savmSwap Review 2026: A Small Uniswap V2 Fork on SatoshiVM

savmSwap is a decentralized exchange built as a fork of Uniswap V2 on the SatoshiVM chain. Its documentation describes it as a peer-to-peer system for exchanging ERC-20 tokens, and it has promoted itself as the first DEX on SatoshiVM. It has been tracked since April 2024.

The protocol is small. Trackers report total value locked of roughly $325K, with a modest decline over recent weeks. It lists no audits, and its own token is not tracked by price aggregators. A token tracker shows a supply of 100 billion with only a few holders and transactions, so distribution looks very limited.

The homepage could not be reviewed directly, so details such as the team, swap fee level and governance are not confirmed here. The project's documentation site is the main place to check those points.

savmSwap follows the Uniswap V2 model, an automated market maker. Instead of matching buyers with sellers, trades happen against pools that hold two tokens. A formula sets the price based on the ratio of the two tokens in the pool.

Liquidity providers deposit both tokens into a pool and receive a claim on it. Traders pay a fee on each swap, and in the V2 design that fee goes to the liquidity providers. The exact fee on savmSwap is not published in the material reviewed.

The protocol also offers staking, which its documentation says lets participants earn rewards and support the platform. Because pools are small, prices can move sharply on larger trades, and liquidity providers face impermanent loss when token prices diverge.

No audits are listed for savmSwap. Because the protocol is a fork of a widely used codebase, the core logic is familiar, but forks can still carry modified code, and any changes would need review. The team behind it is not named in the material reviewed.

One risk-scoring site gives savmSwap a trust score of 41.8 out of 100, grade C, and reports no known security incidents. That is a middling rating, not a clean bill of health. As a non-custodial DEX, users keep their tokens in their own wallets but are exposed to smart-contract bugs, low liquidity and impermanent loss.

Use only small amounts, verify the contract and site addresses through the official documentation, and expect that liquidity on a small chain can be hard to exit. Check the rules in your jurisdiction before trading.

savmSwap suits experienced DeFi users who already use SatoshiVM and are comfortable with small, unaudited protocols. It is not a good fit for newcomers, for large trades, or for anyone who needs deep liquidity and a long track record.