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SithSwap
SithSwap logo

SithSwap

Operating Status: Operating

SithSwap, a Rhode Island-based financial service, offers secure, low-fee, instant swaps on StarkNet.

Location
Rhode Island, US
Founded
2022
Firm
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SithSwap is a Rhode Island-based financial services company specializing in decentralized finance (DeFi) solutions. The firm operates a next-generation Automated Market Maker (AMM) on StarkNet, facilitating instant volatile and stable swaps with ultra-low slippage and near-zero fees, all while ensuring the full security of Ethereum. SithSwap's platform has achieved significant traction, boasting $340 million in trade volume, 143,000 total users, and $1.6 million in available liquidity.

The key partners and decision-makers behind SithSwap are not explicitly mentioned, but the firm's investment philosophy centers around creating a highly efficient and versatile liquidity exchange protocol. This allows builders and users to leverage a highly composable architecture, enhancing the DeFi ecosystem's overall functionality. SithSwap's unique value-add includes its focus on providing secure, low-fee transactions with minimal slippage, making it an attractive option for both retail and institutional investors in the DeFi space.

SithSwap - Classification

NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 6000Depository Institutions
  • 6090Functions Related To Depository Banking
  • 6099Functions Related To Depository Banking, Not Elsewhere Classified
Show 3 more industry codes
SIC
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice

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