SODA Now Trading on Soroswap

• SODA is now tradable on Soroswap, the swap aggregator for Stellar.

• SODA trades on Soroswap are quoted and filled through the SODAX API by independent solvers, with SODAX coordinating routing and settlement.

• First-time buyers get a prompt to add the SODA trustline, so the token can land in their Stellar wallet.

SODA is now trading on Soroswap. Yet another way to trade SODA on Stellar, from an app many Stellar users already swap on.

What is Soroswap?

Soroswap is the swap aggregator for Stellar, built by PaltaLabs since 2023. It runs its own AMM on Soroban, Stellar's smart contract platform, and routes trades across Soroswap AMM, Aquarius, Sushi, Comet and the Stellar Classic DEX. Wallets and apps including HOT Wallet, BIM.Finance and Decaf run their swaps on the Soroswap API, and app.soroswap.finance is where people swap directly.

How SODA trades on Soroswap

SODA pairs on Soroswap work differently from most of the app's routes. When a trader picks SODA, Soroswap requests a quote through the SODAX API. Independent solvers fill the trade, SODAX coordinates routing and settlement, and the trader signs in their own Stellar wallet, as with any other Soroswap swap.

Stellar accounts need a trustline before they can hold a new asset. First-time SODA buyers see an "Add SODA trustline" prompt before the trade, and after that SODA sits in their wallet like any other Stellar asset.

Why hold SODA?

SODAX is the execution system coordinating swaps, lending and borrowing across blockchain networks, including Ethereum, Solana, Bitcoin and Stellar. It runs across 21 networks today. SODA is the governance token tied to the fees that system earns.

Total supply is fixed at 1.5 billion tokens, with no ongoing emissions and no way to increase it.

Trade SODA now

SODA is live on Soroswap today. Trade SODA on Soroswap, or check the holders page for the full list of places to buy, sell and hold the token.