In Q4 2025, SwapKit’s primary strategic objective was to expand our blockchain coverage, diversify our provider ecosystem, and enhance platform functionality to strengthen our position as the most comprehensive cross-chain swap aggregation platform.
We recognized that supporting emerging high-performance chains, enabling integrators to access multiple liquidity providers, and delivering improved developer tools and infrastructure would drive sustainable growth while reducing concentration risk.
The release of our V3 API with dynamic pricing structure is a transformative milestone, delivering a streamlined developer experience, improved performance and product competitiveness.
Through onboarding new wallet partners like CoolWallet, Zypto, and Coin98, strategic provider diversification with Chainflip activations across multiple integrators, and expanded Near-Intents protocol activations for Ledger and OneKey, we achieved remarkable growth in this quarter. We drove swap volume from $691 million in Q3 to $1.59 billion in Q4 – a 129% quarter-over-quarter increase and our first quarter with over $1B in volume.
This growth trajectory validated our thesis: expanding chain coverage, diversifying liquidity sources, and improving developer tooling would strengthen SwapKit’s market position. We’re now positioned for continued expansion and new major wallet partnerships in 2026.

This quarter, we paid close attention to three main metrics:
Activation of high-volume, popular and trendy chains for large clients contributed to a big increase in unique wallet addresses using SwapKit services.


| Month | Total Swap Volume (USD) | MoM Growth |
|---|---|---|
| April | $95,795,409.10 | — |
| May | $166,416,128.50 | +74% |
| June | $208,333,674.40 | +25% |
| July | $175,482,661.10 | -16% |
| August | $250,405,514.30 | +43% |
| September | $265,327,236.20 | +6% |
| October | $446,053,907.10 | +68% |
| November | $722,510,501.20 | +62% |
| December | $416,816,528.90 | -42% |
We are showing the total monthly DEX volume to help put SwapKit volume into perspective of the overall market conditions. December is marked with the holiday season which often sees lower volume.


| Month | Unique Addresses (MAU) | MoM Growth |
|---|---|---|
| April | 4,611 | — |
| May | 5,911 | +28% |
| June | 9,164 | +55% |
| July | 16,361 | +79% |
| August | 50,763 | +210% |
| September | 101,906 | +101% |
| October | 109,320 | +7% |
| November | 103,282 | -6% |
| December | 89,608 | -13% |


| Month | Total Transactions | MoM Growth |
|---|---|---|
| April | 7,318 | — |
| May | 10,075 | +38% |
| June | 13,085 | +30% |
| July | 22,327 | +71% |
| August | 72,537 | +225% |
| September | 164,190 | +126% |
| October | 178,960 | +9% |
| November | 160,740 | -10% |
| December | 141,983 | -12% |

A credit-card–sized hardware wallet designed for secure and portable crypto storage, using a secure element chip with a slim, waterproof design and encrypted Bluetooth connection to pair with a mobile app.
Website: https://www.coolwallet.io/
A multi-chain self-custody crypto wallet and payments app focused on real-world usability, supporting swaps, staking, NFTs, and dApp access alongside crypto debit card and merchant payment features.
Website: https://zypto.com/
A multi-chain, non-custodial crypto wallet (part of the broader Coin98 ecosystem) supporting dozens of blockchains with built-in swaps, cross-chain bridging, staking, and dApp access.
Website: https://coin98.com/

