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ShapeSwap V2 Review: What to Check Before Using It

ShapeSwap V2 is a Shape-chain DEX for swapping tokens and providing liquidity. Its basic model is known, but fees, wallet support and security details are too limited to assess it fully.

By the SkyBitcoins review team · Updated

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At a glance

ShapeSwap V2 key facts

ShapeSwap V2 key facts
TypeDecentralised exchange
ChainShape
ModelConcentrated liquidity and V2-style AMM
TokenNone listed
Value locked$70.0K−2.6% 7d
Updated

ShapeSwap V2 FAQs

What is ShapeSwap V2?

ShapeSwap V2 is a decentralised exchange on Shape. It is described as a concentrated-liquidity DEX based on Uniswap V3, with a companion V2-style AMM.

What fees does ShapeSwap V2 charge?

ShapeSwap V2 does not publish fee details in the information available on its homepage. Check the trading fee shown in the app and account for Shape network gas costs before confirming a swap.

Is ShapeSwap V2 audited?

No audits are listed for ShapeSwap V2. That is not proof of a vulnerability, but it means you should treat smart-contract risk as unverified and avoid depositing more than you can afford to lose.

Compare

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Uniswap logo

Uniswap

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Score 7.4 out of 10

Uniswap offers wallet-based swaps and liquidity pools across 15+ networks, but pool fees, gas and self-custody risks still matter.

Ethereum · Base · Arbitrum +2
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.

TVL $865M−5.9%Ethereum · Base · Polygon +14
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.

TVL $1.51B−2.5%Ethereum · Base · Arbitrum +38
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

THORChain enables self-custody swaps across supported chains, but variable fees and protocol risks make quote-checking essential.

TVL $60.5M−3.3%THORChain · Bitcoin · Ethereum +10
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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SaucerSwap V2 logoScore 6.7 out of 10

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How we checked

Sources

  1. defillama.com/protocol/shapeswap-v2(opens in a new tab)

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