OpenSwap
OpenSwap is a Hong Kong-based decentralized exchange protocol founded in 2021 that operates a self-serve web interface for on-chain token swaps, including cross-chain routing, serving individual cryptocurrency traders and DeFi participants globally.
- Company typePrivate
- Founded2021
- HeadquartersHong Kong, Hong Kong SAR China
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
OpenSwap firmographics
Firmographics- Name
- OpenSwap
- Website
- https://openswap.xyz
- Company type
- Private
- Founded year
- 2021
- Headcount range
- 11–50 employees
- Short description
- OpenSwap is a Hong Kong-based decentralized exchange protocol founded in 2021 that operates a self-serve web interface for on-chain token swaps, including cross-chain routing, serving individual cryptocurrency traders and DeFi participants globally.
- Ownership category
- akta.pro rank
OpenSwap industry classification
Industry- Product category
- Decentralized Exchange (DEX) Protocol
- NAICS
- Securities and Commodity Exchanges (52321), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Decentralized Exchanges (DEX) & AMMs (FSADAMAB)
- akta.pro secondary industries
- Spot AMM DEXs (FSADABAA), DEX Aggregators & Smart Order Routing (FSADABAC)
Keywords
Where OpenSwap is headquartered
LocationHeadquarters
- HQ city
- Hong Kong
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Markets served
OpenSwap business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations
Revenue model
- Token swap fees: Revenue likely generated through fees on token swap transactions executed on the platform. Standard DEX fee model where a small percentage is taken per trade.
Go-to-market motion1 record
Distribution channels1 record
OpenSwap product offering
Product offeringCore offering
OpenSwap is a decentralized exchange (DEX) protocol that enables on-chain token swaps and multi-chain liquidity provisioning. Users access the swap functionality directly via a web-based interface at openswap.xyz, with chain-specific routing (e.g., BNB Chain chainId=56) and cross-chain swap support. The protocol also supports multi-chain arbitrage, on-chain pricing management, and chain liquidity management for DeFi participants.
Differentiator
Problem solved
Functional benefit
Products and services
- OpenSwap.xyz OpenSwap.xyz is a decentralized exchange (DEX) interface that enables users to swap tokens across different blockchain networks on-chain. It supports multi-chain routing (primary support for BNB Chain, chainId=56) and cross-chain swapping, and is targeted at cryptocurrency traders and DeFi users seeking decentralized, intermediary-free token exchange.
Companies that use OpenSwap
Customer profileSegments1 record
Ideal customer profiles1 record
OpenSwap technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
OpenSwap competitors and assessment
Company assessmentDirect peers
- SushiSwap: Multi-chain AMM DEX with deployed liquidity on BNB Chain, Ethereum, and other networks — directly comparable on cross-chain presence and core swap functionality.
- Uniswap: The largest DEX protocol by volume and the reference AMM design across the industry; a direct functional peer to OpenSwap's spot AMM DEX offering across EVM chains.
- PancakeSwap: The dominant AMM DEX on BNB Chain — operating in the same primary chain and same product category (spot swap, liquidity pools) as OpenSwap, making it the most directly comparable competitor.
- 1inch: Leading DEX aggregator with cross-chain routing and intent-based execution; the closest comparable to OpenSwap's cross-chain swap and routing positioning.
- Matcha (0x): Consumer-facing aggregator front-end for the 0x protocol; comparable to OpenSwap's self-serve, product-led swap interface even though the underlying routing layer differs.
- ParaSwap: DEX aggregator and router offering smart-order routing across many chains; a direct peer on the aggregation/routing side of OpenSwap's hub.
- KyberSwap: Multi-chain DEX and aggregator combining AMM pools with aggregated routing — functionally overlapping with OpenSwap's hub-of-swap-and-routing value proposition.
Emerging players
- CowSwap: Intent-based, batch-auction DEX built on CoW Protocol; emerging overlap with the routing-side of OpenSwap's hub as intent-based execution gains share.
Broad incumbents
- Curve Finance: Major AMM DEX focused on stable and correlated-asset pools with broad multi-chain deployment; comparable on AMM mechanism but operates at materially larger scale.
- Balancer: Multi-asset AMM DEX with weighted pools and boosted yield features; comparable core technology (AMM) and multi-chain presence, though with a different pool model.
Market position
Customer concentration
OpenSwap financial estimates
Financial estimateRevenue estimate
Valuation estimate
OpenSwap leadership team
Management profileNumber of profiles
OpenSwap funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OpenSwap M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OpenSwap
What does OpenSwap do?
OpenSwap is a decentralized exchange (DEX) protocol that enables on-chain token swaps and multi-chain liquidity provisioning. Users access the swap functionality directly via a web-based interface at openswap.xyz, with chain-specific routing (e.g., BNB Chain chainId=56) and cross-chain swap support. The protocol also supports multi-chain arbitrage, on-chain pricing management, and chain liquidity management for DeFi participants.
When was OpenSwap founded?
OpenSwap was founded in 2021. It employs 11 to 50 people.
Where is OpenSwap based?
OpenSwap is headquartered in Hong Kong, Hong Kong SAR China, in the Asia region.
How does OpenSwap make money?
One revenue line is on record: token swap fees.
Who are OpenSwap's main competitors?
Direct peers on record are SushiSwap, Uniswap, PancakeSwap, 1inch, Matcha (0x), ParaSwap and KyberSwap. CowSwap is listed as an emerging player. Broad incumbents are Curve Finance and Balancer.
Does OpenSwap have an API?
No public API is recorded for OpenSwap.
What industry is OpenSwap in?
OpenSwap's product category is Decentralized Exchange (DEX) Protocol. Its primary akta.pro industry code is FSADAMAB, Decentralized Exchanges (DEX) & AMMs, with a secondary code of FSADABAA, Spot AMM DEXs. Its NAICS code is 52321 and its SIC code is 6200.