โ€” ๐Ÿ“š Table of Content โ€”
A guided reading to facilitate the discovery and understanding of ParaSwap
๐Ÿฐ Welcome into a pathway to the Citadel standing in broad daylight for everyone to see but only a few to master.
This page provides a deep dive into the value provided by ParaSwap. Understanding it involves exploring key concepts related to decentralized exchanges, liquidity pools, and DeFi in general.
So grab a coffee โ˜• and enjoy the read!
โ€” If you are new to Ethereum or DeFi, you'll learn many things about DEX, managing transactions, gas costs & much more.

๐Ÿ“– QUICKSTART

First, refer to our quickstart to figure out what ParaSwap is, what you need to get started, and what it can bring:

โ“ FAQ

As you start using ParaSwap, you might have some burning questions - find them answered there:

MASTERING PARASWAP

๐Ÿ”ฎ ParaSwap's Edge

Now you might wonder why use ParaSwap over another aggregator or a decentralized exchange directly? This page will help you answer this question:

โ›“ Managing Transactions on Ethereum

To make the most of ParaSwap, you need to understand a bit how transactions are handled on the Ethereum network:

๐Ÿ“ˆ Price Impact

If you start swapping more sizable amounts or perform swaps on pairs with low liquidity, you'll need to understand how price-impact works in detail:

๐Ÿ›ก Hedging Risks on ParaSwap

Finally, this resource provides details to better understand the exhaustive risk profile of a trade made on ParaSwap and how to manage it:

PARASWAP'S VORTEX

๐ŸŒ€ Supported Services

The presentation of all the DEX integrated with ParaSwap and the services providers integrating our API.

๐Ÿ’ฑ Fees & Business Model

There are currently no fees on ParaSwap. However, services integrating with ParaSwap can charge a commission on the swaps they facilitate.

PSP TOKEN

๐Ÿ” Token Overview

An outline of the key metrics regarding the PSP token and its distribution:

๐Ÿ’ธ PSP Staking

PSP can be staked on private market makers (ParaSwapPools) to earn additional PSP tokens and help ParaSwap better allocate its incentives:

๐Ÿ“œ ParaSwap's DAO's mission

The community of PSP stakeholders is given a long-term mission, with significant means at its disposal to fulfill it:

๐Ÿ›ก Safety Module

ParaSwap generates fees thanks to the positive slippage and third-party integrations. They are used to provide a safety budget covering the whole protocol and PSP staking contracts:
Last modified 13d ago