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mySwap Review 2026: Starknet AMM After an Exploit

mySwap was a concentrated-liquidity AMM on Starknet, but its interface has been reported closed and its pools suffered an exploit. It is not a suitable choice for new trading or liquidity deposits.

Starknet

By the DappsAtlas editorial team · Updated Nov 6, 2026

DappsAtlas score

2.0/10

Weak

Visit mySwap V1

Our verdict on mySwap V1

2.0/10

mySwap offered Starknet traders an AMM with concentrated-liquidity pools, a useful design for providers who want to target particular price ranges. But the interface has been reported closed, and a vulnerability exploit reportedly drained about $300,000 from its pools. With current access, fee terms, audit status, and the state of affected funds unestablished, it is not a sensible option for new trading or liquidity deposits. Former users should verify their positions and seek an official update before acting.

Score breakdown

How mySwap V1 scores

Security: 1.0/10
Ease of use: 2.0/10
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 mySwap V1?

mySwap was a decentralized exchange on Starknet built around automated market-making and concentrated-liquidity pools. It supported token swaps and liquidity provision, with providers allocating liquidity to selected price ranges.

The project should be treated as inactive: its interface has been reported closed for more than six months and no longer accepts new liquidity. Reports also describe a vulnerability exploit that led to about $300,000 being withdrawn from its concentrated-liquidity pools. The current state of affected funds is not established.

How mySwap V1 works

mySwap was an automated market maker (AMM), a type of decentralized exchange where trades use token reserves held in liquidity pools rather than matching individual buy and sell orders. Users could swap through those pools or provide assets to them.

Its pools used concentrated liquidity: providers could assign liquidity to chosen price ranges. This can make liquidity more focused around the prices where trading is expected, but it also means positions can become less useful when prices move outside their selected ranges. mySwap ran on Starknet. Its interface has been reported closed, and the protocol's pools were affected by a vulnerability exploit.

3 features

Key features

Starknet AMM

mySwap was an automated market maker built on Starknet, where users could trade through liquidity pools.

Concentrated liquidity

Its pools used concentrated liquidity, allowing providers to allocate liquidity to selected price ranges.

Liquidity provision

The project offered liquidity positions intended to earn fees from pool trading, though the current status of those positions is not established.

Pros and cons

What we like

Built specifically for Starknet.
Used concentrated liquidity, allowing providers to target selected price ranges.
Combined token swaps and liquidity provision in an AMM.

Watch out for

The mySwap interface has been reported closed and is no longer accepting new liquidity.
A reported vulnerability exploit affected its concentrated-liquidity pools, with about $300,000 withdrawn.
Audit status, fees, and the current state of user funds are not established.
Public sources do not establish whether any recovery or migration process is available.

mySwap V1 fees

mySwap's trading and liquidity-provider fees are not published here. The interface has been reported closed, so users should not rely on historical fee terms or expect to be able to check them through the service.

Is mySwap V1 safe?

A vulnerability exploit reportedly led to about $300,000 being withdrawn from mySwap's concentrated-liquidity pools. The current status of affected funds and any recovery process is not established. This incident makes interacting with the protocol or its contracts especially risky.

Audit status is not established, and the project's custody arrangements, regulatory status, and any incident response details are not published here. The interface has been reported closed and is no longer accepting new liquidity. Do not deposit funds on the assumption that the service or its pools remain operational.

4 steps

How to get started with mySwap V1

1
Treat mySwap as inactive; its interface has been reported closed.
2
Do not send assets or add liquidity to contracts associated with mySwap.
3
If you previously used the protocol, verify your positions and transactions directly on Starknet with a trusted wallet or block explorer.
4
Look for an official update before taking any action involving affected funds; the availability of a recovery or migration process is not established.

Open mySwap V1

Who mySwap V1 is for

mySwap may interest Starknet users researching the history of concentrated-liquidity AMMs, but it is not appropriate for people seeking an active exchange or a place to deposit liquidity. Former users concerned about positions should verify them on Starknet and look for an official update.

mySwap V1 FAQs

What is mySwap?

mySwap was an automated market maker on Starknet that used concentrated liquidity. It allowed users to trade through pools and provide liquidity.

Is mySwap still active?

The interface has been reported closed for more than six months and no longer accepts new liquidity. Treat the service as inactive rather than as an available venue.

Was mySwap hacked?

Reports say a vulnerability exploit led to about $300,000 being withdrawn from mySwap concentrated-liquidity pools. The current state of affected funds and any recovery process is not established.

Which blockchain did mySwap use?

mySwap operated on Starknet. Its concentrated-liquidity design let liquidity providers allocate funds to selected price ranges rather than spreading them across all prices.

What fees did mySwap charge?

Fees are not published in the information available about the project. Do not assume historical fee terms still apply, especially while the interface is closed.

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