Polkaswap (PSWAP)
CryptoScore Pro global score : 41/100 (computed on 2026-10-29)
Polkaswap is a decentralized exchange (DEX) built on the Polkadot ecosystem, designed to facilitate cross-chain token swaps and liquidity provision within the broader SORA network. Operating as an Ethereum-compatible ERC-20 token, PSWAP serves as the native utility and governance token for the platform, enabling users to participate in liquidity mining, staking, and decision-making processes. Its positioning within Polkadot’s interoperable framework addresses a critical need in the DeFi space: seamless asset exchange across multiple blockchains without relying on centralized intermediaries. By leveraging Polkadot’s shared security and parachain architecture, Polkaswap aims to reduce fragmentation in liquidity pools, a persistent challenge for DEXs operating on isolated networks. The project targets DeFi traders, liquidity providers, and developers seeking efficient, low-cost trading solutions, while its integration with the SORA network—an economic system focused on sustainable tokenomics—adds a layer of macroeconomic utility beyond typical DEX functionality. Technologically, Polkaswap distinguishes itself through its hybrid architecture, combining elements of automated market…
Scores by pillar
| Technology | 40/100 |
|---|---|
| Tokenomics | 75/100 |
| Team | 47/100 |
| Adoption | 15/100 |
| Liquidity | 28/100 |
| Compliance | 75/100 |
Market data
| Price | $0.0001437 |
|---|---|
| Market cap | $497,037.63 |
| 24h volume | $308.45 |
| Market cap rank | #3390 |
| 24h change | +2.91% |
| 7d change | -10.34% |
| Blockchain | Polkadot |
| Sector | DeFi |
Analysis
Polkaswap is a decentralized exchange, a trustless trading protocol, on Polkadot. It uses an automated market maker, an algorithmic pricing system, to enable exchanges between different blockchains.