Token-to-Token Transfers

Frictionless Network’s token-to-token OTC offers are now live on Ethereum!

This new capability lets you directly trade one token for another through our atomic OTC platform, with zero slippage and no impact on public market prices. Here are the highlights:

• Any Token ↔ Token, No Direct Pool Needed: You can now create offers to trade any Token A for Token B without needing a direct A/B liquidity pool. As long as each token has an ETH trading route (pair), our smart contracts will triangulate the price via ETH to find a fair exchange rate. (Soon, we’ll even support using our $FRIC token for routing, enabling tokens without ETH pairs to be priced too!)

• No Market Price Impact: These OTC trades are executed without touching public order books or AMM pools, so neither token’s market price is pushed up or down by the transaction. The price for the swap is derived from on-chain ETH price feeds and locked in at offer contribution, meaning large trades happen off-market at a fixed fair price, based on the real current market price of the asset, with 0% slippage and no front-running.

• Secure Atomic Transfers: All token-to-token offers settle via atomic on-chain transfers between counterparties. Both tokens swap hands in one transaction (escrowed by our smart contract) once the offer is accepted, ensuring trustless execution. You maintain custody until the instant the deal finalizes on-chain.

• Who Benefits: Everyday DeFi users, stablecoin traders, token project teams, and OTC desks can all benefit. For example, you can trade USDC → USDT in one go with zero slippage, or swap a large token treasury position for ETH/stablecoins without dumping on the market. It’s a game-changer for anyone looking to execute big moves without moving markets.

• Coming Soon – FRIC Routing: In an upcoming update, Frictionless will integrate its native $FRIC token as a routing base for price discovery. This will allow pricing for tokens that lack deep ETH liquidity by routing through FRIC’s pools, further expanding the range of tokens you can trade OTC. (Our FRIC token already plays a key role in price feeds and will soon unlock pricing paths for more tokens.)