SaucerSwap V1

SaucerSwap V1 receives a B- risk grade (30/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — a well-understood AMM design on Hedera's dominant DEX, but significant TVL decline and ecosystem dependency create long-term sustainability concerns. SaucerSwap V1 is the foundational version of Hedera's leading DEX, using a Uniswap V2-style AMM adapted for Hedera's native token service. With ~$14M in TVL (down from $120M peak), it charges a 0.3% swap fee split between LPs and the protocol. The B risk grade reflects its straightforward, battle-tested AMM design and good documentation, balanced against Hedera ecosystem contraction and declining TVL.

The key risks identified for SaucerSwap V1 are: (1) SaucerSwap's trading activity depends on Hedera's ecosystem growth — if Hedera fails to attract more users, trading volume and your LP returns will continue declining (2) V1 uses the older Uniswap V2 design which is less capital-efficient — as the protocol shifts focus to V2, V1 pools may become too thin for good trade execution (3) The SAUCE governance token powers LP incentives, but if SAUCE price drops, the dollar value of your farming rewards decreases

SaucerSwap V1 scores 30/100 across eight risk dimensions: Mechanism Novelty: 0/15, Interaction Severity: 2/20, Oracle Surface: 0/10, Documentation Gaps: 2/10, Track Record: 12/15, Scale Exposure: 3/10, Regulatory Risk: 4/10, Vitality Risk: 7/10. The highest risk area is Track Record at 12/15.

Among 111 rated DEX protocols on Hindenrank, SaucerSwap V1 ranks #46 by safety (lowest risk score = safest). Its 30/100 risk score and B- grade place it in the middle tier of DEX protocols.

SaucerSwap V1 scores 12/15 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.