DEXes · Review
ActiveKuSwap Review 2026: A Small KCC DEX With Unaudited Pools
KuSwap is a decentralized exchange built on the KuCoin Community Chain (KCC), offering swaps, liquidity pools and farming. It has a small TVL and no listed audits, so it suits only users who already work within KCC.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.2/10
Mixed
Our verdict on KuSwap
5.2/10KuSwap suits users already active on the KuCoin Community Chain who want a native place to swap, provide liquidity and farm. Its main strength is a stated 0.1 percent fee refunded in KUS, plus clear v3 documentation. The main caveat is size and trust: TVL is only about $136,000, no audits are listed, and the project publishes little about its team. Treat it as a high-risk venue and keep positions small.
Score breakdown
How KuSwap scores
- Security
- 3.5/10
- Ease of use
- 6.5/10
- Fees
- 6.5/10
- 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 KuSwap?
KuSwap is a decentralized exchange on the KuCoin Community Chain. It describes itself as the first decentralized trading platform on KCC and offers swaps, liquidity pools, farming and lending, with a native token called KUS.
Its tracked total value locked is about $136,000, down roughly 1.3 percent over seven days. That is small next to major DEXs, so liquidity is thin. The tracked data lists no audits.
The project has moved to a v3 version, with migration documentation for v2 liquidity providers. Social posts also mention trading competitions with KUS rewards and a 404-token project launching on the platform.
How KuSwap works
KuSwap is an automated market maker. Instead of matching buyers and sellers in an order book, it uses liquidity pools, which are smart contracts holding pairs of tokens. When you swap, you trade against a pool and the price moves based on the pool's balance.
Liquidity providers deposit tokens into pools and earn a share of trading fees. The docs describe pools as permissionless, meaning new assets can be listed, with an initial whitelist drawn from migrated assets. The homepage also mentions farming and lending.
KuSwap moved from v2 to v3. During the migration the swap interface aggregated liquidity from both versions, and v2 liquidity providers were asked to withdraw LP tokens and redeposit into v3.
6 features
Key features
01
Token swaps on KCC
Users swap tokens on KCC directly from their wallets through liquidity pools, with no account sign-up on a central exchange.
02
Permissionless liquidity pools
Users deposit token pairs into pools and earn a share of trading activity. Pools are permissionless, so new assets can be listed.
03
Low fee with KUS refund
The project describes a 0.1 percent platform fee, refunded in the KUS token.
04
Lending and farming
The homepage says users can lend and farm as well as swap, which allows additional yield strategies.
05
v2 to v3 migration tools
The swap interface aggregates v2 and v3 liquidity during migration, and a dedicated page lets providers withdraw v2 LP tokens.
06
Whitelisting rules
Docs describe whitelisting, with assets from migration whitelisted automatically at the start.
Pros and cons
What we like
- Native to KCC, with swaps, pools, farming and lending in one place
- Stated 0.1 percent platform fee, refunded in KUS
- Permissionless liquidity pools allow new tokens to be listed
- Public v3 documentation covering liquidity pools, whitelisting and migration
- Wallet-based trading with no centralized account needed
Watch out for
- TVL is small at about $136,000, which suggests thin liquidity and potentially high slippage on larger swaps
- No audits are listed in the tracked data
- Runs only on the KuCoin Community Chain, a smaller ecosystem than Ethereum or BNB Chain
- Native KUS token trades at a very low price and is a volatile, low-value asset
- The v2 to v3 migration adds a step for existing liquidity providers and some risk of user error
- Team, governance and licensing details are not published on the homepage
KuSwap fees
The project's listed description states a 0.1 percent platform transaction fee, with fees refunded in KUS, its native token. That is the only fee figure the project publishes.
Liquidity pool fee tiers under v3 and the exact refund mechanics are not given on the homepage. Users also pay network gas on KCC. The in-app swap screen is the place to see the fee and expected price impact before confirming a trade.
Is KuSwap safe?
No audits are listed in the tracked data, and its homepage does not describe security reviews, a bug bounty or team details. Users interact with smart contracts directly, so contract bugs, impermanent loss and token price swings are real risks.
TVL is small, which can mean wide price impact on larger trades. Permissionless listing also means some pools may hold low-quality tokens, so check token contracts before trading. The v2 to v3 migration requires manual steps, so use only links from the official site and docs to avoid phishing.
6 steps
How to get started with KuSwap
- 1
Install a wallet that supports EVM networks, such as MetaMask, and add the KuCoin Community Chain network.
- 2
Fund the wallet with KCS for gas and the tokens you want to trade.
- 3
Open the official KuSwap site and connect the wallet.
- 4
Check the swap screen for the fee, price impact and slippage settings before confirming a trade.
- 5
To provide liquidity, pick a pool from the pool list and deposit both tokens, keeping position size small at first.
- 6
If you hold v2 LP tokens, follow the official migration page and docs to withdraw and move them to v3.
Who KuSwap is for
KuSwap is for experienced DeFi users who already hold assets on KCC and are comfortable with small, unaudited protocols. It is less suitable for newcomers or anyone who needs deep liquidity for large trades.
KuSwap FAQs
What is KuSwap?
KuSwap is a decentralized exchange on the KuCoin Community Chain. Users swap tokens, provide liquidity and farm rewards directly from their own wallets. Its v3 version is the current one, according to the project's social posts.
What are KuSwap's fees?
Its listed description cites a platform transaction fee of 0.1 percent, with fees refunded in KUS, the native token. Liquidity pool fee tiers and gas costs on KCC are not detailed in its homepage.
Which blockchain does KuSwap use?
KuSwap runs on the KuCoin Community Chain (KCC). The tracked data lists no other chains.
How do I migrate from KuSwap v2 to v3?
The project has published a migration process for moving v2 liquidity to v3. Providers withdraw LP tokens from the v2 pools through the migration page and then deposit into v3. Follow only the steps given on the official site and docs.
Is KuSwap safe?
No audits are listed in the tracked data, and TVL is small. Treat it as a higher-risk DeFi protocol, only use funds you can afford to lose, and check the official docs for any audit information.
What is the KUS token used for?
KUS is the native token of KuSwap. It is used to refund trading fees, and the project has also used it for rewards such as trading competitions. Its price is very low and can swing widely.
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How we checked
Sources
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