Swap, Earn, & Build On The leading Decentralized Crypto Trading Protocol.

Frequently Asked Questions

Answers For The Most Asked Questions.

The Phiswap Protocol is an open-source protocol for providing liquidity and trading PHI Smart Chain (PHI20 tokens). It eliminates trusted intermediaries and unnecessary forms of rent extraction, allowing for safe, accessible, and efficient exchange activity. The protocol is non-upgradable and designed to be censorship resistant.

The Phiswap Protocol and the Phiswap Interface were developed by PHI Labs.

Check out the Introduction section of our docs for more info on the different roles played by PHI Labs, the Interface, and the Protocol.

To create a new liquidity pool, provide liquidity, swap tokens, or vote on governance proposals, head over to the Phiswap Interface and connect a Web3 wallet. Remember, each transaction on PHI Smart Chain Costs PHI (Φ). For a more detailed walkthrough, check out our Help Guides.

If you’re a developer interested in building on top of the Phiswap Protocol, please refer to our extensive docs.

Phiswap is an automated market maker. In practical terms, it is a collection of smart contracts that define a standard way to create liquidity pools, provide liquidity, and swap assets.

Each liquidity pool contains two assets. The pools keep track of aggregate liquidity reserves and the pre-defined pricing strategies set by liquidity providers. Reserves and prices are updated automatically every time someone trades. There is no central order book, no third-party custody, and no private order matching engine.

Because reserves are automatically rebalanced after each trade, a Phiswap pool can always be used to buy or sell a token — unlike traditional exchanges, traders do not need to match with individual counter-parties to complete a trade.

For a more in-depth description, check out the Concepts from the documentation.


A growing network of DeFi Apps.

Developers, traders, and liquidity providers participate together in a financial marketplace that is open and accessible to all.


Superpowers for DeFi developers.

Build Defi apps and tools on the largest crypto project on PHI. Get started with quick start guides, protocol documentation, a Javascript SDK, and fully open source code.
Liquidity Providers

Phiswap Algorithmic Whale

Phiswap Is A Decentralized Automated Market Maker Securing You The Best Available Rates In the PHI20 Token Markets. Phiswap Is Built on PHI Smart Chain. Phiswap Implements A Novel Market Making Technology Called An "Algorithmic Whale" This Smart Contract Allows For Long Term Market Opportunity & Stability Where Everyone Can Participate & No One Can Manipulate. Opening Up A Whole New World Of Possibilities For Humanity.

Governed by the community.

The PHISWAP Protocol is managed by a global community of PHI holders and delegates.
Governance Forum
Participate by proposing upgrades and discussing the future of the protocol with the Phiswap community.
PHI Network
Vote on PHIchain proposals with the Snapshot interface. Votes are weighted by the number of PHI delegates.
Governance Portal
Vote on official Phiswap governance proposals and view past proposals.