DEXes · Review
Oolong Finance Review 2026: Boba DEX and OLO
Oolong Finance, also called OolongSwap, is a Boba Network DEX whose documentation describes token swaps, liquidity, farming and OLO staking. Its feature set is broad, but current operating status, fees and audit details are unclear.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.5/10
Mixed
Our verdict on Oolong Finance
5.5/10OolongSwap may suit users already exploring DeFi on Boba Network who want swaps, liquidity tools, farms and OLO staking in one project. Its main strength is the range of features described in the documentation, including a dynamic pair-fee design. The key caveat is uncertainty: fee details, audit results and current feature availability are not established, and the documentation appears dated. Verify the interface and contracts before committing funds, and treat any pool or staking return as uncertain.
Score breakdown
How Oolong Finance scores
- Security
- n/a
- Ease of use
- 5.0/10
- Fees
- n/a
- Features
- 6.0/10
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 Oolong Finance?
Oolong Finance, branded OolongSwap, describes itself as a decentralized exchange and liquidity hub for Boba Network. The project documentation presents token swaps and liquidity provision alongside yield farming, Multea Farm and YOLO staking for OLO.
The documentation also lists lending, bonds and protocol-controlled value, but does not explain their current availability in its introduction. It notes a dynamic pair-fee feature without publishing rates or a formula. The documentation's last-update note is several years old, so users should verify that the interface, contracts and product details remain current before relying on them.
How Oolong Finance works
OolongSwap presents itself as a decentralized exchange and liquidity hub for Boba Network. A DEX of this kind lets users swap tokens through liquidity pools rather than placing orders through a centralized exchange. The documentation also highlights dynamic pair fees, but does not explain how those fees are calculated or provide current rates.
The product documentation lists liquidity provision, yield farming, Multea Farm and YOLO auto-compound staking for OLO. It also has sections for lending, bonds and PCV. These are distinct activities with different risks; the introduction does not provide current pool listings, reward terms, lending mechanics or evidence that every listed feature is still operating.
5 features
Key features
01
Token swapping
The DEX is presented as a place to trade tokens on Boba Network. Its introduction highlights dynamic pair fees, but does not publish fee rates or a formula.
02
Liquidity provision
Users are invited to provide liquidity. As with other pool-based DEXs, liquidity providers can face losses when token prices move relative to one another.
03
Yield farms
The documentation lists yield farming and a Multea Farm for newer Boba projects. Current pools and reward terms are not established in the introduction.
04
OLO staking
OLO holders are offered YOLO auto-compound staking in the product description. Current availability and reward rates are not stated there.
05
Additional DeFi tools
The documentation includes sections for lending, bonds and protocol-controlled value (PCV). The introduction does not explain their mechanics or current status.
Pros and cons
What we like
- Documentation describes several DeFi functions beyond token swaps, including liquidity provision, farming and OLO staking.
- The project identifies Boba Network as its target ecosystem.
- A dynamic pair-fee feature is documented, signaling that fees may vary by pair rather than follow one flat rate.
- Documentation includes sections for lending, bonds and PCV, indicating a broader planned or documented product scope.
Watch out for
- Current operating status and liquidity are not established by the documentation.
- Trading fees and the dynamic pair-fee formula are not published in the introduction.
- The documentation does not establish whether the protocol has been audited.
- Using a DEX exposes users to smart-contract risk, token volatility and possible slippage.
- The documentation's last-update note is several years old, so some features or instructions may be outdated.
Oolong Finance fees
OolongSwap describes a dynamic pair-fee feature, but does not publish the fee rates or calculation in its introduction. Network transaction costs also apply when using a blockchain DEX. Check the applicable charges in the swap interface before confirming a transaction; lending, farming and staking terms are not specified here.
Is Oolong Finance safe?
The documentation includes an audit section in its navigation, but the available introduction does not establish an audit result or identify its scope. Treat that as unverified until you can inspect audit materials and match them to the contracts you intend to use.
Swaps, liquidity provision, farms and staking can expose users to smart-contract vulnerabilities, token-price volatility, slippage and loss of funds. The documentation's last-update note is several years old, and current operation, contract details and security history are not established. OolongSwap is not a gambling product; no gambling license or KYC status is stated.
6 steps
How to get started with Oolong Finance
- 1
Read the OolongSwap documentation and check whether its instructions and features are current.
- 2
Set up a wallet that supports Boba Network and connect it to the network.
- 3
Obtain the tokens you intend to trade, along with the network's native token for transaction costs.
- 4
Connect your wallet to OolongSwap and review the displayed exchange rate, slippage and fee information before swapping.
- 5
If providing liquidity, farming or staking, review pool details, lockup conditions and reward terms before approving a transaction.
- 6
Confirm each wallet transaction only after checking the contract and the amount being approved.
Who Oolong Finance is for
OolongSwap is aimed at users who already have a wallet and assets on Boba Network and want to swap tokens or explore liquidity provision, farming and OLO staking. It is less suitable for anyone who needs clearly published fees, current pool terms or independently confirmed security information before using a DeFi protocol.
Oolong Finance FAQs
What is Oolong Finance?
OolongSwap is described as a decentralized exchange and liquidity hub for Boba Network. Its documentation also describes liquidity provision, yield farming and OLO staking.
How does OolongSwap work?
OolongSwap's documentation describes token swapping through a DEX/AMM model. It also lists liquidity provision and a dynamic pair-fee feature, but does not give the fee formula in its introduction.
What is the OLO token used for?
OLO is the token named in the documentation. It is described as usable for YOLO auto-compound staking and discounted purchases through bonds.
Has OolongSwap been audited?
The documentation does not establish an audit result. Check the project's audit materials and contract details before interacting, and account for smart-contract and token risks.
What fees does OolongSwap charge?
The introduction does not publish swap or other protocol fees. Review the applicable fee information in the swap interface before confirming a transaction.
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How we checked
Sources
No public sources were recorded for this review.
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