> For the complete documentation index, see [llms.txt](https://docs.jewelswap.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.jewelswap.io/multiversx/jewelswap-yield-farming/farms/xexchange-farms-energy-dao.md).

# xExchange Farms (Energy DAO)

## About

xExchange is the DEX that launched on MultiversX, offering AMM style Liquidity Pools and swap for users.

***

## Features

xExchange Farms get to enjoy the following JewelSwap Farm Types:

* [Boosted ](/multiversx/jewelswap-yield-farming/farm-overview/boosted-yield-farming.md)Yield Farming

(Optimized Farming and Leveraged Farming are not possible due to xExchange's design as of today)

Farm rewards, which xExchange pays out in xMEX tokens, minted in the form of JWLXMEX and given to the user (claimable).

xExchange offers boosted yields for users that own enough xMEX (xMEX = locked MEX). Because JewelSwap owns a lot of xMEX (due to the [JWLMEX ](/multiversx/staking-derivatives/introduction-to-staking/derivative-tokens/unredeemable-derivatives/jwlmex.md)and [JWLXMEX](/multiversx/staking-derivatives/introduction-to-staking/derivative-tokens/unredeemable-derivatives/jwlxmex.md) derivative) it can offer higher APYs to it's users.

### How the boost is calculated

An xExchange V2 farm splits its MEX emissions into two parts:

* a **base** share, distributed across all LPs in proportion to the liquidity they provide, and
* a **boosted** share, distributed in proportion to *energy* — the weight you get from locking MEX as xMEX, which grows with both the amount locked and how long it stays locked.

Currently xExchange allocates **60%** of emissions to the boosted share and caps the boost at a **maximum rewards factor of 2**. A position carrying enough energy to reach that cap therefore earns **3× the base rate**.

Because the energy sits with JewelSwap rather than with you, a deposit reaches that rate without locking any MEX yourself — no four-year commitment, and no xMEX position to manage or roll.

| Farm         | Base APR | At maximum energy |
| ------------ | -------- | ----------------- |
| TADA – WEGLD | 32.08%   | 96.24%            |
| QWT – WEGLD  | 31.15%   | 93.44%            |
| KWAK – WEGLD | 25.57%   | 76.72%            |
| EGLD – MEX   | 19.78%   | 59.35%            |

Both figures are published by xExchange and move with emissions, pool size and total energy in the farm, so treat the table as a snapshot (13 September 2026) rather than a quoted rate. The boosted figure is what a maximally-boosted farm position earns; see the [fee table](/multiversx/jewelswap-yield-farming/protocol-fees.md#ashswap-farms) for the share taken by the protocol and by JWLXMEX stakers before rewards reach a depositor.

<figure><img src="https://3117035386-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fe2XhjuTCLaijupvOzJHJ%2Fuploads%2Fgit-blob-2c8adc06b52fd3464aedd784e239ff488eee84b6%2Fimage.png?alt=media" alt="The xExchange farms table in the JewelSwap app, listing each pool with its TVL and Max APY"><figcaption><p>xExchange farms in the app, ordered by TVL. Max APY is the boosted rate net of the protocol fee.</p></figcaption></figure>

***

## Usage

For a UI walkthrough of how to use the farms, check out [the tutorial](/multiversx/jewelswap-yield-farming/position-management.md).

### Fees

For fee information, check out the [fee table](/multiversx/jewelswap-yield-farming/protocol-fees.md#ashswap-farms).
