September 4, 2020 Binance launches centralized “swaps” platform.

Cryptoasset exchange Binance has launched its new Binance Liquid Swap platform, a trading protocol built atop the company’s centralized exchange. Liquid Swap is an automated market maker exchange that facilitates swaps using smart contract-based liquidity pools, in much the same manner as leading decentralized exchange Uniswap. There are three initial trading pairs currently available on Liquid Swap: USDT/BUSD, BUSD/DAI, and USDT/DAI.