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PRESS RELEASE. With the unprecedented global rise of decentralization and new technologies such as NFT, blockchain and metaverse, it makes sense that many companies want to ensure they are ready for the seemingly inevitable transition to Web3.
As such, ‘The Swappery’ has recently announced its highly anticipated Decentralized Exchange (DEX) launch on the Casper Network. DEX was launched on the Binance Smart Chain (BSC) back in March 2021 and is currently live on the Casper Blockchain network. With this, The Swappery has officially become the first fully functional cross-chain DEX on the Casper Network, thus making it a pioneer in the Casper Ecosystem and a highlight of the entire initiative.
What is a DEX?
Simply put, a decentralized exchange is a Peer-to-Peer (P2P) marketplace where transactions happen directly between different cryptocurrency traders. DEXs are essential because they fulfill one of the crypto sector’s core opportunities, which is to facilitate financial transactions that are not carried out by banks, brokers or any other form of third party or intermediary, effectively removing the “middle man”.
Many popular DEXs like PancakeSwap and BiSwap run on BSC, and now The Swappery has been added to the growing list as well. Most notably, however, Swappery is actually the very first DEX on the Casper Network as previously mentioned.
What is there to know?
Swappery launched on CasperPad on March 9, 2022, which is the first launchpad on the Casper Blockchain. The first step was therefore to launch on the Binance Smart Chain testnet. Through the BSC testnet, crypto enthusiasts could therefore test the DEX functionality before the mainnet. During this process, The Swappery incorporated a lot of important feedback and positive comments regarding all improvements to the DEX to make it more appealing and functional.
Furthermore, The Swappery is currently live on the Casper mainnet, complete with all sorts of essential speed and design improvements that also include the new ‘Yield Farming’ functionality as well as swap features and provide liquidity. Additional features will be added to DEX as more feedback is collected over time, as the community plays a critical role in how everything will look and work in the near future.
According to CasperPad’s CEO, “Casper Blockchain is a budding ecosystem that is really starting to take off, so we wanted to be among the first to offer a DEX and consistently grow with them to help provide the best features and services. Swappery is therefore unique in that mind, and we have some exciting things planned in the future, so stay tuned.”
About The Swappery
Swappery is the first cross-chain DEX built for the Casper Network. The overall vision of the exchange is to facilitate high-quality and advanced decentralized trading opportunities for the Casper network, thereby significantly improving the decentralized ecosystem and creating opportunities that were previously unattainable. Find out more here as well as through Twitter and Telegram channels.
Casper association
The Casper Association is the non-profit entity that oversees the ongoing development and decentralization of the Casper Network. It provides the necessary resources to accelerate the adoption of Casper and its growing ecosystem of decentralized applications. To learn more, visit
About CasperPad
CasperPad is the first Casper-backed, fully decentralized launcher. It was built to launch innovative and industry-disruptive projects on the Casper Network. By doing so, CasperPad opens up a unique gateway to invest in future projects launched on the Casper network.
Moreover, by simply holding the official CasperPad token ($CSPD), users will get exclusive access to public sales of various new top projects in this industry. CasperPad projects are also carefully selected through vetting, which takes into account everything from the origin of the project teams to legitimacy and implementation capacity to effectively construct the Casper ecosystem and make it among the most highly regarded blockchains around the world. To learn more, visit
This is a press release. Readers should do their own due diligence before taking any action related to the Promoted Company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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