iZiSwap review: A Practical Look at This AMM DEX

When exploring iZiSwap, a decentralized exchange that runs on an Automated Market Maker model on zkSync Era. Also known as iZiSwap DEX, it aims to cut gas fees and speed up swaps. As an Automated Market Maker, a protocol that prices assets algorithmically through smart contracts, iZiSwap doesn’t rely on order books; instead it uses math to match buyers and sellers. This setup means anyone can add assets to a pool and earn a slice of the transaction fees.

The core of any AMM is the liquidity pool, a collection of token pairs that traders draw from. When you deposit tokens, you become a liquidity provider and share in the swap fees. However, pools come with impermanent loss – a temporary value dip compared to simply holding the assets. iZiSwap mitigates this risk by using the constant product formula, the equation x·y = k that keeps the product of token reserves constant. This formula ensures that as one token’s price rises, the other’s amount in the pool drops, keeping the overall value balanced. In practice, the constant product formula powers price discovery, controls slippage, and defines how much of each token you receive in a trade.

From a user’s perspective, iZiSwap’s fee structure is straightforward: a flat 0.3% on each swap, automatically split between liquidity providers and the protocol. Because it runs on zkSync Era, gas costs are a fraction of what you’d pay on Ethereum’s mainnet, making frequent trading more affordable. The platform also offers advanced features like limit orders and batch swaps, which rely on the same AMM logic but add extra flexibility. Understanding how the constant product formula interacts with your liquidity helps you gauge potential returns and avoid surprises when market conditions shift.

Below you’ll find a curated set of articles that break down each piece of this puzzle – from the math behind the constant product formula to real‑world tips for managing impermanent loss. Dive into the guides to see how iZiSwap stacks up against other DeFi exchanges, learn how to optimize your liquidity provision, and get the confidence to swap smarter.