QuickSwap DEXMicro-cap
Moderate risk — proven AMM fork with 4+ year track record, balanced by multi-chain fragmentation and very low governance token market cap.
Top Risks
1
Multi-chain expansion across Polygon, Base, Somnia, and other EVM chains introduces cross-chain composability risk and increases attack surface across different security models.
2
QUICK token has a very low market cap (~$8.5M FDV) relative to $442M TVL, creating a governance attack vector where acquiring governance control is extremely cheap relative to the value secured.
3
As a DEX primarily on Polygon, QuickSwap is exposed to Polygon's bridge security and L2 sequencer risk — a Polygon bridge exploit could affect wrapped assets traded on QuickSwap.
Risk Breakdown
Frequently Asked Questions
Is QuickSwap DEX safe to use?
QuickSwap DEX receives a B+ risk grade (17/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — proven AMM fork with 4+ year track record, balanced by multi-chain fragmentation and very low governance token market cap. QuickSwap is Polygon's flagship decentralized exchange with $442M in TVL, operating since 2020 across multiple EVM chains. Its B+ grade reflects a proven concentrated liquidity AMM design with 4+ years of clean operation, moderate risk from multi-chain expansion, and a very low QUICK token market cap relative to secured TVL.
What are the main risks of using QuickSwap DEX?
The key risks identified for QuickSwap DEX are: (1) QuickSwap operates across multiple blockchains (Polygon, Base, others), which spreads liquidity and introduces dependency on each chain's bridge security. (2) The QUICK governance token has a very small market cap (~$8.5M) compared to the $442M TVL it governs, which theoretically makes governance capture inexpensive. (3) As a concentrated liquidity DEX, liquidity providers need to actively manage their price ranges. Passive LPs may earn significantly less than expected.
What is QuickSwap DEX's risk score breakdown?
QuickSwap DEX scores 17/100 across eight risk dimensions: Mechanism Novelty: 0/15, Interaction Severity: 3/20, Oracle Surface: 0/10, Documentation Gaps: 2/10, Track Record: 3/15, Scale Exposure: 5/10, Regulatory Risk: 2/10, Vitality Risk: 2/10. The highest risk area is Scale Exposure at 5/10.
How does QuickSwap DEX compare to other DEX protocols?
Among 111 rated DEX protocols on Hindenrank, QuickSwap DEX ranks #2 by safety (lowest risk score = safest). Its 17/100 risk score and B+ grade place it among the safer DEX protocols.
Has QuickSwap DEX ever been hacked or exploited?
QuickSwap DEX scores 3/15 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.
Last scanned 2026-02-22