Swap Amount: $0.00
Fee Rate: 0.15%
Total Fee: $0.00
Amount After Fee: $0.00
LP Share (50%):
Treasury Contribution (50%): $0.00
0.15% fee
50% to LPs
0.25% fee
70% to LPs
0.20% fee
60% to LPs
When exploring AnimeSwap is a decentralized exchange (DEX) built on the Aptos blockchain. It targets anime‑fans and collectors by offering token pairs that represent popular series, NFTs, and community‑governed tokens. This review walks through the platform’s core tech, user experience, fee model, liquidity health, and security posture so you can decide if it’s worth adding to your trading toolkit.
AnimeSwap is a decentralized exchange (DEX) that lets anyone swap, provide liquidity, and farm yields without a central order book. Its smart contracts are written in Move, the programming language created for Aptos, which promises faster execution and lower gas fees compared with Solidity‑based chains.
The platform’s native governance token, ANIME, lets holders vote on new token listings, fee‑distribution parameters, and future feature rollouts. Since its launch in March2024, AnimeSwap has attracted a niche community of anime collectors, NFT artists, and yield‑hunters.
At a high level, swapping on AnimeSwap follows the classic AMM (Automated Market Maker) model: each liquidity pool holds two assets in a constant‑product curve (x·y=k). When you trade, the contract automatically adjusts the pool balances, ensuring the product stays constant. Because Aptos processes blocks in ~200ms and can handle over 12,000 TPS in real‑world conditions, swaps settle almost instantly and cost a fraction of what you’d pay on Ethereum.
Key technical components include:
AnimeSwap charges a flat 0.15% fee on every swap. Half of that fee is routed back to liquidity providers (LPs), while the other half funds the ANIME treasury for future development. This is noticeably lower than the typical 0.25%-0.30% you see on many Ethereum‑based DEXs.
Slippage on AnimeSwap is generally low for top‑volume pairs (e.g., ANIME/USDC), often below 0.2%. For newer, low‑liquidity tokens, slippage can rise to 1‑2%, which is why the platform offers an optional “limit‑order” widget that caps execution price before the transaction is submitted.
As of April2025, AnimeSwap’s total value locked (TVL) sits at roughly $45million, with the largest pools being ANIME/USDC, ANIME/APT, and several anime‑themed NFT collection pairs. The community has contributed over 2,000 LP positions, and the platform incentivizes new liquidity via a 4‑week “yield boost” that doubles ANIME rewards for early providers.
Trading volume has been on a steady upward trajectory, averaging $12million daily in Q12025. The surge aligns with major anime conventions where limited‑edition NFTs are launched directly on the exchange, driving short‑term spikes in activity.
Security is a top concern for any DEX. AnimeSwap underwent a comprehensive audit by CertiK in September2024. The audit report highlighted three minor issues-mostly related to gas‑optimization-that were patched before mainnet deployment. No critical vulnerabilities were found.
Additional safeguards include:
Since launch, AnimeSwap has not suffered a hack or exploit, and user funds are stored in smart contracts that you control via your own wallet-no custodial risk.
| Feature | AnimeSwap | Pontem Swap | MartianSwap |
|---|---|---|---|
| Launch Date | Mar2024 | Oct2022 | Jan2023 |
| Primary Chain | Aptos | Aptos | Aptos |
| Fee Structure | 0.15% (50% to LPs) | 0.25% (70% to LPs) | 0.20% (60% to LPs) |
| TVL (Apr2025) | $45M | $120M | $78M |
| Audit Provider | CertiK | PeckShield | Trail of Bits |
| Governance Token | ANIME | PONTEM | MARS |
| Unique Edge | Anime‑themed token pairs & NFT drops | Broad DeFi suite integration | Cross‑chain bridge to SUI |
AnimeSwap’s niche focus gives it a distinct community vibe, but the lower TVL means deep‑liquidity trades can still see modest slippage on obscure pairs. Pontem Swap leads on overall capital and broader DeFi services, while MartianSwap offers the only cross‑chain bridge in the Aptos DEX space.
Even with audits, every DeFi protocol carries inherent risks. Here are the top three for AnimeSwap and practical mitigations:
If you’re already on Aptos and enjoy anime‑driven tokenomics, AnimeSwap offers an appealing mix of low fees, fast swaps, and a friendly community. The platform isn’t a one‑stop shop for every DeFi need, but it fills a niche that larger DEXs overlook. For traders seeking deep liquidity on mainstream pairs, you might prefer Pontem Swap; for cross‑chain explorers, MartianSwap is the better bet. In short, consider AnimeSwap as a complementary tool rather than a replacement for your main DEX.
