DEXes · Review

FairySwap V1 Review 2026: Findora DEX Risks

FairySwap V1 is a decentralized exchange associated with Findora and the FAIRY token. Its current status, trading details and security history warrant caution.

By the DappsAtlas editorial team · Updated Nov 6, 2026

DappsAtlas score

—/10

Not rated

Our verdict on FairySwap V1

FairySwap V1 is identified as a Findora-associated decentralized exchange with a named token, FAIRY. That is enough to distinguish its broad purpose, but not to assess the trading experience: supported assets, fees and its current operating status are unclear. The reported late-2022 exploit and absence of listed audits are important security concerns. Readers considering it should verify that the V1 app is active and understand the risks before connecting a wallet or approving a transaction.

Score breakdown

How FairySwap V1 scores

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

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 FairySwap V1?

FairySwap V1 is described as a decentralized exchange associated with Findora, and FAIRY is named as its token. Public sources do not establish its supported assets, trading mechanism or whether it is currently operating.

How FairySwap V1 works

A decentralized exchange generally lets users trade crypto assets through a blockchain app rather than a conventional broker. FairySwap V1 is identified as a DEX associated with Findora, but its exact swap mechanism, supported pairs and use of liquidity pools are not established.

2 features

Key features

Decentralized exchange

FairySwap V1 is identified as a decentralized exchange, but its supported pairs and current availability are unclear.

FAIRY token

FAIRY is named as the project’s token. Its function within the exchange is not specified.

Pros and cons

What we like

Identified as a decentralized exchange rather than an unspecified crypto project.
A project token, FAIRY, is named.

Watch out for

The project’s current operating status is unclear.
Trading fees and supported assets are not published.
No audits are listed.
A third-party report says FairySwap V1 suffered an exploit in late December 2022.

FairySwap V1 fees

FairySwap V1’s trading fees are not published. If the V1 interface is operating, check its transaction details before approving a trade; network fees may also apply.

Is FairySwap V1 safe?

No audits are listed. A third-party report says FairySwap V1 suffered an exploit in late December 2022; the project’s current status and any subsequent security work are unclear. Treat any interaction as high risk unless you can verify the app and its current security independently.

4 steps

How to get started with FairySwap V1

1
Confirm that FairySwap V1 is operating and that you have found the intended V1 app.
2
Check that your wallet supports the relevant network and that the app identifies the assets you want to trade.
3
Review the trade details, including any project fees and network fees, before signing.
4
Only approve a transaction if you understand its terms and are comfortable with the risks.

Who FairySwap V1 is for

FairySwap V1 may interest readers researching older decentralized exchanges associated with Findora. It is not a straightforward choice for traders seeking clear information about current availability, supported assets, fees or security.

FairySwap V1 FAQs

What is FairySwap V1?

FairySwap V1 is described as a decentralized exchange associated with Findora. Its exact trading mechanism and supported assets are not established.

What is the FAIRY token?

FAIRY is named as the project’s token. Its use cases and current trading availability are not published.

Is FairySwap V1 safe to use?

A third-party report says FairySwap V1 suffered an exploit in late December 2022. No audits are listed, and the project’s current operating status is unclear.

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