Swarm Markets is the world’s first licensed DeFi platform. Regulated by Germany’s Federal Financial Supervisory Authority (BaFin), Swarm Markets makes it possible for institutional investors like banks and hedge funds as well as retail investors to trade and stake tokens based on all kinds of real-world assets, such as NFTs, commodities, and traditional market securities as well as crypto.

The licenses granted by BaFin also mean Swarm Markets provides the same level of governance and accountability as traditional financial institutions.

Swarm Markets’ initial release allows users to swap cryptocurrencies like ETH, BTC, DAI, and the Swarm Markets payment token SMT. More assets, including regulated securities will be added after launch and asset custodians will be able to leverage Swarm Markets’ licenses to issue new tokens and instantly create high-liquidity trading pools directly on the platform.

Users who make their crypto available to trading pools earn a share of transaction fees in return for being liquidity providers. SMT provides further incentives to platform users such as 50% transaction fee discounts and weekly bonus rewards for liquidity providers.

The Swarm Markets platform is ready for launch directly after the public token sale closes. Onboarding for the token auction qualifies users to begin swapping, yield farming, and liquidity mining directly after the platform launches.

SMT purchased during the public sale can trade anywhere without restriction.