KyberSwap Elastic is a cryptocurrency exchange that operates on the Polygon network. It was founded by Loi Luu, Victor Tran, and Yaron Velner in 2017. The founders are experienced in the blockchain industry, with Luu being the co-founder and CEO of Kyber Network, a decentralized exchange, Tran being the co-founder of Kyber Network and a former software engineer at Google, and Velner being a computer science professor at Tel Aviv University and a co-founder of Kyber Network.

KyberSwap Elastic launched in May 2021, with the aim of providing users with a fast and efficient trading experience on the Polygon network. The exchange allows users to trade a variety of cryptocurrencies, including Ethereum, Bitcoin, and USDC, among others. It also offers users the ability to earn rewards through liquidity provision and staking.

KyberSwap Elastic is located in Singapore, where the company is registered. The exchange is part of the Kyber Network ecosystem, which includes other products such as KyberDAO and KyberPRO. The company has received funding from various investors, including Blockchain Capital, Pantera Capital, and Fenbushi Capital. With its experienced team and focus on providing a seamless trading experience on the Polygon network, KyberSwap Elastic is poised to become a leading cryptocurrency exchange in the industry.