BunnySwap Review: Is Its Base DEX Worth Using?

BunnySwap is described as friend.tech’s native decentralized exchange on Base. A search result identifies a FRIEND/WETH pair, while the friend.tech site includes sections labelled Keys, LP and Connect. That points to an exchange associated with friend.tech, but it does not confirm which markets are currently available or whether the exchange is actively processing trades.\n\nA DEX generally lets you swap tokens through on-chain contracts rather than placing an order with a centralized exchange. The exact swap and liquidity mechanics for BunnySwap are not clear from its current public-facing interface details. Do not assume a token or pair is live just because it appeared in an older listing. Check the token contract, available liquidity and expected output in your wallet or swap interface before you transact. BunnySwap lists no native token.

You cannot rely on a current published fee schedule. A May 2024 report said friend.tech would charge a 1.5% fee on BunnySwap trades. A separate July 2024 report said protocol fees had been turned off on BunnySwap contracts. Those are historical reports, not confirmation of today’s fee policy, and they leave the current cost unclear.\n\nBefore confirming a swap, inspect the transaction quote and wallet prompt for any exchange fee, price impact, network gas and token approval. Gas is paid on Base and is separate from any exchange charge. For liquidity provision, check the pool’s terms and your share of fees directly; the presence of an LP section does not tell you what returns or risks apply. If the interface does not clearly show the amount you will receive and the cost, do not approve the transaction.

There is not enough published detail to establish BunnySwap’s custody model, contract security or current operating record. No audit is listed, and there is no confirmed information here about a licence or security review. A DEX label alone does not prove that contracts are safe or that you can recover funds if something goes wrong.\n\nTreat approvals and liquidity deposits as on-chain risks: a malicious or flawed contract can put tokens at risk, and liquidity providers can lose value as token prices move. Before connecting, verify the official interface and contract addresses through trusted channels, review the permissions requested by your wallet, and avoid unlimited approvals where you can set a smaller allowance. Keep only the funds you intend to use in the connected wallet. Do not rely on social-media posts or token names alone to identify a legitimate contract.

The friend.tech site provides a Connect option, but its current wallet compatibility, supported tokens and exact steps are not clearly documented. Base is the listed chain, so you will need a wallet configured for Base and enough of its native gas token to pay transaction costs. Search results have referenced FRIEND/WETH, but that does not confirm that the pair remains available.\n\nIf you decide to proceed, connect a wallet you control, confirm the network and contract address, then review the swap output and all wallet prompts. Start with a small amount rather than moving a large balance or depositing into a pool immediately. A pending or failed on-chain transaction can still cost gas. If the interface does not identify the asset, pool or approval clearly, stop and verify before signing.

BunnySwap’s main weakness is the lack of clear, current information needed to make a confident decision: its fees are uncertain, markets may have changed, and no audit is listed. The project details also do not establish its custody arrangements, contract addresses, support process or current trading activity. That makes it difficult to compare its cost and protections with better-documented DEXs.\n\nThe site’s friend.tech context may be useful if you already use that ecosystem, but it is not a substitute for checking the exchange itself. Search-result trading data can go stale, and an old token pair does not guarantee useful liquidity now. If you need a published fee schedule, audited contracts or well-documented support, choose a venue that provides those details. Consider BunnySwap only if you can independently confirm the exact live contract and understand the risk of the transaction you are signing.