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Crypto ExchangesExchange profile

KyberSwap exchange profile

KyberSwap’s current routes, full product tariffs, liquidity exits, wallet authority, eligibility and Elastic grant history.

By Editorial deskOperating status: ActivePublished Sources checked

KyberSwap is a wallet-based trading and liquidity interface. Its present product set combines swap aggregation, limit orders, cross-chain routing, Kyber Earn and automated Smart Exit instructions. The current documentation marks its earlier Classic and Elastic pool products as deprecated. A profile of the active aggregator therefore needs to distinguish external liquidity, current execution contracts and historical pools.[1]

DefiLlama reported approximately $5.89 billion of routed volume over the preceding 30 days in the 20 October 2026 capture. This measures aggregator activity, which can also appear as turnover at the pools executing those routes. It should not be added to their volume as though it were independent trading. Neither routed turnover nor a count of connected addresses establishes the number of individual customers.[2]

Trading, networks and order execution

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Platforms & products01

Service structure

Service structure
ServiceExecutionWhat the user controls
Same-chain swapsRoutes can split across several external pools and intermediate assets.The input, recipient, minimum output and deadline belong to the transaction being signed.Source 14
Limit ordersA signed order is offered to takers for later on-chain execution.Tokens remain in the wallet until filled; available balance and allowance constrain execution.Source 4
Kyber EarnOne interface accesses third-party pools and partner vaults.Pool positions, managed vault shares and pending rewards are different assets and claims.Source 26
Smart ExitAn executor withdraws eligible liquidity when the signed conditions hold.Price, time or token-based fee-yield conditions can be combined with AND or OR.Source 6

The support matrix covers Ethereum, Base, Arbitrum, BNB Chain, Polygon and other EVM networks, but each feature has a different footprint. For example, Plasma and Etherlink have aggregation and cross-chain support without limit orders or Zap in that matrix; Bitcoin, Solana and NEAR appear under cross-chain routing. Rise is marked provisional and may lose support after evaluation. General chain counts in introductory text are less useful than the selected product’s current matrix.[3]

Creating a limit order requires a funded wallet, the relevant token approval and a signed message. Wrapping native assets and first-time approvals cost gas; creating the order itself does not. There is no reserved exchange balance. Moving tokens away can prevent fills, but does not revoke the signed order; replenishment can restore its ability to execute before expiry. Set the expiry explicitly and use cancellation when the intention is to end that authority.[4]

A limit price being reached does not guarantee a fill: takers also need an executable route and enough economic margin to pay costs. An order may fill in parts, and a better market price does not improve its already signed exchange rate. The order history can expand individual taker fills, which helps reconcile one instruction with several executions.[5]

Process02

Cancelling instructions

Cancelling instructions
MethodAction requiredWhen the stop takes effect
Gasless limit cancellationSign and submit the cancellation request.Operator confirmation can take up to two minutes when an order has recently been quoted.Source 27
Hard limit cancellationSend an on-chain cancellation and pay gas.It must be included on chain; pending cancellation can race an execution. Single-order and all-active-order controls are available.Source 27
Smart Exit cancellationCancel the still-active instruction through the order view.Expiry, manual cancellation, liquidity changes, transferring the position NFT or staking it can deactivate the order. Closing a browser is not a cancellation.Source 10

Smart Exit has an execution gas cap. The executor advances gas and recovers the actual cost from the withdrawn assets; gas above the signed cap prevents submission. Its fee-yield trigger measures tokens accumulated from the position’s creation, not a dollar return on the initial deposit. Pool-price conditions use the pool’s quoted direction. These distinctions matter when an intended loss limit is expressed using an external market price or a dollar P&L target.[6]

Fees, tiers and the actual cost of a route

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Direct swaps on KyberSwap.com have no protocol percentage fee, but network costs, underlying pool charges and token transfer taxes still affect the outcome. Links supplied by partners can add a displayed partner charge or optional tip. That zero-protocol-fee statement does not extend to every KyberSwap product.[7]

