On-chain activity
Xgram Exchange
Xgram Exchange aggregates liquidity from multiple centralized and decentralized exchanges while maintaining proprietary reserves, executing cross-chain cryptocurrency swaps through a non-custodial architecture. The platform claims to process transactions across multiple trading pairs with fee structures starting at 0.1%, implementing smart order routing algorithms to optimize pricing. Users access swap functionality through web interfaces or Telegram mini-applications without mandatory registration, with the system supporting both floating and fixed-rate exchange mechanisms for managing volatility risk.
Xgram
Xgram
Xgram is a non-custodial cryptocurrency exchange platform that launched in March 2024, designed to make cross-chain token swaps simple, fast, and private without requiring account registration or identity verification. The service operates at xgram.io and supports more than 590 cryptocurrencies across over 100 blockchain networks, including Solana, Bitcoin, Ethereum, Tron, BNB Chain, Polygon, Arbitrum, and TON.
What Xgram Does
Xgram functions as an instant swap aggregator, routing trades through a combination of centralized exchange liquidity and decentralized exchange pools. Users specify an input asset, enter a destination wallet address for the output asset, and receive funds directly to that address — the platform never holds custody of user funds during the process. There is no account creation required for standard swaps, and no KYC documentation is collected for most transaction sizes.
The platform supports over 40,000 active trading pairs across its supported networks. Solana (SOL) is fully supported, including popular pairs such as BTC-to-SOL, SOL-to-ETH, SOL-to-USDT, and SOL-to-BNB. Xgram also supports SPL tokens and Solana-native stablecoin routes.
Core Technology
Xgram's liquidity infrastructure combines internal reserves, partner liquidity pools, and real-time market depth aggregation across more than 100 networks. In November 2025, the team unveiled a significant infrastructure upgrade — the Hybrid Liquidity Engine — which merges internal reserves, partner liquidity, and a proprietary Smart Hedge Protection mechanism. Smart Hedge locks exchange rates at the time of order creation, shielding users from price slippage during the swap execution window. This upgrade coincided with Xgram moving to fully self-hosted infrastructure with dedicated blockchain nodes, reducing dependence on third-party custodians.
The platform offers two rate modes:
- Floating rate: The exchange rate follows the market and adjusts up to the moment of settlement, appropriate for users who prioritize receiving the transaction immediately.
- Fixed rate: The rate is locked at order creation and held until fulfillment, protecting against volatility at the cost of a slightly wider spread.
Xgram reports a 99.5% successful swap completion rate across all pairs, with average swap times of approximately 5 minutes, and a range of 2–10 minutes depending on the source and destination networks.
Multi-Swap Capability
A notable feature distinguishing Xgram from simpler swap services is its multi-swap functionality. Users can initiate a single inbound transfer and split the proceeds into up to five separate outputs — different coins, different destination addresses, or both — within a single operation. This is useful for portfolio rebalancing, distributing proceeds to multiple wallets, or converting a single asset into a diversified set of holdings in one transaction.
Privacy and Compliance
Xgram occupies an unusual position: it targets privacy-conscious users through registration-free, non-custodial swaps, while simultaneously applying AML (anti-money laundering) screening to all deposits. The platform states that it produces AML-clean outputs, meaning the assets sent to users' wallets are screened and verified against compliance databases prior to dispatch.
In December 2025, Xgram launched direct Bitcoin-to-Monero swap routes — a privacy-sensitive pair that most regulated exchanges decline to support. The same month, the company reported it had surpassed $10 million in monthly BTC-to-XMR private swap volume. This positions Xgram within the segment of services that serve privacy-preferring users while maintaining compliance infrastructure, a balance the platform markets as distinct from both fully custodial exchanges and fully anonymous DEX protocols.
Telegram Integration and API Access
Xgram is available as a Telegram Mini App, allowing users to execute swaps directly inside the Telegram messaging interface without visiting a web browser. This is one of the platform's primary distribution channels, targeting users who prefer mobile-first interaction and Telegram's built-in wallet infrastructure.
The platform also offers a developer API and embeddable widget, enabling third-party applications and websites to integrate Xgram's swap functionality. Xgram has noted MCP (Model Context Protocol) compatibility with AI tools including Claude and Cursor agents, meaning the swap quoting and execution flow can be triggered programmatically by AI-based workflows without exposing private keys.
As of the time of writing, Xgram reports more than 100 active API partners and integrations.
Security
Xgram's smart contract infrastructure and system architecture have been audited by Hacken, an independent blockchain security firm. The platform does not store private keys or user account data. Funds move directly from the user's source wallet to the destination wallet, with Xgram routing the trade rather than acting as a custodian at any point in the process.
Scale and Traction
Since its March 2024 launch, Xgram reports processing over one million successful swaps and reaching more than 100,000 users. The platform provides 24/7 customer support via Telegram and email, and offers personal manager assistance for large-volume transactions.
Xgram has received coverage from CaptainAltcoin, CryptoWisser, Chainwire, Phemex News, and TechFinancials, among other cryptocurrency media outlets.
Limitations
Xgram is a crypto-to-crypto only platform — it does not support fiat on-ramps or off-ramps. Users cannot deposit via credit card or bank transfer, nor convert crypto to fiat for withdrawal. The platform does not offer advanced trading tools such as limit orders, stop-losses, or price charts; it is designed exclusively for immediate, market-rate or fixed-rate swaps. As a relatively new service (launched 2024), it has a shorter performance track record than older non-custodial exchange incumbents.
There is no native Xgram token.
Summary
Xgram is a cross-chain, non-custodial instant swap service that covers Solana alongside more than 100 other blockchain networks. Its key differentiators are its registration-free model, Smart Hedge rate-locking technology, multi-swap outputs, Telegram Mini App distribution, and MCP compatibility for AI agent integrations. The platform targets users who want broad cross-chain liquidity with privacy defaults — no account, no KYC, no custody — while still applying AML compliance screening to swap outputs.
Contents
- What Xgram Does
- Core Technology
- Multi-Swap Capability
- Privacy and Compliance
- Telegram Integration and API Access
- Security
- Scale and Traction
- Limitations
- Summary
Solana Token Markets