What is FaroSwap?

FaroSwap is a native decentralized exchange (DEX) on Pharos🗼, purpose-built to support the next wave of RWA-Fi (Real World Asset Finance) innovation. Forked from the proven DODO protocol, FaroSwap offers deep liquidity, flexible pricing mechanisms, and high capital efficiency — tailored to the needs of both asset issuers and on-chain traders.

Currently, FaroSwap is live on the Pharos testnet, where users can explore:

• AMM v2 Pools: Simple and efficient constant product-based liquidity pools.
• AMM v3 Pools: Concentrated liquidity pools for enhanced capital efficiency.
• PMM (Proactive Market Maker) Pools: FaroSwap’s signature pricing model designed to reduce impermanent loss and offer better execution for large trades.

As Pharos expands its RWA strategy, FaroSwap aims to become the liquidity backbone for tokenized assets, on-chain treasuries, and institutional-grade DeFi use cases.