Peerswap is a novel decentralized exchange (DEX) developed on the Archway network, standing out with its unique approach to digital asset trading. Currently in its early access phase, the platform already offers an array of features such as Over-The-Counter (OTC) Deals, Arbitrage Swaps, and Fundraising. The future roadmap includes the addition of Non-Fungible Token (NFT) trading and more. As an OTC trading platform, Peerswap allows users to engage in arbitrage opportunities by placing orders for specific trades and waiting for acceptance by other participants. It operates as a peer-to-peer platform, utilizing escrow contracts that function as limit orders. This design lets users participate in arbitrage opportunities and avoid slippage, enhancing their trading strategies. The team behind Peerswap, known for their work on the ALTER Communication Platform within the Cosmos Ecosystem, brings their expertise to this project, ensuring robust and innovative development.
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