KyberSwap

Multichain DEX aggregator founded in 2017, routing swaps across hundreds of liquidity sources

DEX No KYC Founded 2017 Singapore
Visit kyberswap.com
Our score
Good
Chains Ethereum
Type Aggregator
Audited Yes
Governance token KNC

What is KyberSwap?

KyberSwap is a non-custodial decentralized exchange aggregator from Kyber Network. Trades split across hundreds of decentralized exchanges and liquidity sources. Smart Settlement compares candidate pools at execution. The product also includes limit orders, cross-chain swaps, liquidity pools and KyberDAO governance.

Company and token

KyberSwap was founded in 2017 by Loi Luu, who is identified as Kyber Network's founder and co-founder. Kyber Network's ecosystem includes KNC, an ERC-20 utility and governance token. Holders can stake in KyberDAO to vote on proposals and receive rewards generated from KyberSwap trading activity, while KyberDAO retains authority to change token supply and other behaviour.

How KyberSwap works

Trading takes place from a connected Web3 wallet, so the platform does not hold user assets. Supported chains include Ethereum, Avalanche, Polygon, Fantom, Binance Smart Chain, Cronos, Oasis, Aurora, BitTorrent, Arbitrum and Linea. The aggregator searches liquidity across those networks and can split an order across multiple venues to reduce slippage on high-volume routes. The application also lists limit orders, cross-chain trading, KyberEarn pools and vaults.

Introduced in May 2026, Smart Settlement compares candidate pools onchain at execution. Cross-chain swap routes combine bridge and swap steps. Liquidity providers can also use KyberZap to add liquidity with any token.

Fees and availability

KyberSwap displays estimated output, price impact and the minimum received before a swap. Network gas costs affect the final result. Cross-chain transactions introduce bridge and destination-chain execution risks.

Track record and risks

KyberSwap launched on Ethereum mainnet in 2018 and deployed on Linea in July 2023. Published security work names Omniscia, Spearbit and Hexens, while a ChainSecurity audit covers Kyber Network's Dynamic Market Maker. On November 22, 2023, an exploit affected certain KyberSwap Elastic Liquidity Pools, causing unauthorized asset extraction and leaving some assets inaccessible. On February 7, 2024, KyberSwap reported that its Treasury Grant Program had distributed grants covering 100% of affected funds to users who applied.

Users still face smart-contract, oracle and pricing risks. MEV and thin liquidity can affect long-tail pairs. Returns on pools and vaults depend on token incentives and underlying market conditions.

Founders

Loi LuuFounder and co-founder of Kyber Network
Best for:Multichain onchain swappersDEX liquidity aggregatorsLimit-order tradersKNC governance participants

Pros and cons

Pros

  • Routes trades across hundreds of DEXs and liquidity sources
  • Supports 11 named networks, including Ethereum, Arbitrum and Polygon
  • Offers limit orders and cross-chain swaps
  • Publishes security work from Omniscia, Spearbit and Hexens
  • Non-custodial wallet-based trading keeps asset custody with the user

Cons

  • A November 2023 exploit affected certain KyberSwap Elastic Liquidity Pools
  • Cross-chain routes add bridge and destination-chain execution risk
  • Liquidity-pool returns depend on market conditions and token incentives
  • KNC governance rewards depend on KyberSwap trading activity
  • Long-tail pairs can still face slippage and thin liquidity

Our review

3.5/5
Good

KyberSwap's multichain aggregation and routing are its main strengths, while the 2023 Elastic exploit remains a significant security trade-off.

Liquidity & pricing4.0
Fees3.0
Security2.5
Ease of use4.0
Chain coverage4.5

KyberSwap is a non-custodial DEX aggregator that splits trades across hundreds of DEXs and liquidity sources. Smart Settlement, introduced in May 2026, compares candidate pools at execution, while the planned swap-bridge-swap route keeps Kyber’s aggregator at both ends of a cross-chain transaction.

Chain coverage is extensive. The product supports Ethereum, Avalanche, Polygon, Fantom, Binance Smart Chain, Cronos, Oasis, Aurora, BitTorrent, Arbitrum and Linea. Cross-chain swaps are also listed as a product, including withdrawals from Blast and Abstract into any supported chain. Coverage can still vary by route and asset, and long-tail pairs carry thin-liquidity, price-impact and slippage risks.