Market Daily Volume: $100M+
Stablecoin Market Cap: $420M+
TVL: $220M+
SwapKit was a day-one launch partner, integrating Monad support from the moment the mainnet went live. Monad is a high-performance, Ethereum-compatible Layer-1 blockchain that launched its public mainnet on November 24, 2025.
Website: https://www.monad.xyz/
Market Daily Volume: $400M+
Stablecoin Market Cap $500M+
TVL: $930M+
Sui is a high-performance Layer-1 blockchain built by Mysten Labs using the Move programming language and an object-centric data model, with parallel transaction execution for low-latency, high-throughput applications. It uses delegated Proof-of-Stake consensus and is optimized for consumer-facing applications like DeFi, gaming, NFTs, and social platforms while maintaining strong security.
Website: https://www.sui.io/
Market Daily Volume: $15M+
Stablecoin Market Cap $170M+
TVL: $160M+
Berachain is a high-performance, EVM-compatible Layer-1 blockchain that uses a novel Proof-of-Liquidity consensus mechanism linking network security to DeFi liquidity provision and operates with a three-token model (BERA for gas, BGT for governance, and HONEY as a stablecoin). It’s built on the Cosmos SDK framework and maintains Ethereum tooling compatibility, enabling easy smart contract deployment while benefiting from Cosmos interoperability.
Website: https://www.berachain.com/
Market Daily Volume: $5M+
Stablecoin Market Cap $100M+
TVL: $130M+
Gnosis Chain is an Ethereum-compatible sidechain (formerly xDai Chain) that enables fast, low-fee transactions using a stablecoin-based fee model and supports DeFi applications through integration with GnosisDAO governance. The ecosystem includes key infrastructure like Gnosis Safe for multisignature wallet security and CoW Protocol for DEX trading with MEV protection, serving applications across payments, NFTs, and DeFi.
Website: https://www.gnosis.io/chain
In Q4, one of SwapKit’s main goals was to help customers integrate new providers to increase provider diversity and enable their end users to receive the best and fastest quotes across the crypto landscape.
Activations:
Our V3 services are now live in production, delivering a streamlined developer experience alongside significant performance improvements. The new architecture reduces integration complexity and improves response times across all endpoints.
Check [SwapKit Docs] for more details.
API V2 pricing was a flat 20bps for all swaps.
Service fees have been restructured for V3 users, offering more competitive pricing, and allowing SwapKit to be more aggressive in capturing market share. Integrators still have clarity over what is the max service fee SwapKit can charge. We can better react to competitor’s live quotes and participate in more promotional campaigns from events or chain launches.
| Swap – V3 Pricing | Standard Pricing |
|---|---|
| Size: $0 – $500k | 15bps max |
| Size: $500k – $1M | 12bps max |
| Size: $1M+ | 10bps max |
| Stablecoin <> Stablecoin | 1bp max |
Harbor has chosen SwapKit as their protocol launch partner. Founded by a team of expert builders with experience at AirSwap and Thorchain, Harbor represents a natural collaboration given our shared history in the cross-chain ecosystem. Harbor closed a $4.2M round and our teams continue to work closely on integration and growth initiatives.
Our swap API now returns PCZT-compatible transactions across multiple versions, complementing existing ZCash PSBT support. This highly requested feature enables broader ZCash trading support for clients using the native Rust library.
In collaboration with the NEAR Intents protocol team, we’ve delivered support for collecting affiliate fees in any requested asset. This unlocks stablecoin fee collection for all clients, improving revenue predictability and reducing accounting overhead.
We’ve rebuilt our swap monitoring infrastructure with scalability in mind, creating a more robust foundation for reporting, analytics, and future product enhancements.
Every transaction initiated through our API is now systematically captured and indexed into a unified data platform. This allows us to track activity end-to-end, maintain a complete historical record, and turn raw on-chain activity into structured, queryable insights.
For partners, this means clearer visibility into volumes, performance, and trends—powering richer dashboards, more accurate reporting, and faster access to the data that matters most. It also unlocks new capabilities over time, from deeper analytics to more intelligent tooling built directly on top of this data layer.
SwapKit develops technologies and operates services enabling non-custodial, permissionless cross-chain trading for wallets, dApps, and crypto platforms. Through its API and SDK, SwapKit enables seamless swaps across multiple chains – including Bitcoin — to let users trade native assets in a single transaction without handling the underlying complexity.
SwapKit integrators benefit from a unified API to get access to multiple providers, abstracting away integration complexities. Integrators can monetize their SwapKit integration using tailor-made tools to easily configure and collect swap fees. SwapKit supports address AML checks, transaction status tracking, and multi-chain wallet interaction. With fully open-source smart contracts and a continuously expanding chain / asset coverage, SwapKit empowers projects to embed composable cross-chain DeFi capabilities efficiently.
For media enquiries, please contact: [email protected]
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Bitcoin Cash was already live through THORChain, enabling native trustless swaps. By adding support through NEAR Intents, SwapKit now offers two independent providers for BCH execution. This brings greater reliability, more routing flexibility, and stronger competition for best execution.
BCH holders and builders now benefit from deeper liquidity, improved fallback pathways, and a smoother overall swapping experience — all through a single SwapKit integration.
Bitcoin Cash plays an important role as a fast, low-fee UTXO asset with a strong global user base. By expanding BCH routing beyond THORChain, SwapKit now strengthens BCH connectivity across the multi-chain ecosystem.
Before this update, BCH swaps relied solely on THORChain’s native liquidity.
Now SwapKit can route trades through:
This dual-provider setup ensures better uptime and more reliable execution during periods of volatility, congestion, or maintenance.
NEAR Intents introduces an additional path for cross-chain BCH swaps.
SwapKit’s router automatically evaluates:
…to choose the optimal provider for each trade.
More providers = more competitive pricing.
Through NEAR Intents, BCH swaps can connect with more networks, including:
