DEXes · Review
StellaSwap Review 2026: Moonbeam DEX With a Weak Token
StellaSwap is a Moonbeam-based decentralized exchange offering swaps, liquidity pools, farming and staking. The STELLA token has lost nearly all of its peak value, so treat it as a small, high-risk venue.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.5/10
Mixed
Our verdict on Stellaswap
5.5/10StellaSwap suits experienced DeFi users who already work on Moonbeam and want a hybrid AMM with farming and staking options. Its main strength is a broad product set built around standard, stable and concentrated pools. The main caveat is the state of the ecosystem: STELLA has lost almost all its peak value, the market cap is tiny, and audit and team details are not published. Keep positions small, verify liquidity before trading and check current documentation.
Score breakdown
How Stellaswap scores
- Security
- 5.0/10
- Ease of use
- 6.5/10
- Fees
- n/a
- Features
- 6.5/10
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 Stellaswap?
StellaSwap is a decentralized exchange on Moonbeam, the EVM-compatible parachain in the Polkadot ecosystem. Descriptions of the project call it one of the first AMM DEXes on Moonbeam and a gateway to DeFi on that network.
It combines swaps with yield products: liquidity pools, farming, single-asset deposits, liquid staking and a vote-escrow token model. The pool design is described as hybrid, covering standard, stable and concentrated liquidity.
The native token, STELLA, has fallen sharply. One July 2026 snapshot showed a market cap of about $76K, a fully diluted valuation of about $241K and a price roughly 99.99% below its $4.55 all-time high. That signals little remaining market activity, though the exchange may still operate.
How Stellaswap works
StellaSwap is an automated market maker. Users deposit pairs of tokens into liquidity pools, and traders swap against those pools at prices set by a formula rather than by matching buyers and sellers. Liquidity providers earn a share of trading fees.
The docs and third-party descriptions mention three pool styles: standard V2 pools, stable pools for similarly priced assets, and concentrated liquidity pools where providers choose a price range. This hybrid design is meant to give low slippage across different asset types.
Beyond swaps, users can farm LP positions for token rewards, stake STELLA through a vote-escrow model, and use single-asset deposits and liquid staking. Rewards are typically paid in STELLA and sometimes partner project tokens.
6 features
Key features
01
AMM token swaps
Swaps run through automated market-making pools rather than an order book, so users trade against pooled liquidity.
02
Hybrid pool types
The exchange is described as a hybrid AMM with standard V2, stable and concentrated liquidity pools, aimed at low-slippage trading.
03
Liquidity farming
Liquidity providers can farm their LP positions to earn rewards. One guide describes LP NFT farming that pays rewards in STELLA and a partner token.
04
Vote-escrow STELLA
The documentation lists a vote-escrow STELLA model with a (3,3) mechanism for governance and incentives.
05
Staking products
The project's docs list single-asset deposits and liquid staking alongside the exchange.
06
Cross-ecosystem bridge
A third-party tutorial describes a bridge connecting Cosmos and Polkadot assets via the platform.
Pros and cons
What we like
- Early, established DEX on Moonbeam with a clear product set
- Hybrid AMM design with standard, stable and concentrated pools
- Offers farming, staking and liquid staking in one place
- Non-custodial model, so users hold their own assets in their wallet
- Documentation covers the token model and core contracts
Watch out for
- STELLA trades far below its all-time high, with a market cap around $76K in one July 2026 snapshot, which points to thin liquidity and weak market interest
- The ecosystem is tied to Moonbeam, so its health depends on that one network
- The project does not publish audit, team or fee details in the sources available here
- Some documentation pages, such as the smart contracts section, are marked as last updated years ago
- Liquidity-pool and farming positions carry impermanent loss and smart-contract risk
- Cross-chain bridging adds further third-party risk
Stellaswap fees
Swap fees, liquidity-provider fee splits and bridge costs are not stated in the sources available. Users would see the exact fee and price impact in the swap interface before confirming a trade.
On Moonbeam, users also pay network gas fees in GLMR. Fee tiers can differ by pool type, so check the pool details before adding liquidity.
Is Stellaswap safe?
StellaSwap is a non-custodial DEX, so users keep control of their assets in their own wallet. Risk lies mainly in the smart contracts, pool exposure and token price. Audit reports, bug bounty details and the team are not published in the sources available here, so readers should look for them on the official docs before depositing.
The STELLA token's decline of nearly 100% from its peak and its tiny market cap point to a weak market, which can mean thin liquidity and wide slippage. Bridges and farming rewards add their own risks. No hack or incident is mentioned in the sources.
6 steps
How to get started with Stellaswap
- 1
Check that you can legally use DeFi services where you live and confirm you are using the official StellaSwap site.
- 2
Set up an EVM-compatible wallet and add the Moonbeam network.
- 3
Fund the wallet with GLMR for gas plus the tokens you want to trade.
- 4
Connect the wallet to the app and start with a small swap to check price impact and fees.
- 5
If providing liquidity, pick a pool type and read the risks of impermanent loss first.
- 6
Review any farming or staking terms and keep track of reward rates, which can change.
Who Stellaswap is for
StellaSwap is for DeFi users already active on Moonbeam or Polkadot-linked EVM networks who want a local DEX with farming and staking. It is less suited to beginners or anyone who needs deep liquidity, published audits or a clearly active team.
Stellaswap FAQs
What is StellaSwap?
StellaSwap is an EVM-based decentralized exchange built on Moonbeam in the Polkadot ecosystem. It uses automated market-making pools instead of order books, and adds farming and staking products.
What is the STELLA token?
STELLA is the native token of the platform and is described by the project as its main medium of exchange across its products. One July 2026 market snapshot showed a market cap around $76K and a price down about 99.99% from its all-time high of $4.55.
Which network does StellaSwap use?
Third-party descriptions say it runs on Moonbeam. The listed pool types are standard (V2), stable and concentrated liquidity, which is a hybrid AMM design.
Can I earn yield on StellaSwap?
The project's own pages describe a vote-escrow STELLA model, a V4 version, single-asset deposits and liquid staking. Specific reward rates are not stated in the sources, so check the app for current figures.
Is StellaSwap safe?
Any DEX carries smart-contract, market and impermanent-loss risk. The very low STELLA market cap and a documentation section last updated years ago suggest caution. Audit details are not published in the sources here, so only use funds you can afford to lose.
Does StellaSwap have a bridge?
Third-party guides say StellaSwap offers a bridge connecting Cosmos and Polkadot assets. Bridges add extra risk, so check the current state of the feature before relying on it.
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How we checked
Sources
No public sources were recorded for this review.
Last updated . Spotted an error? Tell us and we will correct it.