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SithSwap Review: Is This Starknet DEX Worth Using?

SithSwap is a Starknet decentralized exchange for swapping correlated and uncorrelated assets. Its fee model is dynamic, but exact costs and details of its listed audits are not published here.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Quick take

SithSwap may suit you if you already use Starknet and want to swap supported correlated or uncorrelated assets through a permissionless DEX. Its main appeal is a stableswap design with dynamic fees, but the exact fee schedule and details of its two listed audits are not specified. Before trading, check the pool, quoted fee, token addresses and transaction details in your wallet.

Ratings

How SithSwap rates

Trust
4.5/10
Track record, licensing, audits and how your funds are held.
Value
4.5/10
Fees, odds, rewards and bonuses: what you get for your money.
Usability
5.0/10
How easy it is to sign up, deposit, play or trade, and withdraw.
Transparency
3.5/10
How clearly the team, terms, fees and risks are disclosed.

Ratings run from 0 to 10 and use only facts we could check. Where the information isn't public we show n/a instead of guessing.

At a glance

SithSwap key facts

SithSwap key facts
TypePermissionless decentralized exchange
ChainStarknet
TokenSITH
TradingCorrelated and uncorrelated asset swaps
FeesDynamic; exact schedule not published
AuditsTwo listed; details not specified
Value locked$168K−0.4% 7d
Updated

Is it for you?

Who SithSwap suits

Good for

  • Starknet users looking to swap supported assets
  • DeFi users comparing pools for correlated-asset swaps
  • Experienced users comfortable checking dynamic fees and contract risks

Not for

  • People who need a published, fixed fee schedule before trading
  • Users who want extensive public audit details or a clearly documented security record
  • Anyone without a Starknet-compatible wallet

What can you swap on SithSwap?

SithSwap is a decentralized exchange on Starknet, described as a permissionless stableswap protocol. It is intended for trading both correlated assets, such as assets designed to track similar values, and uncorrelated assets. That gives it a broader stated trading scope than a stable-asset-only swap venue, but the assets and pools you can use depend on what the app currently supports.

The project describes dynamic fees and low slippage as features of its design. Those are aims, not guarantees for every trade: the result depends on the pool, its liquidity, the size of your order and market conditions. Check that the exact token and pool are supported before you approve anything, and compare the quoted output with other options if the trade matters to you. SITH is the associated token, but its specific role is not established by the project details here.

How much will a SithSwap trade cost?

SithSwap uses dynamic fees, meaning the fee can vary rather than being a single fixed amount for every trade. The project does not publish an exact fee schedule in the information available about it, so you should rely on the current quote shown for your chosen pool rather than assume a particular rate. A quote may also change as pool conditions or the transaction change.

As with other Starknet transactions, you should account for network transaction costs as well as any pool or protocol fee. The total amount you receive can also be affected by slippage, especially if a pool has limited liquidity or your trade is large relative to it. Review the expected output, minimum received amount, fee and network details before signing. If the quote is unclear or differs materially from what you expected, do not approve the transaction until you understand why.

How much confidence should you place in SithSwap?

Two audits are listed for SithSwap, which is a useful signal that contracts have undergone some external review. However, the audit names, dates, scope and findings are not specified here, so you cannot use that count alone to judge how thoroughly the contracts were examined or whether issues were fixed. SithSwap’s audit details should be checked before you decide how much risk to take.

A decentralized exchange generally relies on smart contracts to handle swaps and liquidity, which means contract vulnerabilities can put funds at risk. A project audit cannot remove that risk, and permissionless access is not a guarantee of safety. The project’s team, licensing status, custody arrangements, incident history and formal security disclosures are not established here. Treat funds placed in DeFi as funds you could lose, and avoid approving token permissions or transactions you do not understand.

What do you need to use SithSwap?

SithSwap runs on Starknet, so you need a wallet that supports Starknet and the correct network to use the exchange. Check the network shown in your wallet and confirm you are interacting with the intended SithSwap app before connecting. A wallet connection does not itself mean the exchange can move your assets; token approvals and transaction signatures are separate actions that you should review carefully.

The app’s current wallet options, mobile support, transaction speed and onboarding steps are not established here. Starknet transactions also require network fees, so make sure your wallet can cover them before starting. When a swap is presented, verify the token names and addresses, the amount you are sending, the expected amount out and the slippage settings. If you are new to the chain, start by learning how your wallet handles Starknet transactions and approvals rather than signing unfamiliar prompts.

What should you check before using SithSwap?

SithSwap’s main limitation for a cautious user is the amount of detail available about costs and security. Dynamic fees mean you need to inspect each quote, while the two listed audits are not accompanied here by the information needed to assess their scope or results. The project details also do not establish its team, licensing, custody model, support arrangements, or the specific utility of SITH.

There is not enough information here to compare SithSwap’s current pool depth, supported assets, interface features or mobile experience in detail. Those factors can change, so check the app directly before choosing a pool or making a trade. If you want a fixed published fee, extensive public security documentation, or a clear record of who operates a service, consider a provider that publishes those details. For any DeFi swap, verify the token contract and transaction data yourself; do not treat a displayed token name or an audit count as proof that a trade is safe.

5 steps

How to start with SithSwap

  1. 1

    Confirm that SithSwap and Starknet are available to you, and use a Starknet-compatible wallet.

  2. 2

    Check the app and wallet network before connecting; do not follow unexpected wallet prompts.

  3. 3

    Verify the pool and token addresses for the assets you intend to swap.

  4. 4

    Review the quoted fee, expected output, slippage settings and network cost before signing.

  5. 5

    Start with an amount you can afford to lose, and keep a record of the transaction.

SithSwap FAQs

What is SithSwap?

SithSwap is a permissionless decentralized exchange on Starknet, described as a stableswap protocol. It is designed for swaps between correlated and uncorrelated assets.

What fees does SithSwap charge?

SithSwap’s fees are dynamic, so the cost can vary by trade or pool. It does not publish an exact fee schedule in the information available about the project; check the quote before confirming a swap.

What is the SITH token used for?

SITH is the token associated with SithSwap. The project details here do not establish what utilities, governance rights, or other functions the token has.

Which blockchain does SithSwap use?

SithSwap is built on Starknet, so you need a wallet that supports Starknet to interact with it. Check the wallet and network details in the app before connecting or approving a transaction.

Has SithSwap been audited?

Two audits are listed for SithSwap, but their names, dates, scope, and findings are not specified here. An audit does not guarantee that a smart contract is free of risk.

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How we checked

Sources

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

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