> For the complete documentation index, see [llms.txt](https://docs.izumi.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.izumi.finance/product/iziswap.md).
# iZiSwap
Initially launched on BNB Chain, iZiSwap is an innovative Discretized-Liquidity-AMM that provides efficient on-chain liquidity for Web3 assets, it could have more than 5000x capital efficiency than traditional x\*y=k DEX.
### **DL-AMM**
The DL-AMM algorithm uses a new discrete concentrated liquidity algorithm with concentrated liquidity market-making characteristics similar to Uniswap V3, but enables liquidity to be precisely distributed on any fixed prices rather than a price range. This allows iZiSwap to be more manageable in terms of liquidity and to support more trading methods, such as **limit order.**
### **iZiSwap Guide**
[**https://docs.izumi.finance/tutorial/how-to-use-iziswap**](https://docs.izumi.finance/tutorial/how-to-use-iziswap)
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