FstSwap

FstSwap receives a B- risk grade (33/100) from Hindenrank, where lower scores indicate lower risk. 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.

The key risks identified for FstSwap are: (1) No known security audits have been published — smart contracts could contain undetected vulnerabilities (2) Anyone can list tokens on the DEX including scam tokens — always verify token contracts before trading (3) Very limited documentation makes it difficult to understand the protocol's security guarantees

FstSwap scores 33/100 across eight risk dimensions: Mechanism Novelty: 0/15, Interaction Severity: 4/20, Oracle Surface: 0/10, Documentation Gaps: 10/10, Track Record: 6/15, Scale Exposure: 3/10, Regulatory Risk: 2/10, Vitality Risk: 8/10. The highest risk area is Documentation Gaps at 10/10.

Among 111 rated DEX protocols on Hindenrank, FstSwap ranks #56 by safety (lowest risk score = safest). Its 33/100 risk score and B- grade place it in the middle tier of DEX protocols.

FstSwap scores 6/15 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.