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Multiswap Launches On Avalanche

Twitter icon  •  Published 1 year ago  •  Hassan Maishera

The Avalanche team announced via a blog post on Tuesday that Multiswap, a new breed of “multi-asset” decentralized exchange, has launched on Avalanche, aiming to reinvent how people access and exchange tokens on-chain.

The Avalanche team announced via a blog post on Tuesday that Multiswap, a new breed of “multi-asset” decentralized exchange, has launched on Avalanche, aiming to reinvent how people access and exchange tokens on-chain.

Mulitiswap seeks to leverage Avalanche’s speed and flexibility to enable traders to swap hundreds of tokens in a single transaction. Multiswap will be exploring possibilities in FX, commodities, and equity markets, the Avalanche team added. 

Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is down by 2% so far today and currently trades at $9.20 per coin.

 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.