This extends BCH’s reach into ecosystems not directly covered by THORChain alone.
Wallets, dApps, and exchanges integrating SwapKit now get:
SwapKit abstracts away the complexity of UTXO-based routing, multi-provider liquidity, and intent execution. Developers interact with a single swap interface, while SwapKit handles the following underneath:
Whether the optimal route for BCH is THORChain or NEAR Intents, the SwapKit API makes the experience identical for integrators and seamless for users.
For BCH users across integrated wallets and dApps, this update brings:
Two independent decentralized providers improve success rates across volatile market conditions.
Intent-based routes often resolve quickly, enabling low-friction cross-chain flows.
New paths connect BCH to ecosystems like Solana, NEAR, Tron, and more.
SwapKit chooses the most efficient route automatically.
Users now get a cleaner, more complete cross-chain experience — whether swapping BCH to BTC, BCH to ETH, or BCH into assets across other L1 and L2 ecosystems.
The addition of NEAR Intents strengthens BCH’s position as a core L1 asset in the cross-chain economy. With both THORChain and NEAR Intents now live, BCH enjoys:
This upgrade highlights SwapKit’s broader mission:
increase reliability, reduce fragmentation, and give developers a unified way to access cross-chain liquidity across dozens of chains and providers.
Bitcoin Cash is a decentralized, peer-to-peer cryptocurrency focused on fast, low-cost payments and scalable on-chain transactions. Launched in 2017 as a continuation of Bitcoin’s peer-to-peer cash vision, BCH uses a UTXO model, enabling high throughput and reliable settlement without sacrificing decentralization.
With low transaction fees and broad global usage, Bitcoin Cash is a popular asset for commerce, payments, and everyday transactions.
Learn more at: https://bitcoincash.org
SwapKit develops technologies and operates services enabling non-custodial, permissionless cross-chain trading for wallets, dApps, and crypto platforms. Through its API and SDK, SwapKit enables seamless swaps across multiple chains – including Bitcoin — to let users trade native assets in a single transaction without handling the underlying complexity.
SwapKit integrators benefit from a unified API to get access to multiple providers, abstracting away integration complexities. Integrators can monetize their SwapKit integration using tailor-made tools to easily configure and collect swap fees. SwapKit supports address AML checks, transaction status tracking, and multi-chain wallet interaction. With fully open-source smart contracts and a continuously expanding chain / asset coverage, SwapKit empowers projects to embed composable cross-chain DeFi capabilities efficiently.
For media enquiries, contact [email protected]
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We’re excited to announce the SwapKit ELLIPAL integration, enabling ELLIPAL hardware wallet users to seamlessly access cross-chain swaps across major blockchains.
With SwapKit integrated, ELLIPAL’s secure, mobile-first ecosystem now routes trades through NEAR Intents and Chainflip — delivering native swaps without wrapped assets or centralized bridges.
ELLIPAL is a leading air-gapped hardware wallet, designed to keep private keys completely isolated from online threats. With its mobile companion app, ELLIPAL makes it simple for users to:
By integrating SwapKit, ELLIPAL combines its air-gapped security with best-in-class cross-chain liquidity, giving users the freedom to swap assets natively across ecosystems.
By adding the SwapKit SDK, ELLIPAL now delivers:
Native cross-chain swaps — BTC, ETH, SOL, ZEC, and more
Multi-provider routing — access liquidity from NEAR Intents and Chainflip.
Best execution — SwapKit automatically selects the optimal venue for pricing, reliability, and settlement speed.
Seamless user experience — swaps happen inside the ELLIPAL app with air-gapped transaction signing.
Future-proof integration — support for new providers and chains can be enabled with minimal changes.
The ELLIPAL x SwapKit integration shows how hardware wallets can:
For ELLIPAL’s community, this means peace of mind: every cross-chain swap is non-custodial, secure, and efficient.
The addition of ELLIPAL as a SwapKit integrator underscores our mission: to make cross-chain swaps as seamless as same-chain transfers.
SwapKit is the plug-and-play cross-chain engine powering the decentralized economy.
SwapKit develops technologies and operates services enabling non-custodial, permissionless cross-chain trading for wallets, dApps, and crypto platforms. Through its API and SDK, SwapKit enables seamless swaps across multiple chains – including Bitcoin — to let users trade native assets in a single transaction without handling the underlying complexity.
SwapKit integrators benefit from a unified API to get access to multiple providers, abstracting away integration complexities. Integrators can monetize their SwapKit integration using tailor-made tools to easily configure and collect swap fees. SwapKit supports address AML checks, transaction status tracking, and multi-chain wallet interaction. With fully open-source smart contracts and a continuously expanding chain/asset coverage, SwapKit empowers projects to embed composable cross-chain DeFi capabilities efficiently.
For media enquiries, contact [email protected]
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This integration connects THORChain’s native liquidity with the broader multi-provider ecosystem, unlocking intent-based routing via NEAR Intents, native routing via Maya Protocol, and single-chain execution via 1inch — all unified through SwapKit’s routing layer.
The result is a faster, more flexible, and more complete swapping experience for users.
THORChain has always served as the leading venue for trustless, native asset swaps — enabling BTC, ETH, BNB, ATOM, BCH, LTC, and more to be swapped without bridges or wrapped tokens.
With SwapKit now powering its official DEX UI, THORChain gains a modular, multi-provider swap engine that extends far beyond its own liquidity pools.
Through this integration:
SwapKit combines these providers into one seamless routing layer — automatically selecting the best path for every trade.
SwapKit is a unified SDK that abstracts away cross-chain logic, multi-provider routing, and chain-specific quirks. It connects decentralized liquidity providers including:
THORChain’s DEX now benefits from a unified execution layer:
BTC
EVM flowsFor anyone swapping on swap.thorchain.org, the result is a more complete, more reliable, and more efficient trading experience:
Whether you’re swapping BTC to SOL, ETH to RUNE, ARB to BTC, or performing a simple ETH to USDC swap, the SwapKit SDK ensures routing is always optimized — automatically.

