IcecreamSwap V2 Review 2026: A Small Multi-Chain DEX

IcecreamSwap V2 is a decentralized exchange first described as the first swap on the Bitgert (Brise) blockchain. It has been tracked since August 2022 and has since expanded to a long list of networks, including BOB, Core, XDC, Base, Telos, Scroll, LightLink, Taiko, Fuse, Dogechain and Blast.

Its current homepage pitch is price discovery. It says it compares the routes of every aggregator, each simulated on-chain at the same block, so users can pick the best one. That is a useful idea for traders who want to avoid checking several tools by hand.

The scale is small. Total value locked is about $19,600, and the protocol lists no audits. The project does not publish details on its team, fees or the role of the ICE token in the material reviewed. That makes it a niche tool to approach carefully rather than a main venue for sizable trades.

A decentralized exchange lets users swap tokens through smart contracts instead of an order book run by a company. Liquidity usually comes from pools funded by other users, and prices move as trades change the balance of a pool.

IcecreamSwap's homepage describes a route-comparison approach. It says it compares the routes offered by every aggregator, simulating each on-chain at the same block, so the user can see which gives the best result and choose it. Aggregators split or route a trade across different pools to improve the price.

The project's roots are in a classic swap on the Bitgert chain. The V2 listing now spans many networks, and the ICE token is tied to the project. How routing is paid for, and what ICE does in the system, are not detailed in the material reviewed.

The material reviewed does not publish a fee schedule. There is no stated swap fee, aggregator fee or liquidity-provider fee split for IcecreamSwap V2.

On any DEX, you pay network gas plus whatever fee is built into the route or pool. The swap interface should show the expected output, price impact and fees before you sign, so read that quote carefully, especially given the low liquidity.

No audits are listed for IcecreamSwap V2, and the project does not publish audit reports in the material reviewed. Smart-contract risk therefore sits with the user. Token approvals can also be exploited if a front end is compromised, so use only the official site and revoke unused approvals.

Liquidity is very thin at roughly $19,600 TVL, which raises the risk of slippage and manipulated prices on less liquid pairs. Team identity, governance and any incident history are not stated. Check your local rules on trading crypto before using it.

This DEX is for experienced DeFi users already active on the smaller supported chains, such as Bitgert, Core, Telos or Fuse, who want a quick route comparison. It is not well suited to beginners, large traders or anyone who requires audited contracts and deep liquidity.