HyperSwap V3 Review 2026: HyperEVM DEX

HyperSwap V3 is a decentralized exchange on HyperEVM, listed under the Hyperliquid chain. Its stated features include token swaps, liquidity management, and token launches. The project names SWAP as its token, but its specific utility is not established here.

The exchange is aimed at users who want to trade or provide liquidity on HyperEVM. Fee details and team information are not published in the project information established here. One search snippet reports a PeckShield audit of V3, but an audit report and its scope are not established, so users should verify the documentation before relying on that claim.

HyperSwap V3 is an automated market maker: instead of matching each buyer with a seller through a traditional order book, it routes trades through liquidity pools. Traders swap supported tokens against those pools, and the available liquidity and trade size affect the execution price. The project describes the exchange as running on HyperEVM.

Users can also manage liquidity positions, which means supplying assets to pools rather than only trading against them. Pool providers face market and smart-contract risks, including impermanent loss when token prices move relative to one another. HyperSwap also promotes token launches, but its launch process and requirements are not established here.

HyperSwap V3 does not publish fee details in the project information established here. Swap charges, liquidity-related fees, and any launch costs are therefore unclear. Check the app's transaction details before confirming a trade or position, and account separately for network costs.

One search snippet reports that PeckShield audited HyperSwap V3 and a DelegatedPositionVault, but the audit report and scope are not established here. Treat this as a reported audit claim, not proof that every contract or feature has been reviewed; the project does not publish audit documentation in the information established here.

Using a DEX involves smart-contract, token, liquidity, and transaction-execution risks. The custody model and incident history are not established, and the project does not publish regulatory details. Review contract and transaction information carefully before interacting.

HyperSwap V3 is for people who already use HyperEVM and want to swap tokens or manage liquidity without moving to a different network. Token launches may also interest projects exploring that ecosystem, though launch terms are not established. Users who need clearly published fees, detailed audit reports, or extensive project disclosures may want more information before interacting.