Swapr
SWPR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SWPR (Swapr) is a decentralized AMM originally developed under DXdao, deployed across Ethereum, Arbitrum, and Gnosis. The project faces severe headwinds across core evaluation metrics. Active development has largely stalled, with repository releases absent since October 2024. Market adoption and liquidity have collapsed, with daily trading volumes hovering between $0.00 and $2.27 and market capitalization in the low hundreds of thousands, reflecting an essentially inactive market. On the security front, there are no recorded exploits or legal proceedings, and automated smart contract hygiene checks are clean (no mint or blacklist capabilities); however, no professional third-party audit reports were retrieved, and on-chain scans indicate severe holder concentration (99.87% among top non-exchange/locked holders). Note that data gaps exist for Community Support and Tokenomics (both scored -1.0 due to insufficient data), and their weights were redistributed proportionally across the remaining active sections. No qualifying red-flag cap was applied as no dated exploit, insolvency, or enforcement action was established. The overall weighted score is 3.3/10.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Swapr (SWPR)
Swapr (SWPR) is the governance token for Swapr, an automated market maker (AMM) decentralized exchange protocol originally developed within the DXdao community. The protocol is deployed across multiple blockchain networks, including Ethereum, Gnosis, and Arbitrum One. As a governance token, SWPR is designed to facilitate protocol oversight through decentralized autonomous organization (DAO) mechanisms, including a Snapshot voting portal and community-adjusted swap fees.
The Swapr decentralized application provides decentralized trading infrastructure, supporting features such as concentrated liquidity (V3) pools and automated dollar-cost averaging (DCA) capabilities. The smart contracts on Ethereum incorporate automated security features including standard transfer parameters without mint capabilities, blacklist functions, or transaction taxes.
Despite maintaining an operational interface, the project exhibits significant indicators of stalled activity and limited market traction. Active development has slowed considerably, with no software development kit (SDK) releases or governance upgrades recorded since October 2024. Market liquidity and trading volumes have collapsed to near-zero levels, with daily turnover falling below a few dollars. Furthermore, no verified third-party security audits were identified in protocol evaluations, and on-chain analysis indicates extreme holder concentration, with top non-exchange and non-locked holders controlling approximately 99.87% of the evaluated supply.