KyberSwap supports limit orders, cross-chain swaps, liquidity pools and vaults. Its earn section currently advertises rates such as 11.91% APR for USDT/USDC and 5.45% APY for a USD Yield Vault, dated October 17, 2026. Those products add smart-contract and strategy risk beyond a straightforward token swap. The site shows a 0.5% maximum slippage setting.

Security is an important factor. An exploit on November 22, 2023 affected KyberSwap Elastic Liquidity Pools. It allowed unauthorized asset extraction and left some assets inaccessible. KyberSwap later reported that its Treasury Grant Program covered 100% of affected funds for users who applied on February 7, 2024.

KNC gives the ecosystem a governance and staking layer through KyberDAO, with rewards tied to KyberSwap trading fees.

Listings are researched and drafted with AI assistance from public sources, then checked for accuracy and readability. Spot an error? Tell us. Editorial policy.
Sources (3)

Specs

KYC required ⓘ No · unverified
Type Aggregator
Chains Ethereum
Limit orders Yes · unverified
Cross-chain swaps Yes · unverified
Audited Yes · unverified
Governance token KNC · unverified
Routes across other DEXs Yes · unverified
Points or rewards program Yes · unverified

Not disclosed by the provider: Swap fee, Open source, Perpetual futures, Max leverage (x), MEV protection, Mobile app.

Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.

Key features

Aggregated swap routing

The engine routes trades across hundreds of DEXs and liquidity sources, and can split an order between pools.

Smart Settlement

Introduced in May 2026, Smart Settlement compares candidate pools onchain at execution.

Limit orders

The KyberSwap application includes limit orders alongside regular token swaps.

Cross-chain swaps

Cross-chain trading combines bridge and swap steps across supported networks, including Ethereum, Arbitrum and Polygon.

KyberEarn pools

KyberEarn lists liquidity pools, farming pools and vaults for users providing liquidity or deploying tokens.

KNC governance

KNC holders can stake in KyberDAO, vote on proposals and receive rewards linked to KyberSwap trading activity.

KyberZap liquidity

KyberZap lets liquidity providers add liquidity using any token instead of first acquiring a pool asset.

Inside KyberSwap

Swap

Swap routes token trades across hundreds of DEXs and liquidity sources. The interface displays estimated output, maximum slippage and price impact.

Earn

Earn includes liquidity pools, farming pools and vaults. Recent offerings include USDT/USDC, USDe/USDC and a USD Yield Vault.

Trade

Trade contains KyberSwap's trading tools, including token swaps and limit orders.

Market

Market is a section of the KyberSwap application.

Campaigns

Campaigns is a section of the KyberSwap application.

KyberDAO

KyberDAO lets KNC holders stake KNC and vote on governance proposals. Voting rewards are generated from KyberSwap trading fees.

Analytics

Analytics is a section of the KyberSwap application.

About

About contains information about KyberSwap, Kyber Network and the products in the ecosystem.

KyberSwap screenshots

KyberSwap’s token swap interface with pool summaries, an ETH/USDT price chart, and wallet connection controls
KyberSwap’s token swap interface with pool summaries, an ETH/USDT price chart, and wallet connection controls · Oct 20, 2026
Swap: KyberSwap's swap interface shows an ETH/USDT chart, token swap fields, pool cards, and a wallet connect button
Swap: KyberSwap's swap interface shows an ETH/USDT chart, token swap fields, pool cards, and a wallet connect button · Oct 20, 2026
Earn: KyberSwap trading interface with token swap controls, pool cards, and an ETH/USDT price chart
Earn: KyberSwap trading interface with token swap controls, pool cards, and an ETH/USDT price chart · Oct 20, 2026

What users say about KyberSwap

Users generally praise KyberSwap for consolidating liquidity research, presenting clear pool metrics, and simplifying swaps and liquidity management.

Top goods

  1. Clear APR and pool metrics 21 people 123
  2. Pool comparison in one dashboard 20 people 123
  3. Easy liquidity entry and management 8 people 123
  4. Simple interface and navigation 8 people 123
  5. Strong swap rates and execution 4 people 123

Top bads

  1. Risk and impermanent-loss data limited 4 people 123
  2. Pool filtering needs improvement 4 people 123
  3. More earning options requested 3 people 123