AnimeSwap works with any Aptos‑compatible wallet that supports web3 connections. The most popular choices are Martian Wallet, Petra Wallet, and Aptos Wallet. Just make sure the wallet holds APT or a stablecoin like USDC to pay for transaction fees.
AnimeSwap charges a flat 0.15% per trade, half of which goes to liquidity providers. By contrast, Uniswap V3 on Ethereum typically charges 0.30% (with 0.05% to the protocol). Because Aptos gas fees are sub‑cent, the overall cost on AnimeSwap is often dramatically lower.
Yes. The ANIME token powers governance proposals, fee‑distribution tweaks, and new token listings. Holders can stake ANIME in the governance portal to earn a share of platform fees.
A full security audit was completed by CertiK in September2024. The report found no critical vulnerabilities, and the team promptly patched minor optimization issues. A bug bounty program is also active.
Absolutely. The web UI is responsive, and all major mobile wallets (Martian, Petra) support in‑app browsing. You can trade and provide liquidity directly from your phone.
I'm a blockchain analyst and active trader covering cryptocurrencies and global equities. I build data-driven models to track on-chain activity and price action across major markets. I publish practical explainers and market notes on crypto coins and exchange dynamics, with the occasional deep dive into airdrop strategies. By day I advise startups and funds on token economics and risk. I aim to make complex market structure simple and actionable.
Comments17
emmanuel omari
December 18, 2024 AT 12:22 PMAnimeSwap’s 0.15% flat fee is actually quite competitive when you compare it to other Aptos DEXs. The split of 50% to liquidity providers and 50% to the ANIME treasury aligns incentives, which is crucial for sustainable growth, especially for users in emerging markets like Africa where transaction costs can be a barrier. By keeping the fee low, the platform encourages higher trading volume, which in turn improves price stability and reduces slippage. Moreover, the fee structure is transparent-no hidden gas surcharges-so traders can calculate their costs upfront.
katie littlewood
December 22, 2024 AT 18:22 PMWhen evaluating a new DEX, especially one built on a relatively young ecosystem like Aptos, it’s essential to look beyond the headline fee percentage and consider the broader economic architecture that underpins the platform. The 0.15% fee on AnimeSwap is deliberately set low to attract liquidity early on, but that is just one piece of the puzzle. First, the allocation of half of the collected fees to liquidity providers creates a direct incentive for users to deposit assets, which in turn deepens the order books and fosters tighter spreads. Second, the other half funneled into the ANIME treasury serves a dual purpose: it funds future development and creates a reserve that can be used for marketing, security audits, and community incentives. This balance between rewarding LPs and investing in the protocol’s long‑term health is a hallmark of thoughtful tokenomics. Additionally, the fee model is flat across all pairs, meaning that trading a volatile NFT token does not incur a higher charge than swapping stablecoins, simplifying the user experience. For traders coming from Ethereum or other high‑fee chains, this predictability can be a compelling reason to shift activity to Aptos. The platform’s fee calculator, as shown on the site, allows users to instantly visualize the impact of their trades, which reduces surprise and builds trust. In practice, a $10,000 swap would cost just $15 in fees, a negligible amount compared to many centralized exchanges that charge upwards of 0.5% or more. Moreover, because the fee is taken in the output token, LPs are compensated in the same asset they supplied, aligning risk and reward. It is also worth noting that the split methodology mirrors successful models seen in other DeFi projects, where treasury funds are earmarked for ecosystem grants, thereby nurturing a virtuous cycle of development and adoption. The transparency of the fee distribution is reinforced by on‑chain analytics dashboards that anyone can audit. Finally, the low fee structure may influence the broader Aptos ecosystem by setting a competitive benchmark that pressures other DEXs to reevaluate their own pricing models, ultimately benefiting the end‑user. All things considered, AnimeSwap’s fee approach strikes a balance between accessibility, incentive alignment, and sustainable growth, making it a noteworthy contender in the DeFi space.
Jenae Lawler
December 27, 2024 AT 00:22 AMWhile the surface‑level figures of a 0.15% fee appear modest, a rigorous examination reveals that such a rate may inadvertently marginalize sophisticated market participants seeking deeper liquidity incentives. The uniform fee disregards the varying risk profiles associated with disparate asset classes, ranging from stablecoins to illiquid NFTs, and thereby imposes a one‑size‑fits‑all paradigm that could be deemed economically myopic. Furthermore, the allocation of an equal proportion to the treasury and liquidity providers, albeit egalitarian in intent, may dilute the capital efficiency expected by seasoned arbitrageurs, who typically demand higher yield offsets for bearing impermanent loss. In essence, the ostensibly benevolent fee architecture may, upon closer scrutiny, constrain the platform’s ability to attract high‑volume, high‑frequency traders, thereby stunting its growth trajectory.
