Quick Overview
Beamswap is a decentralized exchange running on the Moonbeam network. It tries to be more than a simple swap tool by adding staking, farming, and a launchpad for token sales. While it looks like a complete DeFi hub, its actual use tells a different story.
What It Offers
Beamswap combines several features that go beyond basic token swaps. These extras should make it stand out, but user activity remains low.
- AMM token swaps similar to Uniswap v2
- Yield farming pools paying out in GLINT
- A launchpad for new token offerings
- Cross-chain bridge with support for EVM networks
- Advanced trading tools like limit orders and zap swaps
GLINT Token and Economics
GLINT powers Beamswap governance, staking, and fee sharing. The supply is capped at 3 billion, with less than 1 billion in circulation. After peaking in early 2022, its price crashed and now trades at a fraction of its ATH. Market cap is under $200K, and daily trading activity is just a few hundred dollars.
Activity and Adoption
Trading volume across pairs is small, and liquidity is thin. Few active wallets remain, and adoption outside the Moonbeam niche is almost non-existent. Beamswap sits in the category of minor DEXs with limited reach.
Team and Development
The team stays mostly anonymous, yet updates continue. Development mentions a V3 upgrade with better routing, a new interface, and improved yield boosters. These changes show ongoing work despite low market traction.
Strengths and Weaknesses
- Strengths: Deep integration with Moonbeam, full DeFi toolkit, early access to token launches.
- Weaknesses: Very low liquidity, few supported tokens, low visibility outside its chain.
Who Should Use It
This exchange suits Moonbeam fans who enjoy experimenting with new protocols and farming yields. For traders who need high liquidity or large markets, it offers little value.