Qubic: Fueling Decentralized Exchange with QSwap
Written by
retrodrive
Jul 16, 2025
Here at Qubic, we're always excited to see powerful decentralized applications come to life on our unique architecture. Today, we're particularly thrilled to introduce QSwap - a decentralized exchange (DEX) built directly on the Qubic tickchain.
For anyone looking to manage their digital assets without relying on centralized services, QSwap offers a significant step towards greater self-sufficiency and decentralization within the Qubic network.
QSwap: Bringing Core Exchange to Qubic
QSwap is essentially a smart contract, designed with an architecture that will feel familiar to users of Uniswap V2, all running natively on Qubic. Its main job is to let you securely and transparently exchange various crypto assets right here on our chain.
The goal is straightforward: to establish a fully operational decentralized trading platform. This isn't just about swapping; it's also a foundational piece for building out a robust DeFi environment on Qubic.
The Qubic Edge: Powering Smarter DeFi
QSwap really shines because it's built on Qubic, leveraging the unique strengths of our chain:
C++ Smart Contract Development: One of Qubic's standout features is the ability to develop smart contracts in C++. This gives developers the power to create incredibly efficient and complex contract functionalities, pushing the boundaries of what applications like QSwap can do.
High Transaction Throughput and Low Fees: We've designed Qubic for high transaction throughput and low fees. This directly translates to a smoother, more affordable trading experience for QSwap users.
Bare-Metal Hardware Architecture for High Execution Speed: Thanks to Qubic's bare-metal hardware architecture, QSwap can deliver high transaction speeds and offers the potential for high-frequency trading functionality in the future. This level of execution speed is currently unique to the Qubic chain within our industry.
Beyond the Swap: What QSwap Offers on Qubic
While getting assets swapped is key, QSwap also brings some interesting features that are possible thanks to Qubic's design:
Liquidity Pools and Provider Fees: QSwap uses liquidity pools. Users can become Liquidity Providers (LPs) by contributing pairs of assets to these pools. In return for supplying this essential liquidity, LPs earn a portion of the trading fees generated by the protocol. This offers a different way for users to participate and earn, compared to traditional order-book exchanges.
Passive Income through Smart Contract Shares: This is a truly unique feature on Qubic. Our smart contract framework allows you to become a shareholder of the QSwap smart contract itself. As a shareholder, you're eligible to receive passive income in the form of dividends for as long as you hold those shares. It's a novel economic model exclusive to Qubic's architecture.
Sustainable Development: A portion of the fees generated by the QSwap protocol is set aside to support the development team. This 20% allocation goes towards funding ongoing upgrades, new features, and continuous security enhancements, helping ensure QSwap keeps evolving.
QSwap's Fees and Dividends Distribution
The QSwap smart contract, built on Qubic, has a clear way of distributing its generated fees:
16% Shareholder Dividend: Goes directly to those holding QSwap smart contract shares.
20% Development Team Support: Dedicated to the continued development and maintenance of the QSwap application.
64% Fees given to Liquidity Providers: Directly compensates LPs for adding liquidity to the pools.
User-Friendly Access and Future Connections
We're all about making things easy for users. Applications on Qubic, like QSwap, features familiar tools such as WalletConnect and Metamask. Our goal is to make onboarding simple and improve the overall user experience.
Looking ahead, Qubic is focused on expanding its reach. The upcoming Vottun bridge to Ethereum and Arbitrum is a big step. This integration will create valuable connections across various protocols on Qubic, including QSwap. It's designed to boost interoperability, allowing for smoother asset flow through various stablecoins such as USDT, USDC, and DAI.
QSwap's Focus and What's Coming
The QSwap team's immediate goal is to deliver a fully operational Qubic smart contract that supports swap operations.
At Qubic, we're dedicated to providing a robust and innovative platform for decentralized applications. QSwap perfectly illustrates this vision, offering a direct trading platform and exciting new ways to participate within our growing ecosystem. We invite you to explore the possibilities Qubic provides, whether you're building or participating!
How to bid on an IPO:
The bidding can be done from Qubic Web Wallet.
Shares go to the highest bids first.
When all shares are allocated, everyone pays the same final price per share.
If your bid was high enough, shares are automatically sent to your wallet.
Here is the how-to on bidding on the shares:
Step-By Step Instructions:
1️⃣ Go to the IPO auction page via the Qubic web wallet.
2️⃣ Ensure you have enough QUBIC to place a bid.
3️⃣ Set your bid. Choose how many shares you want and the maximum price per share you’re willing to pay.
4️⃣ Wait for the auction to conclude.
5️⃣ If your bid was high enough, you receive shares - and only pay the final determined price per share.
Once the IPO ends next Wednesday, QSwap activates, and shares become tradeable on Qx Exchange.
What Happens Next?
✔ QSwap officially launches
✔ Shareholders start earning from MSVAULT’s fees.
✔ Shares become tradable on Qx.
Once the auction ends, QSwap goes live and after that, shares will only be available through secondary markets.
This is the first and only chance to buy directly from the smart contract before the price is determined by open market trading.
Next Wednesday, the IPO ends. After that, the price is whatever the market decides.
For more information:
Join the Qubic network to become a Computor, miner, or innovator.
For more information:
Join the Qubic network to become a Computor, miner, or innovator.