InterSwapThe Past, Present, and the Future
Dear InterSwap Community, I want to take a moment to share updates on where we stand as a project, the challenges we are facing, and the way forward.The Past: Inception till 2025Late 2021 to 2022: Early DaysThis era was dedicated to problem identification, product concept & architecture design, and finding & evaluating best-fit solution approachesThe 1st major breakthrough happened with the LayerZero messaging solutionLaunched Beta version among closed circles to capture the feedback – but la...
InterSwapInterRelate 1: Seamless Swaps
The logic behind InterSwap is fairly simple; create a solution better than every other one on the market. And to a large extent, we've managed to do just that. Before InterSwap, bridging was an extremely risky adventure. People who wanted to move their assets from one chain to another had to take extreme precautions to ensure they didn't get hacked by nefarious actors.** ** They didn't just have to take extreme precautions, they also had to go through a series of tedious steps....
InterSwapInterSwap is Integrating with LayerZero
We are thrilled to announce that InterSwap is integrating the LayerZero network to facilitate seamless swaps across chains. This is our first step towards creating a truly decentralized AMM with unified liquidity. InterSwap is an omnichain automated market maker (AMM) that allows users to swap assets across chains in a trustless way. AMMs are arguably one of DeFi's greatest innovations. They're the underlying technology that facilitates token swaps and other forms of trade on decent...
AI first omnichain liquidity unification layer built natively on Axelar
InterSwapThe Past, Present, and the Future
Dear InterSwap Community, I want to take a moment to share updates on where we stand as a project, the challenges we are facing, and the way forward.The Past: Inception till 2025Late 2021 to 2022: Early DaysThis era was dedicated to problem identification, product concept & architecture design, and finding & evaluating best-fit solution approachesThe 1st major breakthrough happened with the LayerZero messaging solutionLaunched Beta version among closed circles to capture the feedback – but la...
InterSwapInterRelate 1: Seamless Swaps
The logic behind InterSwap is fairly simple; create a solution better than every other one on the market. And to a large extent, we've managed to do just that. Before InterSwap, bridging was an extremely risky adventure. People who wanted to move their assets from one chain to another had to take extreme precautions to ensure they didn't get hacked by nefarious actors.** ** They didn't just have to take extreme precautions, they also had to go through a series of tedious steps....
InterSwapInterSwap is Integrating with LayerZero
We are thrilled to announce that InterSwap is integrating the LayerZero network to facilitate seamless swaps across chains. This is our first step towards creating a truly decentralized AMM with unified liquidity. InterSwap is an omnichain automated market maker (AMM) that allows users to swap assets across chains in a trustless way. AMMs are arguably one of DeFi's greatest innovations. They're the underlying technology that facilitates token swaps and other forms of trade on decent...
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AI first omnichain liquidity unification layer built natively on Axelar
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InterSwap is thrilled to announce the launch of InterSwap Unfold(Phase 2), the Invite-only incentivized testnet for cross-chain enthusiasts.
InterSwap Unfold is another important step towards the upcoming mainnet launch.
As usual! A run-down of InterSwap
InterSwap is the first fully composable liquidity unification layer (Omnichain AMM) on Axelar
It aims to unify the liquidity spread across chains & dapps, eliminate associated risks, boost capital utilization & efficiency, and provide a seamless user experience
Its a fresh approach to the legacy issues in cross-chain ecosystem filled with sub optimal existing solutions viz. bridges, CEXes, aggregator, and other solutions that comes with their own limitations and risks
Standout features:
Unified liquidity for deeper liquidity and better rates
Direct native swaps for both 1:1 and non 1:1 assets
Single asset and permissionless liquidity provision for better capital utilization
Fiat liquidity provision and Cross Chain Smart Routing (CCSR) for additional liquidity injection
Introduction
With the successful completion of the Genesis Testnet, InterSwap is now gearing up for an even more ambitious Phase2: Unfold. Launch of Unfold is not just a milestone for the InterSwap team but a beacon of progression for the entire interoperability ecosystem.
Reflecting on the Success of Phase 1
The first testnet phase of InterSwap was incredible, we appreciate everyone who gave it a try! For us It was a period of rigorous testing, valuable user feedback, and significant enhancements. The feedback from the community was instrumental in identifying areas for improvement, leading to notable enhancements in InterSwap's overall performance and user experience.
Highlights of Genesis Phase
Introduction of New Chains in Phase 2
One of the most exciting developments in Phase 2 is the introduction of new chains. This expansion means more diversity in trading pairs, increased liquidity, and broader access to liquidity across different chains. New chains were selected based on their security, scalability, and most important user base. This addition not only enhances InterSwap's accessibility but also aligns with InterSwap's mission to bridge the gap between various blockchain ecosystems.
Whitelist Access for Axelar Top Users
Any user who has:
used Axelar directly or via the any of their ecosystem daApps between 27/10/23 3.00 PM and 26/01/24 2.00 AM UTC
across Arbitrum, Ethereum, Avalanche, Polygon PoS, Polygon zkEVM, Optimism, BNB Chain, Linea, Scroll, and Mantle in Mainnet and
have conducted 2 or more transactions
qualifies!
For more information on Axelar ecosystem eligible dApps, visit https://axelar.network/ecosystem and follow https://twitter.com/Axl_Ecosystem
InterSwap Unfold: Essentials
Unfold version is an Incentivized Invite only testnet version for a wide range of users compared to Genesis testnet.
