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KrokoSwap V3 Review 2026: A Uniswap-Style DEX on Kasplex

KrokoSwap V3 is a decentralized exchange on the Kasplex chain that supports Uniswap-style V2 and V3 pools. It is early-stage and small, with no audits listed, so treat it as a high-risk venue.

By the DappsAtlas editorial team · Updated

DappsAtlas score

4.8/10

Weak

Our verdict on KrokoSwap V3

4.8/10

KrokoSwap V3 suits experienced DeFi users already active on Kasplex who want a native swap venue with familiar V2 and V3 pool types. Its strength is the Uniswap-style design with a Universal Router that handles both pool types. The main caveat is risk: liquidity is small at about $134,000, no audits are listed, the project is only weeks old, and fees and team details are not published. Treat it as an early-stage venue, keep positions small, and read the documentation before connecting a wallet.

Score breakdown

How KrokoSwap V3 scores

Security
3.5/10
Ease of use
6.0/10
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 KrokoSwap V3?

KrokoSwap V3 is a decentralized exchange on the Kasplex blockchain. Its homepage describes it as supporting Uniswap V2 and V3 protocols, and the project describes both constant-product pools and concentrated-liquidity pools with a Universal Router for unified swap execution.

The site is minimal: Swap, Pools and Documentation sections. The project was listed on tracking sites in May 2026, so it is very new. Its total value locked is around $134,000, down roughly 10% over the last week, which makes it a small venue.

The project lists no audits and no native token. Team details, fee tiers and governance are not published on the homepage. That makes it hard to judge beyond the basic design.

How KrokoSwap V3 works

KrokoSwap is an automated market maker. Instead of matching buyers and sellers in an order book, it uses pools of two tokens. Traders swap against the pool, and the price moves according to a formula as the balance changes.

V2 pools use the constant-product model, where liquidity is spread across all prices. V3 pools use concentrated liquidity, where providers choose a price range and earn fees only while the market price stays inside it. This can use capital more efficiently, but positions need monitoring.

A Universal Router sits in front of both pool types. It lets the app send a swap through V2 or V3 liquidity from one entry point. Liquidity providers earn a share of trading fees, and they bear risks such as impermanent loss.

6 features

Key features

01

V2 constant-product pools

Classic constant-product pools where liquidity is spread across the full price range, which is simple for new liquidity providers.

02

V3 concentrated liquidity

Liquidity providers can focus capital within chosen price ranges, which can improve capital efficiency but needs active management.

03

Universal Router

A single router executes swaps across both V2 and V3 pools, so users do not need to choose the pool type themselves.

04

Swap and pools interface

The site is organised around Swap, Pools and Documentation sections, covering trading, liquidity and reference material.

05

Kasplex-native trading

The exchange runs on Kasplex and gives users on that chain a native place to swap tokens.

06

Uniswap-compatible design

The homepage describes support for Uniswap V2 and V3 protocols, a familiar design for anyone who has used other DEXes.

Pros and cons

What we like

  • Supports both V2 and V3 pool designs, giving liquidity providers a choice of simple or concentrated positions.
  • A Universal Router routes swaps across pool types from one entry point.
  • Familiar Uniswap-style mechanics lower the learning curve for experienced DeFi users.
  • Gives Kasplex users a native place to swap tokens.
  • No token is listed, so there is no token sale to evaluate.

Watch out for

  • Very small liquidity: TVL is about $134,000 and fell roughly 10% over the past week, so larger trades will likely see heavy slippage.
  • No audits are listed for the contracts, so smart-contract risk is unquantified.
  • The project was listed only in May 2026 and has no long track record.
  • It runs on Kasplex, a niche chain with far less infrastructure, tooling and liquidity than major networks.
  • The team, fee tiers and governance are not clearly published on the homepage.
  • No native token is listed, so there are no published incentives to attract liquidity providers.

KrokoSwap V3 fees

KrokoSwap does not publish a fee schedule on its homepage. Uniswap-style exchanges typically charge a swap fee that goes to liquidity providers, with V3 offering several fee tiers per pool, but the exact figures for KrokoSwap are not stated.

You also pay network gas on Kasplex for each transaction. Check the pool details in the Pools section and the documentation for current fee tiers before you trade or add liquidity.

Is KrokoSwap V3 safe?

No audits are listed for KrokoSwap, and the project does not publish information about its team, admin keys or upgrade controls on the homepage. Smart-contract risk is therefore hard to assess, and the code is new. The protocol is non-custodial in the usual DEX sense, meaning you keep your tokens in your own wallet until you swap or deposit into a pool, but deposited funds are exposed to contract bugs.

Kasplex is a smaller chain, which adds risks around bridges, wallet support and liquidity depth. Low TVL also means prices can be easy to move. No regulatory status or past incident is stated. Start with small amounts and verify contract addresses through the documentation.

6 steps

How to get started with KrokoSwap V3

  1. 1

    Set up a wallet that supports Kasplex and add the network if needed.

  2. 2

    Fund the wallet with the Kasplex gas token and the assets you want to trade.

  3. 3

    Open the KrokoSwap Swap page and connect the wallet.

  4. 4

    Pick the token pair, review the quoted price, price impact and fees, then confirm the swap.

  5. 5

    To provide liquidity, open the Pools section and choose a V2 or V3 pool, paying attention to the price range for V3.

  6. 6

    Read the Documentation section for contract addresses and fee details, and start with a small amount.

Who KrokoSwap V3 is for

KrokoSwap is for DeFi users who already hold assets on Kasplex and are comfortable with unaudited, early-stage protocols. It may also interest liquidity providers who understand concentrated-liquidity risk. It is not a good fit for beginners, large traders or anyone who needs deep liquidity and audited contracts.

KrokoSwap V3 FAQs

What is KrokoSwap V3?

KrokoSwap is a decentralized exchange built on the Kasplex blockchain. It supports both V2 constant-product pools and V3 concentrated-liquidity pools, with a Universal Router that handles swaps across them.

Which blockchain does KrokoSwap use?

It runs on Kasplex. The project does not describe other deployments, so assume it is a single-chain exchange.

Does KrokoSwap have a token?

No. The listing shows no token for the protocol, and the homepage does not mention one. Be cautious of anyone selling a KrokoSwap token.

Has KrokoSwap been audited?

No audits are listed for it. That does not mean the code is unsafe, but it means you cannot point to an independent review. Use only money you can afford to lose.

What fees does KrokoSwap charge?

The homepage links to Swap, Pools and Documentation sections. Pool fee tiers and any swap fees should appear in the app or the documentation, because the project does not publish them on the front page.

Is it safe to provide liquidity?

Providing liquidity carries impermanent loss, and concentrated V3 positions can go out of range and stop earning fees. With low overall liquidity and no audits, the risk is higher than on established exchanges.

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How we checked

Sources

  1. 1.defillama.com/protocol/krokoswap-v3

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