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OpenXSwap Review: Is It Ready for Your Trades?

OpenXSwap presents swap, liquidity, vault and yield tools on Optimism, but there is too little published detail to assess its fees, safeguards or practical usability.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Not rated yet

At a glance

OpenXswap key facts

OpenXswap key facts
TypeDecentralized exchange
ChainOptimism
TokenOpenX
Listed toolsSwap, liquidity, vaults and yields
Value locked$18.1K−10.6% 7d
Updated

OpenXswap FAQs

What is OpenXSwap?

OpenXSwap presents itself as a decentralized exchange and lists swap, liquidity, vault and yield features. Its homepage also lists an NFT market and wrappers, but gives little detail about how those tools work.

Which blockchain does OpenXSwap support?

Optimism is the chain listed for OpenXSwap. The homepage shows an Optimism network selector, but does not explain whether other networks are supported.

What fees does OpenXSwap charge?

OpenXSwap does not publish its trading fees in the details here. Before trading, check the app for any protocol fee and remember that Optimism transactions also require network gas.

Compare

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All alternatives
Uniswap logo

Uniswap

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Score 7.4 out of 10

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Uniswap V2 logoScore 7.2 out of 10

Uniswap V2 enables wallet-based swaps and liquidity provision, but check the pool, network, gas and token risks before you trade.

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Uniswap V3 logoScore 7.1 out of 10

Uniswap V3 offers wallet-based token swaps and concentrated liquidity, but check pool fees, gas, execution risks and price-range exposure.

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Uniswap V4 logoScore 7.1 out of 10

Uniswap v4 offers multichain swaps and customizable pools, but check each pool’s fees, hook behavior and risks before trading.

TVL $1.18B+1.9%Ethereum · Robinhood Chain · Base +19
THORChain DEX logoScore 7.1 out of 10

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XRPL DEX logoScore 6.8 out of 10

XRPL DEX offers native order-book and AMM trading, but you need a separate wallet and interface and must check each asset and pool.

TVL $31.0M−7.5%XRP Ledger

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Aerodrome combines Base token swaps, liquidity pools and AERO voting, but pool fees and smart-contract risks deserve a close check.

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THORChain offers self-custody swaps across supported chains, but variable gas and liquidity fees and protocol risks deserve a careful check.

SaucerSwap V2 logoScore 6.7 out of 10

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Aave V3 offers non-custodial lending and collateralised borrowing, but rates vary and deposits remain exposed to DeFi and liquidation risks.

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Compound V3 logoScore 7.2 out of 10

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TVL $1.25B−3.3%Ethereum · Arbitrum · Base +7
Defi Saver Asset Management logoScore 7.1 out of 10

DeFi Saver offers non-custodial lending, leverage, swaps and automation, but users still bear protocol, contract and transaction-cost risks.

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Morpho Blue logoScore 7.0 out of 10

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Sablier Lockup logoScore 7.0 out of 10

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How we checked

Sources

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

Last updated . Spotted an error? Tell us and we will correct it.