what's KongSwap?

KongSwap is a decentralized exchange (DEX) built on the Internet Computer Protocol (ICP). Launched in October 2024, it enables users to swap tokens directly from their wallets without intermediaries, offering fast transactions, low fees, and enhanced security leveraging ICP's infrastructure. Positioned as a "SuperDex," it supports seamless cross-chain trading for native tokens from chains like Bitcoin, Ethereum, Solana, and ICP using bridgeless technology. KongSwap utilizes ICP's Chain Fusion for direct cross-chain interactions without bridges or wrappers. Its smart contracts employ high-performance stable memory, capable of handling up to 400GB for advanced on-chain features like trading algorithms, prediction markets, and real-time data processing. The native token KONG serves for governance and staking rewards within the ecosystem.

KongSwap shut down operations in Q1 2026 due to liquidity collapse.

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