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Mimo V3 Review 2026: IoTeX Swaps and Mining

Mimo V3 is a decentralized exchange on IoTeX with swaps, liquidity pools, and liquidity mining. Its core features are clear, but fees, supported markets, mining terms, and audit details are not.

By the DappsAtlas editorial team · Updated

DappsAtlas score

4.8/10

Weak

Our verdict on Mimo V3

4.8/10

Mimo V3 may suit IoTeX users looking for a DEX with swaps, a pool interface, and liquidity mining in one place. Its clearest strength is that V3 brings these core trading and pool features together on the network. The main caveat is the lack of detail: supported markets, fees, mining rewards, and audit status are not specified. Review the transaction and pool terms in the app before using it, and consider the smart-contract and liquidity risks of any DEX.

Score breakdown

How Mimo V3 scores

Security
n/a
Ease of use
5.0/10
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 Mimo V3?

Mimo V3 is a decentralized exchange on IoTeX. Its V3 update highlights smoother swaps, an easier-to-view pool interface, and the addition of liquidity mining.

The project does not specify supported tokens or pairs, mining rewards, or trading fees in its published details. That makes it important to check the app's transaction and pool information before trading or depositing assets.

How Mimo V3 works

Mimo V3 is a decentralized exchange on IoTeX. A DEX typically routes swaps through smart-contract liquidity pools, where users trade against tokens deposited by liquidity providers rather than placing orders with a central exchange. The project describes smoother swaps and an easier-to-view pool interface, but does not specify its supported pairs or pricing mechanics.

The V3 update also introduces liquidity mining. This generally means users may receive rewards for providing liquidity or otherwise participating in eligible pools, but Mimo V3 does not specify the reward tokens, rates, or rules. Read the terms shown in the app before committing funds.

4 features

Key features

01

Token swaps

The DEX offers token swaps on IoTeX. Supported tokens, trading pairs, and routing details are not specified.

02

Pool interface

Mimo V3 provides a pool interface for viewing liquidity pools. Pool-specific details are not described.

03

Liquidity mining

The V3 update introduces liquidity mining. Reward assets and participation rules are not specified.

04

IoTeX deployment

The project is built for IoTeX, a blockchain that supports smart-contract applications.

Pros and cons

What we like

  • Offers token swaps on IoTeX.
  • Includes a dedicated interface for viewing liquidity pools.
  • Adds liquidity mining as an option for users interested in pool participation.

Watch out for

  • Trading fees and liquidity-provider charges are not published in the project details.
  • Public sources do not describe supported tokens or trading pairs.
  • Liquidity mining terms, reward assets, and eligibility rules are not specified.
  • No audit is listed, so contract security assurances are unclear.

Mimo V3 fees

Mimo V3 has not published swap fees or liquidity-pool charges in the project details. Network transaction fees may also apply when using an onchain DEX.

Check the swap interface and transaction confirmation for the costs of a specific transaction before approving it.

Is Mimo V3 safe?

No audit is listed, and Mimo V3 does not describe an audit status in its project details. Treat smart-contract interactions as carrying contract risk; bugs or exploits can lead to loss of funds. Pool participation may also expose users to token-price changes and other liquidity risks.

The project's custody arrangements, team details, and regulatory status are not specified. Use only funds you can afford to lose, and review each transaction and pool carefully.

6 steps

How to get started with Mimo V3

  1. 1

    Open Mimo V3 and connect a wallet that supports IoTeX.

  2. 2

    Make sure the wallet has the tokens you want to trade and enough IoTeX for network fees.

  3. 3

    Choose the tokens and amount in the swap interface.

  4. 4

    Review the quoted trade and transaction details, including any fees shown.

  5. 5

    Approve the transaction in your wallet and check its status.

  6. 6

    For liquidity mining, review the pool and reward terms before depositing tokens.

Who Mimo V3 is for

Mimo V3 is aimed at IoTeX users who want to swap tokens or explore liquidity pools and liquidity mining. It is less suitable for users who need clearly published fee schedules, a list of supported markets, or detailed information about audits and mining rewards before deciding whether to participate.

Mimo V3 FAQs

What is Mimo V3?

Mimo V3 is a decentralized exchange on the IoTeX network. It offers token swaps, a pool interface, and liquidity mining.

Which blockchain does Mimo V3 use?

Mimo V3 is described as a DEX on IoTeX. The project details do not list support for other networks.

What are Mimo V3's swap fees?

The project does not publish fee details here. Check the swap interface and transaction confirmation for applicable charges before approving a trade.

How does Mimo V3 liquidity mining work?

Mimo V3 introduces liquidity mining, but its reward assets, rates, and participation rules are not specified. Review the pool and mining terms before committing funds.

Is Mimo V3 audited?

No audit is listed, and the project details do not explain the security review status of its contracts. As with any DEX, smart-contract bugs, low liquidity, and token-price changes can result in losses.

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How we checked

Sources

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

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