# AirSwap

> Track AirSwap's fees, revenue, active users and trading volume with daily on-chain data across 5 chains. Compare AirSwap with other DEX aggregators.

Source: [AirSwap on Token Terminal](https://tokenterminal.com/explorer/projects/airswap). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: AST
- Sectors: DEX aggregators
- Chains: arbitrum, avalanche, bsc, ethereum, polygon
- Archived: Tracking paused — on-chain swap activity stopped on 2025-09-17. Historical values are unaffected.

## About

### What it is

AirSwap is a non-custodial exchange built on multiple chains that allows direct peer-to-peer trading. AirSwap was co-founded by Don Mosites & Michael Oved and launched in 2017.

### Who uses it

AST tokenholders own and govern the protocol. Revenue is currently distributed to a contributor tips pool and a voter rewards pool according to a set split. AirSwap DAO has not raised funds and the company that originally launched AirSwap is no longer operating.

### How it works

Trades are conducted between a signer and a sender & AirSwap takes a fee (revenue) which is assessed on the signer amount.

## Metrics

Token Terminal tracks these metrics for AirSwap daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/airswap/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/airswap/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/airswap/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/airswap/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/airswap/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/airswap/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/airswap/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/airswap/metrics/token-supply-circulating)
- [Maximum token supply](https://tokenterminal.com/explorer/projects/airswap/metrics/token-supply-maximum)
- [Trading volume](https://tokenterminal.com/explorer/projects/airswap/metrics/trading-volume)
- [Fees](https://tokenterminal.com/explorer/projects/airswap/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/airswap/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/airswap/metrics/revenue)
- [Expenses](https://tokenterminal.com/explorer/projects/airswap/metrics/expenses)
- [Token incentives](https://tokenterminal.com/explorer/projects/airswap/metrics/token-incentives)
- [Earnings](https://tokenterminal.com/explorer/projects/airswap/metrics/earnings)
- [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/airswap/metrics/pf-fully-diluted)
- [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/airswap/metrics/pf-circulating)
- [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/airswap/metrics/ps-fully-diluted)
- [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/airswap/metrics/ps-circulating)
- [Treasury](https://tokenterminal.com/explorer/projects/airswap/metrics/treasury)
- [Treasury (net)](https://tokenterminal.com/explorer/projects/airswap/metrics/treasury-net)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/airswap/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/airswap/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/airswap/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/airswap/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/airswap/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/airswap/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/airswap/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/airswap/metrics/code-commits)
- [Trade count](https://tokenterminal.com/explorer/projects/airswap/metrics/trade-count)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/airswap/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/airswap/metrics/gas-used)
- [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/airswap/metrics/afpu)
- [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/airswap/metrics/arpu)
- [Average trading volume (per trade)](https://tokenterminal.com/explorer/projects/airswap/metrics/trading-volume-avg-per-trade-count)
- [Average trading volume (per user)](https://tokenterminal.com/explorer/projects/airswap/metrics/trading-volume-avg-per-user)
- [Take rate](https://tokenterminal.com/explorer/projects/airswap/metrics/take-rate)

## Links

- [github](https://github.com/airswap)
- [twitter](https://twitter.com/airswap)
- [etherscan](https://etherscan.io/token/0x27054b13b1b798b345b591a4d22e6562d47ea75a)
- [website](https://airswap.io/)