Liquidity

Where the metal comes from.

ForgeSwap holds no pool and takes no custody. Every swap draws its liquidity from live external venues — the forge shapes the metal, the market supplies it.

Figures below are read from public market data and refreshed continuously by our servers. Your browser only ever talks to us.

XMR / USDC · Hyperliquid spot order book
07:02:39 UTC
Mid price
533.44 USDC
Spread
22.5 bps
best bid → best ask
Bid depth ±2%
$13K
sellable without moving mid 2%
Ask depth ±2%
$116K
buyable without moving mid 2%
24h volume
$2.4M
notional traded
Bid (USDC)Size (XMR)
533.74 1.95
533.64 0.90
533.63 3.67
533.62 0.75
533.45 0.03
533.15 0.04
533.14 3.17
533.13 0.03
533.12 3.08
533.04 2.53
532.93 4.75
532.92 3.24
532.86 0.03
532.82 0.04
532.70 0.11
Ask (USDC)Size (XMR)
534.94 7.11
535.52 0.09
535.85 0.09
535.93 44.94
535.94 13.55
535.97 10.00
535.99 10.00
536.07 45.00
536.11 30.00
536.13 0.53
536.18 0.09
536.32 10.00
536.51 0.09
536.56 30.00
536.57 15.00

Top 15 levels each side · bars scaled to the largest level in view · snapshot only — the live book moves faster than any page can.

How your swap is filled

Three passes at the anvil. At no point do we hold a balance of our own that your order depends on.

PASS 01 — QUOTE

Priced against the live market

The rate you see is derived from real depth at that instant — order books and routing costs, not a number we invent. If a route lacks depth for your size, the quote refuses before you send anything. Never after.

PASS 02 — ROUTE

Sourced from external venues

Your deposit is exchanged against external liquidity across Monero, EVM chains and native networks. The forge shapes the metal; the market supplies it. We take a routing fee — that's the whole business model.

PASS 03 — SETTLE

Delivered to your keys

The output lands at the address you control, on-chain, verifiable in any block explorer. No balance sits with us before, during or after. What you see on the swap screen is what settles.

Coverage

Limits are not marketing numbers — they are read live from route depth when you ask for a quote.

Networks
Monero · EVM · native

First-class XMR on both sides of a swap, alongside major EVM chains and native networks like Bitcoin.

Minimums & maximums
Quoted live

Each route carries its own floor and ceiling, set by real depth. The swap screen shows them before you commit.

Typical settlement
Minutes, not days

Bounded by chain confirmations, not by our processing. Monero's confirmation time is usually the longest leg.

Don't trust us — check

A liquidity page is easy to write. Here is what you can verify without believing a word of it.

The market is open. So is the forge.

Start a swap