DappRadar, a well-established data website, has launched a token swap platform "Token Swap" before the coin is issued.

The cryptocurrency data website DappRadar announced the launch of a token exchange platform, further increasing the likelihood of keeping users on the platform while they view data on various major DApps.

DappRadar Token Swap

According to the DappRadar announcement, the Token Swap will currently support three mainstream blockchains:

• Polygon
• Ethereum
• Binance Smart Chain

During the initial launch of the token exchange platform, no additional transaction fees will be charged besides gas fees. The token exchange path will resemble a trade aggregator, where users do not need to individually browse various decentralized exchange platforms (DEX). DappRadar will immediately compare multiple DEXs and lock in the best price.

In addition, users can add more tokens for exchange by simply providing the token address, with current support for wallets like MetaMask and other Web3 wallets.

MetaMask Swaps Rapid Growth

The mainstream Ethereum wallet MetaMask introduced the token swap feature "MetaMask Swaps" last October during the liquidity mining craze, aggregating multiple top DEXs, including Uniswap, Airswap, Kyber, 0x API, 1inch, Paraswap, and third-party market makers.

Since the launch of MetaMask Swaps, business has grown rapidly, with profitability comparable to mainstream DeFi protocols.

As a result, rumors of MetaMask issuing its own token have been circulating. DappRadar, a long-standing top platform for DApps-related data since the rise of DApps, has yet to issue its own token.

Perhaps before DappRadar launches its token or conducts airdrops in the future, this presents a good opportunity to engage with DappRadar Token Swap.