# EXCHANGE

ArbiSwap is an Automated Market Maker (AMM), and the Exchange is at the heart of Arbitrum. ArbiSwap is the leading AMM on the Arbitrum network.&#x20;

The ArbiSwap Exchange offers several features that support decentralized trading:

## **Swapping/Trading**

ArbiSwap lets users trade without the need to go through a Centralized Exchange. Everything you do on ArbiSwap is routed directly through your own wallet—no need to trust someone else with your coins

## Liquidity Pools

You can only swap tokens on ArbiSwap if there is enough liquidity for those tokens. If nobody has added much liquidity for the token or tokens you want to swap, it will be difficult, expensive, or impossible to do so.

Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees for making sure there's always liquidity for the exchange to use.

## Yield Farming

Yield farming lets users that are providing liquidity earn ARBI rewards on their LP tokens. The incentive is to balance out the risk of impermanent loss that comes along with locking in your liquidity.

## Decentralized Revenue&#x20;

100% of Trading Fees or Deposit or any other sort of earnings done by protocol is distributed to $ARBI stakers.

## Dual Reward Farms

Dedicated dual reward farms for Atlantis Finance. Which will reward $ARBI as well as $WHALE for yield farming.


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