Biswap PriceBSW

What is Biswap (BSW)?

Biswap (BSW) is a decentralized exchange (DEX) built for BEP-20 tokens on BNB Smart Chain, originally known as Binance Smart Chain. The platform positions itself as a low-cost trading venue for DeFi users, advertising a swap fee of just 0.1%, which it presents as one of the lowest rates among exchanges on the same network. Beyond simple token swaps, Biswap operates as a decentralized autonomous organization (DAO) where BSW holders participate in governance and share in platform revenue.

The protocol is non-custodial, meaning users retain control of their funds while interacting with its smart contracts. Its core technical foundation is an Automated Market Maker (AMM) model, now upgraded to a V3 AMM protocol with flexible trading tools. According to the official website, Biswap also operates across Ethereum, Base, and Arbitrum chains in addition to BNB Smart Chain.

BSW is the native token of the ecosystem, with a maximum supply of 700,000,000 tokens. The token launched in 2021, with CoinDesk listing the launch date as May 23, 2021. The project has moved into a mature phase of its lifecycle, with the vast majority of its maximum supply already mined.

Key Specifications & Tokenomics

• Name: Biswap
• Ticker / Symbol: BSW
• Blockchain / Platform: BNB Smart Chain (BEP-20); also operates on Ethereum, Base, and Arbitrum
• Token Standard: BEP20
• Smart Contract Address: 0x965f527d9159dce6288a2219db51fc6eef120dd1
• Decimal Places: 18
• Max Supply: 700,000,000 BSW
• Total Supply: 655.49M BSW
• Circulating Supply: 686.32M BSW
• % of Max Mined: 98.0%
• Fully Diluted Valuation: $276.1K
• Token Distribution (of 600 million BSW): Farms / Launchpools: 80.7%
• Category: DeFi; Gaming; Collectibles & NFTs; Decentralized Exchange (DEX) Token
• CertiK Rating: 3.6 with audits
• Official Website: https://www.biswap.org/
• Whitepaper / Documentation: docs.biswap.org
• Block Explorer: bscscan.com
• CoinMarketCap ID (UCID): 10746

Who created Biswap?

Biswap was launched in 2021 by a pseudonymous team. The project's website lists a total of 27 team members, all of whom are presented only as comic avatars without revealing their real identities. The CEO is known as "EK," described as a crypto veteran with seven years of experience in the space. Almost every listed team member claims several years of experience in their respective fields, though no further background details are provided.

The project was initially created by an anonymous team and conducted an Initial Exchange Offering (IEO) on Gate.io before launching in 2021. Biswap does not specify any investors it may have. According to available data, the project raised a total of $150K across three completed rounds, including the IEO and a private round. The anonymous nature of the team is a notable characteristic of the project, and the lack of disclosed investor information means there is limited public insight into the project's backing.

How does Biswap work?

Biswap operates as an Automated Market Maker (AMM) decentralized exchange. Instead of a traditional order book, it uses liquidity pools funded by users. Liquidity providers deposit pairs of tokens into these pools, enabling other users to swap between them. The V3 AMM protocol powers the exchange with flexible trading tools and low fees. Every swap on Biswap carries a 0.1% fee. Of this amount, 0.05% is returned to liquidity providers as a reward, and 0.05% is used for BSW token burning.

The platform is non-custodial, meaning users interact directly with smart contracts and retain ownership of their assets throughout the process. Biswap reserves the right to increase the fee in the future and to add an allocation to the team, though it has committed to keeping fees lower than the industry average. Governance is driven by the community of BSW token holders, who vote on proposals and platform changes while earning a share of the platform's revenue. This DAO structure gives holders a direct voice in decisions such as feature upgrades or fee structures.

What makes Biswap unique and valuable?

