Swappi Price

Swappi (PPI) is a cryptocurrency launched in 2022, serving as the native token for the Swappi protocol—an automated market maker and decentralized exchange built atop the Conflux network.

The exchange gives Conflux users a dedicated venue to swap tokens, provide liquidity, and earn yields. Launching as the first AMM on Conflux eSpace, it directly fills the void created by the absence of an Ethereum Virtual Machine–compatible decentralized exchange within that ecosystem, allowing Ethereum-native dApps and their users to interact natively with Conflux’s asset layer.

Swappi operates on the Conflux network, its core contracts resident on Conflux eSpace—an EVM-compatible smart contract execution environment that mirrors Ethereum’s runtime. This layer enables developers to port existing Solidity codebases directly onto Conflux, expanding DeFi composability.

Technically, Swappi functions as a set of immutable Solidity smart contracts, inheriting full ERC-20 token standard support on eSpace. Its core factory contract is verified at 0x22f41abf77905f50df398f21213290597e7414dd, governing the creation of liquidity pools, token swaps, and staking modules without any centralized intermediary.

The project surfaced in April 2022 as the very first decentralized exchange to target Conflux’s eSpace, establishing the foundational AMM infrastructure across the network. Its arrival coincided with the network’s push to attract liquidity and cross-chain developers, offering a native alternative to fragmented external markets.

Long term, Swappi aims to serve as the primary liquidity engine for the Conflux ecosystem, aggregating asset pairs into deep pools that reduce slippage and catalyze DeFi composability. The protocol pursues a vision where Conflux becomes a self-sustaining hub for permissionless trading, lending, and yield strategies, drawing capital from multiple EVM-compatible chains.

PPI functions solely as the protocol’s incentive token, emitted to users who stake liquidity provider tokens earned from depositing assets into pools. Staking PPI itself opens a secondary reward tier, allowing holders to compound yields through a recursive farming architecture that redirects trading fee revenue back to active ecosystem participants.

Liquidity providers deposit token pairs—such as CFX and a stablecoin—into Swappi pools to receive LP tokens; staking those LP tokens mints PPI rewards. Holders then lock PPI in dedicated farming contracts to amplify returns and gain access to allocation-limited incentive rounds. Traders simultaneously execute swaps against the pools, paying fees that accrue to LP token holders, aligning every participant’s incentives directly with protocol usage.

Swappi (PPI) has a maximum supply of 488,000,000 tokens. Currently, 0 are in circulation. With a market capitalization of $0, Swappi (PPI) ranks #6,260 among all cryptocurrencies.