You can swap the 16 most popular ERC20 tokens, including 4 stablecoins, plus our own DefiPlaza Governance token, on DefiPlaza:
- BUSD
- Chainlink
- Compound
- Convex
- Curve DAO Token
- DAI Stablecoin
- DefiPlaza Governance
- e-Radix
- Ethereum
- Maker
- Matic
- Spell token
- Sushi
- Tether USD
- USD Coin
- Wrapped BTC
- yearn.finance
These 16 tokens can be swapped in 120 trading pairs for a 0.1% fee.
Why only 16 tokens?
DefiPlaza’s efficiency requires the number of listed tokens to be hard-coded in the smart contract. For the DefiPlaza pool, the number 16 was chosen.
It is however possible to change which 16 tokens are listed. This is part of the governance.
DefiPlaza plans to spin up additional pools (e.g: mid-cap DEX, moonshot DEX, stablecoin DEX, etc).
This will increase the total amount of tokens that can be traded.
It would also be possible to hard-code the new pools to take more tokens, but it has to be a number that is a power of 2, for example 32 (= 2^5).