Users can trade the PPI/USDT pair on BitMart, the first exchange to list Swappi. The first DEX on eSpace, an environment that supports EVM-compatible smart contracts and enables developers to create and run Ethereum-native dApps and smart contracts inside the Conflux ecosystem, was Swappi. Swappi (PPI) has been listed on BitMart, making it the first Conflux eSpace asset to do so.
Swappi, an AMM-based DEX, enables anyone to start trading immediately by allowing users to trade in a fully decentralized environment without registering or creating an account. Conflux customers can access Swappi's platform for trading, staking, and earning returns on their cryptocurrency assets. Swappi can offer consumers the lowest fees of any leading DEX by deploying on Conflux, a permissionless layer one blockchain with much lower transaction costs than competing chains like Ethereum.
Swappi is getting ready to launch a new launchpad functionality that will let projects execute an Initial Dex Offering (IDO) on Swappi, and this exchange listing coincides with that launch. Projects will be able to run IDOs through the launchpad, have both private and public sales, and specify fixed token prices, token distributions, and sale times for their IDOs. Through private sales, those that stake PPI, the native token of Swappi, will have early access.