Menu

Swappi Crypto Exchange Review: Low Fees, Limited Liquidity on Conflux Network

Swappi Crypto Exchange Review: Low Fees, Limited Liquidity on Conflux Network Dec, 4 2025

Gas Fee Calculator

How Swappi Saves You Money

Compare the cost of trading $1,000 worth of tokens on Ethereum versus Conflux Network using Swappi. Ethereum gas fees can exceed $5 per trade, while Swappi charges less than $0.01.

Important: This calculator shows approximate gas fees. Actual costs may vary based on network congestion.
Example: $1,000
Ethereum (Uniswap)
Conflux (Swappi)
Savings
Percentage
Remember: Swappi's low fees apply only when trading tokens on the Conflux Network (CFX, USDT, WBTC, etc.). Fees increase significantly if you need to move tokens between networks.

For large trades, Swappi may experience slippage due to low liquidity. Always test with small amounts first.

Swappi isn’t another Uniswap clone. It doesn’t have millions of users or billions in trading volume. But if you’re already using the Conflux Network, it might be the only decentralized exchange worth your time. Swappi is the first and still the leading DEX built specifically for Conflux eSpace - an EVM-compatible layer that lets Ethereum tools run on Conflux’s faster, cheaper blockchain. That’s its whole reason for existing.

What Swappi Actually Does

Swappi isn’t trying to beat Uniswap or PancakeSwap. It’s trying to serve a tiny slice of the crypto world: people who already hold CFX, WBTC, or USDT on Conflux and want to trade them without paying Ethereum-level gas fees. The platform offers three things: Swap, Stake & Earn, and Win.

Swap works like any AMM. You pick two tokens - say, CFX and USDT - and trade them directly from your wallet. No sign-up. No KYC. Just connect your wallet (MetaMask, Trust Wallet, or anything that supports Conflux) and go.

Stake & Earn lets you add liquidity to pools. When you do, you get LP tokens. Those can be staked to earn PPI, Swappi’s native token. It’s not unique - many DEXs do this - but on Conflux, the fees are dirt cheap. A swap might cost you 0.001 CFX (less than a penny). On Ethereum, that same trade could cost $5.

Win is the odd one out. It’s a lottery. You buy tickets with PPI tokens, and every hour, someone wins up to $5,000. It’s gamified. It’s risky. But for some users, it’s the only reason they’re even looking at Swappi.

The Numbers Don’t Lie

Let’s talk reality. As of October 2023:

  • PPI’s market cap: $650,949.92
  • PPI’s 24-hour trading volume: $6,150.19
  • PPI’s rank on CoinMarketCap: #5477
  • Total PPI supply: 488 million
  • Circulating supply: Just 4.6 million (less than 1%)

That’s tiny. For comparison, Uniswap trades over $1.2 billion in a single day. Swappi’s entire market cap is less than what some meme coins make in an hour.

Why does this matter? Liquidity. If you want to trade $1,000 worth of CFX for USDT, you might get slippage. If you want to cash out your PPI, you might not find a buyer. The token is listed on KuCoin and Phemex, but those are centralized exchanges - you have to move your tokens off Conflux to sell them. That defeats the purpose of using a DEX.

Security: Audited, But Small

Swappi did the right thing: it got audited by Certik. That’s a big deal for a project this small. Most DeFi projects skip audits and get hacked. Swappi’s smart contracts are open source, verified on Conflux Scan, and protected by multisig and timelocks. That’s solid. But audits don’t fix low liquidity. They don’t fix a lack of users. They just mean your funds won’t be stolen - assuming the code is flawless, which no audit can guarantee 100%.

The wallet integrations are standard. You connect your wallet. You approve the transaction. You trade. No surprises. But if you’re new to DeFi, the process can feel intimidating. You need CFX to pay for gas. You need to understand LP tokens. You need to know what a timelock is. Most beginners won’t bother.

