We are excited to announce that InstaSwap has integrated Maya Protocol, marking a significant milestone in decentralized cross-chain asset swaps. Founded in 2018, InstaSwap was a non-custodial, instant cross-chain exchange that allowed users to swap assets without registration, though it required KYC. After ceasing operations in 2022, it has now relaunched as a decentralized aggregator, offering secure cross-chain swaps without intermediaries or KYC requirements.

What makes InstaSwap so unique? 

InstaSwap offers decentralized cross-chain swaps with multi-blockchain support, enabling fast, seamless transactions across a wide range of cryptocurrencies. These are some of their top techniques: 

• Acces to +225 DEXs: It provides access to over 225 DEXs directly from a single interface without the need for bridges, ensuring competitive rates, user control over funds, and enhanced security. 
• Privacy-first, KYC-free experience: Eliminates KYC requirements, preserves privacy, and offers a user-friendly interface with educational resources. 
• Smart contract integration: By integrating smart contracts, InstaSwap guarantees secure, intermediary-free transactions with complete transparency.
• Low fees and cutting-edge trading capabilities:It stands out for its cost-effectiveness and cutting-edge trading capabilities, offering some of the lowest fees in the industry.

• Optimized DeFi transactions: Leveraging advanced algorithms, InstaSwap optimizes decentralized finance transactions to secure the best execution routes, guaranteeing users the most favorable rates across integrated liquidity pools. 

The power of integrating Maya

This integration expands the range of supported cryptocurrencies and boosts user transaction efficiency. The decision to partner with Maya was driven by the goal of bringing DeFi functionality to Bitcoin and reintroducing permissionless blockchain transactions, aligning with InstaSwap’s mission of providing seamless, low-fee, permissionless asset swaps. In return, InstaSwap strengthens Maya Protocol by increasing its user base and transaction volume, boosting liquidity, and supporting the broader adoption of decentralized cross-chain asset management.

Current features and next steps for InstaSwap

Currently, InstaSwap enables users to execute swaps directly through its user-friendly interface, offering seamless cross-chain asset exchanges without intermediaries. The platform also provides API integration for wallets, exchanges, and traditional finance (TradFi) institutions, allowing them to incorporate InstaSwap's capabilities into their services. Additionally, a comprehensive Partners Dashboard is available, where partners can access transaction histories, set their own affiliate fees, and monitor all aspects of their integrations. Looking ahead, the team plans to introduce a utility token that will incentivize trading, enable fee sharing, offer swap discounts, and facilitate decentralized governance of the InstaSwap protocol. This development aims to progressively decentralize the platform, moving towards majority ownership by the community and fostering a more inclusive and participatory ecosystem.

Additional Resources

Maya

X | Discord | Website | Docs 

InstaSwap

X | Website