Launch Story
xMOON launched in July 2020 to support Reddit’s MOON token, enabling swaps to ETH on xDai. It promised DAO elements and community-driven mechanics. However, activity collapsed quickly, leaving it flagged as an untracked exchange with no volume or reserves.
What They Promised
The concept was a DAO-governed DEX with minimal fees for the MOON token and xDai swaps. It sounded promising, but the trading never took off and the platform lost traction.
What I Saw
The UI loads with Spot and Orders tabs, swap forms appear, but no trades occur. Pairs show no prices, no depth, and no activity. Open Orders remain empty, making it look like a mockup rather than a live exchange.
Actual State
- Interface loads normally
- Spot and Orders panels clickable but empty
- Market data missing, showing zeros
- MOON token info present but inactive
Why It Is Empty
Without users or liquidity, xMOON lost relevance. The MOON token was too niche, interest faded, and the exchange became just a shell without purpose.
Who Might Use It
Perhaps developers curious about old DAO mechanics or fans of the MOON token revisiting history. Traders will find nothing — no market, no liquidity, no utility.
Status in 2025
xMOON remains online, with contracts technically existing and UI functional. However, no new pools, governance updates, or real trades occur. It’s a platform frozen in time.
What to Do With It
- Connecting a wallet is possible but risky
- Swaps may fail or hang due to empty pools
- Funds could be stuck permanently
- No support or operational team
Final Thoughts
xMOON started as a DAO-powered exchange for a niche community token. In 2025, it’s only a dead experiment: the code runs, the interface loads, but the market is gone. A ghost platform with no activity and no future.