GammaSwap
GammaSwap is a blockchain-based platform offering onchain perpetual options trading and a feeless decentralized exchange, DeltaSwap, for spot token trading.
Services
GammaSwap offers onchain perpetual options trading, providing users with permissionless leverage on any token. The platform allows traders to utilize liquidity from Automated Market Makers (AMMs) without relying on oracles. This approach ensures a decentralized and efficient trading experience. Additionally, GammaSwap launched DeltaSwap, a feeless decentralized exchange (DEX) for spot token trading, which operates with no swap fees, instead letting liquidity providers earn fees from borrowers.
Products
GammaSwap has developed DeltaSwap, a decentralized exchange for spot token trading that stands out by charging no swap fees. Instead, liquidity providers earn fees from the borrowers who leverage their assets. This product aligns with GammaSwap’s goal of providing a seamless and cost-effective trading environment. DeltaSwap is compatible with any Constant Function Market Maker (CFMM) such as Uniswap V2 and SushiSwap V2.
Technology
GammaSwap operates on the Arbitrum Mainnet, ensuring high throughput and low transaction costs. Their protocol is oracle-free and utilizes liquidity from AMMs for trading, which enhances the decentralized nature of the platform. Additionally, the GammaSwap decentralized application (dApp) is live on both the Arbitrum and Base platforms, broadening its accessibility.
Funding
GammaSwap successfully closed a $1.7 million seed funding round, which has provided the necessary capital to accelerate its growth and development. This funding round has enabled GammaSwap to further its objective of enhancing decentralized trading options and expanding its technology framework.
Platform Compatibility
GammaSwap’s products are compatible with any Constant Function Market Maker (CFMM) such as Uniswap V2 and SushiSwap V2. This compatibility ensures that their users have versatile and flexible options when interacting with decentralized finance protocols, thereby enhancing the overall user experience.