Skip to content

DappsAtlas index · 14,224 dApps

DappsAtlas
CarbonSwap logo

DEXes · Review

CarbonSwap Review 2026: Green DEX on Energy Web Chain

CarbonSwap is an automated market maker DEX, bridge and NFT marketplace built for Energy Web Chain with a sustainability theme. It is a small, niche venue with low liquidity and no listed audits.

By the DappsAtlas editorial team · Updated

DappsAtlas score

4.8/10

Weak

Our verdict on CarbonSwap

4.8/10

CarbonSwap suits curious DeFi users who want to explore Energy Web Chain and like the sustainability theme. Its strength is a complete small ecosystem: an AMM, an Omnibridge to Ethereum, an NFT marketplace and the SUSU token. The main caveat is risk. Liquidity is thin at roughly 61,849 USD TVL, no audits are listed, and the bridge adds extra exposure. Treat it as experimental and keep exposure small.

Score breakdown

How CarbonSwap scores

Security
3.5/10
Ease of use
5.5/10
Fees
n/a
Features
5.5/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is CarbonSwap?

CarbonSwap describes itself as a family of interconnected, sustainability-focused DeFi and NFT products. The first pieces were an automated market maker DEX and a bi-directional ERC-to-ERC bridge, called the Omnibridge, between Ethereum Mainnet and Energy Web Chain. A community post calls it the first zero-carbon DEX on the Energy Web blockchain.

Beyond swapping, the project has an NFT marketplace called GreenSea, with themed collections and merchandise tie-ins, and a token called SUSU used for farming and governance. It has been tracked since October 2021, and its public code lives on GitHub.

The scale is small. Total value locked is around 61,849 USD with a 1.7% rise over seven days, and no audits are listed. The homepage could not be checked for this review, so current activity should be confirmed directly on the site.

How CarbonSwap works

CarbonSwap is an automated market maker. Instead of matching buyers and sellers in an order book, it holds pools of two tokens. Traders swap against the pool, and the price moves according to the pool balance. Liquidity providers deposit both tokens and earn a share of trading fees, and they also take on impermanent loss.

Because it lives on Energy Web Chain, assets from Ethereum need to be moved over first. The Omnibridge locks or wraps an ERC token on Ethereum Mainnet and issues a wrapped version on Energy Web Chain. Once the transaction completes, the wrapped asset can be traded on CarbonSwap. The same path works in reverse.

The SUSU token ties into farming and a weighted, token-based governance model described by the project. The GreenSea marketplace extends the product family to NFTs.

6 features

Key features

01

AMM decentralized exchange

A constant-product style AMM lets users swap tokens and provide liquidity on Energy Web Chain without an order book or central custodian.

02

Omnibridge to Ethereum

A bi-directional bridge moves ERC tokens between Ethereum Mainnet and Energy Web Chain, wrapping them on the destination chain.

03

GreenSea NFT marketplace

GreenSea is an NFT marketplace linked to the project, with themed collections and a published tutorial. NFT contracts such as Season 1 are visible on the chain explorer.

04

SUSU token and farming

SUSU is used for farming and for a weighted, token-based governance model that the project describes as community-driven.

05

Sustainability positioning

The project positions itself as the first zero-carbon DEX on Energy Web Chain, a network built around energy-sector and sustainability use cases.

06

Public code repositories

The project keeps public code repositories on GitHub, which allows technical users to inspect parts of its software.

Pros and cons

What we like

  • Fills a niche as a DEX on Energy Web Chain with a clear sustainability theme
  • Omnibridge links the chain to Ethereum Mainnet for moving ERC tokens
  • Includes an NFT marketplace and SUSU farming beyond plain swaps
  • Public GitHub presence and on-chain NFT contracts that can be inspected
  • Non-custodial AMM design means users keep control of their wallets

Watch out for

  • Very small TVL of about 61,849 USD, so liquidity is thin and larger trades may see heavy price impact
  • No audits are listed for the protocol
  • Runs on Energy Web Chain, a niche network with far fewer tools, wallets and traders than Ethereum
  • The bridge adds smart-contract risk on top of the exchange itself
  • Team, fees and governance details are not clearly published in the material reviewed
  • Most public write-ups date from 2021, so current development activity is unclear

CarbonSwap fees

CarbonSwap does not publish a fee schedule in the material reviewed. As an AMM, it would normally charge a small swap fee that goes to liquidity providers, and the rate is usually shown in the swap interface before you confirm a trade.

