Soroswap vs UniswapV2

Here we can see a comparison of the implementation of UniswapV2 and Soroswap.

Feature

UniswapV2

Soroswap

Algorithm

Automated Market Maker (AMM) with constant product formula

Optimized routing algorithm for multi-pool efficiency

Liquidity Pools

Direct swaps between two tokens; liquidity in equal value pairs

Supports multi-hop swaps through intermediate pools

Smart Contracts

Two core contracts: factory and router

Advanced contracts with aggregated liquidity and custom routing

Routing

Direct matching within or between pools

Sophisticated routing with multiple paths for optimal rates

Efficiency

Fast execution; may not always provide optimal rates

Improved efficiency with better trading rates through optimization

Liquidity Provision

50/50 ratio token pairs; straightforward addition/removal

Complex arrangements; support for multiple AMMs and protocols

Incentives

Fees from trades within pools

Aggregated fees and potentially higher returns

Security

Extensive testing and audits; proven track record

Rigorous audits; advanced security measures

User Experience

Simple, user-friendly interface

Enhanced features; advanced routing and multi-chain support

Documentation

Well-established, extensive community support

Comprehensive documentation and support for new features

Last updated