*Fee collection is automated via smart contract (SwapKit Router) with no settlement or remittance required. Currently, SwapKit will only collect a fee (20bps/0.2%) on swaps between layer one assets (BTC<>ETH, ETH<>AVAX, etc.) and stablecoins (BTC<>USDC, USDT<>ETH, etc.). SwapKit currently supports the following layer one and gas assets: RUNE, BTC, ETH, BNB, AVAX, LTC, ATOM, LTC, BCH, & DOGE.
SwapKit will not collect a fee if either side of the swap is not a gas asset or stable coin. Affiliates may elect to charge a fee on any or all swap pairs.
SwapKit is a suite of tools package as an SDK to facilitate integration of all THORSwap services. SwapKit SDK is open-source and powers the THORSwap frontend. It is an easy gateway to all THORchain features, as well as THORSwap tools. SwapKit has four main pillars:
SwapKit makes THORChain integration simple – enabling any single-chain dApp to go multi-chain in less than 100 lines of code.
SwapKit also comes with additional benefits such as improved quotes/gas pricing, DEX aggregation (5,500+ additional tokens on ETH, AVAX and BSC) and plenty of novel swap routes to additional Chains/Assets with the same 1-txn cross-chain swap UX.
Yes, SwapKit API/Kit is designed to seamlessly integrate with various protocols and swap service providers. You can use it alongside your existing swap solutions for maximum capital efficiency.
Currently supported Chains: Bitcoin, Ethereum Mainnet, BNB Smart Chain (BEP20), BNB Beacon Chain (BEP2), Avalanche C-Chain, Cosmos (ATOM), THORChain, Dogecoin, Bitcoin Cash, Litecoin.
Currently supported DEX aggregation routes: Uniswap V2 + V3, SushiSwap, 1Inch (ParaSwap, GMX, Curve), 0x Protocol (Matcha), Kyber, Pangolin, TraderJoe, WOOFi and PancakeSwap.
Absolutely! SwapKit allows devs to set the fee you want to charge yourself in basis points on each transaction.
SwapKit’s SDK gives developers API access to a powerful suite of non-custodial, permissionless DeFi tools to interact with 5,500+ other crypto assets across 10+ blockchains including Bitcoin, Ethereum, and THORChain.