DeFi Saver’s Recipe Creator a DeFi UX GamechangerRead on the DeFi Pulse Blog

Key Stats

Total Value Locked24H
in USD$2.1M+4.0%
in ETH847 ETH-2.4%
in BTC55 BTC-5.8%
ETH Locked543.5 ETH-0.2 ETH
% Supply Locked< 0.01%
Blockchain
Ethereum
Most Locked$ETH
Protocol Token$SNOW

Total Value Locked (USD) in Snowswap

  • TVL (USD)
  • ETH
  • DAI
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart

What is Snowswap?

SnowSwap is a decentralized exchange for the yield-bearing LP tokens of the top DeFi projects. It’s based on Curve’s AMM model and allows users to easily enter and exit yearn.finance’s yVaults and other yield-bearing tokens for only the cost of a swap fee. Increasing liquidity for similar yield-bearing tokens makes it easier for users to speculate on their yield or performance. In general, providing liquidity to SnowSwap’s pools provides a simpler and more cost effective way to gain exposure to a basket of yield-bearing assets with the added benefit of receiving a portion of swap fees. When a user provides liquidity to the SnowSwap pools, they receive a SnowSwap LP token depending on the pool. Liquidity providers can stake these LP tokens to earn additional yield in the form of SNOW, SnowSwap’s governance token. 80% of the total SNOW tokens will be distributed to SnowSwap liquidity providers via liquidity mining rewards designed to bootstrap liquidity as well as the SnowSwap community


How to use Snowswap?

Users can access SnowSwap to swap between yield-bearing tokens or provide liquidity to the SnowSwap pools to earn swap fees and SNOW rewards for staking the SnowSwap LP tokens.

Integral Aims to Win the AMM Wars

There’s a new automated market maker (AMM) on the block, and it has the infrastructure to shake things up in DeFi. The protocol’s tech, which allows the decentralized exchange to feast on the liquidity of other exchanges, is uniquely advantageous for liquidity providers (LPs), so now the race is on to see how many users …

2021-05-31Read more >

Founder Fireside Chat with Ross Middleton of DeversiFi

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. Another week, another intriguing chat to share with you all. For this week’s Founder Fireside Chat, we spoke with Ross Middleton, Co-Founder …

2021-05-21Read more >

Slingshot – A Next Generation Decentralized Trading Platform

Did you know that the combination of how the Earth’s gravity warps spacetime and the speed at which a satellite travels effectively allows satellites to time travel into the future nanoseconds at time? If you wanted to time travel, theoretically you’d need two things: a massive black hole and and an incredibly fast spacecraft.  Many …

2021-05-12Read more >

AMA with Slingshot CEO Clinton Bembry Jr.

This AMA session with Slingshot CEO Clinton Bembry Jr. occurred on May 7th, 2021. The following is a transcription of the live from DeFi Pulse’s AMA Discord channel. To participate in future AMAs, please join our Discord and follow us on Twitter. Chaz Schmidt: Hello and welcome @everyone! Thank you for joining us today for …

2021-05-12Read more >