Crypto Guide

Terraswap DEX Launches on Terra 2.0 As More Projects Move to the New Chain

Terraswap, a Terra-based decentralized exchange (DEX), has recently announced that it has launched its services on Terra 2.0 as more projects move to the new blockchain.

According to Terraswap announcement on its official Twitter handle today, users can now effortlessly access liquidity on the new Terra network.

Read Also: Do Kwon Amends Terra 2.0 Proposal When Voting Still in Progress. Aggrieved Members Right All Along?

The DEX also noted that its emergence on the Terra 2.0 blockchain will bring about the listing of several Terra and CW20 tokens on the platform to enable users to gain access to more trading pairs.

So, developers who want to see their tokens listed on the exchange are urged to reach out to the team via its official Discord channel.

Terraswap tweeted, “Terraswap is live on @terra_money Terra 2.0, and we can see many projects are getting listed! For token builders, any [token] builder can list! Feel free to ask for support on discord! For users, please provide liquidity and enjoy your swap!”

Describing the Terra-based project further, the team stated that the platform is a decentralized exchange (DEX) designed to support and make the community stronger as the Terra ecosystem strives to get back on track following the major collapse that gave birth to the Terra 2.0 blockchain.

Read Also: Top Korean Law Firm to Sue Terra Founder Do Kwon Over UST Collapse

Powered by DELIGHT, Terraswap is an open-source and decentralized protocol for automated liquidity provision on the Terra network. The platform is tipped to provide decentralized trading solutions to developers, traders, and liquidity providers.

Currently, Terraswap has only two trading pairs such as $ampLUNA – $LUNA and $LunaX – $LUNA. The team behind the DEX plans to add more pairs in the near future.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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