ApeSwap AMM

ApeSwap AMM receives a B risk grade (26/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — battle-tested AMM design with no exploits, but high emission rates and competitive pressure from larger DEXs challenge long-term sustainability. ApeSwap is a multi-chain decentralized exchange (DEX) operating on BSC, Polygon, and Arbitrum, forked from the proven Uniswap v2 codebase. Users can swap tokens, provide liquidity for fees and BANANA farming rewards, and participate in governance. Currently rebranding to ApeBond, it has ~$16M TVL but faces challenges from high token emissions and strong competition from PancakeSwap and other DEXs.

The key risks identified for ApeSwap AMM are: (1) The BANANA token has high daily emissions that may outpace the weekly burn mechanism, putting downward pressure on the token price over time (2) The protocol is rebranding to ApeBond (ABOND) — transitions like this can cause user confusion and temporary liquidity disruptions (3) As a Uniswap v2 fork on BSC, it competes directly with PancakeSwap which has significantly more liquidity and users

ApeSwap AMM scores 26/100 across eight risk dimensions: Mechanism Novelty: 0/15, Interaction Severity: 4/20, Oracle Surface: 0/10, Documentation Gaps: 4/10, Track Record: 10/15, Scale Exposure: 3/10, Regulatory Risk: 2/10, Vitality Risk: 3/10. The highest risk area is Track Record at 10/15.

Among 111 rated DEX protocols on Hindenrank, ApeSwap AMM ranks #20 by safety (lowest risk score = safest). Its 26/100 risk score and B grade place it among the safer DEX protocols.

ApeSwap AMM scores 10/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.