> 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**

<div align="center"><img src="/files/aJfGytK2jqXAwuSPzExD" alt=""></div>

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.**

![](https://lh5.googleusercontent.com/qHwzAz2neiYW407ifLkM5X5vZHwI1jq3lVKCCqssjbkSGiCy0fisEWgzOt_fNhRHPTV5NlW9u4ODVEy6lEvnj8qPONB6sDAMD-Xu47Q7R7G0dgal6cGybqK-6-JYsQwRQkhQ-Q3-rdVHs99HWQ)

### **iZiSwap Guide**

[**https://docs.izumi.finance/tutorial/how-to-use-iziswap**](https://docs.izumi.finance/tutorial/how-to-use-iziswap)