Current execution documentation says output above the estimated quote can accrue to KyberSwap as positive slippage. Unspent input or intermediate-token dust from rounding and partial fills can also accrue to it. The minimum output protects the lower bound; it is not a promise to return every favourable execution gain or residual token. Compare the received amount and all deductions, not only the headline protocol fee.[8]

Pricing & charges03

Limit-order taker schedule

Limit-order taker schedule
Token categoryRateClassification basis
Super stable0.01%Specified chain-specific stablecoinsSource 28
Stable0.02%Other listed stablecoin categorySource 28
Normal0.10%Top 50 tokens, with category exclusionsSource 28
Exotic0.30%Remaining tokensSource 28
High volatility0.50%Added to the catalogue between two weeks and one month agoSource 28
Super high volatility1.00%Added less than two weeks agoSource 28
KNC0.10%Flat rate for trades to or from KNCSource 28
Pricing & charges04

Zap In protocol charges

Zap In protocol charges
Pair classFee on input token
Stable0.01%Source 9
Correlated0.025%Source 9
Common0.10%Source 9
Exotic0.25%Source 9

For illustration, a 1,000 USDC Zap In at 0.10% incurs 1 USDC of protocol fee. This excludes partner fees, the internal swaps, gas, slippage and price impact. Integrators can add their own input-token fee; the API’s feePcm unit is one-thousandth of one percent. The dedicated tariff establishes this basis for Zap In; an exit or migration should be checked on its own confirmation.[9]

Pricing & charges05

Cross-chain platform tariff

Cross-chain platform tariff
Route classStable / same-native pairCommon / otherExoticHigh volatility
EVM to EVM0.05%0.10%0.15%0.25%Source 7
NEAR or Solana to/from EVM0.10%0.20%0.20%0.20%Source 7
Bitcoin to/from EVM0.25%0.25%0.25%0.25%Source 7
Non-EVM to non-EVM0.25%0.25%0.25%0.25%Source 7
Pricing & charges06

Smart Exit fee on withdrawn output

Smart Exit fee on withdrawn output
StableCorrelatedCommonExoticHigh volatility
0.025%0.05%0.15%0.30%0.75%Source 10

The detailed Smart Exit tariff includes 0.75% for high-volatility pairs, despite the general fee page’s shorter 0.025–0.3% summary. Execution charges are deducted from output assets, preferring native tokens, then stablecoins, then the larger output balance; insufficient balance can require a proportional split. The signed order also defaults to no expiry unless one is selected.[10]

Wallet funding, withdrawals and liquidity exits

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There is no conventional deposit account to open. Connect a supported wallet such as MetaMask, Rabby, Safe or a WalletConnect client, then fund its address on the intended chain. Keep the chain’s native fee asset available for approvals, sends and other transactions. Receiving an asset on another network does not automatically make it available to the selected route. Sending the wallet balance elsewhere is a separate signed blockchain transfer.[11]

The integrated Buy Crypto route redirects to Transak. Payment methods, identity checks, purchase limits, conversion costs and delivery are governed by that provider, with crypto delivered to the wallet. The inspected KyberSwap guide establishes buying with fiat; it does not establish a matching KyberSwap bank-withdrawal service. A cash exit therefore needs an independently available off-ramp and its own terms.[12]

Process07

Entering and leaving earning products

Entering and leaving earning products
PositionEntryExit and settlement
External liquidity poolZap can combine up to five input tokens and rebalance them into the required ratio.Standard Withdrawal returns underlying assets in their current ratio and collects fees. Zap Out additionally swaps proceeds into the chosen token.Source 26
Partner vaultThe initial integration uses ether.fi-managed Liquid vault strategies.Native redemption follows the partner queue, typically several days; delivery occurs without a separate claim.Source 29
Vault share saleA swap route can buy or sell the vault-share token.Withdraw to any token sells at the available market price, potentially above or below NAV. This is different from queued redemption; liquidity is required.Source 29

