Ballswapper is a protocol for Swapping ERC-20 tokens on Ethereum Blockchain. It eliminates central parties and unnecessary forms of Expenses, fast transaction , efficient trading. Where it makes tradeoffs decentralization, censorship resistance, and security are prioritized. Ballswapper is open-source software licensed under GPL.

Ballswapper is an automated decentralized liquidity protocol. There is no orderbook, no centralized party and no central facilitator of trade. In practical terms this means there are template smart contracts that define a standard way to make liquidity pools and corresponding markets that are compatible with eachother. Each pool is defined by a smart contract that includes a few functions to enable swapping tokens, adding liquidity and more. At its core each pool uses the function x*y=k to maintain a curve along which trades can happen.