For the THORChain developer ecosystem, this integration demonstrates a new model for cross-chain DEX design:
By using SwapKit, THORChain’s UI becomes future-proof. As new liquidity venues, chains, or providers come online, they can be added without disrupting the interface or user flow.
This is the blueprint for the next generation of multi-chain DEX architecture.
THORChain pioneered the concept of native cross-chain swaps.
With SwapKit now powering the frontend, the THORChain DEX evolves into a multi-provider swapping hub, combining:
For users, that means better pricing, more routes, and faster execution.
For builders, it’s proof that open, modular, decentralized routing is the future of cross-chain UX.
THORChain is a decentralized liquidity protocol that enables native, trustless swaps between major Layer-1 assets — including Bitcoin, Ethereum, Binance Coin, Litecoin, Bitcoin Cash, ATOM, and more — without the use of wrapped tokens or bridges. Powered by its native asset $RUNE, THORChain secures liquidity pools and facilitates cross-chain settlement while allowing users to retain full custody of their assets.
Developers can build wallets, DEXs, and applications on top of THORChain to offer seamless native swaps across multiple ecosystems. With a focus on decentralization, permissionless liquidity, and robust uptime, THORChain serves as a foundational layer for the future of cross-chain finance.
Learn more at: https://thorchain.org
SwapKit develops technologies and operates services enabling non-custodial, permissionless cross-chain trading for wallets, dApps, and crypto platforms. Through its API and SDK, SwapKit enables seamless swaps across multiple chains – including Bitcoin — to let users trade native assets in a single transaction without handling the underlying complexity.
SwapKit integrators benefit from a unified API to get access to multiple providers, abstracting away integration complexities. Integrators can monetize their SwapKit integration using tailor-made tools to easily configure and collect swap fees. SwapKit supports address AML checks, transaction status tracking, and multi-chain wallet interaction. With fully open-source smart contracts and a continuously expanding chain / asset coverage, SwapKit empowers projects to embed composable cross-chain DeFi capabilities efficiently.
For media enquiries, contact [email protected]
Follow us for more updates:
This update strengthens LTC’s role as a fast, low-cost UTXO asset within the broader cross-chain ecosystem — while giving SwapKit partners a more flexible and robust swapping experience.
LTC swaps are now supported through:
This dual-provider setup improves reliability and reduces dependency on any single network.
Integrators automatically benefit from:
SwapKit’s unified API handles quoting, routing, and execution across both providers without requiring new code.
Multi-provider support ensures users can still execute swaps even when:
This is especially valuable for wallets and platforms supporting LTC as a base asset.
With NEAR Intents added, LTC holders can move more smoothly across multiple chains and assets, benefiting from a cleaner, more consistent swap experience.
Litecoin is one of the most established cryptocurrencies, known for:
Its UTXO design makes it a strong fit for native cross-chain liquidity systems, and the addition of NEAR Intents further enhances its connectivity.
SwapKit’s routing engine automatically chooses the best provider based on:
No additional work is required from integrators.

