Is FstSwap Safe?
Risk Grade: B- (33/100)
FstSwap is rated as moderate risk — some novel mechanisms, generally well-understood.
Limited Data Available
This protocol has limited public documentation. Our analysis may not fully capture all risk dimensions.
Moderate risk — undifferentiated BSC DEX fork with no published audits, minimal documentation, and permissionless listings that expose users to scam risk.
FstSwap is a basic AMM DEX on BNB Chain allowing permissionless token swaps with a 0.30% fee. With $12M TVL and a FIST governance token of 200M supply, it is a standard Uniswap V2 fork with minimal differentiation. The protocol lacks published security audits and has very limited documentation.
TVL
$13M
Mechanisms
5
Interactions
4
Value Grade
D
Key Risks for FstSwap Users
No known security audits have been published — smart contracts could contain undetected vulnerabilities
Anyone can list tokens on the DEX including scam tokens — always verify token contracts before trading
Very limited documentation makes it difficult to understand the protocol's security guarantees
Top Risk Factors
- •Minimal documentation available — lacks comprehensive technical docs, audit reports, and formal specifications
- •Permissionless token listing means scam tokens and rug pulls can be listed and traded
- •No known security audits published, increasing smart contract risk
- •Low visibility and community engagement compared to established BSC DEXs
Risk Score Breakdown
FstSwap's highest risk area is Documentation Gaps (10/10). Here's how each dimension contributes to the overall 33/100 score:
Read the Full FstSwap Risk Report
This protocol has 2 collapse scenarios. 1 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
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