The most prominent differentiator for Biswap is its fee structure. The platform claims a 0.1% swap fee compared to 0.25% on Pancakeswap and 0.3% on Mdex, Apeswap, and other BSC DEXes. This low-cost model is designed to appeal to active traders and liquidity providers who are sensitive to transaction costs. The fee is split evenly between liquidity provider rewards and BSW token burning, creating a deflationary mechanism tied to trading activity.

Another distinctive feature is transaction fee mining, which allows users to receive up to 90% of the 0.1% swap fee under certain conditions. Biswap also offers a referral system where users can invite others and receive referral fees from farms, launch pools, swaps, and a lottery. The platform supports an NFT marketplace where some NFTs provide functional benefits within the ecosystem, such as farming boosts. Additionally, Biswap announced a $10 million global incentive program to collaborate with other BSC projects, offering partners a 90% fee reimbursement, farming pairs with BSW, a launch pool, marketing promotion, and grants for security audits and project development.

What is Biswap used for?

BSW serves multiple functions within the Biswap ecosystem. It is used for staking, allowing holders to earn rewards through flexible or fixed-term pools. The token is also required for participation in launchpools, where users stake BSW to earn other tokens. BSW holders can access special platform features and participate in governance by voting on platform changes and proposals. The token is used for trading within the Biswap DEX ecosystem and serves as an incentive mechanism for various activities.

Beyond governance and staking, BSW holders earn a share of the platform's revenue, aligning token ownership with platform success. The token is also used in farming LP tokens and can be traded on various markets. Its utility spans the full range of DeFi activities that Biswap supports, from swapping and providing liquidity to participating in the NFT marketplace and IDO launchpad.

How Is the Biswap ecosystem developing?

Biswap's roadmap outlines several development targets, including listing on major crypto exchanges, improvements to its NFT marketplace, cross-chain support, limit orders, lending and borrowing features, a personal user dashboard, and a swap referral program. The platform has already expanded beyond BNB Smart Chain to operate on Ethereum, Base, and Arbitrum chains, reflecting progress toward cross-chain functionality.

The ecosystem includes a range of core products: the V3 AMM protocol, liquidity pools, yield farming, an NFT marketplace, an IDO launchpad, multi-type staking options, launchpools, and a referral system. The $10 million global incentive program is aimed at fostering collaboration with other BSC projects and supporting security audits and project development. However, the ecosystem has faced challenges, including the delisting of BSW from Binance on July 4, 2025. The project's development path remains focused on expanding its product suite and cross-chain capabilities despite market pressures.

How to mine Biswap?

BSW is not mined through traditional proof-of-work mining. Instead, users can acquire BSW through participation in the Biswap ecosystem. The primary methods are yield farming and staking. In yield farming, users provide liquidity to BSW trading pairs and receive rewards in BSW or other tokens. Staking offers flexible or fixed-term pools where users lock their BSW tokens to earn rewards.

Launchpools provide another avenue: users stake BSW to earn other tokens. Transaction fee mining allows users to receive up to 90% of the 0.1% swap fee under certain conditions. The referral system also enables users to earn referral fees from farms, launch pools, swaps, and a lottery by inviting others to the platform. These mechanisms collectively distribute BSW tokens and other rewards to active participants in the ecosystem.

How to keep your Biswap Coin safe?

As a BEP-20 token on BNB Smart Chain, BSW can be stored in compatible non-custodial wallets that support BEP-20 assets. Users should ensure their wallet supports the BNB Smart Chain network and the BEP-20 standard. Hardware wallets provide an additional layer of security by keeping private keys offline. Since Biswap is a non-custodial protocol, users are solely responsible for safeguarding their private keys and seed phrases.

When interacting with the Biswap platform or any DeFi protocol, users should verify contract addresses and use official links. The smart contract address for BSW is 0x965f527d9159dce6288a2219db51fc6eef120dd1. CertiK has rated the project 3.6 with audits, providing some assurance about the code's security. However, crypto assets are highly volatile and carry significant market risk, including the potential loss of entire capital. Users should exercise strict risk controls, base decisions on verified information, and treat all market data as informational rather than financial advice.