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Swappi Review 2026: A Small AMM DEX on Conflux

Swappi is an automated market maker DEX on the Conflux Network, offering token swaps and liquidity provision. It is a small venue with about $1.7 million in TVL, mainly relevant to Conflux users.

Conflux

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

6.0/10

Mixed

Visit Swappi

Our verdict on Swappi

6.0/10

Swappi is a straightforward AMM DEX for people who trade or provide liquidity on Conflux. Its main strengths are its native focus on that network, a history since 2022 and two listed audits. The main caveat is size: about $1.7 million in TVL means limited depth, and fee details are not published publicly. Treat it as a niche venue, read the audits, and start small.

Score breakdown

How Swappi scores

Security: 6.0/10
Ease of use: 7.0/10
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 Swappi?

Swappi is an automated market maker based decentralized exchange deployed on the Conflux Network. DefiLlama has tracked it since April 2022 and categorizes it as a DEX.

As of public data, Swappi holds about $1.74 million in TVL, down 2.4% over seven days. It is associated with a PPI token, lists two audits on DefiLlama, and has a Twitter account under the handle SwappiDEX.

Its homepage is minimal, describing the app as a place to swap or provide liquidity. Beyond that, the project does not give details about fees, token economics or additional products, so this review sticks to what is established.

How Swappi works

Swappi is an automated market maker. Instead of matching buyers and sellers in an order book, it uses liquidity pools holding pairs of tokens. A formula sets the price based on the ratio of the two tokens in the pool.

When a user swaps, they add one token to the pool and take out the other, and the price moves slightly with the trade size. Liquidity providers deposit both tokens into a pool and typically earn a share of trading fees. The exact fee split and any extra rewards are not stated publicly.

The app lets users swap or provide liquidity, per its homepage description. Everything settles on the Conflux Network, so users interact through a compatible wallet and pay gas in CFX.

5 features

Key features

AMM token swaps

Users can exchange tokens directly from their wallet using on-chain liquidity pools rather than an order book.

Liquidity provision

Users can deposit token pairs into pools to supply liquidity for traders, as the homepage meta text describes.

Conflux-native DEX

Swappi is deployed on Conflux Network, giving Conflux users a native venue for trading.

PPI token

DefiLlama lists a PPI token associated with the protocol.

Listed audits

DefiLlama shows two audits listed for the protocol.

Pros and cons

What we like

Native AMM DEX on Conflux, giving users there a direct place to swap and provide liquidity
Has operated since 2022 according to the DefiLlama listing
Two audits are listed on DefiLlama
Simple, non-custodial model where users trade from their own wallet
Has its own token, PPI, which may be used for incentives

Watch out for

TVL of about $1.7 million is small, so larger trades may face noticeable price impact
Limited to the Conflux network, which restricts access to liquidity from other chains
Fee levels are not published, so costs cannot be checked in advance
Only two audits are listed and the project does not name the auditors or give their scope
Impermanent loss and smart-contract risk apply to anyone providing liquidity
7-day TVL change of -2.4% shows no sign of strong growth

Swappi fees

Swappi's trading fee, liquidity provider share and any protocol fee are not published publicly available to us. In AMM DEXs these are normally shown in the swap interface and the pool details inside the app, so check there before trading or depositing.

Users also pay network gas on Conflux for each transaction. Slippage and price impact can matter on a pool of this size, so review the quoted output before confirming.

Is Swappi safe?

DefiLlama lists two audits for Swappi, but the project does not identify the auditors or what was covered. Check the audit reports through the project's official channels before depositing funds.

As a non-custodial DEX, users keep control of their assets in their wallet, but smart-contract bugs, price manipulation on thin pools and impermanent loss remain real risks. Public sources mention no incidents, but none are ruled out either. Regulatory status is not described publicly.

6 steps

How to get started with Swappi

1
Set up a wallet that supports Conflux and fund it with CFX for gas.
2
Open the official Swappi app and connect the wallet.
3
Check that the network is set to Conflux and the token addresses are correct.
4
For a swap, pick the input and output tokens, then review the price impact, fee and minimum received.
5
To provide liquidity, choose a pool, deposit both tokens and read the risks of impermanent loss first.
6
Start with a small amount to confirm everything works as expected.

Open Swappi

Who Swappi is for

Swappi suits Conflux users who want to swap tokens or earn trading fees by providing liquidity on a native DEX. It is less suited to traders needing deep liquidity for large orders or anyone seeking multi-chain access.

Swappi FAQs

What is Swappi?

Swappi is an automated market maker based decentralized exchange deployed on the Conflux Network. Users can swap tokens or provide liquidity to pools through the app.

Which blockchain does Swappi run on?

According to DefiLlama, Swappi runs on Conflux.

Does Swappi have a token?

Public sources name PPI as the token linked to Swappi. Its exact utility, supply and emissions are not described, so check the project's own documentation.

Is Swappi safe?

DefiLlama lists two audits for Swappi, but the auditors and findings are not given publicly. An audit lowers risk but does not remove it, and liquidity providers still carry smart-contract and impermanent loss risk.

How do I use Swappi?

Connect a Conflux-compatible wallet to the Swappi app, choose the tokens to swap or a pool to join, and confirm the transaction. You will need CFX for network gas fees. Check the exact fee and slippage shown in the app before confirming.

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