4th APR Boost & LPing Event

Pangea Swap official launch and $150,000 event held

Pangea Swap 3100 USDC Airdrop Event

We are thrilled to introduce you to Pangea Swap, the first-ever AMM DEX to provide concentrated liquidity on the Klaytn ecosystem.

DEXs are supposed to function as the heart of the asset flow within the ecosystem. But most general DEXs on the Klaytn ecosystem are based on the traditional CPMM model, . While this method has the theoretical merit of being able to respond to swaps happening in all price ranges (zero to infinity), in reality, most of the liquidity provided by the LPs is not actually used for the swaps.

Such a low liquidity utilization rate has its downsides - limiting the swap fee income of LPs and tightening the asset flow within the ecosystem. What’s worse, this drives down the LP yields due to small swap volumes and eventually causes the LPs to leave the platform in an already downward-facing market situation.

With concentrated liquidity, deeper liquidity is used for swaps.
Pangea Swap is determined to resolve this issue by providing concentrated liquidity, increasing the utilization rate. When liquidity is added in concentration to particular price ranges, more liquidity will be activated and utilized for actual swaps. This will bring larger revenue shares for LPs and facilitate the overall asset flow throughout the Klaytn ecosystem.

Pangeaswap

Pangeaswap