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Osmosis: score, security record and what it is for

78/100SCORE · BTrusted Grade B, very good

Osmosis is the liquidity hub of the Cosmos ecosystem, connected by IBC to dozens of chains, with unusually active onchain governance. It has no major exploit on record. Liquidity is modest compared with Ethereum venues.

The facts

LIVE SINCE: 2021
TYPE: AMM, Cosmos hub
CHAINS: Cosmos and IBC connected chains
SWAP FEE: Set per pool, typically 0.20 to 0.30 percent.
AUDITS: Audited.
WHO CAN CHANGE IT: OSMO staked governance, among the most active in DeFi.

How the score breaks down

security23/30

liquidity15/25

chains13/15

costs13/15

decentralisation14/15

Where it is strong and where it is not

✓ Strengths

The central liquidity hub for the entire Cosmos ecosystem
Genuinely decentralised and very active governance
Superfluid staking lets liquidity also secure the chain
No major exploit on record

✗ Weaknesses

Cosmos only
Liquidity is thin against Ethereum venues
IBC concepts take learning

Exploit history

No exploit of the core contracts on record.

Our read

The most genuinely decentralised venue in this directory, with real onchain governance that regularly changes things. Cosmos liquidity is the constraint.

BEFORE YOU SWAP

Swap keeps failingSlippage, approvals, taxes and thin liquidity. Revoke approvalsEvery swap leaves a permission behind. Clear them. Gas tokensWhy you need the chain's native coin first. Pick a walletYou need self custody before you can use any DEX.

RISK WARNING Crypto assets are highly volatile and largely unregulated. You can lose everything you put in. Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.