The team of AirSwap, the decentralized exchange trading protocol, announced today launch of Instant 2.0, a completely new trading experience into a public beta release on mainnet. AirSwap has responded to user feedback to create a more immersive, informative, and smarter way to make quick decentralized trades.
The app still features no deposits, no trading fees, and is all peer-to-peer. Behind the scenes, AirSwap has developed a more robust framework to ensure many more situations complete with a trade. If the initial requested amount cannot be entirely filled, now users will often be presented with an alternative for a lower amount.
Further, when no peers are available for an instant trade, users will now often be presented opportunities from AirSwap Spaces, for OTC trades with desks and other traders. With the new AirSwap Instant, discovering peers and making trades is almost automatic.
Market Data and Trading Info
When browsing the Tokens screen, users will find new data including buy price, sell price, daily volume, and liquidity. Buy and sell prices represent quotes offered by makers on the network to buy or sell a given token.
Liquidity displays the “liquidity depth” for each token being traded. This is the maximum amount that online makers can provide across the network, providing transparency into what tokens are truly available for trade.
Users will also find trading activity, which displays as a marquee across the header, and available in full on the Trades screen. This helps to understand how others on the network are trading, uncovering trends and opportunities. The feed is easily scannable and filterable.
The feed includes tags indicating a “Whale Trade” for large trades above 50 ETH, and “Largest Daily Trade” for the largest trade on the network over 24 hours. New trade tags will be added as the AirSwap Instant product evolves .
New Wallet Overview
On AirSwap, every trade begins and ends with the user’s wallet, never having to deposit or lose possession of their tokens until traded. Given the importance of the wallet, AirSwap has built a completely new interactive overview.
This includes the overall value of user tokens in a fiat currency of choice, quick wrap and unwrap, and an entire list of tokens held by the connected wallet. Whether on desktop or mobile, the wallet is an integral component.
“Together, we’ll continue to improve the ways we utilize, interact, and trade on the Ethereum network — and together push the greater #defi ecosystem forward. Trading is ultimately a social activity, and we’re excited to be on this journey with you. This is a public beta release on mainnet. We’ll be making ongoing improvements and adjustments over time as we receive feedback and continue to deliver new features.”