Three figures in a rustic tavern trading tokens and buying a lottery ticket

Who Is Swappi For?

Swappi isn’t for everyone. It’s not even for most crypto users.

It’s for you if:

  • You already hold CFX or other Conflux-based tokens
  • You want to avoid Ethereum’s high fees
  • You’re comfortable with low liquidity and small markets
  • You like the idea of a lottery on top of your trading

Avoid Swappi if:

  • You want to trade popular tokens like ETH, SOL, or AVAX
  • You need high liquidity for large trades
  • You’re looking for a long-term investment in PPI
  • You expect customer support or a mobile app

There’s no mobile app. No 24/7 support. No Reddit community. No Twitter hype. Swappi is a tool, not a movement.

How to Get Started

If you’re still interested, here’s how to use Swappi:

  1. Buy CFX or another supported token on a centralized exchange like KuCoin or Phemex.
  2. Transfer it to a wallet that supports Conflux Network - MetaMask (with Conflux eSpace added) or Trust Wallet.
  3. Go to swappi.io and connect your wallet.
  4. Choose your token pair and swap.
  5. To earn more PPI, add liquidity to a pool and stake your LP tokens.

It’s simple. But you have to already be on Conflux to make it worth it.

Empty coffee shop with 'Swappi DEX' sign, lone user on desktop as distant DEX giants loom

The Bigger Picture: Conflux Network

Swappi’s fate is tied to Conflux. And Conflux? It’s a quiet player. It’s not Ethereum. It’s not Solana. It’s not even BSC. As of late 2023, the entire Conflux DeFi ecosystem has a total value locked (TVL) of just $18.7 million. That’s 0.1% of the total DeFi market.

Conflux claims to be ultra-fast and low-cost. That’s true. But speed and low fees don’t matter if no one’s using them. Swappi is a great example of a project built on a promising tech that hasn’t taken off. It’s like opening a coffee shop in a town with 200 people - the coffee is great, but there’s no crowd.

Final Verdict

Swappi isn’t a bad platform. It’s technically sound. It’s secure. It’s cheap. But it’s tiny. And in crypto, size matters. Liquidity matters. Users matter.

If you’re deep into the Conflux ecosystem and want to swap tokens without paying $10 in gas fees, Swappi is your best bet. It’s the only DEX on the network that matters.

If you’re looking for a major DeFi platform to trade, earn, or invest in - keep looking. Swappi isn’t it.

Think of Swappi as a specialized tool, not a destination. It works - but only if you’re already in the right place.

Is Swappi safe to use?

Yes, Swappi has been audited by Certik, its smart contracts are open source and verified on Conflux Scan, and it uses multisig and timelocks for security. But safety isn’t just about code - it’s about liquidity. If you’re trading large amounts, you could face slippage or difficulty exiting your position. Always start small.

Can I buy PPI on Coinbase or Binance?

No, PPI is not listed on Coinbase or Binance. It’s available on KuCoin and Phemex, but you need to transfer it to a Conflux-compatible wallet to use it on Swappi. That means you’ll pay withdrawal fees and wait for confirmations if you’re moving it between exchanges and the DEX.

What tokens can I trade on Swappi?

Swappi supports CFX (Conflux’s native token), WBTC, USDT, MULTI, BNB, and its own PPI token. That’s it. No ETH, no SOL, no ADA. You’re locked into the Conflux ecosystem. If you want to trade other coins, you’ll need to use a different DEX.

Does Swappi have a mobile app?

No, Swappi has no mobile app. You must use a desktop browser with a compatible wallet like MetaMask. There’s no official iOS or Android app, and third-party apps claiming to support Swappi are unverified and potentially risky.

Is the PPI token a good investment?

PPI has a total supply of 488 million, but only 4.6 million are in circulation. That means 99% of tokens are still locked up. If those are ever released, the price could crash. The lottery feature adds hype, but no fundamentals. Unless Conflux grows massively, PPI is speculative at best. Don’t invest more than you’re willing to lose.

