HyperSwap

The HyperSwapSDK manages HyperSwap — a public good enabling direct multi-party swaps with unlimited assets and zero fees, using merkle trees to eliminate on-chain storage costs.

Concepts

How HyperSwap Works

Traditional atomic swaps require on-chain state for each offer. HyperSwap eliminates this by using merkle trees:

1. Create offers — A maker creates multiple swap offers (e.g., “I’ll trade 100 AKTA for 50 USDC”)
2. Build merkle tree — All offers are hashed into a merkle tree
3. Store root — Only the merkle root is stored on-chain
4. Accept with proof — A taker accepts an offer by providing the merkle proof

This allows a single user to create thousands of swap offers with minimal on-chain storage.

Atomic Execution

Swaps execute atomically — either both sides of the trade complete, or neither does. There’s no counterparty risk.

Initialization

import { HyperSwapSDK } from '@akta/sdk/hyper-swap'

const hyperSwap = new HyperSwapSDK({ algorand })

Key Features

• Zero fees — A public good with no protocol fees
• Unlimited assets — Trade any ASA for any other ASA or ALGO, with no limit on the number of assets per swap
• Merkle tree storage — Thousands of offers from a single on-chain root
• Atomic execution — Zero counterparty risk
• Cancel support — Makers can cancel their offers

HyperSwap operations through a wallet use the HyperSwapPlugin. See Wallet Plugins.