OneSwap

OneSwap is developed by Sats Terminal, an all-in-one Bitcoin-focused platform delivering loans, yield, and trading solutions for both retail and institutional users. Founded in September 2024 by Stan Havryliuk and Rishabh, the team brings deep experience across Web3 and financial infrastructure, with backing from Coinbase Ventures, Draper Associates, YZi Labs, and other leading investors.

As Sats Terminal expanded into the Canton ecosystem as a validator, a clear gap emerged: the network lacked a truly accessible, user-first DEX. OneSwap was built to fill that gap — prioritizing openness, simplicity, and seamless integration from day one.

OneSwap is built to make trading on Canton feel effortless, without compromising on flexibility or access.

At its core, it removes the usual barriers — no onboarding friction, no permissioning — just direct access to swap assets the moment you’re connected. Trades across key pairs like $CC/USDCx and $CC/cBTC execute smoothly, with a flow designed to feel intuitive whether you're moving small amounts or significant volume.

Beyond swapping, OneSwap turns activity into opportunity. Liquidity providers can put idle assets to work and earn from real trading flow, while every interaction feeds into the OneSwap Diamonds system — a rewards layer that recognizes consistent usage and early participation.

The entire experience is engineered around what traders actually need: speed, clarity, and minimal friction. No unnecessary steps, no complexity — just clean, reliable execution.

Canton stands out as an institutional-grade blockchain backed by major financial players including DTCC, Goldman Sachs, Visa, and Circle.

It combines privacy and compliance with the openness required for permissionless DeFi — a rare balance that enables both institutional and retail participation. This makes it the ideal foundation for building a DEX that serves the full spectrum of users.

OneSwap differentiates itself through both accessibility and composability:

• A plug-and-play developer SDK that allows any Canton-based application to integrate swapping functionality directly, keeping users fully within their native environment
• A strong focus on usability, eliminating traditional DeFi friction points
• A reward system that incentivizes participation from the very first interaction

The result is a DEX that doesn’t just exist on Canton — it extends across the ecosystem.

Permissionless Swaps

OneSwap is designed to make Canton-native token swaps simple, fast, and open to a broad user base.

Liquidity Pools

The DEX gives users and projects a venue to create markets, route trades, and support pairs such as $CC/USDCx and $CC/cBTC.

User Education

OneSwap is also publishing wallet and Canton guides, which makes it useful for users who are still learning how to set up Canton-compatible wallets and complete their first swaps.

OneSwap expands Canton’s permissionless DeFi layer. More accessible swaps and liquidity pools help new assets become usable and give users a simple way to move around the ecosystem.

Users earn OneSwap Diamonds (OSD) at a rate of one Diamond per dollar-equivalent of swap volume.

Liquidity providers benefit from:

• Swap fees generated by pool activity
• Additional OSD rewards tied to participation

Further earning mechanisms are planned as the platform evolves.

The OneSwap Diamonds program is live and actively rewarding users.

• Every swap and liquidity action earns Diamonds
• Early users and beta testers receive a 2× multiplier, extending into the public launch period
• Additional large-scale rewards and giveaways are planned for launch 

OneSwap is focused on becoming an approachable trading layer on Canton through more wallet integrations, stronger liquidity-provider tooling, broader educational content, and a smoother path from invite access to active trading.