Helvet Swap
Institutional-grade AMM DEX built natively on Canton with Swiss precision.
Helvet Swap is an institutional-grade AMM decentralized exchange built natively on Canton Network, offering atomic settlement, privacy by default, and a Swiss banking aesthetic designed for serious capital. Named after Confoederatio Helvetica — Switzerland — for what it represents: precision, sovereignty, and privacy. The Canton Foundation is sponsoring the validator for the MainNet launch.
Background
Helvet Swap is a solo project built over five or more months from the ground up — frontend, backend, DAML smart contracts, and infrastructure, all developed by one individual. The project started as part of a team, then continued independently under the Helvet Swap brand. The reasoning behind building on Canton rather than EVM was straightforward: there are over 1,100 DEXs on Ethereum — building another makes little sense when Canton has approximately $9 trillion in monthly transaction volume, Visa as a Super Validator, and an essentially empty DeFi layer waiting to be built.
Key Benefits
Helvet Swap uses standard AMM mechanics with a strong LP-first design:
- Swap tokens atomically on Canton — full settlement or full rollback, no partial fills
- Provide liquidity to pools and earn a proportional share of all trading fees
- 75% of swap fees go directly to LPs, proportional to pool share
- No lockup — remove liquidity at any time
- Privacy by default — trades do not expose positions or strategies on-chain
- Post-launch incentive program tied to Featured App rewards, designed to favor genuine long-term LPs
Why Canton
Canton's combination of institutional-grade privacy, atomic settlement through the Global Synchronizer, and a DeFi layer that remains largely undeveloped creates a compelling opportunity. Building a high-quality AMM DEX here is meaningfully different from building on an already saturated EVM ecosystem — the infrastructure quality is higher, the participant quality skews institutional, and the competitive landscape is at an early stage.
What Makes It Unique
Helvet Swap is one of the first AMM DEXs built natively on Canton, optimized for an ecosystem where institutional infrastructure matters more than speculative volume. The platform's commitment to long-term LPs — rather than short-term farming — is reflected in its incentive structure. The fact that it was built entirely by one developer also demonstrates that Canton enables lean teams to ship serious infrastructure.
What's Included
AMM Exchange
Helvet Swap is building an automated market maker for Canton-native assets with a focus on privacy-preserving swaps and institutional-grade execution assumptions.
Swiss Banking Aesthetic
The product identity leans into precision, sovereignty, and privacy, positioning the exchange as a serious trading venue rather than a casual swap page.
Launch Stage
The project is best framed as a Devnet-stage exchange moving toward broader Mainnet availability.
Impact
Helvet Swap adds another liquidity venue to Canton’s DeFi layer. More exchange options help users move between assets, support new token launches, and deepen the network’s on-chain market structure.
Yields & Earning Opportunities
Liquidity providers earn 75% of all swap fees generated through their pools, proportional to their share of total liquidity. A post-launch incentive program tied to Featured App rewards is also planned, designed to benefit long-term LPs over short-term participants.
Active Campaigns & Incentives
A post-launch incentive program is in development, tied to Helvet Swap's Featured App reward allocation from the Canton Network. Details will be announced at launch.
Looking Ahead
MainNet launch is targeted for mid to late April, with the Canton Foundation sponsoring the validator. Post-launch, the team plans to introduce Featured App reward-linked incentive programs for long-term liquidity providers and expand the range of available trading pairs.
