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    Component Swap

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    TL;DR

    Component Swap is an AMM for assets of the same numeraire

    Dossier

    ## Overview Component Swap is an automated market maker (AMM) designed specifically for trading assets that share the same numeraire. Unlike general-purpose DEXs that handle arbitrary token pairs, Component Swap constrains its liquidity pools to assets denominated in or pegged to a single unit of account. This architectural choice simplifies pricing mechanics, reduces slippage in certain market conditions, and creates a more focused trading environment for assets within that numeraire ecosystem. The tool exists to address a specific gap in decentralized exchange design. Many mainstream AMMs tr