KyberSwap October 2023 Product Updates
Welcome to KyberSwap’s October 2023 Product Update!
We are excited to share the latest platform updates and improvements that will further enhance your trading experience. Our team has been working hard to bring you new features and improvements that we believe will make KyberSwap an even better choice for all your decentralized needs.
In this blog post, we will dive into the details of our latest product updates. We hope you find these updates as exciting as we do and that they will enable you to make the most out of your trading experience on KyberSwap.
Thank you for your continued support, and let’s jump in!
1. A Fully Gasless Limit Order Experience
For the first time in DeFi, users can now create, modify, and cancel limit orders without incurring gas fees on 7 chains! Makers can freely manage their off-chain limit orders while leveraging on the security and depth of KyberSwap’s on-chain Taker network. More details on this concept can be found on our Docs.
Makers can take advantage of this feature via our newly improved KyberSwap UI. KyberSwap also exposes a comprehensive set of Limit Order APIs that enables both Makers and Takers to interact programmatically with KyberSwap Limit Order. Please visit our Docs for the relevant User Guides and Dev Guides.
2. KyberSwap Expands To Scroll
Founded on the principles of openness, community-driven, and credible neutrality, Scroll is a zk-rollup L2 that prioritizes EVM compatibility.
As part of the pioneering batch of dApps, KyberSwap is excited to build on this vision by facilitating swaps via our Aggregator as well as liquidity protocols (Classic and Elastic).
Swap and earn at superior rates on Scroll’s premier DEX!
3. An Even Smarter KyberAI Experience
Identify Reversals With KyberScore Delta
KyberAI users are now able to view token rankings based on the KyberScore Delta. Spot potential trend reversals by identifying tokens with the largest change in KyberScores between two consecutive time periods.
Long Or Short: It’s All Relative
KyberAI has introduced a new rankings page for tokens with the highest or lowest funding rates. Compare and contrast CEX funding rates across multiple tokens in a single view. Please visit our Docs for more details regarding funding rates.
Access KyberAI With Your Email
KyberAI has expanded our sign-in options enabling users to access KyberAI with just their email address. Get trading insights across devices without worrying about your private keys!
Note that KyberAI accounts created with just your email are kept separate from wallet sign-in accounts.
Search For Tokens Your Way
Building on one of the most highly requested features, KyberAI users can finally filter & sort through over 4,000+ tokens. Find your perfect opportunity quicker by filtering tokens by chains, market cap, number of holders, or a whole list of other pre-defined categories.
Personalize Your Token Watchlists
KyberAI users can now personalize multiple watchlists to conveniently keep track of their favourite token categories. Name up to 5 different watchlists and easily add tokens based on your own classifications. Walkthroughs can be found on our Docs.
Get Watchlist Notifications
In addition to customized watchlists, KyberAI also enables users to receive notifications for tokens on their watchlists. Notifications can be delivered via the KyberSwap UI or directly to a configured inbox. Please visit our Notification Center overview for more details.
4. Keep Track Of Your Favourite Chains
While KyberSwap is now available on 15 chains, we understand that users have a shortlist of their most used-chains (unless you’re a bona fide degen, in which case hats off to you).
Users of the KyberSwap Interface will no longer have to constantly search for their preferred chains as they can now drag and drop chains to their own personalized favourite chains list directly from the KyberSwap chain selector!
5. KyberSwap Now Available Via iFrame
For integrators that require swap functionality (swaps, limit order, cross-chain) to be embedded directly into their website of dApp, KyberSwap can now be integrated via iFrames! To ensure greater security when using iFrames, KyberSwap requires partners to be whitelisted.
Please contact our Head of BD, [email protected], if you would like to get your domain whitelisted. Upon whitelisting, you will then be provided with the base domain for iFrame integration.
More information can be found on our Docs.
6. Customize KyberSwap Widget Titles
Following community requests, KyberSwap Widget integrators are now able to customize widget titles! Titles can be set with ReactNode.
Please visit out Docs for for the full guide on KyberSwap Widget customizations.
7. Elastic SDK Developer Guides & Demos
Effortlessly and safely interact with our Elastic smart contracts in a TypeScript environment via the KyberSwap Elastic SDK! Follow along with our Developer Guides and seamlessly integrate Elastic trading and liquidity management operations into your dApp!
Explainers, code samples, and technical references can be found on our Elastic SDK Docs.
8. More liquidity sources with newly integrated DEXs
As an aggregator, KyberSwap is constantly working together with the wider DEX community to create synergies and expand the DeFi liquidity network. Through sourcing and connecting various liquidity sources, KyberSwap ensures that users will always get the best rates while trades are always routed to the most efficient DEXs.
During the month of October 2023, we are happy to welcome the following DEXs into our Aggregator ecosystem:
BALDEX is designed to make DeFi easy and rewarding not just for users but also for the entire Base ecosystem. The Baldex platform combines the benefits of a special type of digital exchange with opportunities to earn rewards.
Decentralized Perpetual Trading Platform Launching on BASE Network. Not your typical GMX-fork: single-staking and escrowed-tokens have been removed entirely. BMX liquidity providers earn up to 90% of protocol revenue and other incentives when utilizing GLP-equivalent liquidity to co-support native protocol-token liquidity.
