# Paraswap  Dex Overview

By [Web3 World ](https://paragraph.com/@web3-world-2) · 2023-01-10

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Paraswap dex, MULTICHAIN

Paraswap is a decentralized exchange (DEX) that enables users to swap cryptocurrencies and ERC20 tokens directly from their Web3 wallets. It is a non-custodial platform powered by Ethereum, Uniswap, and 0x, which means users always maintain full control of their funds. The platform supports a wide variety of tokens, and it can be used to access liquidity pools, providing users with access to efficient, secure, and low-cost token swaps.

The platform allows users to make trades with a simple interface, and it supports automated market maker (AMM) models, which allow users to trade tokens without order books. This makes it easier for users to quickly access liquidity, and it also eliminates the need for large slippage fees. The platform also includes a variety of liquidity options, including both centralized and decentralized options, allowing users to access the liquidity they need quickly and easily.

Paraswap also supports MultiChain, a blockchain-based protocol designed to enable interoperability between multiple blockchains. This allows users to access liquidity between different chains, and it also enables them to create and deploy decentralized applications (dApps) across multiple chains. This provides users with greater access to liquidity and allows them to build more complex applications.

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*Originally published on [Web3 World ](https://paragraph.com/@web3-world-2/paraswap-dex-overview)*