Skip to content

DappsAtlas index · 14,224 dApps

DappsAtlas
SoulSwap logo

DEXes · Review

SoulSwap Review 2026: AMM and Lending Risks

SoulSwap is an AMM exchange within the Soul Protocol, described as offering cross-chain DeFi tools and P2P lending. Its small reported TVL and lack of listed audits make liquidity and contract risk important considerations.

By the DappsAtlas editorial team · Updated

DappsAtlas score

—/10

Not rated

Our verdict on SoulSwap

SoulSwap may interest users looking for an AMM exchange with lending and cross-chain ambitions across Fantom and Avalanche. Its main appeal is that it is presented as more than a single-purpose swap venue, with P2P lending also described. The main caveats are a reported TVL of about $2,807, unclear current markets and terms, and no listed audits. Confirm the app is functioning and inspect transaction details before considering use.

Score breakdown

How SoulSwap 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 SoulSwap?

SoulSwap is an AMM exchange within Soul Protocol. It is described as providing cross-chain DeFi tools and P2P lending, with Fantom and Avalanche listed as supported chains and lending associated with Fantom. SOUL is the project's named token. Reported TVL is about $2,807, and the project does not clearly publish supported assets, lending terms, or current activity.

How SoulSwap works

SoulSwap is described as an AMM exchange. In a typical AMM, users trade against token pools; pool balances help determine prices, and the amount received can vary with liquidity and trade size. SoulSwap's specific pool and pricing rules are not published here.

The project is also described as cross-chain and as offering P2P lending on Fantom. Those labels do not establish which assets, routes, or lending terms are currently available, so check the app carefully before interacting.

3 features

Key features

01

AMM exchange

SoulSwap is described as an automated market maker exchange. AMMs typically let users trade against token pools rather than matching orders in a traditional order book.

02

Cross-chain DeFi

The project description presents SoulSwap as cross-chain, with Fantom and Avalanche listed as supported chains. Specific cross-chain routes are not published.

03

P2P lending

SoulSwap is also described as offering peer-to-peer lending on Fantom. Lending markets and terms are not specified.

Pros and cons

What we like

  • Offers an AMM exchange and is described as including P2P lending.
  • Fantom and Avalanche are listed as supported chains.
  • The project has a named token, SOUL.

Watch out for

  • Reported TVL is about $2,807, indicating a small liquidity base that may mean limited trading depth.
  • The listed TVL fell 9.9% over seven days, though this figure can change.
  • Fees, lending terms, supported assets, and current interface availability are not clearly published.
  • No audits are listed for SoulSwap.

SoulSwap fees

SoulSwap's trading and lending fees are not published. Check the transaction details in the app and confirm any network fee in your wallet before approving a transaction.

Is SoulSwap safe?

No audits are listed for SoulSwap. A small reported TVL may mean limited liquidity, while AMM trades can face slippage and liquidity providers can incur impermanent loss. Lending and cross-chain features can add smart-contract and counterparty risks; their specific safeguards are not published. Check that crypto trading and any lending activity are legal where you live, and only interact with contracts and networks you have verified.

4 steps

How to get started with SoulSwap

  1. 1

    Check that the SoulSwap app is available and that the assets and network you want to use are supported.

  2. 2

    Connect a compatible wallet and select Fantom or Avalanche if the app offers that network for your intended action.

  3. 3

    For a swap, choose the assets and review the quoted amount, slippage, and transaction details before signing.

  4. 4

    For lending, review the market terms and risks shown by the app before supplying or borrowing assets.

Who SoulSwap is for

SoulSwap is most relevant to crypto users already comfortable with AMM trading who want to explore a protocol described as combining swaps, cross-chain DeFi, and P2P lending. It is a poor fit for anyone who needs clearly documented fees, lending terms, or audit information before taking on contract risk.

SoulSwap FAQs

What is SoulSwap?

SoulSwap is described as an AMM exchange and part of Soul Protocol, with cross-chain DeFi tools and P2P lending also mentioned. The lending description specifically refers to Fantom.

What is the SOUL token?

SoulSwap's token is SOUL. Token availability, supported markets, and current trading activity are not clearly published.

Is SoulSwap safe to use?

No audit is listed for SoulSwap, and the reported TVL is small. Review contract and liquidity risks carefully before considering any transaction.

