DEXes · Review

CherrySwap Review 2026: OEC AMM and CHE risks

CherrySwap is an automated market maker on OKExChain, with CHE and features described for liquidity mining, token launches, NFTs, a lottery, and DAO activity. Its current liquidity and operating status are unclear, so users should verify the service and contracts before considering an interaction.

OKXChain

By the DappsAtlas editorial team · Updated Nov 6, 2026

DappsAtlas score

4.0/10

Weak

Our verdict on CherrySwap

4.0/10

CherrySwap may interest users researching an OEC-based AMM or the CHE token, but its current liquidity and operating status are unclear. Its main strength is a clearly stated AMM model with additional features such as liquidity mining and IFOs. The main caveat is that the current pools, interface, fee terms, and audit findings are not established, while the reported 7-day TVL change raises concern. Verify the contracts and service status before considering any transaction.

Score breakdown

How CherrySwap scores

Security: n/a
Ease of use: n/a
Fees: n/a
Features: 5.0/10

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 CherrySwap?

CherrySwap is described as an automated market maker on OKExChain (OEC), with its own token, CHE. The project also lists liquidity mining, IFOs, NFTs, a lottery, and DAO functions.

Its current status is unclear. TVL is not reported, and a reported 7-day change of -100% is a warning sign for liquidity, though it does not by itself establish whether the protocol is shut down. Current pools, token support, and interface availability are not established.

How CherrySwap works

CherrySwap is described as an automated market maker on OKExChain. Unlike an order-book exchange, an AMM typically uses pools of tokens supplied by users; traders swap against those pools, and the pool balances adjust as trades occur. The project’s current pairs, liquidity, and swap interface are not established.

CherrySwap also describes liquidity mining and IFOs, alongside NFT, lottery, and DAO features. These functions could involve different contracts and risks, but their current mechanics, availability, and terms are unclear. Do not assume that a listed feature is live or that a pool has meaningful liquidity.

4 features

Key features

AMM swaps

CherrySwap is described as an AMM, a type of decentralized exchange that uses liquidity pools to facilitate token swaps.

Liquidity mining

The project describes liquidity mining, but current pool availability and reward terms are not established.

Token launches

IFO, or initial farm offering, is listed as a feature. Current launch availability and participation requirements are unknown.

Additional features

NFT, lottery, and DAO functions are mentioned, but their present availability and mechanics are unclear.

Pros and cons

What we like

The project is clearly described as an AMM rather than a centralized exchange.
It identifies OKExChain (OEC) as its target network.
The listed feature set extends beyond token swaps to include liquidity mining and IFOs.
Two audits are listed, although their coverage and results are not established.

Watch out for

CherrySwap's current operating status is unclear, and its TVL is not reported.
A reported 7-day TVL change of -100% raises concern that liquidity may have disappeared.
The project does not publish a fee schedule, and current swap costs are unknown.
Two audits are listed, but their scope, dates, and findings are not established.
The availability of CherrySwap's interface and its supported tokens is unclear.

CherrySwap fees

CherrySwap does not publish a fee schedule in the established project details. If its swap interface is available, users would need to review the transaction quote before confirming; network fees may also apply.

Is CherrySwap safe?

Two audits are listed, but CherrySwap does not have established audit details here: the reports, dates, scope, and findings are unknown. No custody model, incident history, or current contract status is established. AMM users still face smart-contract risk, token-price volatility, and potential losses from providing liquidity.

Current liquidity and operating status are unclear. Verify the interface and contract addresses independently, and treat any token approval as permission to spend the approved asset. Do not interact if you cannot confirm you are using the intended contracts.

5 steps

How to get started with CherrySwap

1
Check that CherrySwap's interface is operating and verify the contract addresses through trusted channels before connecting a wallet.
2
Use a wallet that supports OKExChain (OEC), and confirm that the wallet is set to the correct network.
3
Make sure the wallet holds the token you intend to trade and enough of the network's native asset to cover transaction fees.
4
Review the token pair, quoted amount, and any displayed fees before approving a swap.
5
For liquidity provision, check the pool's current liquidity and terms, and understand that token prices can change and liquidity providers can incur losses.

Who CherrySwap is for

CherrySwap is most relevant to users who already understand AMMs and OKExChain and want to research its CHE token or listed features. It is not a good fit for someone seeking a clearly active exchange with published fees, current liquidity information, and readily verifiable audit details.

CherrySwap FAQs

What is CherrySwap?

CherrySwap is described as an automated market maker on OKExChain (OEC). It also lists CHE and features including liquidity mining, IFOs, NFTs, a lottery, and DAO activity.

What is the CHE token?

CHE is the token associated with CherrySwap. Its current role in the protocol, utility, and availability on CherrySwap are not established.

Is CherrySwap still active?

CherrySwap's current operating status is unclear. Its TVL is not reported, and a reported 7-day change of -100% raises concerns about current liquidity; neither fact alone confirms whether the interface or contracts are active.

What fees does CherrySwap charge?

A fee schedule is not published. If the swap interface is accessible, check the quote and transaction details before confirming, including any network fee.

Has CherrySwap been audited?

Two audits are listed, but their reports and findings are not established. The audit count alone does not show which contracts were reviewed or whether issues were fixed.

Which blockchain does CherrySwap use?

CherrySwap is described as running on OKExChain (OEC). Confirm the network and contract addresses independently before connecting a wallet or approving a transaction.

Compare

CherrySwap alternatives

All alternatives

SushiSwap

DEXes

SushiSwap is a multichain decentralized exchange with a swap aggregator, perps, staking and liquidity pools for self-custody DeFi traders.

TVL $35.2M−1.3%Ethereum · Polygon · Arbitrum +32

Uniswap V3

DEXes

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

DEXes

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

DEXes

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

DEXes

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

Project X

DEXes

Project X is a DEX on Hyperliquid offering token swaps and liquidity provision with advertised 0% fees, aimed at DeFi users in that ecosystem.

TVL $34.0M−6.4%Hyperliquid L1

Same category

More DEXes

DEXes rankings

Curve

DEXes

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