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DeFive Review: What You Can Do on This Sonic DEX

DeFive is a Sonic DEX for token swaps, liquidity provision and FIVE rewards. The available details are too limited to assess its costs, contracts or safety in depth.

By the SkyBitcoins review team · Updated

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At a glance

DeFive key facts

DeFive key facts
TypeDecentralized exchange
ChainSonic
TokenFIVE
AuditsNone listed
Value locked$137K−3.9% 7d
Updated

DeFive FAQs

What is DeFive?

DeFive is a decentralized exchange on the Sonic network. Its site describes token swaps, liquidity pools that can earn trading fees, and ways to farm or lock FIVE.

How can you earn rewards on DeFive?

DeFive describes earning trading fees by supplying liquidity, and farming FIVE or locking it for veFIVE rewards. Reward rates, lock terms and withdrawal conditions are not published in the details here.

Is DeFive safe to use?

DeFive lists no audits. Check the specific pool and token contracts, wallet permissions, and any transaction costs before connecting a wallet or depositing assets.

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How we checked

Sources

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

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