The addition of NEAR Intents gives LTC users and integrators:
More competition between providers = better pricing and deeper liquidity.
If one provider experiences delays or volatility, SwapKit can route through the other.
Wallets and dApps can offer LTC swaps confidently across more networks.
Redundancy is a core requirement of any mission-critical swap flow.
With Litecoin now live on both THORChain and NEAR Intents, SwapKit expands its support for UTXO assets and strengthens its multi-provider infrastructure.
This update reflects our mission to make cross-chain swaps:
More providers.
More pathways.
Better routing.
That’s the foundation of the cross-chain future.
SwapKit develops technologies and operates services enabling non-custodial, permissionless cross-chain trading for wallets, dApps, and crypto platforms. Through its API and SDK, SwapKit enables seamless swaps across multiple chains – including Bitcoin — to let users trade native assets in a single transaction without handling the underlying complexity.
SwapKit integrators benefit from a unified API to get access to multiple providers, abstracting away integration complexities. Integrators can monetize their SwapKit integration using tailor-made tools to easily configure and collect swap fees. SwapKit supports address AML checks, transaction status tracking, and multi-chain wallet interaction. With fully open-source smart contracts and a continuously expanding chain / asset coverage, SwapKit empowers projects to embed composable cross-chain DeFi capabilities efficiently.
For media enquiries, contact [email protected]
Follow us for more updates:
Through this integration, CoolWallet now supports both cross-chain and single-chain swaps using SwapKit’s complete provider suite: THORChain, NEAR Intents, Chainflip, and Maya Protocol. This brings fast, non-custodial swap execution to CoolWallet users across hardware, mobile, and in-app interfaces — all without relying on wrapped assets or bridges.
CoolWallet now taps into SwapKit’s full routing engine, covering a wide set of chains through multiple providers.
THORChain support includes assets on Ethereum, BNB Smart Chain, Avalanche C-Chain, Base, and Cosmos (ATOM).
NEAR Intents support covers BTC, Solana, ETH, XRP, Arbitrum, Base, BSC, Avalanche, Tron, Polygon, Optimism, Dogecoin, and Litecoin.
Chainflip support enables swaps across BTC, ETH, Solana, and Arbitrum.
Maya Protocol support adds coverage for ETH and Arbitrum for native EVM-to-EVM flows.
This gives CoolWallet one of the deepest multi-provider swap portfolios available in any hardware wallet today — with more chains coming through the same integration.
Users can swap directly between Bitcoin, Ethereum, Solana, Cosmos assets, and major EVM networks with no bridging or wrapping. Flows like BTC → ETH, SOL → BTC, ETH → ATOM, and XRP → BNB are now possible.
SwapKit automatically checks THORChain, NEAR Intents, Chainflip, and Maya Protocol to pick the best available route for speed, cost, and reliability.
CoolWallet gains cross-chain and same-chain swap functionality with one integration. All provider logic, asset mapping, routing, fee handling, and error surfaces are abstracted.
CoolWallet users maintain full self-custody while gaining access to advanced cross-chain liquidity.
CoolWallet users can make a swap in just a few steps:
Whether swapping BTC to ETH, SOL to BTC, or across EVM networks, SwapKit handles all routing and execution under the hood.

The CoolWallet x SwapKit integration brings powerful, flexible, and resilient swapping capabilities to a global hardware wallet audience.
A clean way to move assets across chains natively, without bridges or complex flows.
A single integration that scales indefinitely as providers and networks expand.
Proof that hardware-level security can coexist with sophisticated cross-chain liquidity.
SwapKit develops technologies and operates services enabling non-custodial, permissionless cross-chain trading for wallets, dApps, and crypto platforms. Through its API and SDK, SwapKit enables seamless swaps across multiple chains – including Bitcoin — to let users trade native assets in a single transaction without handling the underlying complexity.
SwapKit integrators benefit from a unified API to get access to multiple providers, abstracting away integration complexities. Integrators can monetize their SwapKit integration using tailor-made tools to easily configure and collect swap fees. SwapKit supports address AML checks, transaction status tracking, and multi-chain wallet interaction. With fully open-source smart contracts and a continuously expanding chain / asset coverage, SwapKit empowers projects to embed composable cross-chain DeFi capabilities efficiently.
For media enquiries, contact [email protected]
Follow us for more updates: