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Token Swap Meaning

A token swap is the exchange of one digital asset for another, either through decentralized protocols or centralized platforms. Swaps can be executed via liquidity pools, order books, or cross-chain bridges.

Token swaps enable portfolio rebalancing, arbitrage, and access to new assets without converting to fiat. Pricing depends on liquidity depth and execution mechanisms.

Efficient swap infrastructure is fundamental to liquidity flow and interoperability within crypto markets.

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