How does Swappi compare to Uniswap?

Swappi is like a smaller, slower version of Uniswap - but only on Conflux. Uniswap has thousands of tokens, billions in volume, and deep liquidity. Swappi has a handful of tokens, under $10k daily volume, and thin pools. If you’re on Ethereum, use Uniswap. If you’re on Conflux, Swappi is your only real option.

17 Comments

  • Image placeholder

    Manish Yadav

    December 4, 2025 AT 08:49

    This is why crypto is a scam. People build stuff for nobody and call it innovation. Swappi? More like Swappi-sorry-you-just-lost-your-time.
    And that lottery? Classic pump-and-dump bait. Wake up.
    Conflux is dead. Move on.

  • Image placeholder

    Vincent Cameron

    December 5, 2025 AT 01:37

    There’s something poetic about a DEX built for a network nobody uses.
    It’s like a lighthouse in a harbor with no ships - still shining, still functional, but for whom?
    We romanticize decentralization, but we don’t live it. We crave the idea, not the reality.
    Swappi doesn’t fail because it’s broken - it fails because we’re not ready for the quiet, the small, the unglamorous.
    Maybe the future isn’t in hype. Maybe it’s in this - a tool for the few who bother to look deeper.

  • Image placeholder

    Noriko Robinson

    December 6, 2025 AT 06:59

    I actually appreciate Swappi for what it is - a no-frills tool for people already in the Conflux ecosystem.
    It’s not trying to be Uniswap, and that’s its strength.
    I’ve used it to swap CFX for USDT a few times - gas was under a cent, and it worked flawlessly.
    Yes, the liquidity is thin, but if you’re not trading $10k at once, it’s fine.
    And the lottery? Honestly, it’s fun. I’ve won $12 so far. Not life-changing, but it feels like a bonus.
    It’s not for everyone, but it’s not meant to be.
    Let people build their own ecosystems without demanding they be giants.

  • Image placeholder

    ronald dayrit

    December 7, 2025 AT 23:10

    Swappi isn’t just a DEX - it’s a philosophical statement in code.
    It rejects the cult of scale, the worship of TVL, the obsession with market cap rankings.
    It says: you don’t need millions to create value. You just need the right people, in the right place, with the right tools.
    Conflux isn’t popular because it doesn’t scream. It doesn’t have influencers, memes, or celebrity endorsements.
    It just works - quietly, efficiently, cheaply.
    And Swappi is its purest expression.
    Most people want a party. Swappi is a library.
    And libraries don’t trend. They endure.
    Maybe in five years, when everyone’s burned out on Ethereum fees and Solana outages, they’ll look back and wonder why they ignored the quiet ones.
    Swappi isn’t the future. It’s the quiet prelude to it.

  • Image placeholder

    Yzak victor

    December 8, 2025 AT 10:25

    I’ve been using Swappi for months now and honestly, I’m surprised more people aren’t talking about it.
    I started because I had CFX from airdrops and didn’t want to pay $5 to swap it.
    Swappi made it easy - no drama, no delays.
    Yeah, the PPI token is sketchy, and the liquidity is tiny, but I’m not trying to get rich.
    I just want to move my tokens without getting robbed by gas fees.
    And the fact that it’s audited? Huge plus.
    Most DeFi projects are just code with a Discord channel and a whitepaper written by a teenager.
    Swappi’s got nothing flashy, but it’s real.

  • Image placeholder

    Josh Rivera

    December 8, 2025 AT 17:30

    Oh wow, another ‘hidden gem’ that’s buried under 5000 other ‘hidden gems’.
    Let me guess - the dev team is 2 guys in a basement who think ‘audited by Certik’ means they’re Warren Buffett.
    Market cap under a million? Volume under $10k? And you’re calling this a ‘leading DEX’?
    It’s not a DEX. It’s a graveyard for CFX.
    And that ‘Win’ lottery? That’s not gamification - that’s a Ponzi with a UI.
    Congrats, you built a crypto version of a gas station convenience store in the middle of nowhere.
    And now you want a medal for not being a total scam?
    Pathetic.

