Skip to main content

CryptoNewsBreaks – SokuSwap Adds New Features on First-Ever Decentralized Exchange

SokuSwap, a decentralized exchange that lives on both the Ethereum network and the Binance Smart Chain, has added new features to its decentralized exchange (“DEX”), the world’s only multichain DEX. The exchange offers a unique combination of automated market maker (“AMM”) smart contracts, limit orders, staking pools, farms, a token swap, fiat currency onboarding and live chat for assisting new users. The company announced that is prepared to onboard new DeFi and web3 enthusiasts and has created a welcoming and helpful community, high APR pools and farms, and excellent functionality for experienced traders. Both the platform and community is decentralized, and community members from around the world self-moderate, creating an atmosphere that enables new users to thrive and encourages productive communication. A SokuSwap website is available to help new users set up so they can begin trading on the DEX.

To view the full press release, visit

About SokuSwap

SokuSwap uses automated market maker smart contracts to create liquidity pools of both ERC-20 tokens and BEP-20 tokens. This allows users to trade using an algorithm versus an order book used on conventional exchanges. Prices are determined using the formula x∗y=k; any number of X tokens and Y tokens are in an equation to always maintain the invariant that x∗y=k for some constant k. This ensures reserves stay in relative equilibrium. SokuSwap reserves are pooled among liquidity providers that supply the exchange with tokens in exchange for a share of the transaction fee. SokuSwap utilizes registry contracts to facilitate an exchange between different currencies. The system mechanics ensure trades between cryptocurrencies are based on their relative supply. The platform is easy to use, supports privacy and offers lower gas fees than most exchanges. SokuSwap is designed for traders and performs exceptionally well as a component of other smart contracts that require guaranteed on-chain liquidity. The SOKU token also functions as a decentralized governance token that allows holders to vote on upcoming upgrades. SokuSwap is a decentralized exchange made for the people, run by the people and governed by the people. Holders have the ability to vote on what changes/upgrades they think the team of developers should make first. For more information, please visit

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)

CryptoCurrency News Wire is where News, content and information converge via Crypto.

For more information, please visit

Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published:

CryptoCurrencyWire (CCW)
New York, New York
212.994.9818 Office

CryptoCurrencyWire is part of the InvestorBrandNetwork

Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.