The “Quacktastic” Lazy-Ass Duck on the Blockchain! Dackie is a lazy 🦆 with eyes that say “I couldn’t care less” and a smirk that says “I’m too cool for school”. Base chain powers this awesome meme digital art that will change your view of laziness.
Equalizer was derived from the initial concept of Andre Cronje. The mechanism that was used to create a perpetual decentralized exchange was unique and ingenious. The launch of this platform is to take the concept and apply it to a more natural style DEX. Equalizer will become the trading mechanism for the Fantom network, utilizing the Solidly perpetual model with some tweaks to fee structures and emissions.
eZKalibur is the most efficient ecosystem-focused and community-driven DEX and Launchpad built on zkSync, our goal is to build the foundation that allows other protocols to bootstrap their liquidity on the chain.
iZUMi Finance is a multi-chain DeFi protocol providing One-Stop Liquidity as a Service (LaaS). Its philosophy is that every token deserves better on-chain liquidity in an efficient and lasting way. As our name “iZUMi” in Japanese signifies, our ultimate goal is to help every partner and token to enjoy on-chain liquidity like spring water, continuous and long-lasting for centuries.
MoonBase is one of the first decentralized exchanges (DEX) running with automated market-maker (AMM) algorithm on Base. Instantly swap crypto tokens, no registration or account needed. DEX is running on Base L2 allowing for low transaction fees and we offer standard 0.3% swap fees. Create LP tokens on MoonBase DEX and stake them to earn MOON rewards + trading fees. MOON revenue sharing coming soon…
The POL upgrade also paves the way for the next series of milestones in the Polygon 2.0 roadmap. POL, a next-generation hyperproductive token, will power a vast ecosystem of zero knowledge-based Layer 2 chains via a native re-staking protocol that allows POL holders to validate multiple chains and perform multiple roles on each of those chains (sequencing, ZK proof generation, participation in data availability committees, etc.).
PunkSwap is the leading DEX (decentralised exchange) on zkScroll. You can earn PUNK tokens by staking your crypto, NFTs or by providing liquidity. Maximize your crypto earnings with PunkSwap.
Scroll_Swap committed to delivering a secure, user-friendly, and rewarding platform that caters to both crypto veterans.
SkyDrome Finance is a next-generation AMM designed to serve as Scroll’s central liquidity hub, combining a powerful liquidity incentive engine, vote-lock governance model, and friendly user experience. SkyDrome inherits the latest features from Velodrome. SkyDrome NFTs vote to distribute token emissions and receive incentives and fees generated by the protocol.
veSync is a community-driven, ve(3,3) Decentralized Exchange (DEX) built on the zkSync network, providing a powerful and efficient platform for DeFi liquidity.As a fork of Velodrome Finance, veSync shares similarities in design and function while leveraging the strengths of the zkSync Layer 2 scaling solution.
vooi is a capital-efficient fully-fledged AMM liquidity pool. The pool contains several asset types of the same face value and its design has the following distinguishing features:No restrictions on specific token pairs; Single-side token provisioning; Low slippage; Capital efficiency.
As a fork of Velodrome Finance, veSync shares similarities in design and function while leveraging the strengths of the zkSync Layer 2 scaling solution.
Wombat is a next generation stable swap exchange that introduces elegant design principles such as invariant curve and asset liability management for computational efficiency and improving liquidity. Furthermore, leveraging Wormhole’s generic message passing protocol, Wombat offers seamless native swaps across multiple chains.
WOOFi is a unique decentralized exchange that bridges the deep liquidity of centralized exchanges on chain. This enables DeFi traders to swap with size and maximize their profits through the lowest swap fee and minimal slippage. In addition to this, WOOFi has four other core components: Cross-chain swaps; Revenue sharing; Supercharged yields; Perp trading.
zkSwap Finance is the top DEX and the first Swap to Earn DeFi Platform on zkSync Era ecosystem, pioneering a unique incentive model that rewards both liquidity providers and traders.
Zyberswap is one of the first decentralized exchanges (DEX) with an automated market-maker (AMM) on Arbitrum and Optimism. Compared to its competitors, Zyberswap allows the swapping of crypto assets with the lowest fees! Rewards from Staking and Yield Farming are among the most lucrative in the entire ecosystem. Additionally, Zyberswap aims to fully involve its users in decision-making. All major changes are decided via Governance Voting!
The 18 DEXs above join more than 130+ other DEXs that are building on top of the KyberSwap Aggregator ecosystem. You can view the full list of supported exchanges on our Docs.
This wraps up our KyberSwap October 2023 Product Update!
Check out our Product Roadmap for a peek at new and exciting features which the KyberSwap team is busy building. You can even create a new product feature request if you have a great idea which you’d like to see on KyberSwap!
KyberSwap continues to grow with the support of our community and we are eager to get our new and improved features into the hands of users as soon as possible. The KyberSwap team strongly believes that our product will continue to drive more value for our users as they navigate the complex world of DeFi.
Trade smart with KyberSwap.