In their own words

“I recently explored Kyber Earn and I’m genuinely impressed with how much it simplifies liquidity provision across multiple protocols. The all-in-one Liquidity Hub is a game-changer.”
Reddit · r/kybernetwork · Jul 21, 2026 · View post
“I've been using KyberSwap actively for a couple of months now – through bull runs, bears, and the rough periods. As someone who swaps across 8+ chains weekly, provides liquidity, and occasionally uses limit orders/cross-chain, here's my experience.”
Reddit · r/kybernetwork · Jul 22, 2026 · View post
“I explored Kyber Earn on KyberSwap yesterday. The five distinct APR metrics really stood out—they gave a much clearer picture than basic tools on other platforms. They helped me pick a solid low-volatility stable pool based on strong volume, fees, and minimal impermanent loss risk.”
Reddit · r/kybernetwork · Jul 8, 2026 · View post
“Compared to other LP tools I've used, Kyber Earn's strength is its multi-protocol aggregation, but it falls short on risk assessment features. Tools like Revert Finance show IL projections clearly, while Kyber Earn focuses mainly on current yields.”
Reddit · r/kybernetwork · Jul 7, 2026 · View post
“Been trying Kyber Earn for a bit and honestly my biggest problem is choosing a pool. There are so many options with nice APYs but after checking deeper, some of them have very low TVL or rewards that can change too fast. I dont really trust the highest number anymore.”
Reddit · r/kybernetwork · Jul 8, 2026 · View post
“Today I gave Kyber Earn another look because I wanted to see if it had improved, but I'm still pretty hesitant. I've lost funds using Kyber in the past and after multiple security incidents, trust is honestly the biggest issue for me..... not APY or fancy analytics.”
Reddit · r/kybernetwork · Jul 8, 2026 · View post

Based on 200 Reddit posts and comments from the last 12 months, checked Oct 18, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.

User reviews

No user reviews yet. Have you used KyberSwap? Share your experience below.

Write a review of KyberSwap

Your rating
At least 40 characters. Please write about your own experience.

Reviews are moderated before they appear.

FAQ

Who founded KyberSwap?

KyberSwap was founded by Loi Luu in 2017. Kyber Network launched the exchange on Ethereum mainnet in 2018.

Is KyberSwap safe?

KyberSwap is non-custodial and has audits associated with ChainSecurity, Omniscia, Spearbit and Hexens. An exploit on November 22, 2023 affected certain KyberSwap Elastic Liquidity Pools, and the Treasury Grant Program later reported covering 100% of affected funds for users who applied.

Which chains does KyberSwap support?

KyberSwap supports Ethereum, Avalanche, Polygon, Fantom, Binance Smart Chain, Cronos, Oasis, Aurora, BitTorrent, Arbitrum and Linea. Cross-chain swaps are also available between supported networks, with Blast and Abstract named in a recent product announcement.

Does KyberSwap have a token?

KyberSwap's ecosystem token is KNC. KNC holders can stake through KyberDAO, vote on proposals and receive rewards generated from KyberSwap trading fees.

Does KyberSwap support cross-chain swaps?

Yes, Cross-Chain is a KyberSwap product for moving between supported networks and swapping into another token. The service also lists a planned swap-bridge-swap route using Kyber's aggregator at both ends.

What trading products does KyberSwap offer?

KyberSwap offers aggregated token swaps and limit orders, alongside cross-chain trading. Its routing engine combines liquidity from hundreds of DEXs and liquidity sources.

Latest from KyberSwap on X

Kyber Network
@KyberNetwork · 288.5K followers
Follow
The market never sleeps. Now you can. 😴

Stop Loss function is now available on KyberSwap. Set your trigger price once - your swap executes automatically when it’s hit, while your tokens stay in your own wallet.

🗝️ Fully self-custodial
⚡ Triggered by Chainlink price feeds independently
📊 Pair it with Limit Order and handle both sides of your trade on one chart.

