by QuickSwap
Quick Fact
Launched in 2020 as a Uniswap fork on Polygon, QuickSwap has expanded to support multiple Layer 2 networks, including Polygon zkEVM, Dogechain, Manta Network, Immutable zkEVM, Astar zkEVM, and X Layer.
QuickSwap is a leading decentralized exchange (DEX) that delivers fast, low-cost token swaps by operating primarily on Layer 2 networks. Originally launched on Polygon, QuickSwap was created as a fork of Uniswap to bring scalable and affordable decentralized finance (DeFi) to users who were constrained by high fees and slow transaction speeds on Ethereum.
By leveraging the efficiency of Layer 2 infrastructure, QuickSwap significantly reduces transaction costs while maintaining security and decentralization. It enables users to swap ERC-20 tokens, provide liquidity, and participate in yield farming and staking, all with minimal fees and fast settlement times. This makes it an ideal platform for both retail traders and DeFi power users.
While QuickSwap began on Polygon PoS, it has since evolved into a multi-chain DEX supporting a range of Ethereum-compatible Layer 2 networks and sidechains. These include:
Polygon zkEVM
Dogechain
Manta Network
Immutable zkEVM
Astar zkEVM
X Layer
This cross-chain expansion ensures that users have more options for trading and liquidity provision, regardless of which network they prefer to use.
QuickSwap offers a robust set of DeFi features, including:
Token Swapping: Fast, permissionless token swaps with deep liquidity.
Liquidity Pools: Users can earn fees and rewards by providing liquidity to supported pools.
Yield Farming: Opportunities to earn additional rewards on staked assets.
Staking and Governance: Through the $QUICK token, users can stake, earn incentives, and participate in protocol governance.
As a decentralized protocol, QuickSwap is governed by its community of $QUICK token holders. Major decisions, including product upgrades and ecosystem expansions, are subject to community voting. This governance model helps ensure transparency, fairness, and responsiveness to user needs.