InterSwapX

Inspiration

• Users need to continuously bridge to separate chains to grab their assets.
• Current aggregators present in Cosmos only aggregate assets on a single chain
• Due to this the best price the user can get on that chain is limited to the liquidity of that asset on that chain
• Or worse, if that asset is not on chain then user can't exchange that asset.

What it does

• Aggregates liquidity across dexes on all chains to grab the best pools
• Uses IBC to swap tokens crosschain via interchain messaging and Osmosis' crosschain calls
• Set up a relayer in between testnets of Osmosis , Injective and Neutron

Revenue Model

• Monitor positive slippage in a swap , and if there is any , grab a percentage of the slippage as fee
• Platform governance

Tech Stack

• Cosmwasm
• Relayer in Hermes
• Injective, Neutron and Osmosis
• Rust and TS

Challenges we ran into

• Neutron RPC issue

What's next for InterSwapX

• Improving the SDK for better routes and prices
• Introduce multi-hops for multiple chains using ICS-999

Built With

• cosmwasm
• injective
• neutron
• osmosis
• react
• relayers