DEXes · Review

Smoothy Finance Review 2026: Stable-Asset Swaps

Smoothy Finance is a smart-contract protocol for swapping assets backed by similar underlying value, such as stablecoins, through a shared pool. Its documentation states a 0.04% swap fee, but it is old and current availability is unclear.

By the DappsAtlas editorial team · Updated Nov 6, 2026

DappsAtlas score

5.5/10

Mixed

Visit Smoothy Finance

Our verdict on Smoothy Finance

5.5/10

Smoothy may interest DeFi users seeking swaps between stablecoins or other tokens backed by similar assets, and liquidity providers exploring a shared-pool model. Its documentation gives a clear intended use and states a 0.04% swap fee. The main caveat is how dated that documentation is: current pools, supported chains, fees, audits, and incentives are not established. Check the live app and transaction details before committing funds, and account for smart-contract and pool risks.

Score breakdown

How Smoothy Finance scores

Security: n/a
Ease of use: n/a
Fees: 5.0/10
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 Smoothy Finance?

Smoothy Finance is a DeFi swap protocol designed for tokens backed by similar underlying assets, such as stablecoins. Its documentation describes a shared pool intended to support direct swaps, flexible pool membership, and liquidity-provider incentives.

The documentation lists a 0.04% swap fee and names SMTY as an incentive token. However, the documentation is several years old, and current app, pool, chain, and reward availability are unclear. Treat its stated features and fee as historical until confirmed in the app.

How Smoothy Finance works

Smoothy describes a pool that holds tokens backed by similar underlying assets, such as stablecoins. A trader swaps one supported token for another through that shared pool. The protocol says this design is intended to support lower slippage and gas use than some alternatives, but those outcomes depend on the live pool and transaction conditions.

Liquidity providers supply tokens to the pool, making swaps possible. Smoothy’s documentation also describes interest earning and SMTY-based incentives, but it does not confirm which pools or rewards are currently active. A pool-based swap can expose users to smart-contract risk and to losses if the assets diverge in value or the pool becomes imbalanced.

4 features

Key features

Shared asset pool

Smoothy describes a single pool for tokens backed by similar underlying assets, such as stablecoins.

Stable-asset swaps

The protocol is designed to let users swap supported pool assets directly.

Flexible pool tokens

Smoothy says pool membership can accommodate additional tokens backed by the same underlying asset.

LP incentives

The documentation describes interest earning and incentives for liquidity providers, but does not establish which opportunities are currently available.

Pros and cons

What we like

Designed specifically for swaps between assets with similar underlying value.
The documentation describes a shared pool that can accommodate additional qualifying tokens.
A 0.04% swap fee is stated in the documentation.
The docs explain the protocol’s intended liquidity-provider incentives and token utility.

Watch out for

The published documentation is several years old, so current pool availability and supported assets are unclear.
The stated 0.04% swap fee may not reflect current terms.
The documentation does not establish which specific chains or tokens are currently supported.
Audit, custody, and incident details are not published in the documentation.

Smoothy Finance fees

Smoothy’s documentation lists a 0.04% swap fee. This figure appears in an older comparison and may not reflect current terms. Fees for adding or removing liquidity are not specified. Check the app’s transaction details before confirming a swap.

Is Smoothy Finance safe?

Smoothy’s documentation does not publish audit details, custody arrangements, or an incident history. As a smart-contract protocol, it carries contract risk; pool users may also face losses if assets diverge in value or liquidity conditions change. Regulatory status is not stated. The documentation is several years old, so confirm the app and pool are currently operating before interacting.

5 steps

How to get started with Smoothy Finance

1
Read Smoothy’s documentation to understand its pool model and risks.
2
Open the app referenced by the documentation and check whether it is currently available.
3
Confirm that your wallet, network, and chosen tokens are supported in the app.
4
Review the displayed price, fee, and transaction details before swapping.
5
If providing liquidity, check the pool terms and understand that token values and pool composition can change.

Open Smoothy Finance

Who Smoothy Finance is for

Smoothy is aimed at DeFi users who want to swap assets with similar underlying value, as well as liquidity providers interested in supporting those swaps. It is a poor fit for anyone who needs clear, current information on supported networks, pool terms, audits, or reward availability before participating.

Smoothy Finance FAQs

What is Smoothy Finance?

Smoothy describes a shared pool for assets backed by the same underlying value, including stablecoins. Traders swap between tokens in the pool, while liquidity providers supply assets to support those swaps.

What fees does Smoothy Finance charge?

Smoothy’s documentation lists a 0.04% swap fee. The documentation is several years old, so check the app for current fees before making a transaction; fees for providing or removing liquidity are not specified there.

Which chains does Smoothy Finance support?

The documentation describes Smoothy as deployed on Ethereum-compatible blockchains but does not identify specific currently supported networks. Check the app before sending assets, and do not assume a token or chain is supported.

What is the SMTY token used for?

Smoothy names SMTY as a functional utility token used for economic incentives. The documentation does not establish current token utility or incentive availability.

Is Smoothy Finance a gambling site?

Smoothy is a DeFi trading protocol, not a gambling service. DeFi transactions can still result in financial losses, including from smart-contract failures or changes in asset value.

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