Pontem Liquidswap (LSD) is the governance and utility token for Liquidswap, the leading
automated market maker (AMM) DEX on the Aptos
blockchain and broader Move ecosystem, developed by Pontem Network, a product studio backed by investors including Lightspeed Venture Partners, Pantera Capital, and Faction. Liquidswap enables secure token swaps, yield farming, staking, and
liquidity provision using the Move programming language for enhanced performance and security, with multiple audits from firms like Ottersec, Zellic, and Halborn. The LSD token facilitates decentralized governance through the Liquidswap
DAO, allowing holders to vote on protocol parameters, treasury management, and future developments, while supporting staking for rewards and community incentives in a high-volume
DeFi environment.
When Did Pontem Liquidswap Launch?
Pontem Network, founded by Alejo Pinto and Boris Povod, launched Liquidswap as the first AMM on Aptos in 2022, with the LSD governance token introduced in July 2024 to decentralize the protocol further. The token generation event included airdrops to early users based on trading volume and liquidity provision before April 2024 snapshots, with additional vesting over months. Key milestones include the 2025 airdrop expansions, integrations with Movement and Lumio chains, and ongoing audits ensuring reliability, positioning Liquidswap as the dominant DEX on Aptos with billions in cumulative volume by December 2025.
What Are the Key Features of Pontem Liquidswap?
Pontem Liquidswap features Move-language smart contracts for superior security and speed, low slippage swaps with concentrated liquidity pools, yield farming and staking modules for passive income, and audited emergency brakes for risk management. It supports cross-chain expansions to Movement, Lumio, and Aptos ecosystems, governance via LSD-weighted voting for DAO proposals, premium tools like limit orders and analytics, and community rewards including airdrops and referral bonuses, all designed to provide efficient, user-friendly DeFi on high-performance Move blockchains with multiple independent audits ensuring protocol integrity.
What Is LSD Used For?
LSD is used for staking to participate in governance votes on protocol upgrades and treasury allocation, accessing premium features and analytics within Liquidswap, earning rewards from yield farming and liquidity provision, paying discounted fees for advanced trading tools, bridging to other Move-compatible chains for multi-ecosystem use, and receiving airdrops or incentives for early adopters and active community members.
What Is the LSD Token Utility?
LSD serves as the primary governance token for the Liquidswap DAO, enabling weighted voting on development proposals and parameter changes, captures value through fee shares directed to stakers, incentivizes long-term participation via vesting and rewards, and supports ecosystem growth by funding grants and integrations from treasury reserves.
What Blockchain Does Pontem Liquidswap Operate On?
What Are LSD Tokenomics?
LSD has a total supply of 42 million tokens, with allocations including 5% initial airdrop (partially vested), significant portions to community incentives and staking rewards, team vesting over years, and treasury for sustainability. As of December 2025, circulation reflects ongoing unlocks, with deflationary pressure from potential burns and revenue shares supporting long-term scarcity in the Aptos DeFi landscape.
How To Securely Store LSD
LSD works with the most popular crypto wallets that support EVM-based assets. The easiest way to engage with LSD is through
BingX Spot Market where users can buy, sell, and hold tokens securely without managing private keys or additional wallet setups. This approach offers exchange-level security, a custodial wallet service, and instant trading access, making it convenient for new and experienced users alike. This token is also compatible with leading self-custody wallets such as
MetaMask and
Trust Wallet along with other major EVM-compatible wallets and hardware options like
Ledger. These wallets give users full control over their private keys and allow direct participation in decentralized applications, platform features, staking, governance, and cross-network transactions within the Pontem Liquidswap ecosystem. By adding the Aptos network and importing the LSD token using its contract address, users can enjoy secure and seamless access to all platform utilities and rewards.
Is LSD a Good Investment?
Pontem Liquidswap's LSD token governs the leading AMM on Aptos with audited Move contracts and growing TVL, featuring vesting airdrops and community incentives for decentralization. As of December 2025, the 42 million capped supply supports a mid-cap valuation with staking rewards, benefiting from Aptos ecosystem expansion, though it competes with established DEXs and faces unlock schedules. Its security focus and DAO progression offer resilience; a considered mid-cap DeFi governance play requiring thorough research.