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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. 1

    Confirm that NowSwap has a current, working interface before attempting to use it.

  2. 2

    Verify that the site is an official NowSwap interface before connecting a wallet.

  3. 3

    Check that the interface supports Ethereum and the tokens you intend to trade.

  4. 4

    Review the displayed swap quote and any fees before approving a transaction.

  5. 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

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How we checked

Sources

  1. 1.defillama.com/protocol/nowswap

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