Alpaca
Alpaca
Alpaca DEX is the non-custodial decentralized exchange built on Keeta. Swap tokens in seconds from your phone, browser, or any connected dApp — your seed phrase never leaves your wallet.
No registration, no custodians, no order books. Just connect your wallet and trade directly against on-chain liquidity pools — with every transaction settled on the Keeta ledger.
Select a pair, enter an amount, confirm — done. Trades settle on Keeta in seconds with no waiting for order matching or block confirmations.
Your private keys are encrypted and stored solely on your device. Alpaca never sees your seed phrase. Even if our servers went offline, your funds remain safe on the blockchain.
Every liquidity pool lives 100% on the Keeta blockchain with its own pool address. Balances, trades, and fees are publicly verifiable on explorer.keeta.com.
Alpaca DEX uses the Constant Product Formula to price every swap automatically. Prices adjust in real time based on pool reserves — when you buy a token, its supply in the pool decreases and the price rises naturally.
There's always a price. There's always liquidity. A transparent mathematical model that anyone can verify on-chain — no counterparties needed.
On-chain order book trading will be added alongside AMM once Keeta introduces fully on-chain order book mechanisms in their SDK — giving traders the best of both worlds.
Three steps. Instant settlement.
Select the token pair and enter the amount you want to swap
Review the expected output, price impact, and fees before confirming
Confirm and settle — your wallet balance updates instantly
Liquidity fees are set by the pool creator and auto-compound back into the pool — no manual claiming needed.
Every trade — whether from your phone, your browser, or a third-party dApp — executes against the same on-chain liquidity pools. Pick the interface that fits your workflow.
The Alpaca Wallet for iOS is a full trading terminal in your pocket. Discover tokens, check charts, swap instantly, and manage your portfolio — no desktop required.
The Alpaca Wallet Extension brings native swaps to your desktop browser. Trade directly inside the extension with optimized execution — or connect it to any Keeta dApp to sign transactions securely.
The Alpaca Explorer gives you a full-screen trading dashboard with live prices, pool data, and charts. Connect the browser extension to sign every transaction securely — your keys never touch the web app.
FX Anchors provide direct access to Alpaca's on-chain liquidity pools for any third-party dApp. Services like wallet.keeta.com can tap into the same pools and trade the same pairs — expanding access without fragmenting liquidity.
Alpaca uses Keeta-native, fully non-custodial wallets. Your private keys are encrypted and stored exclusively on your device — whether that's the iOS app or the browser extension's environment.
Alpaca LLC never has access to your keys. We can't freeze your account, reverse your transactions, or touch your funds. If Alpaca went offline tomorrow, your wallet — and everything in it — would still exist on the Keeta blockchain.
Your 24-word recovery phrase works across the Alpaca iOS app, the browser extension, and wallet.keeta.com — full cross-app access while staying fully decentralized.
Private keys are encrypted locally. Never transmitted to any server, never exposed to browser cache.
The browser extension signs transactions in a sandboxed environment. Your keys never leave the extension — even when connected to web dApps.
The same 24-word seed phrase restores your wallet in Alpaca iOS, the extension, or wallet.keeta.com. One phrase, full access everywhere.
Your wallet lives on the Keeta blockchain forever. Unlinking from Alpaca just closes the window — tokens, LP positions, and history remain untouched.
Open access to deep liquidity.
Third-party dApp (e.g. wallet.keeta.com) connects to Alpaca's FX Anchors
User initiates a swap — FX Anchor routes to the same on-chain pools Alpaca uses
Trade executes with optimal pricing against the full pool depth
Settlement on Keeta — same pools, same liquidity, no fragmentation
FX Anchors let any third-party application tap directly into Alpaca's on-chain liquidity pools. Instead of fragmenting liquidity across isolated DEXes, every dApp on Keeta can route swaps through the same deep pools.
wallet.keeta.com already uses FX Anchors to offer token swaps to its users — trading against the exact same pools as the Alpaca iOS app, extension, and web app.
More dApps connected to the same pools means deeper liquidity, tighter spreads, and better prices for everyone — a composable DeFi layer for the entire Keeta ecosystem.
Alpaca's liquidity pools live entirely on the Keeta blockchain. Each pool has a unique on-chain address, and every swap, deposit, and fee distribution is publicly recorded and auditable.
Every liquidity pool has its own unique address on the Keeta blockchain. Look up any pool on explorer.keeta.com to see reserves, volume, and fee history.
Trading fees are automatically added back into the pool reserves with every swap. The pool grows continuously — no manual claiming, no gas costs to harvest.
When you add liquidity, you receive LP tokens representing your ownership share. Withdraw anytime by burning your LP tokens to claim your proportional share of the pool — including accumulated fees.
Anyone can trade on Alpaca DEX. There's no sign-up, no account creation, and no KYC to swap tokens. Just connect your wallet and go — permissionless DeFi the way it should be.
At the same time, Keeta's on-chain identity layer means token creators can optionally verify their identity via KYC/KYB — adding accountability without restricting access for traders.
Trade on both Mainnet (real value) and Testnet (free test tokens via the Keeta Faucet) using the same wallet address. Learn the ropes risk-free before committing capital.
The Alpaca Wallet iOS app is a complete trading terminal. Discover tokens, swap instantly, create tokens, provide liquidity, bridge assets from Base — all from your phone.
One wallet address works on both Mainnet and Testnet. Import your 24-word seed phrase in the iOS app, browser extension, or wallet.keeta.com — same balances, same tokens, same history.
Non-custodial. Instant swaps. On-chain liquidity pools. Trade from your phone, your browser, or any connected dApp — your keys, your crypto.
Want the full details? Read How Swaps Work on the Knowledge Base.