
Observed Event
Observed Event
Acts on Blockchain
Acts on Blockchain
Observation
Observation
Collateral Released
If Needed
Penalty Adjudicator (PA)
(Smart Contract)
Swap
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