XSwap protocol is the first automated market maker and Launchpad for XRC20 tokens built on the XDC Network (XDC). XSwap aims to challenge BSC-based PancakeSwap (CAKE) and Ethereum-based Uniswap (UNI) by providing secure, fast, and resource-efficient instruments for peer-to-peer exchange of digital assets. It operates on the XinFin XDC Network, facilitating exchange between XRC-20 tokens. In addition to being a reliable exchange and liquidity ecosystem, XSwap also serves as a gateway to crypto markets for early-stage products. XSwap chose XinFin XDC Network as its technical basis due to its holistic approach, versatility, and efficient distributed solution. With over 2,000 transactions per second and two-second latency, XinFin XDC Network provides a high-performance infrastructure for XSwap. The core native asset of XinFin XDC Network, XDC coin, acts as a mediator in XSwap operations. XSwap offers a native automated market making engine, allowing liquidity providers to earn periodic LP rewards by locking their XRC-20 tokens in various pools. It also features a staking module, enabling users to benefit from injecting liquidity into a single token. XSwap has its own utility and governance token, XSP, with a total supply of 13,000,000,000 coins. The tokenomics model includes token allocations for the team, founders, public sale, listing campaign, partnerships, ecosystem progress, bounty hunters, airdrop participants, and ambassadors. XSP tokens will also be utilized for additional rewards within staking and farming programs.