  • Image placeholder

    Neal Schechter

    December 10, 2025 AT 17:14

    If you’re on Conflux, Swappi is basically your only option - and honestly, that’s not bad.
    It’s clean, simple, and doesn’t try to be something it’s not.
    Most people don’t realize how rare it is to find a DeFi project that doesn’t have a 50-page roadmap full of buzzwords.
    Swappi just lets you swap, stake, and play a dumb lottery.
    That’s it.
    And for people who care about low fees and don’t want to jump through hoops? That’s gold.
    Don’t compare it to Uniswap - compare it to what’s actually on Conflux.
    And there’s nothing else.
    So yes, it’s small. But it’s functional.
    And in crypto, functional is rare.

  • Image placeholder

    Adam Bosworth

    December 12, 2025 AT 07:22

    Swappi is a trap.
    They’re locking up 99% of PPI and pretending it’s ‘vesting’.
    That’s not a token - that’s a time bomb.
    And the lottery? That’s not a feature - it’s a distraction so you don’t notice the rug pull coming.
    They’re milking the few Conflux users who don’t know better.
    And the audit? Certik audits *everything* - even dead projects.
    It doesn’t mean safe. It means they paid $20k to look at the code.
    Big deal.
    Wait until the unlocked tokens hit the market.
    Watch the price crash.
    Then come back here and say I didn’t warn you.

  • Image placeholder

    Renelle Wilson

    December 14, 2025 AT 05:35

    While it’s true that Swappi operates within a niche ecosystem, its existence should not be dismissed as irrelevant.
    Decentralized finance, at its core, is about permissionless access and sovereignty - not volume.
    Swappi enables users to transact on a blockchain that prioritizes scalability and low cost, which aligns with the original ethos of crypto.
    The lack of mainstream adoption does not equate to failure; it reflects a different trajectory - one that values utility over hype.
    Moreover, the inclusion of security measures such as multisig, timelocks, and audits demonstrates a commitment to responsible development, even in the face of limited resources.
    It is worth considering that many of the most impactful technologies began as marginal tools for small communities before achieving broader recognition.
    Swappi may not be the future of DeFi, but it may very well be a necessary stepping stone toward a more diverse, decentralized financial infrastructure.

  • Image placeholder

    Elizabeth Miranda

    December 15, 2025 AT 19:04

    I’ve used Swappi a few times to swap CFX and USDT. No issues.
    Gas fees were less than $0.01.
    Wallet integration worked perfectly.
    Yes, liquidity is low - but if you’re trading under $500, it’s fine.
    The lottery is silly, but harmless.
    It’s not for everyone, but it’s not trying to be.
    And honestly? That’s refreshing.

  • Image placeholder

    Chloe Hayslett

    December 17, 2025 AT 04:57

    Of course a US-based crypto blog is praising a Chinese blockchain project.
    Conflux? That’s a government-backed chain.
    Swappi? Probably just a front for surveillance.
    You think low fees are good? Wait until your transactions are tracked, taxed, and frozen.
    Don’t be fooled by the ‘decentralized’ label.
    This isn’t crypto - it’s blockchain with a Chinese flag.
    Stay away. Seriously.

