Savvydex
  • πŸ’›Savvydex Intro
  • Get Started
    • Create a Wallet
    • Get USDT, BNB Tokens
    • Send Crypto From Binance to MetaMask
    • Using Savvydex without Centralized Exchanges
    • Connect Your Wallet to Savvydex
  • Click Here for Help
    • Fixing Stuck Pending Transactions on MetaMask
  • Contact us
    • Customer Support
  • The Savvydex Team
  • PRODUCTS
    • πŸ”Exchange
      • Token Swaps
      • How to Trade
      • Liquidity Pools
      • How to Add/Remove Liquidity
    • 🚜Farming
      • How to Use Farms
      • How to Use Farms with BscScan
    • 🍯Pools - Stake SVC
      • How to Use Pool
      • How to Use Pools with BscScan
    • πŸ‘¨β€πŸŽ“Learn To Earn
  • Terms of Use
  • TOKENOMICS
    • SVC
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On this page
  • Swapping/Trading
  • Liquidity Pools
  • Yield Farming
  1. PRODUCTS

Exchange

PreviousThe Savvydex TeamNextToken Swaps

Last updated 2 years ago

Savvydex is an Automated Market Maker (AMM), and the Exchange is at the heart of Savvydex. Savvydex is the leading AMM on the BNB Smart Chain, and as statistics tell, the most popular Decentralized Exchange (DEX) ever!

The Savvydex Exchange offers several features that support decentralized trading:

Swapping/Trading

Savvydex lets users trade without the need to go through a Centralized Exchange. Everything you do on Savvydex is routed directly through your walletβ€”no need to trust someone else with your coins!

Liquidity Pools

You can only swap tokens on Savvydex if there is enough liquidity for those tokens. If nobody has added much liquidity for the token or tokens you want to swap, it will be difficult, expensive, or impossible to do so.

Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees to ensure there's always liquidity for the exchange to use.

Yield Farming

Yield farming lets users providing liquidity earn SVC rewards by locking their LP tokens into a smart contract. The incentive is to balance out the risk of that comes along with locking in your liquidity.

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impermanent loss