GammaSwap

GammaSwap is a decentralized exchange platform that enables users to trade cryptocurrency volatility through perpetual derivatives that mimic straddles, calls, and puts. The platform’s code is modular, enabling it to integrate with other automated market-making protocols (AMM) via constant function market makers (CFMM) or bonding curves. The exchange will initially be integrated into Uniswap V2, SushiSwap, and Balancer to provide its users with access to wrapped token liquidity pools and leveraged exposure to any token without the use of an oracle. The company planned to launch a beta testnet, shortly followed by a release to the Arbitrum mainnet in the first quarter of 2023.

Moreover, GammaSwap planned to launch an integration for Uniswap V3 to explore several areas within the DeFi sphere, such as interest rate swaps, tokenomics, and feeless swaps, among others.

Funding and financials

In February 2023, GammaSwap raised USD 1.7 million in seed funding from Skycatcher Crypto, Dialectic, Space Whale Capital, Modular Capital, Portico Ventures, and Ouroboros Capital, among many others. The company earmarked the funding to expand its employee base, audit new product ideas, and support marketing efforts.