# III.4 AZC Web3

### AZC Web3: <https://app.azcoiner.com/>

AZC Web3 aims to build a derivative ecosystem that caters to everyone, from beginners to seasoned experts in the cryptocurrency field. Notably, AZC Web3 has integrated with up to 5 popular blockchain chains such as Ethereum, BNB Smart Chain, Arbitrum One, Polygon, and Optimism. And that's just the beginning as we are aiming to expand further with many more multichain integrations in the future.

### AZC Swap: [https://app.azcoiner.com/swap ](#azc-swap-https-app.azcoiner.com-swap)

AZC Swap is an Automated Market Maker (AMM) protocol and a decentralized exchange (DEX) built on multiple chains, allowing users to swap various tokens. AZC Swap is currently the most commonly used exchange due to its speed and convenience. The AMM mechanism facilitates trading on AZC Swap without needing an order book. Instead, a smart contract acts as the intermediary; sellers deposit assets into a place called a liquidity pool, and buyers swap their assets with those in the pool through the smart contract.

### AZC Liquidity: [https://app.azcoiner.com/liquidity](#azc-liquidity-https-app.azcoiner.com-liquidity)&#x20;

Each liquidity pool on AZC Swap is a trading venue for a pair of tokens. When the pool contract is created, the balance of each token is zero. To start providing trades, a Liquidity Provider (LP) needs to deposit funds for each token. The first LP will set the initial price for the pool. LPs are encouraged to provide equal value for the two tokens. Conversely, if the first LP provides two tokens with different value ratios compared to the market price, an arbitrage opportunity may arise, potentially being exploited by others. When LPs provide liquidity to the pool, they receive Liquidity Tokens equivalent to the amount of liquidity they provided. These tokens represent the LP’s contribution to the pool.&#x20;

For each trade, a 0.3% fee is proportionally distributed to all LPs in the pool at the time of the transaction. To withdraw the deposited liquidity and the accrued fees, LPs need to burn their liquidity tokens. LPs can also sell, transfer, or use them as they wish.

### AZC Perp: [https://perp.azcoiner.com/](#azc-perp-https-perp.azcoiner.com)&#x20;

AZC Perp is a multi-chain futures trading platform that offers users a simple and convenient trading experience. Unlike other derivative DEX platforms, AZC Perp allows users to trade tokens with small market caps and high volatility, suitable for those who prefer high-risk investments. Additionally, AZC Perp optimizes the user trading experience by minimizing slippage and creating a liquidity provision environment with the best returns using a dynamic ACM mechanism.

#### Some of the main features that AZC Web3 is developing and testing on the testnet include:

* Spot: A platform for those who want to buy and sell cryptocurrencies traditionally, based on supply and demand principles.&#x20;
* Perpetual: A place where people can engage in trading through futures contracts.&#x20;
* Option: A market that allows you to trade using options contracts.&#x20;

<figure><img src="/files/k9Yai7p7C9Ft5m1w7Flu" alt="" width="563"><figcaption></figcaption></figure>


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://whitepaper.azcoiner.com/iii.-core-features/iii.4-azc-web3.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.