Home › Crypto › DEXs › QuickSwap

QuickSwap: score, security record and what it is for

69/100SCORE · CTrusted Grade C, fair

QuickSwap has been Polygon's main decentralised exchange since 2020 with no core exploit. Polygon activity has declined as other layer 2s grew, so check price impact on anything sizeable.

The facts

LIVE SINCE: 2020
TYPE: AMM
CHAINS: Polygon, Polygon zkEVM
SWAP FEE: Around 0.30 percent on v2, tiered on v3.
AUDITS: Audited.
WHO CAN CHANGE IT: QUICK token governance.

How the score breaks down

security21/30

liquidity14/25

chains10/15

costs13/15

decentralisation11/15

Where it is strong and where it is not

✓ Strengths

The main venue on Polygon
Very cheap to use
Long running with no core exploit

✗ Weaknesses

Polygon only
Liquidity has thinned as activity moved to other layer 2s
Secondary to Uniswap on Polygon majors

Exploit history

No exploit of the core contracts on record.

Our read

Long running and clean, on a chain that has lost ground. Fine for Polygon, and check price impact.

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.