Cross-chain swaps use third-party providers, so origin confirmation and destination delivery are separate stages. Review the chosen route, destination address, minimum received amount, estimated time and both networks. Keep its origin hash and provider tracking link if delivery stalls. A failed downstream operation may need the provider’s refund or recovery procedure; the inspected guide does not establish one universal deadline across routes.[13]

Asset control, approvals and recovery

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Approval authorizes a spender to use the specified token allowance; the interface permits custom or effectively unlimited amounts. For supported EIP-2612 tokens, a signed permit can replace the initial approval transaction, with the documented permit valid for 24 hours. The swap still needs signing and gas. Cancelling a pending swap is not the same as cancelling that permit or revoking an existing allowance.[14]

Depositing liquidity changes the wallet’s exposure from idle tokens to a pool position. Its token mix changes with relative prices, and an out-of-range concentrated position can stop earning swap fees. Waiting, repositioning and withdrawing have different costs; repositioning can crystallize the current mix and add another swap. Kyber Earn supplies management tools but does not operate the underlying third-party pools.[15]

FairFlow is a hook-based layer on underlying Uniswap v4 or compatible pools. Direct swaps into those pools are limited to the KyberSwap Aggregator route. Its Equilibrium Gain distributions are distinct from ordinary pool fees; claiming may require the position NFT to be in the wallet rather than staked elsewhere. A projected reward is not yet a freely transferable balance, and campaign rules can change.[16]

The current terms allow site suspension and, where technically possible, contract upgrades or pauses. They also permit information requests and access restrictions. The separate operator-multisig reference covers operational and reward transfers; it does not establish custody of every wallet or a complete map of all contract administrators.[17][18]

The audit index distinguishes KNC/KyberDAO work, Hexens review of Aggregation Router v3, FairFlow hook reviews and Smart Exit review. An audit applies to a particular contract and scope, not every integrated asset or partner vault. The inspected disclosures establish no universal customer insurance policy or automatic reimbursement ceiling for contract losses.[19]

The old native KyberSwap wallet application stopped being supported on 30 June 2021. Its recovery guidance depends on an existing seed, private key or keystore that can be imported into another compatible wallet. It does not establish support restoration when the signing credentials and backups are lost. Current browser-wallet integration should not be mistaken for continuing support of that old application.[20]

Access, territories and onboarding

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The FAQ lists Iran, North Korea, Myanmar, Cuba, Venezuela, Belarus, Russia, Viet Nam, the BVI, Crimea, Sevastopol and specified non-government-controlled Ukrainian regions among excluded jurisdictions. Sanctions and applicable law can impose further limits. This is not an exhaustive worldwide eligibility decision.[20]

The swap FAQ describes ordinary wallet swaps without registration, email or routine KYC. Commercial integrations beyond ordinary public API use require separate arrangements; a functioning public endpoint does not settle a business’s contractual permission to use it commercially.[21][1]

Support, transaction records and dispute handling

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Support and notices

Product supportWebsite
https://discord.gg/kyberswapSource 21

Scope Use the official create-ticket channel for transaction assistance.

Commercial/API enquiriesEmail
[email protected]Source 30

Scope Integration arrangements and increased service capacity.

For an unconfirmed EVM transaction, inspect the explorer before sending another trade. The wallet may replace or cancel a pending transaction using the same nonce and an additional network fee; a replacement can still lose the confirmation race. A confirmed trade cannot be undone by that procedure. No separate human emergency dealing channel or guaranteed outage execution time was established.[21]

Estimated Pool APR, Active APR and a particular wallet position’s APR use different capital bases; a high in-range rate does not mean every deposited dollar earns it continuously. These analytics are useful reconciliation inputs, but the inspected materials do not establish a comprehensive CSV statement or tax return covering every wallet, bridge and partner vault.[22]

