PlunderSwap V3 Review: Should You Use It in 2026?

PlunderSwap V3 is a decentralized exchange for Zilliqa EVM. Its site lists Trade, Pool and Bridge functions, as well as a StealthEX cross-chain option. But the project says there is no longer any liquidity on Zilliqa and that it is shutting down, so those menu items should not be taken as evidence that swaps or pools are currently usable. The site is scheduled to go offline on 26 November 2026. PlunderSwap says anyone who still has a liquidity position should withdraw it before then. It also says developers can continue the DEX using its open-source frontend. That is a developer route, not a sign that users can expect functioning liquidity or support. If you are considering the site as a place to trade, the practical answer is no: use a currently operating exchange instead.

PlunderSwap does not publish trading fees, pool fees, bridge charges or a current fee schedule. On a functioning DEX, a swap can involve a pool fee and network gas, while bridging can add separate charges; those costs are distinct from the price impact caused by limited liquidity. Here, the project says there is no Zilliqa liquidity, so a displayed trade route or quote should not be assumed to be executable or good value. Don’t send funds just to discover the final cost. If you are checking a liquidity position, review any transaction in your wallet before signing and verify the exact assets and amounts involved. The project’s shutdown warning makes this a question of safely resolving an existing position, not comparing ongoing trading costs. There is no native PlunderSwap token listed as an additional fee or reward asset.

There are substantial reasons for caution. PlunderSwap warns that a bug in the Zilliqa node let ZRC2-backed SEED, zUSDT, ZOGE and kUSD be spent without leaving the sender, and that the bug was used to drain pools holding those tokens. It also reports that X-Bridge was hacked for around $800,000 and says zUSDC, zUSDT, zWBTC and XCAD bridged through that bridge are no longer backed. The site advises against providing liquidity with the affected ZRC2 tokens and warns users to take care trading them; it says not to bridge through X-Bridge. No audits are listed for PlunderSwap. These warnings concern the underlying chain and bridge assets, not proof that every PlunderSwap contract was exploited, but they make those assets unsafe assumptions for users. Treat any remaining position as time-sensitive and verify its tokens before acting.

The site has a Connect Wallet option and lists Trade, Pool and Bridge pages, but it does not publish supported wallet names, mobile app details, transaction speeds, or a current working route for swaps. With no liquidity on Zilliqa, connecting a wallet is unlikely to help you trade and creates unnecessary exposure if you only want to explore. If you already have a position, use a wallet and chain interface you understand, confirm you are interacting with the intended Zilliqa contracts, and inspect the token addresses and transaction details before signing. Do not treat a token symbol as proof that an asset is backed: PlunderSwap specifically flags several bridged and ZRC2 tokens. The site says its frontend will go offline on 26 November 2026, so do not leave position management until the final days.

PlunderSwap is a poor fit for new users: its stated lack of liquidity removes the basic reason to use a DEX, while the shutdown deadline and token warnings add risk. Fees, wallet support and an audit record are not published, so there is little basis for judging the experience or cost of a new transaction. Existing liquidity providers have a narrower task: determine whether they still hold a position, identify the assets in it, and consider withdrawing before the stated shutdown date. The site says its validator will continue running, but that does not mean the exchange or its pools will remain available. Developers may inspect the open-source frontend if they intend to maintain a DEX themselves; ordinary users should not treat that as a supported replacement service. Avoid X-Bridge and the assets PlunderSwap identifies as exploited or unbacked.