Compare

SoulSwap alternatives

All alternatives
Uniswap V3 logoScore 8.4 out of 10

Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.

TVL $1.52B−1.8%Ethereum · Base · Arbitrum +38
Uniswap V4 logoScore 8.5 out of 10

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.

TVL $1.18B+3.6%Ethereum · Robinhood Chain · Base +19
Uniswap V2 logoScore 8.0 out of 10

Uniswap V2 is a non-custodial automated market maker DEX on 17 chains for token swaps and liquidity provision, with about $938M TVL.

TVL $870M−3.6%Ethereum · Base · Polygon +14
THORChain DEX logoScore 7.7 out of 10

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.

TVL $61.3M−5.3%THORChain · Bitcoin · Ethereum +10
SushiSwap logoScore 7.4 out of 10

SushiSwap is a multichain decentralized exchange with a swap aggregator, perps, staking and liquidity pools for self-custody DeFi traders.

TVL $35.5M−0.8%Ethereum · Polygon · Arbitrum +32
Balancer V2 logoScore 6.8 out of 10

Balancer V2 is a non-custodial AMM protocol for programmable liquidity pools on Ethereum and eight other EVM chains, aimed at traders and liquidity providers.

TVL $16.5M−1.0%Ethereum · Polygon · Arbitrum +6

Same category

More DEXes

DEXes rankings

Curve

DEXes

Score 8.0 out of 10

Curve is a decentralized exchange on Ethereum built for low-slippage swaps of stablecoins and similar assets, with CRV governance and a crvUSD stablecoin.

Ethereum
Pancakeswap logoScore 8.0 out of 10

PancakeSwap is a BNB Smart Chain decentralized exchange with swaps, farming, staking and CAKE governance for self-custody DeFi users.

BNB Chain
PancakeSwap AMM V3 logoScore 7.8 out of 10

PancakeSwap AMM V3 is a multichain decentralized exchange using concentrated liquidity pools, for traders and liquidity providers, led by BNB Chain.

TVL $684M−1.3%BNB Chain · Ethereum · Base +8
Pancakeswap V2 logoScore 7.8 out of 10

PancakeSwap V2 is a constant-product AMM DEX mainly on BNB Chain for swapping tokens, providing liquidity and farming CAKE rewards.

BNB Chain · Base
Raydium logo

Raydium

DEXes

Score 7.6 out of 10

Raydium is a decentralized exchange and automated market maker on Solana, built around fast, low-cost swaps and liquidity pools.

Solana
Quickswap logoScore 7.6 out of 10

QuickSwap is a multichain DEX, started on Polygon, offering swaps, liquidity pools, farms, QUICK staking and perpetuals for self-custody DeFi users.

Polygon · Base · Immutablezkevm +6

Same chain

More on Fantom

Fantom rankings
Aave V3 logo

Aave V3

Lending

Score 8.6 out of 10

Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.

TVL $15.8B+5.1%Ethereum · Base · Arbitrum +18
LayerZero V2 logoScore 8.0 out of 10

LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.

TVL $17.9B+10.6%Polygon · Ethereum · ApeChain +76
Team Finance logo

Team Finance

Token Locker

Score 7.8 out of 10

Team Finance is a non-custodial platform where token projects create tokens, lock liquidity and team tokens, set up vesting, run staking pools and airdrops.

TVL $57.0M−1.5%Ethereum · BNB Chain · Base +18
vfat.io logo

vfat.io

Yield Aggregator

Score 7.8 out of 10

vfat.io is a non-custodial, multi-chain yield aggregator and portfolio manager built on the Sickle smart contract wallet, for active DeFi farmers.

TVL $31.8M−1.2%Base · Ethereum · Hyperliquid L1 +33
Gate logo

Gate

Centralized Exchanges

Score 7.7 out of 10

Gate is a centralized crypto exchange founded in 2013 offering spot, futures, stocks and earn products for traders who want one multi-asset account.

TVL $5.91B−2.6%Ethereum · Bitcoin · BNB Chain +129
Drpc logo

Drpc

Infrastructure

Score 7.7 out of 10

dRPC is a multichain RPC provider offering managed cloud endpoints, an open-source load balancer and chain infrastructure tools for developers and foundations.

Ethereum · BNB Chain · Polygon +18

How we checked

Sources

  1. 1.defillama.com/protocol/soulswap

Last updated . Spotted an error? Tell us and we will correct it.