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Mooniswap Review 2026: Ethereum AMM and Risks

Mooniswap is an Ethereum automated market maker that uses virtual balances and redistributes some trading slippage to liquidity providers. Its current operating status, fee details, and audit information are unclear.

By the DappsAtlas editorial team · Updated

DappsAtlas score

5.2/10

Mixed

Our verdict on MooniSwap

5.2/10

Mooniswap may interest Ethereum users looking at AMMs with virtual balances and a design that shares some slippage earnings with liquidity providers. Its clearest strength is this alternative approach to pool pricing and front-running incentives. The main caveat is uncertainty: the current interface and operating status are unclear, and fee details and audit findings are not identified. Treat it as a smart-contract protocol requiring careful contract verification, not as a simple or risk-free swap service.

Score breakdown

How MooniSwap scores

Security
4.0/10
Ease of use
5.0/10
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 MooniSwap?

Mooniswap is an automated market maker (AMM) on Ethereum, associated with 1inch. It allows token swaps through liquidity pools and uses virtual balances in its pricing design.

The protocol says its design redistributes some user-slippage earnings to liquidity providers and helps protect traders from front-running. Its present operating status and interface are unclear, and a clear fee schedule is not published. Users should verify the interface and contract addresses before interacting.

How MooniSwap works

Mooniswap is an automated market maker: users trade tokens against pools funded by liquidity providers instead of placing orders in a conventional order book. A swap changes the pool’s token balances, and the resulting price depends on the pool’s assets and the size of the trade.

Mooniswap adds virtual balances, which affect how quickly the pool’s effective balances adjust after a swap. Its design aims to make front-running less profitable and redistribute some slippage-related earnings to liquidity providers. Actual results depend on trade size, pool liquidity, token prices, and transaction ordering on Ethereum.

4 features

Key features

01

AMM token swaps

Users trade token pairs against liquidity held in pools rather than through a traditional order book.

02

Virtual balances

The protocol uses virtual balances to change how pool balances respond to trades, with the stated aim of limiting front-running advantages.

03

Slippage redistribution

Mooniswap’s design directs some earnings from user slippage to liquidity providers.

04

Ethereum deployment

Mooniswap is deployed on Ethereum, where transactions use the network’s smart contracts and require gas.

Pros and cons

What we like

  • Uses liquidity pools for token swaps without a conventional order book.
  • Virtual balances are designed to reduce front-running advantages.
  • Some slippage-related earnings are directed to liquidity providers.
  • Runs on Ethereum, supported by Ethereum-compatible wallets.

Watch out for

  • The current status of the protocol and its user interface is unclear.
  • Trading fees and pool-specific charges are not clearly published.
  • The audit providers, dates, scope, and findings are not identified.
  • Ethereum transactions require gas and expose users to smart-contract and token risks.

MooniSwap fees

A clear Mooniswap fee schedule is not published. Before trading or adding liquidity, check the interface and transaction details for pool fees, any other charges, and Ethereum gas costs; these can vary by transaction and network conditions.

Is MooniSwap safe?

Mooniswap is a smart-contract protocol, so bugs or exploits could put deposited tokens at risk. Two audits are associated with the protocol, but the auditors, dates, scope, and findings are not identified. No custody protections or incident history are established here; users should verify contract addresses and avoid depositing funds they cannot afford to lose. The protocol’s regulatory status is not published.

5 steps

How to get started with MooniSwap

  1. 1

    Confirm that Mooniswap and the interface you intend to use are currently maintained; its current status is unclear.

  2. 2

    Use an Ethereum-compatible wallet and keep ETH available for network gas.

  3. 3

    Check that the interface points to the intended Mooniswap contracts before connecting or approving tokens.

  4. 4

    Review the selected pool, token addresses, fees, and trade estimate before confirming a swap.

  5. 5

    For liquidity provision, review the pool assets and smart-contract risks, and understand that token prices and pool balances can change.

Who MooniSwap is for

Mooniswap is best suited to experienced Ethereum users who understand pool-based trading, token approvals, and smart-contract risk. Liquidity providers should also be comfortable with changing pool balances and token prices. It is a poor fit for users seeking a clearly documented, actively maintained interface or a published fee and audit record.

MooniSwap FAQs

What is Mooniswap?

Mooniswap is an automated market maker (AMM) on Ethereum. It lets users trade token pairs through liquidity pools rather than matching orders with another trader.

How does Mooniswap work?

Mooniswap uses virtual balances, which can delay how pool balances adjust after a trade. The design aims to reduce the benefit of front-running and redistribute some slippage earnings to liquidity providers.

Is Mooniswap still active?

The protocol’s current user interface and operating status are unclear. Check that any interface you find is maintained and connected to the intended Mooniswap contracts before using it.

What fees does Mooniswap charge?

A clear fee schedule is not published. Check the interface and transaction details for pool fees, any other charges, and Ethereum network gas before confirming a trade.

Which blockchain does Mooniswap use?

Mooniswap runs on Ethereum. You need an Ethereum-compatible wallet and ETH for network gas to interact with Ethereum contracts.

Is Mooniswap a gambling platform?

Mooniswap is not a gambling service. Anyone considering online gambling elsewhere should check local laws, be 18 or older, and gamble responsibly.

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How we checked

Sources

  1. 1.defillama.com/protocol/mooniswap

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