Streaming Swaps for Maya Protocol arrives on THORSwap 🌊

Optimized swaps for enhanced capital efficiency and flexibility 🍫

4 min readJul 31, 2024

Welcome MAYATribe and THORChads, we are thrilled to announce that Price-Optimized Streaming Swaps for Maya Protocol is now live on THORSwap!

Since the launch of Streaming Swaps on THORChain in August, 2023, it has proven to be a true DeFi game-changer. This exciting feature enhances the way users trade by providing more flexibility and better price execution for swaps of any size.

Today the same innovation is unlocked for cross-chain swaps via Maya Protocol. Bringing access to capital efficient cross-chain swaps between Native Bitcoin, Ethereum, THORChain ($RUNE), $CACAO, Dash, Arbitrum ($ARB), Kujira ($KUJI), $USK and more!

Here’s everything you need to know about how Streaming Swaps work:

What are Streaming Swaps?

Streaming Swaps represent a paradigm shift in how large orders are executed on THORSwap. Instead of processing a large swap as a single transaction, which can lead to significant slippage and poor execution prices, Streaming Swaps break down the order into smaller, manageable sub-swaps executed at regular intervals over a specified period. This allows arbitrageurs enough time to rebalance the pools intra-swap.

This means if you are willing to be patient, your swaps will be executed at a better rate. Streaming Swaps is similar to a Time Weighted Average Price (TWAP) trade however it is restricted to 24 hours.

Key Benefits of Streaming Swaps

Reduced Price Slippage: By breaking down a large trade into multiple smaller transactions, streaming swaps minimize the risk of price slippage, ensuring that you get the best possible pricing for your trade .
Improved Price Averaging: The sequential execution of smaller swaps provides a form of dollar-cost averaging, potentially yielding better overall swap rates.
Enhanced Liquidity: Streaming Swaps allow for more efficient use of liquidity pools, allowing shallower pools to handle larger swaps.
Cross-Chain Compatibility: Like THORChain, Maya Protocol’s Streaming Swaps work seamlessly across different blockchain networks.

How to Stream via Maya

Streaming Swaps via Maya Protocol function similarly to those on THORChain. Here’s a step-by-step guide:

Visit https://app.thorswap.finance/swap and Connect Your Wallets.
Select Your Assets and choose amount to swap. If the swap size can be price-optimized from a Streaming Swap, it will be automatically selected as the quote.
You can also choose other routes/time-optimized standard swap by expanding the route tab.
Initiate the Swap: Confirm your transaction and let Maya Protocol handle the rest.

Be sure to stay patient and refer to tracker or check your transaction hash on https://www.mayascan.org explorer to keep track of the progress of your swap.

Powered by SwapKit

Maya Protocol Streaming Swaps on THORSwap is made possible by SwapKit, a comprehensive toolkit that powers the entire THORSwap techstack. SwapKit not only provides easy integration of THORChain but also its friendly fork Maya Protocol.

Read our dedicated SwapKit article to learn more.

Join the Future of Decentralized Trading

Maya Protocol Streaming Swaps marks another major milestone in cross-chain DeFi efficiency for THORSwap users. This innovative feature, which has already revolutionized trading on THORChain, allows everyone to execute large trades with greater precision, security, and custody.

We invite everyone to explore this new functionality on THORSwap and experience the benefits of Streaming Swaps first hand: https://app.thorswap.finance/

Onwards! ⚡🍫

About THORSwap

THORSwap is the leading multi-chain decentralized exchange (DEX) aggregator powered by SwapKit. Perform cross-chain swaps in a permissionless, trustless, and non-custodial manner.