Good News from XSwap Protocol (ru)
Hi everyone! I'm excited to share some great news — over the past month, our decentralized exchange, XSwap Protocol, has reached record-breaking trading volumes!
Huge thanks to all the projects and liquidity providers who contributed financially by providing liquidity and trusted our platform. We truly appreciate every contributor — and we express our gratitude not just in words but financially as well: 90% of trading fees go directly to the wallets of liquidity providers.
For those who are new to us: XSwap Protocol runs on the XDC Network and is built as a fork of Uniswap V3. We are one of the key infrastructure players in the XDC ecosystem and actively contribute to its technological development.
Top 5 Pools on XSwap Protocol
The top two pools — DOPU/WXDC and GAMA/WXDC — clearly stand out in terms of volume. Together, these pools generate over $1 million per day. That's impressive! And it shows real opportunities for earning through liquidity provision.
Let’s break it down with some numbers. We'll compare the combined volume and fees of lower-fee pools like XSP and TIVO (with just 0.01% fee) versus the USDC.e/WXDC pool, which offers a higher 0.3% fee.
All_Pools_Volume = $745k + $348k + $119k + $36k = $1.25m
All_Pools_Fee = $1.25m * 0.01 / 100 = $125
USDC_Pool_Volume = $147k
USDC_Pool_Fee = $147k * 0.3 / 100 = $441
$441 > $125
So here’s the twist: despite a lower trading volume, the USDC.e/WXDC pool generated higher fees than all the others combined. These numbers are based on the pool's average daily volume.
Here’s our ATH (All-Time High) in 24h volume — $524k, with fees reaching $1,572:
This volume spike was directly related to the volatility of XDC at the time, as well as strong liquidity presence on our DEX.
And it’s important to note: USDC on XDC didn't appear by accident. Its launch was made possible through a joint effort by the XDC Foundation (XDCF) and the XSwap Protocol team, who developed both the bridge and the USDC token implementation on XDC.
This implementation was designed with future adoption in mind: the smart contracts are structured in a way that would allow the Circle team to take over and convert it into a native USDC token on the network.
We saw the potential from day one — and today’s numbers prove that this vision is becoming a reality. Once native USDC is fully integrated, we expect even more growth in liquidity and trading volume.
July Recap
Wrapping up July, we’re proud to say we reached an all-time high in trading volume — $36.2 million. This growth was largely fueled by the price movement of XDC, combined with increased volatility in the market.
Again, the USDC.e/WXDC pool deserves special attention — it's consistently active, and its 0.3% fee structure makes it an attractive option for liquidity providers.
Our team continues to improve the user experience, expand liquidity, and support new projects across the ecosystem.
We’re already seeing growing demand for stablecoins in the XDC Network. Projects launching through our platform — xdc.sale — are increasingly exploring USDC as a base currency for fundraising instead of relying solely on XDC.
We’re open to everything that supports the growth of our exchange and the XDC ecosystem as a whole.
Thank you for your ideas, feedback, and continued support! 🙌
📣 Stay connected through our official channels:
👉 https://linktr.ee/xspxtt
And here’s my personal Telegram channel where I post quick updates about the project and the network:
👉 P Says (сидя)
Discussion (1)
Great work XSwap team! Keep growing!