SWAP
Last updated
Last updated
Solidly enables trading between different ERC-20 tokens on the Binance Smart Chain and other EVM-compatible blockchains. Solidly specializes in providing tailored trading solutions between correlated and uncorrelated assets.
In its initial iteration Solidly supports the following 2 liquidity pool types:
Volatile Pools
Volatile pools are defined as assets that have no direct correlation in price, examples are Chainlink (LINK) and Binane Smart Chain (BNB). The price of BNBhas no relation to the price of LINK.
Volatiles pairs use the following formula to determine the price:
x × y ≥ k
Stable Pools
Stable pools are defined as assets that have a direct correlation to each other. Examples are USDC/USDT, wBTC/multiBTC, frxBNB/wBNB etc. The price of the 2 assets will trade very close to each other and thus a different approach can be taken to allow for much higher volume at low slippage.
Stable pairs use the following formula to determine the price:
x³y + y³x ≥ k