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Kim Exchange V2 Review 2026: Mode Network DEX

Kim Exchange V2 is a decentralized exchange built for the Mode Network, with staking modules meant to reward liquidity providers. Its TVL is small, so it suits users already active on Mode rather than traders needing deep liquidity.

By the DappsAtlas editorial team · Updated Nov 5, 2026

DappsAtlas score

5.8/10

Mixed

Visit KIM Exchange V2

Our verdict on KIM Exchange V2

5.8/10

Kim Exchange V2 is a sensible choice for people already using Mode Network who want a native place to swap and earn KIM rewards through staking modules. Its main strength is that ecosystem focus and a clear incentive design. The main caveat is size: TVL near $87,000 means shallow liquidity, so large trades can move prices, and returns depend on a token whose value may be volatile. Check the audit and fees before depositing.

Score breakdown

How KIM Exchange V2 scores

Security: 5.5/10
Ease of use: 7.0/10
Fees: n/a
Features: 6.0/10

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 KIM Exchange V2?

Kim Exchange V2 is a decentralized exchange built for the Mode Network, an Optimism Superchain chain. It is described as the network's native DEX and a primary liquidity hub, and it is also deployed on Base. Trades run through smart contracts and a pricing formula rather than a traditional order book.

The project's distinguishing feature is its staking modules, which give liquidity providers extra incentives in its KIM token. The app also mentions a marketplace and incentive programs for users.

Scale is modest. Tracking data shows about $87,000 in total value locked, up about 1.6% over seven days, and the protocol has been listed since January 2024. That is small next to major DEXs, so it is best seen as an ecosystem venue rather than a deep-liquidity exchange.

How KIM Exchange V2 works

Kim Exchange V2 is an automated market maker. Instead of matching buyers and sellers, it holds pools of token pairs. A pricing formula sets the exchange rate based on pool balances, and each swap shifts the ratio.

Liquidity providers deposit tokens into these pools and earn a share of trading fees. Kim adds staking modules on top, which direct KIM token incentives to liquidity providers to encourage deeper pools.

The KIM token is the project's incentive tool. Documentation describes a supply release schedule, a conversion and redemption process, and protocol earnings, so users can see how emissions and revenue are meant to flow.

6 features

Key features

Automated market maker swaps

Trades execute against liquidity pools using a mathematical pricing formula, with no order book or counterparty matching.

Liquidity provision

Users can deposit assets into pools and earn a share of trading fees from swaps in those pools.

LP staking modules

Staking modules are designed to give liquidity providers extra incentives on top of trading fees, paid in the KIM token.

KIM token incentives

The protocol's own token, KIM, is positioned as the tool for incentivization, with a published supply release schedule and a conversion and redemption process.

Marketplace

The app mentions a marketplace feature alongside swaps and liquidity, expanding use beyond simple trading.

Mode and Base deployment

Built as the main liquidity venue for Mode, with a presence on Base as well.

Pros and cons

What we like

Native DEX for Mode Network, so it fits users already in that ecosystem
Non-custodial swaps and liquidity provision through smart contracts
Staking modules aim to reward liquidity providers with KIM on top of fees
One audit is listed in tracking data
Documentation covers token distribution, redemption and protocol earnings

Watch out for

Very small TVL of roughly $87,000, which usually means thin liquidity and higher slippage on larger trades
Tied mainly to Mode Network, so its health depends on that ecosystem's activity
Only one audit is listed, and the report details are not summarised
Fee levels, emission schedules and team details are not clearly published on the pages we could see
The KIM token is incentive-driven, so rewards can lose value if emissions outpace demand

KIM Exchange V2 fees

Kim's homepage and the available snippets do not list specific swap-fee percentages. The project's FAQ is said to cover swap fees and earnings, and the swap interface shows the cost before you confirm a trade.

As with any DEX, expect to pay network gas fees on top of swap fees, plus possible price impact in thin pools. Liquidity providers earn a share of fees, and may receive KIM rewards through staking modules.

Is KIM Exchange V2 safe?

Kim is non-custodial, so you keep control of your assets in your wallet, but you carry smart-contract risk when you swap or deposit. One audit is listed in tracking data. The audit firm, scope and findings are not covered in the material reviewed, so check the project's docs.

Small TVL means less liquidity and potentially volatile pricing for larger trades. Incentive tokens can also fall sharply in value. Treat the project as higher risk and only commit funds you can afford to lose.

6 steps

How to get started with KIM Exchange V2

1
Install a compatible wallet and add the Mode Network (or Base) to it.
2
Bridge or hold some ETH on that network for gas and the tokens you want to trade.
3
Open the Kim app and connect your wallet.
4
Use the swap tab for a small test trade, checking the price impact and fees shown.
5
If providing liquidity, pick a pool, review the risks of impermanent loss, and deposit both assets.
6
Stake eligible liquidity positions in the staking modules to earn KIM incentives, and check reward terms in the docs.

Open KIM Exchange V2

Who KIM Exchange V2 is for

Kim suits users already on Mode Network who want a native DEX and are comfortable with small-cap DeFi risk. It also fits liquidity providers interested in KIM incentive programs, provided they understand impermanent loss. It is less suited to traders who need deep liquidity for larger orders.

KIM Exchange V2 FAQs

What is Kim Exchange V2?

Kim Exchange V2 is a decentralized exchange that started as the native DEX of the Mode Network. Users swap tokens and provide liquidity through smart contracts instead of an order book. It is also listed on Base.

What is the KIM token used for?

KIM is the native token of the Kim protocol. Its stated role is to drive incentives, so liquidity providers and stakers can earn it as a reward. Distribution and release schedules are described in the project's documentation.

Which blockchains does Kim Exchange support?

The listing shows it on Mode and Base. Mode is the main home, described as a hub within the Optimism Superchain ecosystem.

Has Kim Exchange been audited?

Tracking data lists one audit for the protocol. The project's own documentation is the place to check who performed it and what was found. An audit lowers risk but does not remove it.

Is it risky to provide liquidity on Kim?

Providing liquidity carries impermanent loss, smart-contract risk and the risk that reward tokens fall in value. With TVL under $100,000, pools are shallow and price swings can be sharper. Only commit what you can afford to lose.

What fees does Kim charge?

Swap fees and earnings are covered in the project's FAQ, which is the right place to confirm current rates. Fees on automated market makers typically vary by pool and are paid to liquidity providers.

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