KyberSwap Classic protocol
Overview
KyberSwap Classic serves as the constant-product automated market maker within KyberSwap, the decentralised exchange and liquidity protocol developed by Kyber Network. Its key attributes include amplified liquidity pools that focus reserves near a target ratio for correlated assets, alongside a dynamic fee structure where swap fees increase during market turbulence and decrease in stable conditions. It contrasts with KyberSwap Elastic, a concentrated-liquidity AMM that uses fixed fee tiers; Classic does not require price-range management, positioning it as the more straightforward choice for passive liquidity providers.
Within The Counterparty graph, KyberSwap Classic connects to 13 tracked entities, most strongly to Ethereum, Arbitrum, Polygon.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 13 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 90% |
deployed_on | Arbitrum | 90% |
deployed_on | Polygon | 90% |
deployed_on | Avalanche | 90% |
deployed_on | BSC | 90% |
deployed_on | zkSync Era | 90% |
deployed_on | Linea | 90% |
deployed_on | Scroll | 90% |
deployed_on | Fantom | 90% |
deployed_on | OP Mainnet | 90% |
Sources
Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.
Questions on the record
How does Classic differ from KyberSwap Elastic?
Classic employs a constant-product curve that includes amplification and dynamic fees, and does not require range management. Elastic, in contrast, uses concentrated liquidity positions with fixed fee tiers and requires active management.
What are dynamic fees?
Swap fees on Classic pools vary according to market conditions: they increase when volatility is high and decrease when markets are stable.
What are amplified pools?
Amplified pools concentrate reserves around a target price ratio, enabling correlated assets to be traded with lower slippage than a standard constant-product pool.