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Glossary › atomic swaps

Glossary

atomic swaps

A mechanism enabling direct, peer-to-peer exchanges of different assets (e.g., gold tokens for cryptocurrency) without relying on a third-party custodian. It ensures both sides of the trade execute simultaneously or not at all, reducing fraud risk.

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  • Vestige's swap router passes 1.48M Algorand swaps and $207M in routed volume Vestige — the Algorand swap aggregator and explorer born as TinyChart — has routed 1.48M swaps and $207M in volume via atomic multi-DEX routing, alongside vaults, a launchpad, fair-launch coins and an on-chain asset metadata registry.
  • Defly Wallet aggregates Algorand's DEXs into one trading app, with token-gated fees Blockshake's Defly is Algorand's trading-first mobile wallet: one swap ticket routes across the DEXs it supports, combo swaps and Deflex limit orders cut costs, and holding the DEFLY token unlocks cheaper fees — while its docs, extension and token market have not kept pace.
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