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What is JellySwap?
JellySwap is a DEX but not a usual one. It works on several blockchains and aims to solve the interoperability issues between the different networks – a huge problem discussed lately within the whole crypto community. It enables value transfer between different chains such as BTC<>ETH. Despite the ambitious technology it’s based on, Jelly has a maximally Uniswap-like UX – simple and intuitive. It is a 100% decentralized, non-custodial and permissionless app. Apart from swapping coins, Jelly also enables everyone to provide liquidity and to become market makers in order to earn profit. At the beginning of August, we released a mobile wallet which, as far as we are aware, is the first of its kind for cross-chain trades via phone. Our next goal – integrating more networks (Avalanche, Algorand, Harmony, etc.). It’s high time to build a solid infrastructure that allows exchange of native coins between different chains in a smooth and trustless way!
Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.
