AquaSwap
Automated Market Maker (AMM) decentralized exchange implemented in Rust. Provides liquidity pools and token swaps with deterministic pricing logic.
A Rust-based Automated Market Maker (AMM) implementing liquidity pools and token swap functionality.
Features
- Liquidity pools: Deposit assets and earn fees from swaps
- Deterministic pricing: Constant-product formula (x*y=k)
- Permissionless listing: Create new trading pairs
- Composable design: Built to integrate with other DeFi primitives
Technical Highlights
- Implements invariant-preserving swap logic
- Uses fixed-point arithmetic to avoid floating-point inaccuracies
- Carefully designed state transitions to prevent pool imbalance
- Optimized storage layout for frequent swap operations
Why AMMs?
Automated Market Makers remove the need for order books, enabling fully on-chain, permissionless liquidity. Deterministic pricing and invariant enforcement make them ideal for decentralized execution environments.