SwapX operates as the native decentralized exchange (DEX) on the Sonic L1 blockchain. It utilizes Algebra Integral V4 to enable concentrated and active liquidity management, providing advanced plugin-based DeFi solutions. The platform employs ve(3,3) tokenomics to facilitate fair reward distribution and stable growth. SwapX won a grant in the SAPPHIRE category of the Sonic Boom competition, which featured more than 1,000 participants, due to its innovations in plugins.