TerraSwap TerraSwap

DEX on the Terra blockchain is the first of its kind. The TerraSwap project is based on Uniswap, which allows users to exchange assets directly on-chain via automatic, decentralized markets. CW20 tokens (user-defined tokens) can be paired with Terra assets (Luna, UST, KRT, etc.).
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TerraSwap will compete against Terra’s native on-chain atomic swap by launching with the Terra stablecoins against Luna. By utilizing these starting pairs, on-chain liquidity will be further diversified, enabling a more robust method of arbitrage without affecting the supply of Terra and Luna, thereby enhancing stability.

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