Background

SwapBased

SwapBased is an automated liquidity protocol implemented in a system of non-upgradeable smart contracts on the Base blockchain. The system in place obviates the need for trusted intermediaries, prioritizing decentralization, censorship resistance, and security.

Each SwapBased smart contract, or pair, manages a liquidity pool made up of reserves of two ERC-20 tokens.

Integrationstwitter

SwapBased Announces Integration with Sonus on Optimism Superchain

Thu 20th Feb 2025
SwapBased has expanded its ecosystem through integration with Sonus on the Optimism Superchain. This development brings new opportunities for $BASE & $COIN liquidity providers and token stakers ($xBASE & $oCOIN). The integration marks a significant expansion for SwapBased beyond its Base blockchain operations, now extending into the Optimism ecosystem through partnership with @soneium. - Affects both liquidity providers and stakers - Part of broader Optimism Superchain expansion - Collaboration with Sonus Exchange (@soneium)

SwapBased 2024 Year in Review

Thu 2nd Jan 2025
SwapBased closes 2024 with remarkable achievements: - **Community Growth**: Over 80,000 holders joined the ecosystem - **Trading Volume**: Exceeded $600M in all-time volume - **Revenue Distribution**: - $500K+ in fees distributed - $10M+ in rewards shared with community **Platform Developments**: - Launched new website update - Successfully listed on Gate.io Pilot Program The protocol enters 2025 with strong momentum and expanding market presence.
Community article

SwapBased Achieves Gate.io Pilot Listing and Approaches 75k Holders Milestone

Thu 12th Dec 2024
SwapBased's $BASE token has been listed on Gate.io's Pilot program, marking a significant expansion in its trading accessibility. The protocol continues to show strong growth with holder count approaching 75,000. Recent milestones include: - 500,000+ completed swaps - $700M+ trading volume on Base - $300,000+ worth of $BASE staked - 60,000+ token holders (now growing towards 75k) The Gate.io pilot listing opens potential pathway to spot trading opportunities.

StakeStone Integrates with Sonic Labs for Enhanced DeFi Yields

Thu 7th Nov 2024
StakeStone announces integration with Sonic Labs to expand liquidity and yield opportunities in the DeFi ecosystem. - Users can now earn yields through StakeStone's products on Sonic's platform - Integration aims to maximize rewards for liquidity providers - Partnership focuses on seamless user experience The collaboration builds on previous announcements regarding BASE and COIN liquidity provision and staking initiatives.

SwapBased Achieves Major Milestones on Base Network

Mon 4th Nov 2024
SwapBased has reached significant milestones on the Base network: - Facilitated over 500,000 swaps with total volume exceeding $700M - Attracted more than 60,000 $BASE token holders - Secured $300,000+ worth of $BASE tokens staked as $xBASEOnly The protocol has demonstrated substantial growth, becoming the #3 DEX by volume on Base with over $2B in total trading volume. These achievements highlight SwapBased's growing position in the Base ecosystem.
Community article

SwapBased Reports $46,000 in BASE Token Burns Over 6 Months

Mon 4th Nov 2024
SwapBased has released its 6-month performance metrics showing significant token buybacks and burns: - 12.8 ETH used for BASE token buybacks - 13B BASE tokens burned (≈$46,000) - 9.6 ETH allocated to COIN buybacks - 6.3 ETH added to COIN liquidity These activities are fully documented on SwapBased's Discord and Telegram channels for transparency. *For detailed transaction history and verification, visit their community channels.*
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