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NemoSwap Review 2026: A Small DEX on RENEC

NemoSwap is a decentralized exchange on the RENEC blockchain, listed since October 2023. It offers swaps, liquidity pools and a P2P market, but liquidity is thin and fee details are not published.

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By the DappsAtlas editorial team · Updated Nov 5, 2026

DappsAtlas score

5.3/10

Mixed

Visit NemoSwap

Our verdict on NemoSwap

5.3/10

NemoSwap suits users who already hold assets on the RENEC blockchain and want a native place to swap, provide liquidity or try the P2P market. Its strength is being the chain's first DEX with a simple interface and low-fee, gasless positioning. The main caveat is size: TVL is only about $62.8K, fees are not published, and audit details are not visible on the homepage. Treat it as a small-scale venue, test with minimal amounts and verify the audits first.

Score breakdown

How NemoSwap scores

Security: 5.5/10
Ease of use: 6.0/10
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 NemoSwap?

NemoSwap is a decentralized exchange on the RENEC blockchain. Its description calls it the first DEX on that network, and it has been tracked since October 2023. The site is run under the Renec Foundation name.

The homepage is minimal: Swap, Assets and Liquidity sections, plus a note about top weekly trading volume on a P2P market. The project says it supports easy conversion between fiat and crypto with gasless transactions and low fees.

Tracked TVL is about $62.8K, with no change over the past week, and there is no NemoSwap token. Two audits are listed. This makes it a small, ecosystem-specific DEX rather than a deep liquidity venue.

How NemoSwap works

NemoSwap is an automated market maker style DEX. Instead of an order book, traders swap against pools of tokens that liquidity providers have deposited. The price comes from the ratio of tokens in the pool, so larger trades move the price more, especially in small pools.

Users connect a wallet, choose two tokens and sign the swap. The trade settles on the RENEC blockchain, and users keep custody of their assets until they sign. The project describes transactions as gasless, though the homepage does not explain how fees are covered.

The homepage also highlights a P2P market where users trade with each other directly. Details of how that market handles matching, escrow or payment methods are not published on the homepage.

6 features

Key features

Token swaps

The Swap section lets users exchange tokens on the RENEC chain through on-chain liquidity pools.

Liquidity pools

A Liquidity section lets users supply tokens to pools that traders swap against.

P2P market

The homepage highlights weekly trading volume on a peer-to-peer market, so users can trade directly with each other.

Gasless, low-fee trading

The project describes gasless transactions and low trading fees. The mechanism behind gasless trading is not detailed on the homepage.

Asset overview

An Assets section shows the tokens a user holds in connected wallets on RENEC.

Fiat conversion claim

The project describes easy conversion between fiat and cryptocurrencies. The homepage gives no detail on how this works.

Pros and cons

What we like

First DEX on the RENEC chain, so it is a natural entry point for that ecosystem
Covers the basics: swaps, liquidity provision and an asset view
Gasless transactions and low fees are part of the project's stated pitch
Includes a P2P market alongside pool-based swaps
Two audits are listed in tracked data
Non-custodial design, with users signing from their own wallet

Watch out for

Very small tracked liquidity (about $62.8K TVL), so larger trades are likely to move prices
Tied to the RENEC chain, which has a much smaller ecosystem than the major networks
No fee schedule, team details or audit reports are published on the homepage
No native token or published incentive program, which may limit liquidity growth
The fiat conversion claim has no explanation of providers, limits or checks on the homepage

NemoSwap fees

NemoSwap does not publish a fee schedule on its homepage. The project describes its trading fees as low and its transactions as gasless, but gives no percentage for swaps or for liquidity providers.

Users should see the exact fee and expected price impact on the swap screen before confirming a trade. Liquidity providers should check how pool fees are shared before depositing.

Is NemoSwap safe?

Two audits are listed in tracked data, but the homepage does not name the auditors or link the reports. Anyone considering the platform should find and read them. Smart-contract bugs are the main risk on any DEX, and a small TVL means less battle-testing and less market scrutiny.

The platform is non-custodial for swaps, so funds stay in the user's wallet until a transaction is signed. The fiat conversion and P2P features may involve counterparties or third parties, and the homepage does not explain how they work. The team is not named on the homepage beyond the Renec Foundation credit, and no regulatory status is stated. Check the rules where you live before using any fiat-related feature.

6 steps

How to get started with NemoSwap

1
Set up a wallet that supports the RENEC blockchain and fund it with RENEC or other supported assets.
2
Open the NemoSwap site and connect the wallet.
3
Check the Assets section to confirm your balances appear.
4
On the Swap page, pick the tokens, enter an amount and review the quoted rate, fee and price impact.
5
Start with a small trade, because pools are shallow, then confirm in your wallet.
6
If you want to provide liquidity, use the Liquidity section and read how pool shares and fees work first.

Open NemoSwap

Who NemoSwap is for

NemoSwap is for people already using the RENEC blockchain who want a native DEX for swaps, liquidity provision or P2P trades. It is less suited to traders who need deep liquidity, many token pairs or published, detailed fee information.

NemoSwap FAQs

What is NemoSwap?

NemoSwap is a decentralized exchange built on the RENEC blockchain and described as the first DEX on that network. Its homepage offers Swap, Assets and Liquidity sections and mentions a P2P market.

Which blockchain does NemoSwap use?

It runs on RENEC, a smaller layer-1 blockchain operated with the Renec Foundation. The homepage footer credits the Renec Foundation.

Does NemoSwap have its own token?

No. Tracked data shows no token of its own for NemoSwap. Fees and rewards, where they exist, would be in RENEC-based assets.

What are the fees on NemoSwap?

The project describes gasless transactions and low trading fees, but the homepage does not publish a fee percentage. Check the swap and liquidity screens for the exact figures before confirming a trade.

Is NemoSwap safe?

Two audits are listed in tracked data, but the homepage does not link their reports or name the auditors here. Any DEX still carries smart-contract risk, and small pools carry price-impact risk, so read the audit reports and only use funds you can afford to lose.

How much liquidity does NemoSwap have?

Tracked TVL is roughly $62.8K, which is small. Expect limited depth and noticeable slippage on anything beyond small swaps.

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