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Concept guide

Explanations, reading order, and protocol context.

Long-form reading
Section guide

Ring Overview

Start Here

Ring is best understood as a liquidity and asset-layer project, not just as another swap frontend.

Today, the most important parts of Ring are:

  • Ring Protocol team: the team building Ring products and integrations
  • Few Protocol: Ring's asset layer for wrapping original ERC-20 assets into FewToken
  • Ring Swap (v2): Ring's native AMM and routing system built around FewToken
  • Uniswap v4 integration: Ring also uses FewToken in Uniswap v4 liquidity environments, but this does not mean Ring operates a separate native "Ring v4" AMM
  • Ring Interface: the main web interface for interacting with Ring products

What makes Ring different

The main idea behind Ring is FEW, short for Financial Elastic Wrapping.

Rather than treating swap as the entire product, Ring introduces an asset layer first:

  1. original ERC-20 assets are wrapped into FewToken
  2. FewToken is then used in trading, routing, and other protocol integrations
  3. the goal is to expand usable liquidity and improve quote competitiveness

This means Ring should be thought of as:

  • a capital-efficiency protocol
  • a liquidity amplification layer
  • a trading and routing infrastructure project built around FEW

How to read these docs

If you are new to Ring, the recommended reading order is:

  1. The Ring Protocol for the high-level model
  2. Few Protocol for the core asset layer
  3. Ring Swap (v2) for the native swap system
  4. Uniswap v4 Integration for how FewToken is used outside Ring Swap