DEXes · Review
NowSwap Review 2026: Ethereum DEX and Hack Risks
NowSwap is an Ethereum DEX described as focusing on low-fee, small trades. Its current availability is unclear, and a reported 2021 hack makes its security history an important consideration.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on NowSwap
NowSwap may interest Ethereum users looking for a DEX aimed at small trades, but there is not enough current information to establish whether it is usable or what it charges. The main concern is its reported 2021 hack, alongside the lack of listed audits and published information about remediation. Until its current interface, contracts, and security posture can be verified, users should be cautious about connecting a wallet or approving transactions.
Score breakdown
How NowSwap 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 NowSwap?
NowSwap is an Ethereum-based decentralized exchange described as offering low transaction fees for small trades. Its homepage could not be accessed, so its current availability and supported tokens are unclear. A security report says hackers stole $1 million in tokens from the DEX in September 2021.
How NowSwap works
NowSwap is described as a decentralized exchange on Ethereum. DEXs generally let users swap tokens through on-chain contracts rather than placing trades through a centralized exchange account. The specific contracts, liquidity model, supported pairs, and transaction process for NowSwap are not published.
3 features
Key features
01
Small-trade focus
NowSwap is described as aiming for low transaction fees on small-size trades. Current fee levels are not published.
02
Ethereum DEX
The exchange is listed on Ethereum. The specific tokens and trading pairs it supports are not established.
03
Decentralized exchange
NowSwap is described as decentralized, but its swap routing, liquidity model, and transaction flow are not published.
Pros and cons
What we like
- Its stated focus is on small-size trades.
- It is listed on Ethereum.
- No separate NowSwap token is identified.
Watch out for
- NowSwap's current operating status is unclear, and its homepage could not be accessed.
- A security report says hackers stole $1 million in tokens from the DEX in September 2021.
- No audits are listed, and details of any post-hack fixes are not published.
- Trading fees and the exact swap mechanics are not published.
NowSwap fees
Fees are not published. If a current trading interface is accessible, check its swap screen for the applicable costs before confirming a transaction.
Is NowSwap safe?
A security report says hackers stole $1 million in tokens from NowSwap on September 15, 2021. No audits are listed, and information about any remediation or later security reviews is not published. A past incident does not establish the current state of the contracts, so users should treat the unresolved security history as a significant risk.
The project's current operating status is unclear. Licensing and KYC details are not published; these are not established as gambling-related services.
5 steps
How to get started with NowSwap
- 1
Confirm that NowSwap has a current, working interface before attempting to use it.
- 2
Verify that the site is an official NowSwap interface before connecting a wallet.
- 3
Check that the interface supports Ethereum and the tokens you intend to trade.
- 4
Review the displayed swap quote and any fees before approving a transaction.
- 5
Only proceed if you understand the transaction and are comfortable with the project's unresolved security and availability questions.
Who NowSwap is for
NowSwap is relevant mainly to Ethereum users researching small-trade DEX options. With its current availability, supported pairs, fees, and post-hack security work unclear, it is not a well-documented choice for someone seeking a readily verifiable exchange.
NowSwap FAQs
What is NowSwap?
NowSwap is described as a decentralized exchange on Ethereum, with a focus on low transaction fees for small trades. Its current availability is unclear.
Was NowSwap hacked?
A security report says hackers stole $1 million in tokens from NowSwap on September 15, 2021. No audit information or details about subsequent security fixes are published.
What fees does NowSwap charge?
NowSwap's fees are not published. Check the current trading interface for any fees before considering a swap, if the service is accessible.
Compare
NowSwap alternatives
Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.
Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.
Uniswap V2 is a non-custodial automated market maker DEX on 17 chains for token swaps and liquidity provision, with about $938M TVL.
PancakeSwap AMM V3 is a multichain decentralized exchange using concentrated liquidity pools, for traders and liquidity providers, led by BNB Chain.
Fluid DEX is the trading layer of Instadapp's Fluid protocol, where LP positions can also serve as collateral on a shared liquidity layer.
Angstrom is a Uniswap V4 hook-based DEX on Ethereum, built by Sorella Labs, that uses batch auctions to return MEV to liquidity providers.
Same category
More DEXes
Curve is a decentralized exchange on Ethereum built for low-slippage swaps of stablecoins and similar assets, with CRV governance and a crvUSD stablecoin.
PancakeSwap is a BNB Smart Chain decentralized exchange with swaps, farming, staking and CAKE governance for self-custody DeFi users.
PancakeSwap V2 is a constant-product AMM DEX mainly on BNB Chain for swapping tokens, providing liquidity and farming CAKE rewards.
THORChain is a Layer 1 DEX for swapping native assets across blockchains without wrapped tokens or bridges, aimed at self-custody and no-KYC users.
Raydium is a decentralized exchange and automated market maker on Solana, built around fast, low-cost swaps and liquidity pools.
QuickSwap is a multichain DEX, started on Polygon, offering swaps, liquidity pools, farms, QUICK staking and perpetuals for self-custody DeFi users.
Same chain
More on Ethereum
Lido is a liquid staking protocol where users stake ETH and receive stETH, a reward-earning token usable across DeFi, governed by LDO holders.
Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.
DeFi Saver is a non-custodial tool for managing and automating leveraged lending positions across major DeFi protocols on Ethereum and layer-2 networks.
OKX is a major centralized crypto exchange for spot and derivatives trading, earn products and a Web3 wallet, with its own OKB token.
LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.
Morpho Blue is a permissionless lending primitive with about $11.4 billion in TVL on DefiLlama, accessed mainly through curated vaults.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.