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About SwapBased
SwapBased is an automated liquidity protocol implemented in a system of non-upgradeable smart contracts on the Base blockchain. More…
Currencies/Pairs
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Active SwapBased Markets
| Name | Pair | Last Price | Chg24 | High (24H) | Low (24H) | Spread | Volume (24H) | Volume (%) |
|---|---|---|---|---|---|---|---|---|
| axlUSDC/WETH | WETH 0.0005245 $ 0.9998 | +0.61% $ 0.00…318 | N/A | N/A | N/A | $ 5.36 axlUSDC 5.36 | 100% |
SwapBased Markets Excluded from Price Index Calculation
| Name | Pair | Last Price | Chg24 | High (24H) | Low (24H) | Spread | Volume (24H) | Volume (%) |
|---|---|---|---|---|---|---|---|---|
| wstETH/WETH |  $ 2,365 | -0.62% -$ 0.007742 | N/A | N/A | N/A | $ 3.55K wstETH 1.50 | 97.1% | |
| WETH/USDbC | $ 1,916 | -0.55% -$ 10.55 | N/A | N/A | N/A | $ 105.62 WETH 0.0551 | 2.89% |
About SwapBased
SwapBased is an automated liquidity protocol implemented in a system of non-upgradeable smart contracts on the Base blockchain.
The system in place obviates the need for trusted intermediaries, prioritizing decentralization, censorship resistance, and security.
Each SwapBased smart contract, or pair, manages a liquidity pool made up of reserves of two ERC-20 tokens.
Anyone can become a liquidity provider (LP) for a pool by depositing an equivalent value of each underlying token in return for pool tokens. These tokens track pro-rata LP shares of the total reserves, and can be redeemed for the underlying assets at any time.
The system in place obviates the need for trusted intermediaries, prioritizing decentralization, censorship resistance, and security.
Each SwapBased smart contract, or pair, manages a liquidity pool made up of reserves of two ERC-20 tokens.
Anyone can become a liquidity provider (LP) for a pool by depositing an equivalent value of each underlying token in return for pool tokens. These tokens track pro-rata LP shares of the total reserves, and can be redeemed for the underlying assets at any time.