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ctez Review: Is This Tezos AMM Worth Using?

ctez is a Tezos AMM for swapping tez and ctez, a token backed by tez. Published details are too limited to judge its costs, safeguards or how to use it safely.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

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At a glance

ctez key facts

ctez key facts
TypeTezos automated market maker
ChainTezos
TokenCTEZ
TradingTez and ctez swaps
Value locked$58.1K+2.2% 7d
Updated

ctez FAQs

What is ctez?

ctez is described as a Tezos AMM that lets users exchange tez for ctez. A separate contract holds tez as backing for ctez minted against a target peg.

What does it cost to swap on ctez?

The swap fee is not published in the available project details. As with other AMMs, a swap can also be affected by price impact and Tezos network transaction fees; check the transaction preview before confirming.

Has the ctez contract been audited?

No audit is listed. That does not establish whether the contracts have other security reviews, so avoid depositing funds you cannot afford to lose.

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How we checked

Sources

  1. defillama.com/protocol/ctez(opens in a new tab)

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