Quickswap is a decentralized level 2 (DEX) exchange powered by Polygon aka Matic Network. Quickswap aims to solve major problems by adopting Matic’s Layer 2 scalability solution. It is the fork version of Uniswap DEX that introduced automated market maker technology for the growth of the DeFi industry. The platform offers lightning speed when trading and charges almost zero transaction fees.
Quickswap allows the user to exchange any ERC20 token with a fully decentralized environment.
In the growing demand for DEX and the number of users continue to create huge problems such as network congestion and slower transaction speeds. therefore, the level 2 solution could be the turning point because it will solve the main problems that come in the evolution of DeFi.
Basically, QuickSwap will bring back the DEX user, who is gone because on average they pay higher gas fees. in order to complement a business user who pays more than $30 in gas taxes for faster transactions. Quickswap also has a feature similar to Uniswap, where the user can add tokens via the contract address and also perform actions such as yield farming, staking, liquidity provision, and more.
QuickSwap Price Prediction
| Month & Year | RAPID PRICE FORECASTING |
|---|---|
| September 2022 | US$ 76.82 |
| October 2022 | US$ 114.09 |
| September 2022 | US$ 127.27 |
| December 2022 | US$ 134.73 |
| January 2023 | US$ 145.05 |
| February 2023 | US$ 107.78 |
| April 2023 | US$ 127.27 |
| April 2023 | US$ 139.89 |
| May 2023 | US$ 165.69 |
| June 2023 | US$ 169.13 |
| September 2023 | US$ 184.61 |
| December 2023 | US$ 197.22 |
| April 2024 | US$ 190.91 |
| July 2024 | US$ 222.44 |
| October 2024 | US$ 203.52 |
| January 2025 | US$ 226.46 |
| February 2025 | US$ 496.49 |
| April 2025 | US$ 510.24 |
| April 2025 | US$ 561.84 |
| May 2025 | US$ 570.44 |
| June 2025 | US$ 584.78 |
| July 2025 | US$ 653.57 |
| July 2025 | US$ 756.77 |
| September 2025 | US$ 690.26 |
| October 2025 | US$ 676.50 |
| October 2025 | US$ 791.17 |
| December 2025 | US$ 814.10 |
| January 2030 | US$ 1,748.59 |
| April 2030 | US$ 1,857.52 |
| May 2030 | US$ 2,086.84 |
| July 2030 | US$ 1,920.58 |
| September 2030 | US$ 2,212.97 |
| December 2030 | US$ 2,293.24 |
Quickswap Overview
| Project name | Quickswap |
| Ticker symbol | Quick |
| Total supply | 1,000,000 |
| Official website | Quickswap.exchange |
| Based on | Dex |
| Launch year | 2020 |
| Supported chain | Matic |
| Exchange platform | Quickswap, Coinbase, Binance, Gate, Uniswap, Poloniex, DFYN Exchange |
| wallet | Metamask |
| partner | Iron Finance, Relay Chain, Impermax Finance |
Quick analysis of token prices
QUICK Token is a DEX-based currency that will have a similar use case to the UNI token for Uniswap DEX. QUICK has a limited offering of 1 million tokens with 75% distributed within the community. Token’s two main use cases will be Governance and Staking, which will help strengthen the protocol along with future development growth. Each Quick token holder can earn a reward for staking and eligible voting in the governance system. The liquidity provider can earn incentives from the trading pool from the transaction fees generated on the platform. CMC reported an average opening price of $430 USD and at the time of writing reached the all-time $1310 record in the 2nd bull run.
conclusion
Quickswap is focusing exclusively on one and one of the most scalable blockchain networks, namely Polygon. as we know, from the rebranding of the Polygon layer 2 solution headline in the blockchain community with performance and low transaction cost. in the 2nd bull run of crypto Polygon grows massively in terms of user volume and market capitalization. Quickswap DEX has completed millions of transactions and continues to set a new record in the DEX transaction. however, the multi-chain DEX is also being launched following a new trend and could give strong competition to Quickswap.
