Swap Pools Features Security FAQ Launch App ↗
Live on Ethereum Mainnet

The Engine for Ethereum Capital Markets

Powering the markets where capital is raised, traded, and distributed. Built for the ecosystem, owned by the community. Swap tokens, provide deep liquidity, and earn real yield — all in one unified protocol.

ETH
USDC
USDT
WBTC
DAI
LINK
UNI
+200 tokens →
$2.1B
Total Volume
↑ 14.2% 24h
$380M
Total Value Locked
↑ 6.8% 7d
0.04%
Base Swap Fee
Lowest on Ethereum
<3s
Avg. Execution
Finality-optimized
180K+
Unique Users
↑ 11.3% MTD
// Token Swap

Swap any token.
Best price. Always.

CypherETH's intelligent routing engine queries liquidity across all major Ethereum AMMs to guarantee optimal execution on every trade. Minimal price impact, minimal fees, maximum output.

Launch App →
You Pay Bal: 0.00
ETH ▾
You Receive Expected output
USDC ▾
RouteETH → CYPH → USDC
Price Impact<0.01%
Slippage0.5%
Fee (0.04%)
// Protocol Features

Built for Ethereum.
Designed for Real Yield.

Everything you need in one unified protocol on Ethereum — from token swaps and AMM deployment to deep liquidity provision and yield generation.

Intelligent Order Routing

CypherETH's aggregator splits orders across multiple AMMs and liquidity sources on Ethereum to guarantee best execution price with minimal price impact on every trade.

0.04% base fee
💧

Concentrated Liquidity

Provide liquidity in custom price ranges with CypherETH's CLMM engine. Earn up to 10× more fees with less capital by focusing liquidity where trading actually happens.

Up to 28% APR
🏭

AMM Factory

Deploy custom Automated Market Makers with configurable fee tiers, bonding curves, and liquidity parameters. Permissionless — anyone can create a pool, no approvals required.

Permissionless deployment
🏆

Real Yield Rewards

100% of protocol fees are distributed to CYPH holders and liquidity providers. No inflationary emissions — real yield backed by real trading volume and protocol revenue.

$380M TVL backing rewards
🔀

Multi-Source Aggregation

CypherETH queries every available liquidity source on Ethereum — its own CLMM pools plus external AMMs — then routes for optimal price execution on every swap.

All major Ethereum AMMs
🗳️

Community Governance

Lock CYPH tokens as veCYPH to earn boosted APY, governance voting power over fee tiers, pool emissions, and protocol upgrades through on-protocol governance.

CYPH governance token
// Liquidity Pools

Top Ethereum Pools.
Real APR.

Provide liquidity to CypherETH's concentrated pools and earn fees plus CYPH rewards on every trade.

ETH / USDC 0.04%
TVL
$142M
APR
24.8%
24h Vol
$28M
ETH / USDT 0.04%
TVL
$88M
APR
28.2%
24h Vol
$14M
WBTC / ETH 0.25%
TVL
$56M
APR
16.4%
24h Vol
$7M
View All 120+ Pools →
// Security First

Non-Custodial.
Audited. Trusted.

CypherETH is built with institutional-grade security. No admin keys. No upgrade backdoors. Fully on-protocol execution with complete transparency.

🔐 Non-Custodial Architecture

Your keys, your assets. CypherETH never holds user funds. All swaps execute via audited on-protocol programs — no wrapping, no trust assumptions. Full self-custody at all times.

🛡️ Multi-Sig Governance

Protocol upgrades require multi-sig timelock approval with a 48-hour community review period. No unilateral changes — the community controls every parameter modification.

🔍 Formally Verified

Core swap and AMM math has been formally verified by independent auditors. All logic is deterministic and mathematically provably correct, ensuring consistent execution.

💰 Bug Bounty Program

CypherETH maintains an active bug bounty program with substantial rewards. Security researchers are incentivized to find and responsibly disclose any potential vulnerabilities.

🛡️ Security Audits

Trail of Bits
Q1 2024
PASSED ✓
OpenZeppelin
Q2 2024
PASSED ✓
Consensys Diligence
Q3 2024
PASSED ✓
Spearbit
Q4 2024
PASSED ✓
// FAQ

Everything You
Need to Know

About CypherETH protocol, Ethereum capital markets, and how to get started.

CypherETH is a full-stack capital markets engine built on Ethereum. It combines token swapping, concentrated liquidity pools, AMM factory deployment, and yield generation in a single non-custodial protocol. Available at cyphereth.net.

Connect your wallet (MetaMask, Rabby, Coinbase Wallet, or hardware wallets like Ledger), select your input and output tokens, enter the amount, review the route and price impact, and confirm the swap. CypherETH's smart router automatically finds the best price across all available Ethereum liquidity sources.

CypherETH offers flexible fee tiers: 0.01% for stable pairs, 0.04% for standard pairs, and up to 0.3% for volatile pairs. All fees are distributed to liquidity providers and CYPH holders — zero protocol treasury cut. This makes CypherETH one of the most competitive protocols on Ethereum.

Yes. CypherETH has been audited by 4 independent security firms: Trail of Bits, OpenZeppelin, Consensys Diligence, and Spearbit. All programs are open-source and formally verified. The protocol operates in a fully non-custodial manner — your keys, your assets. An active bug bounty program is maintained at all times.

The AMM Factory is CypherETH's permissionless pool deployment system. Anyone can deploy custom Automated Market Maker pools with configurable fee tiers, price curves, and liquidity parameters. No approvals required — simply configure your pool and deploy.

CypherETH uses a Concentrated Liquidity Market Maker (CLMM) model. Instead of spreading liquidity across all prices, LPs choose a specific price range to concentrate their capital. This means higher fee earnings per unit of liquidity — typically 5–10× more efficient than traditional AMMs. Top pools offer up to 28% APR.

CypherETH supports all major Ethereum-compatible wallets: MetaMask, Rabby, Coinbase Wallet, Rainbow, Trust Wallet, and any WalletConnect-compatible wallet. Hardware wallets like Ledger and Trezor are fully supported for maximum security.

CypherETH supports 200+ Ethereum tokens including ETH, USDC, USDT, WBTC, DAI, LINK, UNI, AAVE, LDO, ARB, MKR, SNX, CRV, and many more. Any ERC-20 token can be traded as soon as a pool is created — no permission required.

CYPH is the native governance and reward token of CypherETH. Earn CYPH by trading on the platform, providing liquidity, and referring users. CYPH can be locked as veCYPH for boosted APY, fee revenue share, and voting power over protocol parameters and pool emission allocations.

CypherETH is a unified capital markets engine — not just a swap interface or a single AMM. It combines aggregated swaps, CLMM pools, permissionless AMM factory, and governance in one interface. CypherETH aggregates across other protocols to ensure best prices while offering unique native liquidity pools and the highest LP APRs on Ethereum.

Full documentation is available at docs.cyphereth.net. For technical support, join the CypherETH community channels. Developer APIs and SDKs for building on top of CypherETH are documented at dev.cyphereth.net. Follow @CypherETH on social media for announcements and updates.

Trade Smarter.
Earn Real Yield.

$380M TVL. $2.1B volume. 0.04% fees. CypherETH is the capital markets engine Ethereum was built for.