👉 https://t.co/FATJQ0uFc2
10 3 17 1.9K View on X
⠀⠀⠀⠀⠀⠀⠀⢀⣠⣤⣶⣶⣿⣿⣿⣿⣷⣶⣤⣄⡀⠀⠀⠀⠀⠀⠀⠀
⠀⠀⠀⠀⠀⣠⣶⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣷⣄⠀⠀⠀⠀⠀
⠀⠀⠀⣠⣾⣿⣿⣿⣿⣿⡿⠛⢉⣿⠇⠈⠙⢿⣿⣿⣿⣿⣿⣷⣄⠀⠀⠀
⠀⠀⣼⣿⣿⣿⣿⣿⠟⠉⠀⠀⢸⡿⠀⠀⠀⠀⠈⠻⢿⣿⣿⣿⣿⣧⡀⠀
⠀⣼⣿⣿⣿⣿⠏⠀⠀⠀⠀⠀⣿⡇⠀⠀⠀⠀⠀⣀⣤⣿⣿⣿⣿⣿⣧⠀
⢰⣿⣿⣿⣿⣿⠀⠀⠀⠀⠀⢰⣿⠀⠀⠀⣠⣴⡾⠟⠋⠉⣿⣿⣿⣿⣿⡇
⣾⣿⣿⣿⣿⣿⠀⠀⠀⠀⠀⣼⣏⣤⣶⠿⠛⠉⠀⠀⠀⠀⣿⣿⣿⣿⣿⣷
⣿⣿⣿⣿⣿⣿⠀⠀⠀⠀⠀⣿⣿⣋⠁⠀⠀⠀⠀⠀⠀⠀⣿⣿⣿⣿⣿⣿
⣿⣿⣿⣿⣿⣿⠀⠀⠀⠀⠀⢿⣏⠛⠿⣶⣄⡀⠀⠀⠀⠀⣿⣿⣿⣿⣿⣿
⢸⣿⣿⣿⣿⣿⠀⠀⠀⠀⠀⠸⣿⠀⠀⠈⠙⠻⢷⣦⣀⢀⣿⣿⣿⣿⣿⡇
⠀⢻⣿⣿⣿⣿⣄⠀⠀⠀⠀⠀⣿⡇⠀⠀⠀⠀⠀⠉⠻⣿⣿⣿⣿⣿⡿⠀
⠀⠈⢻⣿⣿⣿⣿⣷⣦⡀⠀⠀⢸⣷⠀⠀⠀⠀⢀⣤⣾⣿⣿⣿⣿⡟⠁⠀
⠀⠀⠀⠙⣿⣿⣿⣿⣿⣿⣷⣄⣈⣿⡆⠀⣠⣶⣿⣿⣿⣿⣿⣿⠏⠀⠀⠀
⠀⠀⠀⠀⠈⠙⢿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡿⠛⠁⠀⠀⠀⠀
⠀⠀⠀⠀⠀⠀⠀⠈⠙⠻⠿⢿⣿⣿⣿⣿⡿⠿⠟⠋⠁⠀⠀⠀⠀⠀⠀⠀
2 1 37 6.6K View on X
Volatility everywhere, but smart LPs aren’t panicking.

Here are 5 low volatility pools worth exploring on KyberEarn:
• USDC/USDT https://t.co/i2rqKaqB3f
• USDC/USDT0 https://t.co/VflHCHpJ16
• USDC/DAI https://t.co/EeAe8w3mmX
• USDC/USDC https://t.co/l74V4ktbeH
• wstETH/WETH https://t.co/T88cc8sX4T

👉 Explore more opportunities: https://t.co/OGsS7VSFXL
Image attached to the post
2 1 17 3.3K View on X
We're aware of today's @binance hot wallet exploit and are monitoring the situation closely.
We stand ready to support Binance and reputable investigators. Any wallet identified as the attacker's will be blocked from using Kyberswap.

Stay vigilant and only interact with verified links and contracts.
24 11 283 55.7K View on X
KyberSwap just hit a new milestone on HyperEVM.

$2,000,000,000 in trading volume. https://t.co/fhtX87T4Q4
Image attached to the post
9 4 39 4.3K View on X

Recent public posts from @KyberNetwork, shown as published. Not reviewed or endorsed by CryptoReview.

Alternatives to KyberSwap

Decentralized AMM launched in 2018, with support across 16+ EVM mainnets

No KYCAMMEthereum · Base +3Limit orders
4.1

Cosmos appchain DEX and cross-chain AMM connecting over 100 ecosystems with IBC

No KYCAMM · Order bookOtherLimit orders
4.0

Multichain AMM founded in 2020, with about $1.56B locked on October 17, 2026

No KYCAMMBNB Chain · Ethereum +3Cross-chain swaps
4.0

Cross-chain liquidity and stablecoin activation stack settling transfers across 30+ blockchains

Ethereum · Bitcoin +10Cross-chain swapsAudited
4.0

Perpetual and spot DEX with 50.1M reported users and a native 50ms Layer 1

No KYCPerpetualsBNB Chain · Ethereum +3Limit orders
3.9

DEX aggregator routing swaps across 18+ networks, including Ethereum and Solana

AggregatorEthereum · BNB ChainCross-chain swaps
3.7