QuickSwap DEXMicro-cap

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.

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.

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.

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.

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.