# AirSwap > Trade with confidence AirSwap is a peer-to-peer token trading protocol. It lets users swap tokens directly with market makers and known counterparties, with prices agreed off-chain and each trade settled on-chain in a single atomic transaction. AirSwap is a peer-to-peer trading protocol for swapping standard digital tokens between two parties without deposits, escrow, or a pooled order book. Prices are agreed off-chain and each swap settles on-chain in one atomic transaction that either completes for both sides or reverts. It runs on multiple EVM blockchains. Market makers connect through two automated protocols: request-for-quote, where they answer client requests with signed orders, and LastLook, where they stream prices and complete orders that clients sign. Over-the-counter trades between known counterparties use the same settlement contracts, and swaps are secured by mutual cryptographic signatures. Wallets and aggregators can source AirSwap quotes through its RFQ protocol. Its own apps include the AirSwap DEX web app, a forkable NFT marketplace framework, and the AirSwap DAO dashboard, where AST holders stake to vote on improvement proposals and earn a share of protocol fees. AirSwap is used by traders, market makers, wallets, and aggregators across EVM networks. - Type: Protocol - Sector: Finance - Status: Active - Founded: 2017-10-10 - Profile: https://thegrid.id/profiles/airswap ## Products - [AirSwap DEX](https://thegrid.id/profiles/airswap): AirSwap DEX is a self-custodial peer-to-peer trading protocol with off-chain price negotiation and on-chain atomic swap settlement. The system uses RFQ and LastLook streaming protocols for market maker liquidity, with swaps secured by mutual EIP-712 cryptographic signatures. OTC trading between known counterparties uses the same settlement layer across multiple EVM-compatible chains. (Decentralised Exchange, Live, Main Product) - [AirSwap NFT Marketplace](https://thegrid.id/profiles/airswap): AirSwap NFT Marketplace is an open-source, forkable framework for peer-to-peer NFT trading. The system uses the AirSwap Swap contract for atomic settlement of ERC-721 transfers secured by cryptographic signatures between counterparties. It supports ERC-2981 royalty standards and allows anyone to deploy customized marketplace instances by forking the public repository. (NFT Marketplace, Live) - [AirSwap DAO](https://thegrid.id/profiles/airswap): AirSwap DAO is a governance and rewards dashboard for AST token holders. The system uses smart contract-based AST staking for proposal voting via Snapshot, with a Pool contract distributing protocol fee-derived rewards to voters. Contributor tips are distributed monthly through Coordinape epochs based on peer evaluation. (DAO Management Platform, Live) ## Assets - [AirSwap Token (AST)](https://thegrid.id/profiles/airswap): AST is the governance token of AirSwap. It is used for staking, voting on protocol proposals, and earning a share of protocol fee rewards on the AirSwap network. The reward system distributes fees on a curve formula, where the share each staker earns scales with the number of staked AST tokens used to vote on proposals. (Governance) ## Links - [Main](https://www.airswap.xyz) - [Documentation](https://about.airswap.xyz) - [Privacy policy](https://www.airswap.xyz/privacy-policy) - [Governance](https://snapshot.box/#/s:vote.airswap.eth) - [Twitter / X](https://x.com/airswap) - [Discord](https://discord.gg/ecQbV7H) - [GitHub](https://github.com/airswap) - [Telegram](https://t.me/airswapofficial) - [Medium](https://medium.com/airswap) ## Legal This data is provided under two licensing models. Model 1 - open data. 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