Key Takeaways

  • has launched a DeFi swap based on Etherum.
  • Users can trade cryptocurrencies or stake their holdings.
  • The service is separate from’s custodial, centralized exchange, and offers users more control over their funds.

Share this article has launched a DeFi swap service, which allows investors to trade their Ethereum-based ERC-20 tokens.

Eight Coins Supported

The app currently supports eight coins: Ethereum (ETH), Compound (COMP), Token (CRO), Dai (DAI), Chainlink (LINK), USDC, Tether (USDT), and Wrapped ETH (WETH).

Cryptocurrency is drawn from a pool funded by various liquidity providers, and prices are adjusted to provide the “best available rate.”

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In addition to swapping coins, users can stake their tokens through the app’s “pool” and “boost” features to earn interest on their holdings. offers higher rates to those who hold its native CRO token—a 20x bonus for those who stake in the highest tier.

The app has been forked from Uniswap v2, a popular decentralized exchange (DEX). Changes to the app have been audited by and by the blockchain firm SlowMist. Commits to DeFi

This news comes just weeks after the platform announced plans to merge its old MCO token with its newer CRO token. That move was widely criticized because has quite suddenly imposed the change on its users.

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The new, relatively open and decentralized coin swap tool could bring back users who believe the company’s centralized nature allows it to exert too much control at times. The swap app only requires Metamask or WalletConnect, not an account with’s custodial exchange.

“We believe that blockchain and decentralized finance (DeFi) protocols built on top have the potential to empower millions to exercise this right,” states on its website.

Disclosure: This article was independently selected by our editorial team for coverage. is a sponsor of Crypto Briefing.

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