What is Tombswap?
Tombswap is a decentralized exchange tied to the Tomb Finance ecosystem, operating on Fantom. It runs an AMM that lets users swap pairs, provide liquidity, and farm rewards through its DAO-driven structure. But despite early Fantom hype, usage today is extremely limited.
Quick snapshot table
- Platform type: Decentralized AMM (Tomb Finance)
- Coins: ~6-9 tokens across ~8-11 pairs
- Daily volume: ~$252 on Fantom, ~$7.5K overall
- Traffic: ~671 monthly visits
- Fees: 0.5%, half feeds liquidity
- Trust score: Low, no audits or real user reviews
- Status: Mostly inactive, thin trading
What does it offer?
Tombswap is a straightforward AMM where trades happen against pooled liquidity, not direct order books. Fees are set at 0.5%, with half routed back into the pools and half to the Tomb DAO treasury. You can also stake LP tokens for extra farming yields, often managed via epochs that adjust based on TWAP prices. This rewards longer holding but requires manual watching.
Activity, liquidity and fees
Current on-chain stats show about $252 in daily Fantom trades, or roughly $7.5K if you stretch across linked networks. That’s tiny for a DEX. Web traffic also struggles, under 700 monthly visits, meaning few fresh LPs or swappers join. Fees are high compared to places like Uniswap at just 0.3% - plus deeper pools elsewhere mean less slippage on large orders.
Pros and cons summary
- Pros: Simple AMM model, farming payouts, zero signup (wallet-only).
- Cons: Barely active, high 0.5% fee, thin liquidity, no audits, no strong user base.
How farming works here
Users provide pairs like TOMB-TSHARE or TOMB-USDC into LP contracts, then earn swap fees plus emissions tied to time-weighted average prices. But no smart automation tools help optimize - it’s mostly manual, and given low activity, APYs may swing wildly if liquidity shifts even slightly.
Security and transparency risks
There are no known external audits or penetration tests. Tombswap claims standard contract practices, but without proofs or bug bounty dashboards, users bear the entire contract risk. Low traffic also means fewer eyes to catch exploits early.
Final verdict
Tombswap looks more like an experimental DEX than a core trading platform. Tiny volume, no audits, thin pools and high fees mean it suits only small DeFi experiments. If you’re a Fantom power user curious about epochs and manual farming, it’s a fun sandbox. Everyone else should likely stick to bigger audited DEXs until activity picks up.