PeerSwap

PeerSwap is a peer-to-peer over-the-counter venue on Archway that runs no liquidity pools and needs no trading pair created in advance. A user posts the asset and price they want, waits for a counterparty to take it, and a contract escrows both sides and settles atomically. It targets long-tail assets without market makers or exchange listings, and large trades where automated market makers charge heavy slippage, returning price setting to the two parties.

Each order is a contract state that can be partially filled: the seller sets price and size, the buyer locks funds on acceptance, and assets swap once both sides confirm. The platform charges no listing fee and issues no platform token, earning only from execution fees, so it has no incentive to pump a listing. Beyond fungible tokens it supports combined NFT-and-token quotes and multiple price levels for the same asset, forming a simple depth ladder. It entered the Archway ecosystem with the July 2023 mainnet and was listed among the network's early live applications, mainly serving first-time pricing and OTC turnover for new projects.