You should also expect network gas on Energy Web Chain and, when moving assets across the Omnibridge, transaction costs on Ethereum Mainnet. Check the quoted fee and price impact on screen before every swap or bridge transfer.

Is CarbonSwap safe?

No audits are listed for CarbonSwap, and the material reviewed does not name a team or a bug bounty. AMM contracts and bridges are both common targets for exploits, and a bridge failure can leave wrapped tokens unbacked. Keep amounts small and approve only what you need.

CarbonSwap is non-custodial, so you hold your own keys, but that also means mistakes cannot be reversed. Its regulatory status is not published. Check that DeFi use is legal where you live.

6 steps

How to get started with CarbonSwap

  1. 1

    Check that using a DeFi exchange is permitted where you live and understand that this is a small, unaudited venue.

  2. 2

    Set up an EVM-compatible wallet and add Energy Web Chain as a network.

  3. 3

    Use the Omnibridge to move a small test amount of an ERC token from Ethereum Mainnet to Energy Web Chain.

  4. 4

    Wait for the transaction to finish and confirm the wrapped asset appears in your wallet.

  5. 5

    Open the CarbonSwap exchange, connect the wallet and review the quoted fee and price impact before a small swap.

  6. 6

    Only add liquidity or farm SUSU after reading the pool terms and accepting impermanent loss and smart-contract risk.

Who CarbonSwap is for

CarbonSwap is for experienced DeFi users who are already active on Energy Web Chain or interested in sustainability-themed projects and accept the risk of a small, unaudited protocol. It is a poor fit for anyone who needs deep liquidity, large trades or audited, battle-tested contracts.

CarbonSwap FAQs

What is CarbonSwap?

CarbonSwap is a family of sustainability-focused DeFi and NFT products. It started with an AMM decentralized exchange and an Omnibridge that moves ERC tokens between Ethereum Mainnet and Energy Web Chain. It also has an NFT marketplace called GreenSea.

Which blockchain does CarbonSwap use?

It runs on Energy Web Chain. A bridge connects it to Ethereum Mainnet so that ERC tokens can be wrapped and traded on the Energy Web side.

What is the SUSU token?

SUSU is the token tied to CarbonSwap, and a community guide describes farming it. The project describes weighted token-based governance. Exact tokenomics are not covered in the material reviewed.

How do I get tokens onto CarbonSwap?

You bridge assets from Ethereum Mainnet to Energy Web Chain using the Omnibridge. Once the transaction completes, the wrapped assets appear on Energy Web Chain and can be traded on CarbonSwap.

Is CarbonSwap safe?

No audits are listed for the protocol. Its TVL is also small. Treat it as a high-risk, experimental venue and only use money you can afford to lose.

What fees does CarbonSwap charge?

The project does not publish a clear fee table in the material reviewed. Swap fees in AMMs are normally shown in the trading interface before you confirm, and you also pay network gas and any bridge costs.

Compare

CarbonSwap alternatives

All alternatives
Hydration DEX logoScore 7.2 out of 10

Hydration is a DeFi appchain combining a DEX, lending and the HOLLAR stablecoin, aimed at users who want yield and liquidity strategies in one place.

TVL $23.7M−1.9%Other
Uniswap V3 logoScore 8.4 out of 10

Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.

TVL $1.51B−3.7%Ethereum · Base · Arbitrum +38
Uniswap V4 logoScore 8.5 out of 10

Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.