The September 2026 terms provide Seychelles law and English-language arbitration seated there, with three arbitrators. They establish no fixed support-response or preliminary complaint-negotiation clock.[17]

Permissions and regulatory scope

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The FAQ states that KyberSwap and its related entities are not regulated or licensed by the Monetary Authority of Singapore to provide digital-token services. Token availability, audits and wallet-based access do not establish a licence or a deposit compensation entitlement in another country.[20]

Operator, deprecated products and incident outcomes

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The terms updated 1 September 2026 identify Seychelles-formed Lumen Forge Technology Ltd. and, where applicable, Cayman Islands KyberDAO Foundation. Earlier operator names should not be treated as the current counterparty. This updated agreement alone does not document migration of existing wallet balances or pool positions.[17]

Event timeline08

Elastic exploit and subsequent grants

Elastic exploit and subsequent grants
EventEstablished outcomeBoundary
22 November 2023 exploitThe company’s postmortem attributes the incident to Elastic liquidity mechanics.Elastic is a historical product; the incident is not evidence that all present routes use that pool code.Source 31
Treasury grant programmeThe December 2023 programme offered eligible applicants 60% of reference USD value over three months or 100% over twelve months, subject to its terms and KYC.These were grant choices, not an insured return of the original token quantities. Certain recovered-asset categories had separate handling.Source 32
Current published follow-upAn undated update on the postmortem says grants covering 100% of affected funds were distributed to all users who submitted an application.This is the company’s applicant-scoped statement. It does not independently establish that every affected person applied or that all economic losses were restored.Source 31
Operator
Lumen Forge Technology Ltd.; KyberDAO Foundation where applicable
Exchange model
Decentralised
Service scope
Swap routing, signed orders and third-party liquidity tools.
Client types
Not established
Pricing publication
Public pricing
Pricing scope
Product-specific tariffs and route deductions.
Funding scope
Blockchain transfers and separate-provider fiat purchases.
Custody and asset handling
Wallet signing, contract allowances and deposited positions.
Client eligibility
Territory, sanctions and applicable-law restrictions.
Support
Official Discord and commercial email.
Authorisation and registration scope
No MAS licence claimed; broader permissions not established.

Exchange metadata checked 20 Oct 2026Source 1Source 17Source 20Source 7Source 11

Covered contracting entities

Lumen Forge Technology Ltd.

Jurisdiction
Seychelles
Covered services
Sites and APIs under current terms
Client and location scope
Eligible users under those terms

Published terms

Source 17

KNC staking, API access and AI authority

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KNC staking uses an Ethereum smart contract and has no mandatory lock or minimum stake in the staking guide. New stake generally gains voting eligibility in the following epoch. To exit, select Unstake, enter the amount and sign the gas-bearing transaction. Withdrawing during an epoch can reduce voting power and rewards; full voting rewards also depend on participation in the relevant proposals. The mobile-compatible web interface does not remove those on-chain conditions.[23]

Pricing & charges09

Ethereum gas-refund tiers

Ethereum gas-refund tiers
KNC stakedRefund of eligible gas cost
50010%Source 24
5,00015%Source 24
10,00020%Source 24

Gasback applies to successful Ethereum swaps worth at least $200 and excludes approval and failed-transaction costs. The programme caps refunds at $200 of value per two-epoch cycle, approximately four weeks, and pays in KNC. Keeping the qualifying stake through distribution matters. Pending refunds are not cash in the wallet; a claim transaction and token-price conversion remain distinct from the original gas expense.[24]

Platforms & products10

Public API limits

Public API limits
ServiceDefault ceilingAuthentication distinction
Aggregator3 requests/secondExisting aggregator-api host uses client identification; new or higher-capacity access uses an API key at api.kyberswap.com/swap.Source 30
Limit Order10 requests/secondClient identifier; higher limits by arrangement.Source 30
Zap as a Service1 request/secondClient identifier; higher limits by arrangement.Source 30

