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Introduction

Welcome to Synthswap!

What is Synthswap?

Synthswap is the leading DEX on Base, completely audited by PeckShield.
Compared to its competitors, Synthswap enables trading with the lowest fees! Rewards from Staking and Yield Farming are among the most lucrative.
All this and more is possible thanks to highly efficient Concentrated Liquidity. Uniquely to the Base ecosystem, Synthswap will offer its users Active Liquidity Management.
Additionally, Synthswap aims to fully involve its users in decision-making. All major changes will be decided via Governance Voting!

What is Concentrated Liquidity?

Concentrated Liquidity represents a groundbreaking liquidity solution that enables liquidity providers (LPs) to maximize their capital efficiency and mitigate impermanent loss by concentrating their liquidity within a specific price range. This innovative feature allows LPs to stake a specific token pair within a defined price range.

Why is Active Liquidity Management needed?

While it is possible to earn higher returns in Concentrated Liquidity pools, these platforms pose a greater challenge for liquidity providers than traditional ones, as they require liquidity providers to provide liquidity within specific price ranges. If the underlying asset's price moves outside of the set price range, the Liquidity Providers no longer earn fees without re-adjusting the price ranges.
By using Gamma's active liquidity management tools, users can benefit from automatic rebalancing of their liquidity to keep it within range and auto-compounding of generated swap fees to maximize capital efficiency.

About Base

Base is a secure, low-cost, builder-friendly Ethereum L2 built to bring the next billion users onchain.
Base is incubated within Coinbase and plans to progressively decentralize in the years ahead. We agree with the vision of Base, that decentralization is critical to creating an open, global cryptoeconomy that is accessible to everyone.
Last modified 3mo ago