DEX Operational Status Checker
Check if Your DEX Is Operational
This tool helps you determine if a decentralized exchange is still operational based on key metrics from the MySwap review. Enter your DEX's information to see if it meets operational standards.
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When you hear the name MySwap, you might think it’s another DeFi powerhouse like Uniswap or PancakeSwap. But if you dig deeper, you’ll find a very different story. As of late 2025, MySwap isn’t just underperforming-it’s barely functioning. This isn’t a review of a rising star. It’s a look at a platform that seems to have vanished from the map.
What MySwap Claims to Be
MySwap positions itself as a multi-functional DeFi ecosystem. On paper, it’s supposed to be a decentralized exchange (DEX), an NFT marketplace, and a DAO-governed platform-all rolled into one. It was built on OKExChain (OEC), a blockchain that once had hopes of competing with Ethereum but has since lost nearly all momentum. The platform promised one-stop trading for high-quality digital assets on OEC. It claimed to offer liquidity, low fees, and secure transactions. It even said it supported wallets like MetaMask, Coinbase Wallet, and WalletConnect. Sounds solid, right? Except none of that matters if no one is using it.The Reality: No Trading, No Liquidity, No Data
Here’s the hard truth: MySwap has no measurable trading volume. CoinGecko and CoinMarketCap both list it as “untracked.” That’s not a technical glitch-it’s a red flag. For a DEX to be tracked, it needs at least $100,000 in daily volume. MySwap hasn’t hit $1,000 in 24 hours since early 2024. Compare that to Uniswap, which handles over $1.5 billion daily. Or even PancakeSwap, which still moves $300 million. MySwap doesn’t even register on the same scale. Its token, mySwap-CL, shows zero active markets. No buy orders. No sell orders. Just silence. Even more concerning? The official website, www.myswap.xyz, has been returning 403 Forbidden errors since early 2024. You can’t access it. Not from your phone. Not from your laptop. Not even through a VPN. That’s not a maintenance issue. That’s abandonment.Who’s Using It? No One.
User engagement is non-existent. Slashdot’s comparative analysis shows zero user ratings for MySwap. Zero. Meanwhile, SpiritSwap, another OEC-based DEX, has 51 ratings. That’s not a small difference-it’s a chasm. Search for MySwap on Reddit, BitcoinTalk, or Trustpilot. You’ll find scattered bot posts and one-off mentions in threads about OKExChain’s decline. There are no real user reviews. No stories about successful trades. No complaints about bugs. Just… nothing. That’s not because users are happy. It’s because no one is using it.Development Has Stalled
The GitHub repository for MySwap (github.com/myswap-xyz) has only 12 commits total. The last one was in late 2023. No new features. No security patches. No updates to smart contracts. That’s not how you build trust in DeFi. Compare that to Uniswap, which releases new versions every few months. Or SushiSwap, which constantly improves its liquidity mining programs. MySwap looks like a project that ran out of funding, developers, or both. Even the API documentation-something every serious DEX offers-is gone. APY.vision, which once listed MySwap as a supported platform, removed it in early 2024. No announcement. No explanation. Just a deletion.
Why OKExChain Is the Problem
MySwap didn’t fail because of bad code. It failed because it was built on a sinking ship. OKExChain’s total value locked (TVL) has collapsed from $1.2 billion in early 2022 to just $85 million as of mid-2025. That’s a 93% drop. Developers left. Liquidity providers moved to Ethereum, Arbitrum, or Base. Projects built solely on OEC-like OEC Swap and OEC DEX-shut down in early 2024. MySwap was one of the last holdouts. Now, it’s gone. Industry analysts at Messari and Delphi Digital have been clear: projects tied to declining chains don’t survive unless they migrate. MySwap never did. It stayed loyal to a blockchain that no one else trusted.What About the NFT and DAO Features?
MySwap claimed to have an NFT marketplace and DAO governance. But where are the NFTs? Where are the proposals? Where are the votes? There are no active NFT collections listed on MySwap. No trading activity. No minting. No auctions. And the DAO? No governance proposals have been submitted in over a year. No token holders have voted on anything. The governance token exists, but it’s meaningless without participation. This isn’t a platform with underdeveloped features. It’s a platform with dead features.Is MySwap Safe to Use?
Technically, yes-if you can even get to it. As a non-custodial DEX, MySwap doesn’t hold your funds. You keep your keys. That’s good. But safety isn’t just about smart contracts. It’s about reliability. If the website is down, you can’t access your liquidity. If there’s no support, you can’t get help. If no one is trading, your tokens are stuck. You could deposit ETH or USDT, but you might never be able to withdraw them. And if the project is truly abandoned, there’s no guarantee the smart contracts will keep working. A chain upgrade. A bug. A withdrawal freeze. All of it becomes possible.
Who Should Avoid MySwap?
Anyone with even a basic understanding of DeFi should avoid MySwap. If you’re looking for:- A reliable place to swap tokens
- A DEX with active liquidity
- A platform with community support
- An NFT marketplace you can trust
What Should You Do Instead?
If you want to trade crypto without a centralized exchange, here are real options:- Uniswap (Ethereum) - The most trusted DEX, with billions in daily volume.
- PancakeSwap (BSC) - High liquidity, low fees, strong community.
- Curve (Ethereum) - Best for stablecoin swaps.
- Swapr (Base) - Fast, cheap, growing fast.
Final Verdict: Don’t Bother
MySwap isn’t a failed crypto project. It’s a ghost. It’s a website that doesn’t load. A token with no buyers. A platform with no users. A team that stopped responding. There’s no hidden gem here. No last-minute revival. No secret update coming. The data is clear: MySwap is dead. If you’re considering using it, don’t. Save yourself the time, the risk, and the frustration. There are dozens of better, safer, and fully operational DEX platforms out there. You don’t need to gamble on a ghost.Is MySwap still operational in 2025?
No, MySwap is not operational. Its official website has been inaccessible since early 2024, returning 403 Forbidden errors. There is no trading volume, no user activity, and no development updates. Major platforms like CoinMarketCap and CoinGecko list it as untracked due to zero measurable activity.
Can I still use MySwap to trade crypto?
No. Even if you could access the website-which you can’t-you wouldn’t be able to trade. There are no active markets, no liquidity pools with funds, and no orders being matched. Depositing funds would likely result in them being permanently stuck.
Why did MySwap fail?
MySwap failed because it was built entirely on OKExChain (OEC), a blockchain whose ecosystem collapsed. TVL dropped over 90% from 2022 to 2025. Developers, liquidity providers, and users abandoned OEC. MySwap never migrated to another chain, and without users or funding, development stopped completely.
Does MySwap have an NFT marketplace or DAO?
No. While MySwap claimed to include an NFT marketplace and DAO governance, there is no evidence these features ever launched. No NFT collections are listed. No governance proposals have been submitted or voted on in over a year. These features appear to have been marketing claims without implementation.
Is MySwap safe to use?
No. Even though it’s non-custodial, meaning you control your keys, the platform is effectively abandoned. The website is down, the smart contracts are unmonitored, and there’s no support. If something goes wrong-like a withdrawal failure-you have no recourse. It’s not a risk worth taking.
What are better alternatives to MySwap?
Use Uniswap for Ethereum-based swaps, PancakeSwap for low fees on BSC, Curve for stablecoins, or Swapr on Base. All have active liquidity, real user bases, regular updates, and public audits. Avoid any DEX built solely on declining chains like OKExChain.
Savan Prajapati
November 25 2025MySwap is dead. Done. Buried. Stop wasting time checking it. If the site gives 403 errors, that’s not a bug-it’s a coffin lid.