DEXes · Review

Zappy Review 2026: Telos DEX and ZAP Features

Zappy is an automated-market-maker DEX on Telos with ZAP governance, farms, a built-in bridge and limit orders. Its reported TVL is low, and key details such as fees and audits are not published.

Telos

By the DappsAtlas editorial team · Updated Nov 6, 2026

DappsAtlas score

4.3/10

Weak

Our verdict on Zappy

4.3/10

Zappy may suit Telos users who want swaps alongside farms, a bridge and limit orders, with ZAP identified as its governance token. The main appeal is the range of features in one DEX. The main caveat is the limited evidence about how those features work: fees, supported assets, bridge routes and audit details are not published here. Reported TVL is $2,349, so check current pool depth and price impact before trading, and treat unaudited contracts as a material risk.

Score breakdown

How Zappy scores

Security: 2.5/10
Ease of use: n/a
Fees: n/a
Features: 5.5/10

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 Zappy?

Zappy is an automated market-maker decentralized exchange built for Telos. Its stated features include token swaps, ZAP governance, farms, a built-in bridge and limit orders. The project description does not provide detailed operating terms for those features.

Reported TVL is $2,349, down 5.2% over seven days. That modest level of liquidity may limit trade size and increase price impact. The official website, fee schedule, supported assets and audit details are not confirmed here, so users should verify them in the current app before committing funds.

How Zappy works

Zappy describes itself as an automated market-maker DEX on Telos. AMMs typically route swaps through pools of token pairs supplied by liquidity providers. Pool depth affects how much a trade moves the price, so low liquidity can increase price impact. Zappy’s reported TVL is $2,349, a relatively small amount that warrants checking current pool depth before trading.

The project also lists ZAP governance, farms, a built-in bridge and limit orders. Public sources do not explain the bridge’s routes or custody model, farm rewards, or how limit orders are executed. Treat each feature as a separate smart-contract and execution risk, and inspect the app’s transaction details before approving anything.

5 features

Key features

AMM swaps

Zappy is described as an automated market-maker DEX for trading on Telos. AMMs generally use liquidity pools to facilitate swaps rather than matching buyers and sellers in an order book.

ZAP governance

The project identifies ZAP as its governance token. It does not detail voting rights or current governance proposals.

Farms

Zappy describes its farm offering as diverse, but does not publish current farm assets or reward terms here.

Built-in bridge

A built-in bridge is listed as a product feature. Supported networks, assets and bridge mechanics are not specified.

Limit orders

Limit orders are listed as a built-in feature. The project does not explain supported pairs, execution rules or order expiry.

Pros and cons

What we like

Combines swaps, farms, a bridge and limit orders in one Telos-focused product.
Names ZAP as a governance token, giving the project a stated governance component.
AMM pools offer a familiar alternative to order-book trading.

Watch out for

Reported TVL is only $2,349, which may mean limited liquidity and greater price impact on trades.
TVL fell 5.2% over the past seven days.
Trading fees and other charges are not published.
No audits are listed, and the homepage could not be confirmed.

Zappy fees

Trading fees, bridge charges, limit-order fees and farm withdrawal terms are not published in the project description. Review the transaction quote and any fee details shown in Zappy’s app before confirming an action.

Is Zappy safe?

No audits are listed for Zappy. AMM pools, bridges and limit-order systems can all carry smart-contract risk; low liquidity can also make trades costly or difficult to exit. The bridge’s custody and security model are not specified.

The project does not publish a team, regulatory status or detailed custody information in its description. Confirm the current app and contract addresses before connecting a wallet, and review every approval. Zappy is not a gambling service; this review does not assess gambling licensing or KYC.

5 steps

How to get started with Zappy

1
Find Zappy’s current official app through a verified project channel; its official website could not be confirmed here.
2
Use a wallet that supports Telos and verify that it is connected to the Telos network.
3
Check that the assets you intend to use are supported, then review the swap quote, price impact and transaction details.
4
For a limit order, check its execution and cancellation terms before placing it.
5
Before using a farm or bridge, verify the asset, destination and applicable costs; do not approve transactions you do not understand.

Who Zappy is for

Zappy is aimed at people already using Telos who want an AMM DEX and are interested in its listed farms, bridge or limit orders. It is less suitable for users who need clearly published fees, documented security reviews or evidence of deep liquidity before using a trading venue.

Zappy FAQs

What is Zappy?

Zappy is an automated market-maker decentralized exchange on Telos. Its stated features include token swaps, farms, a built-in bridge and limit orders.

What is the ZAP token used for?

ZAP is identified as Zappy’s governance token. The project description also mentions diverse farms, but does not specify current pool rewards or staking terms.

Which tokens and wallets does Zappy support?

Zappy is described as a Telos DEX, but supported tokens, wallets and current bridge routes are not specified. Confirm the current app and supported assets before connecting a wallet.

What fees does Zappy charge?

Trading fees and any bridge or limit-order charges are not published in the project description. Check the app’s transaction details before approving an action.

Is Zappy safe to use?

No audits are listed for Zappy. Smart-contract bugs, low liquidity and token-price movements can lead to losses, so only use funds you can afford to lose.

Compare

Zappy alternatives

All alternatives

Uniswap V3

DEXes

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

TVL $1.51B−3.7%Ethereum · Base · Arbitrum +38

SushiSwap

DEXes

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

TVL $35.2M−1.3%Ethereum · Polygon · Arbitrum +32

Uniswap V4

DEXes

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 $1.14B−2.9%Ethereum · Robinhood Chain · Base +19

Uniswap V2

DEXes

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

TVL $864M−4.1%Ethereum · Base · Polygon +14

Alcor Exchange

DEXes

Alcor Exchange is a non-custodial, no-KYC DEX with order books, pools and a bridge for traders on WAX, XPR Network, Telos and Vaulta.

TVL $583K−4.0%Proton · Wax · Telos +1

ApeSwap AMM

DEXes

ApeSwap AMM is the DEX arm of ApeBond, a multi-chain DeFi platform offering token bonds, swaps and USDT yield for DeFi users and token projects.

TVL $8.39M−2.9%BNB Chain · Polygon · Arbitrum +2

Same category

More DEXes

DEXes rankings

Curve

DEXes

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