TVL $1.14B−2.9%Ethereum · Robinhood Chain · Base +19
Uniswap V2 logoScore 8.0 out of 10

Uniswap V2 is a non-custodial automated market maker DEX on 17 chains for token swaps and liquidity provision, with about $938M TVL.

TVL $864M−4.1%Ethereum · Base · Polygon +14
PancakeSwap AMM V3 logoScore 7.8 out of 10

PancakeSwap AMM V3 is a multichain decentralized exchange using concentrated liquidity pools, for traders and liquidity providers, led by BNB Chain.

TVL $694M−2.5%BNB Chain · Ethereum · Base +8
Gala Swap logoScore 6.5 out of 10

Gala Swap is a non-custodial DEX on GalaChain for swapping Gala ecosystem tokens and earning fees through concentrated liquidity pools.

TVL $2.96M−4.8%Other

Same category

More DEXes

DEXes rankings

Curve

DEXes

Score 8.0 out of 10

Curve is a decentralized exchange on Ethereum built for low-slippage swaps of stablecoins and similar assets, with CRV governance and a crvUSD stablecoin.

Ethereum
Pancakeswap logoScore 8.0 out of 10

PancakeSwap is a BNB Smart Chain decentralized exchange with swaps, farming, staking and CAKE governance for self-custody DeFi users.

BNB Chain
Pancakeswap V2 logoScore 7.8 out of 10

PancakeSwap V2 is a constant-product AMM DEX mainly on BNB Chain for swapping tokens, providing liquidity and farming CAKE rewards.

BNB Chain · Base
THORChain DEX logoScore 7.7 out of 10

THORChain is a Layer 1 DEX for swapping native assets across blockchains without wrapped tokens or bridges, aimed at self-custody and no-KYC users.

TVL $62.1M−6.0%THORChain · Bitcoin · Ethereum +10
Raydium logo

Raydium

DEXes

Score 7.6 out of 10

Raydium is a decentralized exchange and automated market maker on Solana, built around fast, low-cost swaps and liquidity pools.

Solana
Quickswap logoScore 7.6 out of 10

QuickSwap is a multichain DEX, started on Polygon, offering swaps, liquidity pools, farms, QUICK staking and perpetuals for self-custody DeFi users.

Polygon · Base · Immutablezkevm +6

Same chain

More on Other

Other rankings
Figure Markets Exchange logo

Figure Markets Exchange

OTC Marketplaces

Score 7.3 out of 10

Figure Markets is a Provenance-based exchange offering trading, crypto-backed loans and real-world-asset yield with MPC custody for crypto holders and borrowers

TVL $125M+1.3%Other
IoTeX logo

IoTeX

Chain

Score 7.2 out of 10

IoTeX is an EVM-compatible Layer-1 blockchain for DePIN and real-world AI, with ioID, staking, a bridge and the IOTX token, aimed at builders and stakers.

Other
Hydration Lending logoScore 7.0 out of 10

Hydration Lending is a decentralized money market on the Hydration Polkadot appchain for supplying collateral, earning interest and borrowing assets like HOLLAR

TVL $23.2M−10.4%Other
Reya Perps logo

Reya Perps

Derivatives

Score 7.0 out of 10

Reya Perps is a perpetual futures DEX on Reya Network, a zk-powered based rollup built for gas-free derivatives trading by active traders.

TVL $9.93M+0.8%Other
Chainflip Lending logoScore 7.0 out of 10

Chainflip Lending is a cross-chain lending market for borrowing against native BTC, ETH, SOL and stablecoins without wrapped tokens or bridges.

TVL $4.52M−2.1%Other · Bitcoin · Ethereum +1
Potlock logo

Potlock

Charity Fundraising

Score 7.0 out of 10

Potlock is an open funding platform where projects raise money through campaigns and matching rounds, with multi-chain donations via NEAR Intents.

Other

How we checked

Sources

  1. 1.defillama.com/protocol/carbonswap
  2. 2.explorer.energyweb.org/tokens
  3. 3.github.com/carbonswap

Last updated . Spotted an error? Tell us and we will correct it.