  • Image placeholder

    Jerry Perisho

    December 18, 2025 AT 22:46

    Swappi works if you’re on Conflux
    Gas is cheap
    Audited
    No app needed
    Lottery is dumb but fun
    That’s it
    Don’t overthink it

  • Image placeholder

    Holly Cute

    December 20, 2025 AT 09:14

    Everyone’s acting like Swappi is some revolutionary breakthrough - it’s not.
    It’s a tiny DEX on a chain with less TVL than a single Solana meme coin.
    And that PPI token? 99% locked? That’s not ‘vesting’ - that’s a rug pull waiting to happen.
    And the lottery? That’s not gamification - that’s behavioral manipulation.
    They’re using dopamine hits to mask the fact that the underlying asset has zero intrinsic value.
    And don’t get me started on the ‘audit’ - Certik has approved hundreds of projects that got hacked the week after.
    This isn’t innovation. It’s a carefully packaged trap for the gullible.
    People are falling for this because they’re desperate to believe in something.
    But this isn’t the future.
    This is the last gasp of a dying experiment.

  • Image placeholder

    Richard T

    December 20, 2025 AT 21:05

    Interesting breakdown.
    One thing I’d add: Swappi’s biggest strength is that it doesn’t try to be everything.
    It doesn’t have 500 tokens.
    It doesn’t have staking with 1000% APY.
    It doesn’t have a team of 20 devs posting memes every day.
    It just lets you swap CFX and USDT for a fraction of a cent.
    And for people who actually use Conflux? That’s enough.
    Maybe the next wave of DeFi won’t be about scale.
    Maybe it’ll be about utility - quietly, efficiently, without the noise.
    Swappi might be the prototype for that.

  • Image placeholder

    Frank Cronin

    December 21, 2025 AT 11:54

    Oh wow. Another ‘deep dive’ that treats a $6k daily volume DEX like it’s the next Bitcoin.
    ‘It’s secure!’ - yeah, because no one’s worth hacking.
    ‘It’s cheap!’ - yeah, because there’s no volume to make gas expensive.
    ‘It’s the only DEX on Conflux!’ - great, so it’s a monopoly on a dead platform.
    And you call this a ‘review’? This is a fanfic written by someone who still believes in the ‘if you build it, they will come’ fairy tale.
    Conflux has $18M TVL. That’s less than the market cap of a single Shiba Inu clone.
    Swappi isn’t a DEX.
    It’s a memorial.
    And you’re just the guy holding the flowers.

  • Image placeholder

    Nina Meretoile

    December 22, 2025 AT 04:15

    Swappi is the quiet hero of DeFi.
    While everyone chases the next 100x meme coin, Swappi is just… there.
    It doesn’t need hype. It doesn’t need influencers. It doesn’t need a Discord with 50k members.
    It just lets people who are already on Conflux move their money without getting robbed by Ethereum fees.
    And yes, the PPI token is wild - 99% locked? That’s risky.
    But the lottery? Honestly, it’s kinda cool.
    It’s like a digital scratch card that pays out real money.
    And the fact that it’s audited? That’s huge for a project this small.
    Most DeFi projects are just code with a Discord server and a Twitter thread.
    Swappi? It’s a tool.
    And tools don’t need to be loud to be useful.
    Maybe the real revolution isn’t in the big chains.
    Maybe it’s in the quiet corners where people just want to trade without paying $5 in gas.

  • Image placeholder

    Chris Jenny

    December 22, 2025 AT 07:02

    CONFLUX IS A GOVERNMENT BACKDOOR. SWAPPI IS A SURVEILLANCE TOOL.
    THEY USE LOW FEES TO TRAP YOU. THEN THEY TRACK EVERY TRANSACTION.
    THEY OWN YOUR WALLET. THEY OWN YOUR DATA.
    THEY’RE NOT BUILDING DEFI - THEY’RE BUILDING A DIGITAL PRISON.
    THE AUDIT? A LIE. CERTIK IS COMPROMISED.
    THE LOTTERY? A DISTRACTION SO YOU FORGET YOU’RE BEING WATCHED.
    THEY WANT YOU TO THINK IT’S SAFE.
    IT’S NOT.
    THEY’RE USING YOU TO COLLECT DATA FOR THE CHINESE STATE.
    STOP USING SWAPPI.
    YOUR PRIVACY IS ALREADY GONE.

Write a comment