Swaps 3.1 is here: a truly decentralized cross-chain DEX with a distributed order book

Trade native Bitcoin (BTC), Ethereum (ETH), Monero (XMR), Tether (USDT), USD Coin (USDC), Dai (DAI) and other supported ERC-20 assets directly from your wallet, across blockchains and without giving custody of your funds to anyone.

No signup. No KYC. No custodian. No centralized operator.

Swaps is a peer-to-peer, non-custodial cross-chain DEX powered by Atomic Swaps, Waku and IPFS.

Download Swaps 3.1 for Windows, macOS or Linux at Swaps.org

A real decentralized order book

Unlike most cross-chain swap tools, Swaps is built around a real decentralized order book. Users can browse available liquidity, place limit orders, publish their own offers and trade against orders created by other peers. The order book itself is distributed across the peer-to-peer network rather than hosted on a centralized matching engine.

That means Swaps combines the trading experience people expect from an exchange with the architecture of a decentralized protocol.

Native assets, settled on-chain

Orders are propagated peer-to-peer and trades settle natively on-chain. You trade the actual assets on their respective blockchains, not wrapped representations of them.

Private keys never leave your device. There is no centralized exchange, matching server or coordinator controlling the market, and liquidity can be provided by programmatic market makers that anyone can run.

No central backend

Swaps also does not depend on a central backend that can be seized, censored or switched off. The network is carried by the people running it.

Swaps 3.1

Swaps 3.1 makes decentralized cross-chain trading more resilient and dependable, with major improvements to P2P connectivity, order handling, RPC redundancy, swap verification and release security.

Upgrading from an older version

What’s new in Swaps 3.1

• P2P protocol upgrade: Updated go-waku with a reworked Store protocol for more reliable order history retrieval.
• Improved peer-to-peer connectivity: The node now maintains a consistent peer identity across restarts, recovers more reliably from stale connections and uses a refreshed, verified bootstrap peer list.
• RPC failover support: Configure backup RPC nodes for each blockchain. The client automatically switches to a fallback when the primary RPC becomes unavailable.
• Order book improvements: Your own orders are now detected locally without waiting for them to propagate through the network and return. Partial fills and small amounts are handled correctly, and order restoration has been reworked.
• Improved swap reliability: More comprehensive on-chain checks run before each swap advances to the next stage, helping swaps complete or resolve cleanly across a wider range of blockchain and network conditions.
• Clearer network fee reporting: Transaction history now displays network fees as separate entries alongside outgoing and incoming transactions.
• Ethereum and L2 explorer updates: Ethereum, Arbitrum One and OP Mainnet now use the Etherscan V2 multichain endpoint.
• Monero improvements: Remote node certificates are now validated using the full Mozilla CA bundle. Self-signed certificates are accepted only when they match an explicitly configured fingerprint. Daemon shutdown is faster and cleaner, and the Windows daemon path has been corrected.
• Verifiable release signatures: Detached GPG signatures are published for the Windows, macOS and Linux releases and are available directly alongside the downloads on Swaps.org.
• Updated translations: Included translations have been refreshed. Want Swaps in your language? Submit a translation to the community, or ask us for the translation file containing all interface strings to fill out and contribute.
• Updated node versions: Bundled and supported node versions have been updated.
• Linux packaging updates: Linux packaging and distribution have been improved.
• Bug fixes: Additional stability, compatibility and reliability fixes throughout Swaps.