ValleySwap

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Feb 23, 2022
   Listed on DeFiLlama
2. Apr 17, 2023
   Remove Fake USDT
3. Jun 3, 2022
   EvoDefi bridge depeg

ValleySwap is a DEX — a decentralised exchange where users swap assets against on-chain liquidity pools rather than a central order book. It is deployed on Oasis. The codebase has been independently audited (1 report on file). DeFiLlama tracks 2 historical events for this protocol since 2022.

ValleySwap is a single-chain protocol, deployed exclusively on Oasis — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for ValleySwap — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

ValleySwap is one of 7 DEX protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Curve DEX, Uniswap V3, PancakeSwap AMM, and 3 more. These peer protocols collectively secure $8B in deposits, giving you a frame of reference for whether ValleySwap's own TVL is at the top, middle, or tail of the category.

Curve DEX

TVL $1.9B · 24h +0.39%

Uniswap V3

TVL $1.8B · 24h -0.67%

PancakeSwap AMM

TVL $1.7B · 24h +0.14%

Raydium AMM

TVL $1.1B · 24h +0.66%

Uniswap V2

TVL $872.4M · 24h -0.17%

Uniswap V4

TVL $670.6M · 24h -0.47%