Swap and trade
Swap USDC and EURC today with a guaranteed minimum and one Face ID; any token on Arc, meme coins and long/short positions are coming.
Swap USDC ↔ EURC (today)
"Swap 10 dollars to euros" or the Swap screen. Kawase gets a quote through Circle's App Kit and shows:
- the amount you give and the amount you get, at least,
- Circle's market rate next to the quoted rate, and the fees,
- a warning if the quote is noticeably worse than the market rate; a quote far worse is refused.
On mainnet the guaranteed minimum is 1% under the quote (2% on testnet, where pools are thin). The route itself is built at half that tolerance, so a small move between the quote and your confirmation still clears the minimum.
You confirm every swap yourself with one Face ID — swaps are never covered by the everyday allowance. The approval and the swap go to the network as one transaction (an EIP-7702 batch from your own wallet), so either both happen or neither does. Kawase marks the swap complete only when the receipt shows the exact amount leaving your wallet and at least the minimum arriving.
Any token, meme coins, long and short (coming)
The plan is to make every token on Arc first-class: see everything your address holds, swap any listed token with quotes compared across aggregators, and trade meme coins with safety checks (copycat detection, token risk data and your own token rules capping the risk). Long and short positions (perpetual futures) on Arc's perps venues are planned the same way: a clear ticket with leverage, liquidation price and take-profit/stop-loss, confirmed with Face ID.
These are marked coming in the matrix above until they ship; nothing here is presented as available before it is.
Swap USDC and EURC
What runs today
- USDC ↔ EURC on Arc through Circle's App Kit, with a quote, a guaranteed minimum and one Face ID
Not yet
- other tokens
- token safety checks and the person's own token rules
- limit orders, DCA and price-triggered swaps
- charts