How exoSwap Works
Last updated
Last updated
exoSwap is a hybridized CeDeFi service that allows asset swapping across multiple networks, while tapping into the worlds deepest liquidity pool (Binance/Mandala). exoSwap prevents attacks by enabling true cross-chain swaps, WITHOUT wrapped assets, and without minting.
exoSwap adds another layer of security by verifying that all assets have been deposited before they can be withdrawn. No deposit = no withdrawal. Through this CeDeFi technology, there is no way for exoSwap to trigger fraudulent withdrawals
To further this, Mandala shares hot-wallets with Binance, some would argue the most secure wallet architecture in crypto today. Aside from the high level of security, these hot-wallets are backed by Binances SAFU insurance policy, meaning while swapping or bridging on exoSwap, your funds are actually secured by this SAFU insurance policy.