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Supra partners with WispSwap, a prominent DEX and liquidity provider on Sui

July 26, 2023 - 2 min read

Supra is thrilled to announce its strategic partnership with WispSwap, a novel AMM DEX built on the Sui blockchain. WispSwap’s DeFi solution provides lending, farming, staking, prediction markets, and launchpad services.

The platform leverages the Asymmetric Concentrated Liquidity Market Maker (ACLMM). ACLMM enhances trading by allowing liquidity providers to choose different ranges for two directions of the swap, optimizing liquidity, and ensuring impermanent loss protection and capital efficiency improvements.  

Wisp-Prediction is the decentralized prediction market of WispSwap. It allows users to predict crypto prices and real-world events while earning rewards. Through this partnership, Supra and WispSwap aim to empower the DeFi ecosystem with enhanced features and functionality. 

The partnership will focus on the following areas:

  • Cross-Chain Oracle Solutions: WispSwap will integrate Supra’s cross-chain oracle solution, allowing access to reliable external data for seamless protocol operations.
  • Interoperability: Supra’s expertise in facilitating asset and data exchange across multiple blockchain networks will promote collaboration and connectivity within the decentralized ecosystem.
  • Data Integrity and Reliability: WispSwap will benefit from Supra’s commitment to ensuring accurate and trustworthy information, enhancing the integrity of its decentralized applications.
  • Speed and Efficiency: Supra’s optimized data delivery mechanisms will provide fast and efficient data solutions for WispSwap’s protocols, enabling seamless user experiences.
  • Scalability and Resilience: Supra’s robust architecture will assist WispSwap in handling scalability and network congestion, supporting its protocols’ growth and transaction volumes.

Joshua D. Tobkin, CEO and Co-founder of Supra, commented:

This partnership with WispSwap strengthens the DeFi ecosystem. Supra’s cross-chain oracle solutions with WispSwap’s comprehensive DeFi offerings provide users with efficient trading experiences. We look forward to this collaboration’s positive impact on our users.

About Supra

Supra combines traditional financial markets with Web3 technology to provide the developer community with a powerful cross-chain oracle solution. The platform enables the integration of real-world data into blockchain networks, ensuring interoperability and reliability for decentralized applications. 

With a focus on data integrity, speed, scalability, and resilience, Supra aims to revolutionize the future of finance.

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About WispSwap

WispSwap is a novel AMM DEX built on the Sui blockchain, one of the most advanced Layer-1 blockchains. The platform offers lending, farming, staking, prediction markets, and launchpad services, enabling users to participate in decentralized financial activities.

Join the WispSwap community:
Website | Twitter | Medium | Discord

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