LiquidSwap (LSD): Aptos' AMM DEX market cap expectations

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远山洞见2024/07/29 11:00

By:远山洞见

I. Project introduction

LiquidSwap is an AMM DEX platform based on Aptos, dedicated to providing users with efficient, secure, and transparent token trading services. By adopting the Automatic Market Maker (AMM) algorithm, LiquidSwap allows users to exchange cryptocurrencies directly without intermediaries, enjoying low fees and a fast trading experience.

LiquidSwap emphasizes security and transparency. All transaction records are publicly available on the blockchain to ensure the safety of user assets. In addition, LiquidSwap provides an intuitive and easy-to-use interface suitable for all types of users, especially DeFi beginners. At the same time, through governance tokens, LiquidSwap empowers community members to make decisions and participate in the development and governance of the platform, truly achieving a community-driven decentralized trading platform.

LiquidSwap (LSD): Aptos' AMM DEX market cap expectations image 0

II. Project highlights

Efficient Trading: LiquidSwap uses an Automated Market Maker (AMM) model to ensure efficient and liquid trading. Users can trade quickly without intermediaries. For example, LiquidSwap's trading speed can reach thousands of transactions per second, ensuring that users can complete trading operations in a timely manner.

Low fees: LiquidSwap is known for its low transaction fees, especially suitable for users who trade frequently. Compared to centralized exchanges, LiquidSwap's transaction fees are only less than half, greatly reducing users' transaction costs.

Security and Transparency: All transaction records are publicly available on the blockchain, ensuring the transparency of transactions and the security of user assets. LiquidSwap also uses multi-signature and smart contract technology to further enhance the security of the platform.

User-friendly: LiquidSwap provides an intuitive and easy-to-use interface, allowing users to complete transactions without complex operations. The platform design is simple, providing detailed user guides and customer support, ensuring that even DeFi beginners can easily get started.

III. Market value expectations

Liquidswap is currently the most popular decentralized exchange (DEX) on the Aptos blockchain, with excellent historical data. The cumulative trading volume has exceeded $1.30 billion, making it one of the most commonly used applications on Aptos. The total locked amount (TVL) of the project has reached up to $60 million, with over 14 million total transactions and up to 1.10 million independent addresses involved. Liquidswap accounts for over 70% of the trading volume in the Aptos ecosystem. The core team members come from well-known technology companies such as Google and Facebook, and have successfully participated in the development of projects such as Crypti, Wings, and Cartesi.

As the Research Chain Society said, the normal upper limit of DEX in their respective public chain ecosystems may be around 3%. Currently, the market value of Aptos is 7.58 billion US dollars, so the upper limit valuation of DEX on Aptos is about 200 million US dollars. Compared with the market value of Dydx 770 million US dollars and UNI 4.50 billion US dollars, Liquidswap, with its huge user and transaction data and team empowerment, may reach a valuation between Dydx and Uni in the future.

The specific valuation may fluctuate due to market sentiment, capital flows, technological innovation, and other factors.

IV. Economic model

Web3 product development studio Pontem tweeted that its DEX Liquidswap will launch token LSD on July 30th. 42 million LSD will be minted at creation and available for use within 3 years. 40% of the tokens will be distributed to the community (15% will be used for airdrops and staking rewards), and snapshots have been completed.

The total supply of tokens is 42,000,000. The initial allocation is as follows:

15% is airdrop + pledge incentive.

16% allocated to the national treasury, unlocked over 36 months.

8% is used for trading platform liquidity.

1% is used for IEO.

13.26% is allocated to the founding team, with a one-year cliff period and an overall ownership period of three years.

25.25% will be allocated to private investors in 2021.

21.49% will be allocated to private investors in 2023.

Unlocking status is as follows:

Private placement round: accounting for 46.74% of the total supply, with a TGE release ratio of 0.00%.

Public offering round: 1.00% of total supply, TGE release ratio is 40.00%.

Liquidity and market making: 8.00% of total supply, with a TGE release ratio of 100.00%.

Airdrops and incentives: 15.00% of the total supply, with a TGE release ratio of 10.00%.

· Team and future contributors: 13.26% of the total supply, with a TGE release ratio of 0.00%.

Treasury: 16.00% of total supply, TGE release ratio is 0.00%.

V. Team and financing

LiquidSwap's official website claims that the project has received support from several well-known institutions such as Aptos Labs, Animoca Brands, and Mechanic Capital.

Its studio Pontem is led by the following core team members:

Boris Povod: Co-founder and Chief Technology Officer (CTO), responsible for technology development and platform architecture design.

Elena Karabanova: Marketing Director, responsible for marketing activities and branding.

Previously, a total of 10.50 million USD financing was completed:

January 2024: Raises $6 million with anchors including Faction, Lightspeed Venture, Pantera Capital, Wintermute, Aptos and Shima Capital.

June 2021: Raised $4.50 million with anchors including Mechanism Capital, Kenetic Capital, Animoca Brands and Morningstar Ventures.

VI. Risk Warning

1. The crypto market is highly volatile, and the value of tokens may be influenced by market sentiment and the external environment.

2. Although the platform has taken multiple security measures, it still needs to guard against possible technical vulnerabilities and hacker attacks.

VII. Official links

Website： https://liquidswap.com

Twitter： https://x.com/PontemNetwork

Telegram ： https://t.me/pontemnetworkchat

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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