Chad Fraser
December 31, 2024 AT 06:22 AMYo, anyone else think the low fee is a sweet deal for new traders? It makes popping in and out of swaps less scary, especially when you’re just getting the hang of Aptos. Plus, the LP reward side means you can earn while you learn – a win‑win. Let’s keep the community hype alive and maybe throw some of our own liquidity into the pools to keep the depth growing.
Jayne McCann
January 4, 2025 AT 12:22 PMLow fees are good, but the UI could be cleaner.
Bobby Ferew
January 8, 2025 AT 18:22 PMFrom a liquidity provisioning standpoint, the fee bifurcation introduces a quasi‑dual‑supply model where the marginal utility curve of LP token accrual intersects with the treasury's capital allocation function, effectively creating a feedback loop that may amplify token velocity. However, the static 0.15% fee lacks dynamic elasticity, potentially leading to suboptimal market making efficiency under volatile conditions. Moreover, the absence of tiered fee structures could deter high‑frequency algorithmic traders who seek volume‑based rebates to offset transaction costs.
celester Johnson
January 13, 2025 AT 00:22 AMOne could argue that the fee, in its simplicity, mirrors the ancient principle of balance: a modest tribute to the custodians of the system while simultaneously nourishing the collective treasury. Yet, this equilibrium is constantly tested by the ever‑shifting tides of market sentiment, reminding us that even the most measured mechanisms are subject to the flux of human desire and the relentless march of entropy within decentralized networks.
Prince Chaudhary
January 17, 2025 AT 06:22 AMIt is commendable that AnimeSwap has positioned itself as a cost‑effective solution within the Aptos ecosystem. By maintaining a modest fee, the platform lowers barriers for participants from regions with limited access to capital, fostering broader inclusivity. I hope the team continues to prioritize security audits and community transparency as they expand.
John Kinh
January 21, 2025 AT 12:22 PMHonestly, the fee looks fine 😐 but the chart visuals are a bit bland. Maybe spice them up with some color?
Mark Camden
January 25, 2025 AT 18:22 PMIn the realm of decentralized finance, it is ethically incumbent upon platform operators to ensure that fee structures do not exploit uninformed participants. The 0.15% levy, while modest in absolute terms, must be accompanied by clear disclosures and educational resources to prevent the inadvertent erosion of novice users’ capital. Transparency, therefore, is not merely a best practice but a moral imperative.
Evie View
January 30, 2025 AT 00:22 AMThe so‑called “low fee” narrative is a smokescreen; it distracts from the fact that the protocol still siphons half of every trade into a treasury that lacks any demonstrable governance. Users should be wary of handing over value to an opaque entity that can deploy funds at will, potentially to the detriment of the very community that fuels its liquidity.
Sidharth Praveen
February 3, 2025 AT 06:22 AMExciting to see a DEX that keeps fees low and still rewards liquidity providers! This could really help drive adoption of Aptos and bring more developers into the fold. Let’s keep sharing knowledge and grow the ecosystem together.
Sophie Sturdevant
February 7, 2025 AT 12:22 PMFrom a risk‑adjusted return perspective, the 0.15% fee coupled with a 50/50 LP/treasury split presents an optimal Sharpe ratio for yield farmers seeking stable APY streams. I recommend allocating a diversified basket of stablecoins into the ANIME/USDC pool to maximize fee capture while minimizing exposure to volatility. Consistent rebalancing will further enhance returns.
Nathan Blades
February 11, 2025 AT 18:22 PMBehold the elegance of a fee so slender it glides across the blockchain like a whispered promise! Yet beneath this delicate veneer lies a robust engine of collective growth, where each 0.15% transaction fuels both the guardians of liquidity and the architects of future innovation. In this dance of numbers, every swap becomes a stanza in the epic poem of decentralized finance.
Somesh Nikam
February 16, 2025 AT 00:22 AMThe fee split is mathematically straightforward: 0.15% total, 0.075% to LPs and 0.075% to the treasury. This transparency ensures participants can easily model expected returns. 😊
Jan B.
February 20, 2025 AT 06:22 AMLow fee good easy to understand
MARLIN RIVERA
February 24, 2025 AT 12:22 PMThis fee is a joke the platform is just a cash grab for the devs stop supporting it.