InterSwap Unfold Pass can be collected here:
Join InterSwap Unfold Pass by InterSwap on Galxe. Collect NFT and OAT badges to enhance your web3 presence and reputation.
Unfold users will be able to test following features:
Supported chains: Ethereum, Arbitrum, BNB chain, Optimism, Polygon, Base, Linea, Scroll, Mantle, zkEVM, Avalanche
Features:
Users will be able to
Swap across assets and supported chains based on liquidity available
Single sided (asset) liquidity addition/removal
Permissionless pool creation of any assets across available chains
Dashboard feature
Send assets to different destination wallet addresses
For a detailed walkthrough, refer to the the user guide:
Note: The current version is in testnet and there might be some bugs. So, please feel free to bring those to attention and do share any feedback that might help us to offer a better product suite and user experience
Conclusion
Unfold launch marks a significant step forward for InterSwap, Axelar and the broader blockchain community. As InterSwap continues to evolve, it invites the community to join in this journey, to test, provide feedback, and help shape the future of cross-chain swaps. This phase is more than just a test; it's a glimpse into the future of decentralized finance, where inclusivity, efficiency, and security are paramount.
About Interswap
InterSwap is an omnichain AMM with unified liquidity built on top of Axelar. InterSwap offers unified transactions across the chains permissionless cross-chain pool creation with a few clicks.
InterSwap is thrilled to announce the launch of InterSwap Unfold(Phase 2), the Invite-only incentivized testnet for cross-chain enthusiasts.
InterSwap Unfold is another important step towards the upcoming mainnet launch.
As usual! A run-down of InterSwap
InterSwap is the first fully composable liquidity unification layer (Omnichain AMM) on Axelar
It aims to unify the liquidity spread across chains & dapps, eliminate associated risks, boost capital utilization & efficiency, and provide a seamless user experience
Its a fresh approach to the legacy issues in cross-chain ecosystem filled with sub optimal existing solutions viz. bridges, CEXes, aggregator, and other solutions that comes with their own limitations and risks
Standout features:
Unified liquidity for deeper liquidity and better rates
Direct native swaps for both 1:1 and non 1:1 assets
Single asset and permissionless liquidity provision for better capital utilization
Fiat liquidity provision and Cross Chain Smart Routing (CCSR) for additional liquidity injection
Introduction
With the successful completion of the Genesis Testnet, InterSwap is now gearing up for an even more ambitious Phase2: Unfold. Launch of Unfold is not just a milestone for the InterSwap team but a beacon of progression for the entire interoperability ecosystem.
Reflecting on the Success of Phase 1
The first testnet phase of InterSwap was incredible, we appreciate everyone who gave it a try! For us It was a period of rigorous testing, valuable user feedback, and significant enhancements. The feedback from the community was instrumental in identifying areas for improvement, leading to notable enhancements in InterSwap's overall performance and user experience.
Highlights of Genesis Phase
Introduction of New Chains in Phase 2
One of the most exciting developments in Phase 2 is the introduction of new chains. This expansion means more diversity in trading pairs, increased liquidity, and broader access to liquidity across different chains. New chains were selected based on their security, scalability, and most important user base. This addition not only enhances InterSwap's accessibility but also aligns with InterSwap's mission to bridge the gap between various blockchain ecosystems.
Whitelist Access for Axelar Top Users
Any user who has:
used Axelar directly or via the any of their ecosystem daApps between 27/10/23 3.00 PM and 26/01/24 2.00 AM UTC
across Arbitrum, Ethereum, Avalanche, Polygon PoS, Polygon zkEVM, Optimism, BNB Chain, Linea, Scroll, and Mantle in Mainnet and
have conducted 2 or more transactions
qualifies!
For more information on Axelar ecosystem eligible dApps, visit https://axelar.network/ecosystem and follow https://twitter.com/Axl_Ecosystem
InterSwap Unfold: Essentials
Unfold version is an Incentivized Invite only testnet version for a wide range of users compared to Genesis testnet.
InterSwap Unfold Pass can be collected here:
Join InterSwap Unfold Pass by InterSwap on Galxe. Collect NFT and OAT badges to enhance your web3 presence and reputation.
Unfold users will be able to test following features:
Supported chains: Ethereum, Arbitrum, BNB chain, Optimism, Polygon, Base, Linea, Scroll, Mantle, zkEVM, Avalanche
Features:
Users will be able to
Swap across assets and supported chains based on liquidity available
Single sided (asset) liquidity addition/removal
Permissionless pool creation of any assets across available chains
Dashboard feature
Send assets to different destination wallet addresses
For a detailed walkthrough, refer to the the user guide:
Note: The current version is in testnet and there might be some bugs. So, please feel free to bring those to attention and do share any feedback that might help us to offer a better product suite and user experience
Conclusion
Unfold launch marks a significant step forward for InterSwap, Axelar and the broader blockchain community. As InterSwap continues to evolve, it invites the community to join in this journey, to test, provide feedback, and help shape the future of cross-chain swaps. This phase is more than just a test; it's a glimpse into the future of decentralized finance, where inclusivity, efficiency, and security are paramount.
About Interswap
InterSwap is an omnichain AMM with unified liquidity built on top of Axelar. InterSwap offers unified transactions across the chains permissionless cross-chain pool creation with a few clicks.
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