Spookyswap is a decentralized exchange (DEX) with an automated market-making (AMM) on the Fantom Opera Network that is launched in April 2021. Spookyswap is a new player in the rapidly growing decentralized finance (DeFi) space and it has been gaining a lot of attention lately. The platform is built on the Fantom chain and aims to provide a fast, user-friendly, and secure platform for buying, selling, trading, farming, staking and bridging cryptocurrencies. Spooky's bridging tools have a wide selection of chains, including Ethereum, BSC, Polygon, Avalanche, Arbitrum, Cronos, OKC, and Harmony networks.
BOO tokens are SpookySwap’s governance tokens and are used to make decisions in governance votes. There are also other benefits of using and holding BOO tokens. The first innovative tool for BOO holders is Buyback and Partner Pools (BBPP). The platform buys back BOO tokens with a portion of its revenue from trading fees. Purchased BOO tokens are distributed on the BBP pools. Users can lock their BOO tokens on a BBP pool and earn more BOO tokens. SpookySwap’s decentralized buyback program is a very promising innovative solution for DEXs. Buyback programs are usually made manually with an executive order by the administration. But Spooky stands out in this.
One of the main selling points of Spookyswap is its user interface, which is well-designed and easy to navigate. The platform's interface is very user-friendly, making it accessible to even those who are new to DeFi. Additionally, the platform offers a fast and efficient trading experience, with transactions being processed in a matter of seconds. Another important feature of Spookyswap is its security. The platform uses smart contracts to ensure that funds are stored in a secure and decentralized manner. This means that users have full control over their funds and don't have to rely on a centralized entity to manage their assets.
Spookyswap also offers a range of services besides swap and exchange. The underlying Fantom chain allows the platform to provide fast and efficient bridging services. This variety of options makes the platform suitable for cryptocurrency investors of all levels, from beginner to advanced. Users can also use liquidity farms and pools to generate passive income by holding some tokens. In terms of liquidity, Spookyswap has a growing list of supported tokens and the platform is quickly attracting more users and traders, which is driving up liquidity.
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Product | Yield | Chain | Term | Yield | Yield Trend | TVL | TVL Trend | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFTM-BIFI
|
89.3%
|
Fantom Opera |
Instant Access
|
89.3%
|
$27,234
|
|||||||||||||||||||||||
WFTM-DAI
|
65.2%
|
Fantom Opera |
Instant Access
|
65.2%
|
$32,991
|
|||||||||||||||||||||||
WFTM-TOR
|
36.1%
|
Fantom Opera |
Instant Access
|
36.1%
|
$19,537
|
|||||||||||||||||||||||
WFTM-BEFTM
|
29.1%*
|
Fantom Opera |
Instant Access
|
29.1%*
|
$194,328
|
|||||||||||||||||||||||
USDC-WFTM
|
28.4%
|
Fantom Opera |
Instant Access
|
28.4%
|
$412,269
|
|||||||||||||||||||||||
FUSDT-WFTM
|
28%
|
Fantom Opera |
Instant Access
|
28%
|
$108,197
|
|||||||||||||||||||||||
WFTM-SPELL
|
27.1%*
|
Fantom Opera |
Instant Access
|
27.1%*
|
$31,062
|
|||||||||||||||||||||||
WFTM-BTC
|
20.7%
|
Fantom Opera |
Instant Access
|
20.7%
|
$106,471
|
|||||||||||||||||||||||
WFTM-DEUS
|
19.5%
|
Fantom Opera |
Instant Access
|
19.5%
|
$516,926
|
|||||||||||||||||||||||
WFTM-BEETS
|
19.4%*
|
Fantom Opera |
Instant Access
|
19.4%*
|
$19,772
|
|||||||||||||||||||||||
WFTM-MIM
|
18.2%*
|
Fantom Opera |
Instant Access
|
18.2%*
|
$696,849
|
|||||||||||||||||||||||
WFTM-BOO
|
16.8%
|
Fantom Opera |
Instant Access
|
16.8%
|
$1,367,925
|
|||||||||||||||||||||||
WFTM-MULTI
|
16.6%
|
Fantom Opera |
Instant Access
|
16.6%
|
$25,594
|
|||||||||||||||||||||||
USDC-BOO
|
16.1%
|
Fantom Opera |
Instant Access
|
16.1%
|
$15,109
|
|||||||||||||||||||||||
WFTM-SCREAM
|
14.7%*
|
Fantom Opera |
Instant Access
|
14.7%*
|
$14,143
|
|||||||||||||||||||||||
LQDR-WFTM
|
13.4%*
|
Fantom Opera |
Instant Access
|
13.4%*
|
$13,045
|
|||||||||||||||||||||||
WFTM-ETH
|
12.9%
|
Fantom Opera |
Instant Access
|
12.9%
|
$175,429
|
|||||||||||||||||||||||
WFTM-TREEB
|
9.13%
|
Fantom Opera |
Instant Access
|
9.13%
|
$105,614
|
|||||||||||||||||||||||
WFTM-BRUSH
|
5.57%*
|
Fantom Opera |
Instant Access
|
5.57%*
|
$14,754
|
|||||||||||||||||||||||
WFTM-AVAX
|
4.6%
|
Fantom Opera |
Instant Access
|
4.6%
|
$41,016
|
Based on a total of 30 reviews across the web for Spookyswap we gave the platform an overall rating of 68%.
Overall User Rating |
|
30 reviews 30 |
Cryptowisser |
|
26 reviews 26 |
Trustpilot |
|
3 reviews 3 |
Is This Coin a Scam |
|
1 review 1 |
Cryptoticker | ||
Journal Du Coin | ||
Altcoin Buzz | ||
Asia Crypto Today | ||
Be In Crypto | ||
Show 12 more expert reviews ... |
Exchange maker fee | 0.2% |
Exchange taker fee | 0.2% |
Spookyswap supports over 100 currencies including Ethereum, Tether USDt, Avalanche and Chainlink.
USDT Tether USDt | Tether USDt |
Automatic market maker | Yes |
Year founded | 2021 |
Decentralised | Yes |
Non-custodial | Yes |
Savings accounts | Yes |
Loans | No |
Crypto to crypto exchange | Yes |
Fiat to crypto exchange | No |
Margin trading | No |
Futures exchange | No |
Maker fee | 0.2% more ...0% |
Taker fee | 0.2% more ...0% |
https://spooky.fi/ |
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