HeliSwap

MANTRA and LIMECHAIN are thrilled to introduce you to HeliSwap, a new state-of-the-art DEX, with an impressive suite of sophisticated DeFi features, that we believe will be a real boon for the DeFi ecosystem on Hedera Hashgraph. HeliSwap v1 is currently in its final stages of development and will soon be available to users of the Hedera network. 

For starters, HeliSwap is the first exchange on Hedera Hashgraph to support both HTS and ERC20 (Ethereum’s fungible token standard) tokens. This means that, in addition to HTS-HTS token swaps, HBAR-HTS, HBAR-ERC20, ERC20-ERC20 and HTS-ERC20 token swaps are also supported on the platform.

This is all possible thanks to Hedera Hashgraph’s support of EVM-compatible networks and the wrapped HBAR token (wHBAR), which is an ERC-20 representation of the HBAR token. You can learn more about the wHBAR token at whbar.io.Users will also be able to create liquidity pools or add tokens to existing ones, contributing to the variety of trading pairs supported on the HeliSwap DEX, as well as earn protocol fees through their token supply.

On HeliSwap, users will have a variety of trading options that can rival many of the DEXes that run on other Web3 networks like Ethereum and Binance Smart Chain. However, the fact that HeliSwap runs on Hedera gives traders even more reasons to consider choosing the DEX as their primary crypto trading platform.