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iZiSwap

What Is iZiSwap?

Founded by iZUMi Finance, a multi-chain DeFi protocol providing one-stop Liquidity as a Service (LaaS), iZiSwap is an on-chain liquidity product that uses an innovative Discretized-Liquidity-AMM(DL-AMM) model to provide efficient on-chain liquidity for Web3 assets and a CEX-like order book trading experience for DEX users.

The DL-AMM improves on the concentrated-liquidity model first deployed by Uniswap v3, offering users enhanced capital efficiency, zero slippage, and cheaper trading fees. The product was initially launched on Binance’s BNB chain and claims to be 5000x more capital efficient than a traditional x*y=k DEX.

Who Are the Founders of iZiSwap?

iZiSwap is one of the products from iZUMi Finance, a company co-founded by Dima Sharenko and Jimmy Yin. Before entering the world of DeFi, Yin was a researcher at the North American Blockchain Association and a community member of the World Economic Forum. He obtained a Ph.D. from UC Berkeley and currently pursues liquidity enhancement in crypto.

Sharenko, on the other hand, holds an air navigation bachelor’s degree from the National Aviation University. He went on to obtain a Master’s degree in project management from the same institution. As for his work experience, he was a part of the financial derivatives and API team on Binance between 2019 and 2020.

When Was iZiSwap Launched?

Although the product did not launch until 2022, iZUMi Finance has been in business since 2020.

Where Is iZiSwap Located?

iZiSwap operates out of Tokyo, Japan.

iZiSwap Restricted Countries

There are currently no restrictions to using the services of the platform.

What Coins Are Supported on iZiSwap?

iZiSwap supports 18 markets. However, users can swap between several coins on multiple chains. For instance, swaps between iZi, USDC, USDT, ETH, WBTC, and WETH are allowed on the Arbitrum chain.

How Much Are iZiSwap Fees?

The platform offers a tiered fee structure of between 0.01% and 1%. While a taker fee of 0.01% and 0.04% is suitable for stablecoin pairs, 0.2% is charged on mainstream pairs, and 1% is used for emerging tokens and high-volatility trading pairs.

Is it Possible To Use Leverage or Margin Trading on iZiSwap?

The platform does not support margin trading or leverage.