Coinranking
Coin listings
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New coin listings
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We have not listed any new coins for Switcheo
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Markets
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| No market for Switcheo We have not listed any markets for Switcheo recently. | |||
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About Switcheo
Switcheo Exchange: Quick Facts
Switcheo Exchange was a decentralized exchange (DEX) launched in Singapore in February 2018. It supported multiple blockchains (NEO, Ethereum, EOS) and allowed non-custodial trading.
Key Points:
- Launch: February 2018, Singapore.
- Type: Decentralized Exchange (DEX).
- Key Feature: Non-custodial trading (users kept control of funds), multi-chain support.
- Native Token: SWTH (for fees and benefits).
- Decommissioned: The original Switcheo Exchange officially ceased trading on April 30, 2021.
- Reason for Decommission: Strategic pivot by Switcheo Labs to focus on building more advanced decentralized finance (DeFi) protocols.
- Current Focus of Switcheo Labs: Developing core DeFi infrastructure, primarily:
- Demex: A fully decentralized trading platform.
- Carbon: A Layer 2 cross-chain trading protocol for complex financial instruments.
- SWTH Token Status: Still active and used within the new Demex and Carbon ecosystems for staking, governance, and fees.
In Summary:
The original Switcheo Exchange is no longer operational for trading. Its parent company, Switcheo Labs, transitioned to developing underlying DeFi protocols like Demex and Carbon, which are active today. Do not attempt to trade on the old Switcheo Exchange.