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Home Platforms Ape Swap
Ape Swap reviews
Review Score
77%
4 Reviews
Platform Age
2 Years
Anonymous
Decentralised

Average rating of 77% based on 4 reviews.

Founded 2 years ago in 2021.

Use anonymously. No KYC required.

Decentralised exchange.

Go to Ape Swap earnings calculator

Average rating of 77% based on 4 reviews.

Founded 2 years ago in 2021.

Use anonymously. No KYC required.

Decentralised exchange.

Go to Ape Swap earnings calculator

Reviewed by Yunis
18 October 2022 (Updated 30 March 2023)

Ape Swap Crypto Platform

Pros

tick $14,696,412 USD currently invested (TVL)
tick Investments in 51 coin pairs available
tick Supports protocols including Binance Smart Chain, Polygon and Telos EVM

Cons

cross Investments in liquidity pools can be higher risk
cross Liquidity pool investments are only suitable for advanced crypto users

Ape Swap Reviews

ApeSwap is a decentralized crypto finance platform that serves on Ethereum, BNB, Polygon, and Telos blockchain networks. The platform is founded by anonymous crypto enthusiasts and real identities are not disclosed. There is a team introductory article on Medium but the team members use pseudonymous names. It is not clear when and where the platform was launched. The platform’s Crunchbase profile is not completed as well. ApeSwap Decentralized Autonomous Organization (DAO) runs the platform based on a token-incentivized governance model. The ApeSwap is a community-supported decentralized finance app.
 
ApeSwap platform has a web app that is very easy to start using. Anyone with a web-wallet extension installed on the browser can connect to the platform with a web wallet. ApeSwap has many tools for users. Users can swap, limit orders, exchange and trade many cryptocurrencies on the platform. ApeSwap also serves as a bridging platform between the networks. Users can transfer coins from one network to another. The platform offers staking, farming and lending services with competitive rates.
 
ApeSwap has two native currencies; BANANA and GNANA. While GNANA is the governance token, BANANA is the utility token on the platform. Users can earn yields in BANANA tokens and pay fees in BANANA. The BANANA token is inflationary and doesn’t have a maximum supply.
 
The platform has audit reports from Paladin, DeFiYield, and BSC Gemz and reports are disclosed on the platform’s audits page. Apeswap hasn’t been hacked or exploited by hackers. But users should consider that the ApeSwap is relatively new in the DeFi world and doesn’t have a proven history yet.

How Much Can You Earn on Ape Swap?

How Much Can I Earn on Ape Swap
Ethereum
1.6%
APY
Tether
3.59%
APY
BNB
0.506%
APY
USD Coin
3.16%
APY
Binance USD
4.3%
APY
Polkadot
4.82%
APY
PancakeSwap
19.3%
APY
Bitcoin BEP2
0.403%
APY
ApeSwap
14.6%
APY
BSC:ETHFRUIT
87%
APY
TELOS:STLOSUSDC
17.2%
APY
TELOS:TLOSSTLOS
6.47%
APY
BSC:ETHADA
2%
APY
BSC:WBNBIOTA
1.83%
APY

Ape Swap Supported Currencies

Ape Swap supports over 200 currencies including Bitcoin, Tether, USD Coin and Cardano.

ALooking at reviews from across the web, Ape Swap has an average review score of 77% based on 4 reviews.

Ape Swap Key Data

Company
Automatic market maker tick Yes
Year founded 2,021
Decentralised tick Yes
Security
Know your customer cross No

Useful Links

Ape Swap Contact Details

https://apeswap.finance/

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