An API key governs access to a request service, not possession of the wallet’s private key. Data retrieval and unsigned transaction construction do not themselves transfer assets. A developer still needs a signing path for swaps, liquidity changes or signed orders; removing a request credential does not automatically revoke previously granted token allowances.[25]

Platforms & products11

AI tools and their actual powers

AI tools and their actual powers
Tool familyAuthorityPersistent consequence
Hosted-agent MCPBuilds unsigned transactions or typed messages; it neither holds private keys nor signs or broadcasts. It can submit an already signed limit order or cancellation.External wallet approval remains necessary. Built swap routes can expire after roughly 30 seconds.Source 33
Local agent skillsNormal workflows request confirmation. Fast variants omit it and can sign or broadcast through configured keystore, environment-key or hardware-wallet tooling.Automation inherits the signer’s actual authority. Stopping the agent does not cancel outstanding orders or remove prior approvals.Source 34
Follow the evidence

Sources & further reading

  1. Current product scope KyberSwap · Accessed 20 Oct 2026
  2. KyberSwap aggregator activity DefiLlama · Accessed 20 Oct 2026
  3. Feature and network matrix KyberSwap · Accessed 20 Oct 2026
  4. Creating signed limit orders KyberSwap · Accessed 20 Oct 2026
  5. Limit fill and history rules KyberSwap · Accessed 20 Oct 2026
  6. Smart Exit execution conditions KyberSwap · Accessed 20 Oct 2026
  7. Product fee schedule KyberSwap · Accessed 20 Oct 2026
  8. Swap surplus and residual tokens KyberSwap · Accessed 20 Oct 2026
  9. Zap In fee basis KyberSwap · Accessed 20 Oct 2026
  10. Smart Exit lifecycle and tariff KyberSwap · Accessed 20 Oct 2026
  11. Wallet connection and funding KyberSwap · Accessed 20 Oct 2026
  12. Integrated fiat purchase KyberSwap · Accessed 20 Oct 2026
  13. Cross-chain route process KyberSwap · Accessed 20 Oct 2026
  14. Swap and approval controls KyberSwap · Accessed 20 Oct 2026
  15. Pool position management KyberSwap · Accessed 20 Oct 2026
  16. FairFlow hook and rewards KyberSwap · Accessed 20 Oct 2026
  17. September 2026 service terms KyberSwap · 1 Sep 2026 · Accessed 20 Oct 2026
  18. Operational multisig scope KyberSwap · Accessed 20 Oct 2026
  19. Contract-specific audit index KyberSwap · Accessed 20 Oct 2026
  20. Access and legacy-wallet FAQ KyberSwap · Accessed 20 Oct 2026
  21. Swap limits and troubleshooting KyberSwap · Accessed 20 Oct 2026
  22. APR calculation bases KyberSwap · Accessed 20 Oct 2026
  23. KNC staking and withdrawal KyberSwap · Accessed 20 Oct 2026
  24. Gas refund eligibility and tiers KyberSwap · Accessed 20 Oct 2026
  25. API service functions KyberSwap · Accessed 20 Oct 2026
  26. Kyber Earn operations KyberSwap · Accessed 20 Oct 2026
  27. Limit cancellation methods KyberSwap · Accessed 20 Oct 2026
  28. Limit taker fee categories KyberSwap · Accessed 20 Oct 2026
  29. Partner vault redemption KyberSwap · Accessed 20 Oct 2026
  30. API gateways and rate limits KyberSwap · Accessed 20 Oct 2026
  31. Elastic postmortem and grant update KyberSwap · 7 Feb 2024 · Accessed 20 Oct 2026
  32. Historical treasury grant terms KyberSwap · 20 Dec 2023 · Accessed 20 Oct 2026
  33. Hosted MCP signing boundary KyberSwap · Accessed 20 Oct 2026
  34. Local automation authority KyberSwap · Accessed 20 Oct 2026

This profile reports dated public information, including exchange-published services and terms. It does not independently test or guarantee trading, custody, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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