ViperSwap

Thing ∙ ID: 11085

ViperSwap is a fast, low-cost decentralized exchange (DEX) and DeFi protocol on Harmony's blockchain. Launched in March 2021, it combines features from Uniswap and SushiSwap, allowing users to swap tokens, provide liquidity, and earn rewards. ViperSwap's uniqueness stems from Harmony's 2-second finality and extremely low transaction fees, making swaps cost as little as $0.0000000015. The platform is governed by the VIPER token, which incentivizes long-term participation through a unique lockup system. ViperSwap follows a 0.3% fee model for trades, with 0.1% distributed to VIPER stakers in the ViperPit, offering 50% more rewards than similar platforms like SushiSwap.