mySwap V1 Review: Should You Use It in 2026?

mySwap V1 was a concentrated-liquidity automated market maker (AMM) on Starknet. AMMs let users swap tokens against liquidity pools rather than relying on a traditional order book. With concentrated liquidity, providers can allocate funds to selected price ranges, which can make liquidity more targeted but also requires more active management than simply holding tokens in a pool. The project has no token listed. Its interface is reportedly closed and it is no longer accepting new liquidity, so these mechanics are useful mainly for understanding the protocol or an existing position—not as a reason to connect a wallet or send funds now.

The exact swap fees and liquidity-provider charges are not published in the project details here. When a functioning AMM is used, the costs can include a fee charged by the pool and the network fee for submitting a transaction; the amount can depend on the pool and network conditions. Liquidity providers also face market risk: token prices can move outside their chosen ranges, and the value of their position can differ from simply holding the tokens. Those general AMM costs and risks do not establish what mySwap V1 charged. Since the interface is reportedly closed, do not assume you can currently review a fee quote before confirming a transaction.

The project is listed with no audits, and details about its custody arrangements, licence, team and security track record are not established here. An AMM normally relies on smart contracts to manage swaps and pool funds, but that general design does not confirm the safety or current state of mySwap V1’s contracts. The reported closure and inactive status are additional reasons not to send funds or approve a contract interaction without independently confirming what it does. If you already have a position, use your wallet history to identify the relevant contract and seek current official guidance. Never share your seed phrase or sign a transaction simply because a site claims it will recover funds.

mySwap V1 was built for Starknet, but its interface is reportedly closed and it is not accepting new liquidity. That makes it unsuitable for routine swaps or fresh liquidity provision. Current wallet compatibility, transaction speed, mobile support and whether existing users can still access their positions are not confirmed. If you used the protocol before, check your Starknet wallet and official project communications rather than relying on old bookmarks or search advertisements. Verify any contract address and transaction details independently before signing. A familiar interface or a page using the mySwap name is not proof that it is an official or safe continuation of the service.

For new users, the main drawback is decisive: mySwap V1 is inactive, reportedly closed to users through its interface, and not accepting new liquidity. Fees, audit status and withdrawal access are also unclear, leaving too much uncertainty for a new wallet connection or deposit. Existing liquidity providers should not assume they can withdraw through the former interface; first check official communications and their wallet records, and be cautious of recovery offers or replacement sites. If you want to use a Starknet DEX, look for an operating service that clearly publishes its current contract addresses, fees and security information, then verify those details before approving a transaction.