Netswap NETTPrice $ 0.0422

Netswap is a decentralized exchange that runs on Metis Andromeda (Layer-2). As the core value exchange place, Netswap uses the same automated market-making (AMM) model as Uniswap. However, unlike Uniswap, Netswap is a native Layer2 DEX, which will utilize the key features of Metis Layer2, including low transaction cost, high transaction speed, and high scalability to support variously bridged and Layer2 native tokens, and more innovations. For every transaction made on Netswap, a 0.3% transaction fee will be charged, in which 0.25% will be rewarded to LPs, and 0.05% will be collected by the platform.

Netswap has a native governance token called NETT that is fully community distributed and is capable of trading all tokens issued on Ethereum and Metis Andromeda.