# Introduction

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[Revoswap](https://revoswap.com) is X Layer chain's first and preferred automated market maker (AMM) decentralized exchange (DEX), committed to creating a smooth and friendly user experience for all types of traders. Revoswap is one of the dapp selected by X Layer team to participate in their closed beta launch of their Mainnet.

Users can use the platform to trade, yield farm, take part in launchpad activities, or all.

### Decentralized

Trade directly from your wallet app. Revoswap does not hold your crypto when you trade, and you have full ownership of your own funds. Not your wallet, not your funds. We believe in full decentralization in all aspects of defi!

### Automated Market Maker

In traditional market makers, centralized entities manage and govern these market-making mechanisms. Revoswap uses automated market making, meaning it is powered by liquidity provided from users, who are incentivized in to do so in exchange for a share of transaction fees and free tokens. Users are the main liquidity provider of the platform and traders can swap through these pools with fees being returned back to those liquidity providers without the need of a centralized exchange. With everything built on chain, all transactions are transparent and trustable.

### Low Transaction Costs

Revoswap is built on [X Layer](https://www.okx.com/xlayer/docs/getting-started/welcome/welcome-to-xlayer), a Zero-Knowledge (ZK) Ethereum Layer 2 built with the Polygon Chain Development Kit (CDK) as part of a strategic collaboration between OKX and Polygon Labs.

This means that transaction fees are low, and you can perform functions at a much lower cost than on Ethereum. Revoswap thus also takes less trading fees! With low transaction fees and a fast speed, we are able to provide an efficient and wonderful experience for our users!


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