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MSwap Review 2026: Matchain DEX Basics

MSwap is a Uniswap V2 fork deployed on Matchain. Its basic DEX design is identifiable, but details on fees, audits and current features are limited.

By the DappsAtlas editorial team · Updated

DappsAtlas score

—/10

Not rated

Our verdict on MSwap

MSwap is identifiable as a Uniswap V2 fork on Matchain, so its core purpose is straightforward: token swaps using liquidity pools. That familiar model may suit Matchain users looking for a DEX, but the project does not publish its fees or liquidity-provider terms, and no audits are listed. Its homepage could not be accessed, leaving current features and contract details unverified. Treat the reported TVL as a limited snapshot, and check pool depth and transaction details before committing funds.

Score breakdown

How MSwap scores

Security
n/a
Ease of use
n/a
Fees
n/a
Features
n/a

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 MSwap?

MSwap is a decentralized exchange described as a Uniswap V2 fork deployed on Matchain. Its known design is a token-swap and liquidity-pool model, but its homepage could not be accessed, so current app features and usage terms could not be verified.

A reported TVL of $20,648 gives only a snapshot of funds in the protocol; it does not establish pool depth for a particular trade. MSwap has no token listed in the project data, and fees and liquidity-provider terms are not published.

How MSwap works

MSwap is described as a Uniswap V2 fork. In a typical V2-style decentralized exchange, users swap tokens against liquidity pools rather than matching orders with another trader. Pool prices adjust as trades change the balance of the tokens in a pool.

Users of this model generally interact through a wallet and may add tokens to pools to provide liquidity, but MSwap's current interface and specific liquidity-provider terms could not be confirmed. Check the app's transaction details and pool information before using it.

2 features

Key features

01

V2-style swaps

MSwap is identified as a Uniswap V2 fork, a design that typically uses token pools for swaps.

02

Matchain deployment

The exchange is deployed on Matchain.

Pros and cons

What we like

  • Its stated Uniswap V2-style design is a familiar model for token swaps and liquidity pools.
  • It is deployed on Matchain.
  • A TVL figure is reported, offering a limited snapshot of protocol deposits.

Watch out for

  • MSwap's homepage could not be accessed, limiting information about its current features and operation.
  • Fees and liquidity-provider terms are not published.
  • No audits are listed.
  • The available TVL figure is modest, which may mean limited liquidity; check pool depth before trading.

MSwap fees

MSwap's trading fees, liquidity-provider charges and other costs are not published. Check the swap interface and wallet transaction details before confirming a trade; network fees may also apply.

Is MSwap safe?

No audits are listed for MSwap. The homepage could not be accessed, so its contract addresses, custody details and current security information could not be verified. A Uniswap V2-style design does not by itself establish that a particular deployment is safe.

Using a decentralized exchange can expose users to smart-contract, token and liquidity risks. Verify the app and contract addresses independently before connecting a wallet or approving tokens.

4 steps

How to get started with MSwap

  1. 1

    Check that you are using MSwap's official app and that it is currently accessible; its homepage could not be verified.

  2. 2

    Connect a wallet that supports Matchain, if the app offers wallet connection.

  3. 3

    Confirm that the wallet is on Matchain and that you have the assets needed for the intended transaction.

  4. 4

    Review the pool, quoted output and all transaction costs before approving or submitting a swap.

Who MSwap is for

MSwap may be relevant to users already active on Matchain who want a V2-style token exchange. It is a poor fit for anyone who needs clearly published fees, verified current app details or audit information before using a DEX.

MSwap FAQs

What is MSwap?

MSwap is described as a Uniswap V2 fork deployed on Matchain. It is a decentralized exchange rather than a centralized trading venue.

Which blockchain does MSwap use?

MSwap runs on Matchain. Check that your wallet and any assets you plan to use are supported on that network before interacting.

What are MSwap's trading fees?

MSwap's fees are not published. Review the transaction details and pool information in the app before confirming any trade.

Compare

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How we checked

Sources

  1. 1.defillama.com/protocol/mswap

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