ParaSwap

ParaSwap

DEX aggregator finding the best token swap rates across multiple decentralized exchanges simultaneously with gas-optimized multi-path routing

Launch Year
2021
Consensus
Proof of Stake (Ethereum)
Max Supply
2,000,000,000 PSP
Block Time
~12 seconds (Ethereum)
PSP
PSP
ParaSwap
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap PSP Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

ParaSwap Price Chart

PSP / USD
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Data by CryptoCompare

About ParaSwap

ParaSwap is a DEX aggregator that finds the best token swap rates by simultaneously querying multiple decentralized exchanges and routing trades through optimal paths. By splitting orders across multiple DEXes, ParaSwap minimizes slippage and maximizes returns compared to trading on any single DEX. PSP is the governance token enabling holders to participate in protocol governance and earn transaction fee revenue. ParaSwap operates across Ethereum, Polygon, Avalanche, BNB Chain, Arbitrum, and Optimism, serving as multi-chain liquidity aggregation infrastructure.

History

2018
ParaSwap launches as a DEX aggregator on Ethereum
2021
PSP token launches via airdrop to historical users
2021
ParaSwap DAO forms; community governance activates
2022
ParaSwap expands to multiple chains beyond Ethereum
2023
ParaSwap integrates with major wallets and DeFi protocols as default aggregator

How to Swap PSP

Swapping ParaSwap (PSP) on SyntheticSwap requires no registration or KYC. PSP operates across multiple chains including Ethereum, making it compatible with MetaMask, Trust Wallet, Ledger, and most major Web3 wallets. Open SyntheticSwap, select PSP as your source or destination asset, enter your receiving wallet address, and confirm the floating rate. After sending PSP to the provided deposit address, the destination asset is delivered directly to your wallet. No personal information is ever collected — fully non-custodial.

How to Store PSP

Store PSP in MetaMask or any ERC-20 compatible Ethereum wallet. PSP can be staked for protocol fee revenue through ParaSwap's staking module.

Frequently Asked Questions