ParaSwap

ParaSwap is a decentralized exchange aggregator that provides the best prices over multiple DEXs on the Ethereum blockchain.

ParaSwap aggregates multiple decentralized exchanges into one place so that the rates often beat the market price.

ParaSwap was founded in 2019 by Mounir Benchemled. The company is headquartered in Paris, Paris, France.

 

ParaSwap splits orders across multiples exchanges into one optimized and secure transaction. It also use GasToken.io (GST2), when possible, so that network fees are cheaper.

 

ParaSwap claims to have facilitated nearly $2 billion worth of trading volume since the launch. The platform has 65,000 users in total.

 

ParaSwap is backed by Blockchain Capital, Alameda Research, White Star Capital, DeFi Alliance, Arrington XRP Capital and others. The company raised $3M in a Seed extension round on May 10, 2021. This brings ParaSwap's total funding to $5.7M to date.

 

 

  • Year founded: 2019
  • Funding Info: $5.7M over 2 Rounds (Latest Funding Type: Seed- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Paris
  • State: Paris
  • Country: France
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