SaucerSwap is a decentralized exchange (DEX) and liquidity protocol built natively on the Hedera Hashgraph network, serving as the leading DeFi hub for Hedera-based assets. Launched in 2022 by SaucerSwap Labs, it uses automated market maker (AMM) smart contracts to enable fast, low-cost token swaps, liquidity provision, yield farming, and staking, leveraging Hedera’s high throughput, low fees, and fair transaction ordering.
The project has grown into the dominant trading venue on Hedera with significant trading volume and TVL, and it supports concentrated liquidity for capital efficiency. Its SAUCE token underpins governance via the SaucerSwap DAO, liquidity incentives, and staking rewards. The platform also features cross-chain bridges and tools for traders, LPs, and builders, with a redesigned interface to streamline trading, analytics, and governance.