Deltaswap is a constant-function market maker that uses the constant product formula based on a fork of Uniswap V2. Unlike Uniswap V2, there are no fees if the size of the transaction is below a certain percentage of the average liquidity in the pool.

Zellic conducted a security assessment for GammaSwap Protocol from October 31st to November 1st, 2023. During this engagement, Zellic reviewed Deltaswap's code for security vulnerabilities, design issues, and general weaknesses in security posture.