Overview
FutureSwap is an automated market maker (AMM) protocol built on Ethereum. It enables trustless token swaps, liquidity provision, and yield farming without intermediaries. All trades are executed via smart contracts with transparent pricing based on constant product formula (x * y = k).
Trading Pairs
| Pair | Liquidity | 24h Volume | APR | Fee Tier |
|---|---|---|---|---|
| FTC/ETH | $12.4M | $1.2M | 18.5% | 0.3% |
| FTC/USDC | $8.7M | $890K | 14.2% | 0.3% |
| FTC/USDT | $6.2M | $650K | 12.8% | 0.3% |
| FTC/DAI | $4.5M | $420K | 11.5% | 0.3% |
| FTC/WBTC | $9.8M | $780K | 16.3% | 0.5% |
Fee Structure
| Fee Tier | Trading Fee | LP Share | Protocol Share | Best For |
|---|---|---|---|---|
| 0.05% | 0.05% | 0.04% | 0.01% | Stablecoin pairs |
| 0.3% | 0.3% | 0.25% | 0.05% | Most pairs |
| 0.5% | 0.5% | 0.42% | 0.08% | Exotic pairs |
| 1.0% | 1.0% | 0.85% | 0.15% | High volatility |
Liquidity Mining Rewards
Ongoing with quarterly emissions adjustments
FTC (FutureCoin)
50M FTC over 2 years
- FTC/ETH - 35% of emissions
- FTC/USDC - 25% of emissions
- FTC/WBTC - 20% of emissions
- FTC/USDT - 15% of emissions
- FTC/DAI - 5% of emissions
Smart Contract Addresses
Technical Implementation
Constant Product Market Maker (CPMM) using the formula x * y = k, where x and y represent token reserves and k is the constant product. Price is determined by the ratio of reserves.
Users can set maximum acceptable slippage (0.1% - 5%). Transactions revert if price moves beyond tolerance. Recommended: 0.5% for stable pairs, 1-2% for volatile pairs.
LPs exposed to IL when token price ratios change. Mitigated by trading fees and liquidity mining rewards. Historical IL for FTC/ETH pair: avg 3.2% offset by 18.5% APR.
- Trail of Bits - January 2024 (No critical issues)
- Consensys Diligence - February 2024 (2 medium, resolved)
- OpenZeppelin - March 2024 (Clean report)
Start Trading on FutureSwap
Connect your wallet to trade FTC or provide liquidity to earn fees and rewards.