SyncSwap

SyncSwap receives a B- risk grade (32/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — a well-established multi-chain DEX with solid volume history, but liquidity fragmentation across 5+ L2s and pending airdrop dynamics create meaningful uncertainty. SyncSwap is a multi-chain DEX operating on zkSync Era, Linea, Scroll, Sophon, and Taiko — offering both standard and stableswap pools across multiple ZK-rollup L2 networks. With $14M in TVL and over $8 billion in cumulative trading volume, it is one of the largest DEXs in the zkSync ecosystem. The B risk grade reflects its clean security track record and well-understood AMM design, tempered by multi-chain liquidity fragmentation and airdrop-driven TVL uncertainty.

The key risks identified for SyncSwap are: (1) Your liquidity is spread across multiple L2 chains — each chain has its own bridge and sequencer that could fail independently, putting your assets at risk on that specific chain (2) Much of the current activity may be driven by the upcoming SYNC token airdrop — once the airdrop happens, traders and LPs farming for points may leave, reducing liquidity and yields (3) As an LP, you are exposed to impermanent loss on volatile token pairs, and thinner liquidity on smaller chains means worse price execution for swaps

SyncSwap scores 32/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 4/20, Oracle Surface: 0/10, Documentation Gaps: 4/10, Track Record: 9/15, Scale Exposure: 3/10, Regulatory Risk: 2/10, Vitality Risk: 7/10. The highest risk area is Vitality Risk at 7/10.

Among 111 rated DEX protocols on Hindenrank, SyncSwap ranks #53 by safety (lowest risk score = safest). Its 32/100 risk score and B- grade place it in the middle tier of DEX protocols.

SyncSwap scores 9/15 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.