Morphswap empowers interoperable DeFi with fast-finality cross-chain swaps. Morphswap is a fully-decentralized, permissionless, cross-chain AMM. For eaxmple, Morphswap enables users to swap UNI on Ethereum for CAKE on BNB.
Morphswap functions as a decentralized and fully extensible AMM by routing "meta-transaction" constituent on-chain transactions on separate blockchains by utilizing a structured network of Chainlink Oracles communicating with "meta-transaction"-entangled chains via a mesh of JSON RPC APIs. These Oracles ping a node in the mesh when instructed to do so by a transaction on their "domestic" chain. These transactions originate from users - as the public is incentivized to do so by a 'tip' they get sent by the protocol when their transaction is responsible for an Oracle ping resulting in received data from the queried chain about a new "meta-transaction" in which the Oracle's "domestic" chain is entangled in.
