> For the complete documentation index, see [llms.txt](https://docs.eywa.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.eywa.fi/eywa-ecosystem/products/eywa-v1/cross-chain-liquidity-protocol/cross-chain-dex-v1.md).

# Cross-chain DEX v1

**Eywa Cross-chain DEX** is a decentralized exchange for trading assets between supported blockchains and earning on yield farming by providing liquidity to cross-chain exchanges.

<figure><img src="/files/fwWO35JrP6L37f7C3cid" alt=""><figcaption></figcaption></figure>

At the core of the **Eywa Cross-chain DEX** lies the Eywa CLP Curve Pool System, which provides a united liquidity hub across our hub chain. By using a cheap and fast blockchain intermediary, we enable cross-chain transactions between two blockchains with minimal slippage and price impact in case of a possible liquidity imbalance in the networks.

To implement the functionality of cross-chain exchanges and yield farming, we use the **Eywa Assets** function - a derivative line of the following assets:

* **sToken** (sUSDT, sUSDC, sDAI, sTUSD) — a derivative of the original locked token. Issued on another network by locking it in the Eywa Portal smart contract, which is part of the Eywa Token Bridge;
* **eToken** (eUSDC, eUSDT, eDAI, eTUSD) — a derivative, backed by s-tokens of the same type and different networks in the e-pools of the hubchain. For example, eUSDT is backed by sUSD\_ETH, sUSDT\_BSC, sUSDT\_POLY and other assets from the networks supported by the CDP protocol;
* **EUSD** — an asset backed by e-tokens in the eUSD pool, which is the core of the exchange process of underlying assets between networks.

All **Eywa Assets** are backed by liquid assets from different networks that are locked in the protocol for cross-chain exchanges. With **Eywa Assets**, the user becomes, by default, a liquidity provider for cross-chain transactions and can earn income by farming **Eywa Assets**.\
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The **Eywa Cross-chain DEX** uses **Eywa CDP** to ensure efficient blockchain communication with the liquidity core. This protocol can be used by any project to create its own cross-chain application.

Consider the exchange process in **Eywa Cross-chain DEX** on the following example: the user exchanges **USDT** tokens that are stored on the **Ethereum** network for **USDC** tokens on **BNB Chain**.

Let us describe the process step-by-step:

1. The **USDT** tokens owned by the user are getting locked in a special smart contract on the **Ethereum** network;
2. Instead of the real **USDT** tokens locked in the **Ethereum** network, the **sUSDT\_ETH** tokens are synthesized for the user in the **Fantom** hubchai&#x6E;**;**
3. Through the double-level pool system, the **sUSDT\_ETH** synthetic tokens are exchanged for the **sUSDC\_BNB** synthetic tokens;
4. The synthetic **sUSDC\_BNB** tokens are burned on the **Fantom** network and an equal number of the real **USDC** tokens are unlocked on the **BNB Chain** network, and sent to the user's wallet on this network.

Despite a complex internal technical implementation, **Eywa Cross-chain DEX** provides the seamless user experience. The user simply sends the native asset from the **source** network, signing the transaction once, and receives the native asset in the **destination** network without any additional steps. All actions with synthetic assets in the hubchain occur automatically.

### Transaction history

Executing the cross-chain transaction is the complex multi-phase process. When conducting the exchange, you can track the execution of cross-chain transactions in real time.

### **Payment of commissions**

**Eywa Cross-chain DEX** uses [**Gasless**](/eywa-ecosystem/products/eywa-v1/cross-chain-liquidity-protocol/gasless-transactions.md) to pay for the exchange transactions. The user can pay the cross-chain commission with the native asset of the source network (ETH, BNB, AVAX...).