WaultSwap (BSC) offers low fees and high APYs but has almost no liquidity, zero developer activity, and frequent user complaints. Don't trade or stake here - it's a high-risk dead project in 2025.
WaultSwap Review: What It Is, How It Works, and If It’s Still Worth Using
When you hear WaultSwap, a decentralized exchange built on the Binance Smart Chain that let users trade tokens, farm yields, and stake liquidity. Also known as Wault Finance, it was one of the early DEXs to combine automated market making with high-yield farming — all with low fees and fast transactions. Unlike centralized exchanges, WaultSwap didn’t hold your keys. You connected your wallet — usually MetaMask or Trust Wallet — and traded directly on-chain. That meant no sign-ups, no KYC, and no middleman. But it also meant you were fully responsible for what happened after you clicked "swap" or "stake."
WaultSwap wasn’t just another swap tool. It was part of a larger trend: Binance Smart Chain, a blockchain designed to be faster and cheaper than Ethereum, attracting DeFi projects with low gas costs and high throughput. That’s why WaultSwap grew fast. It offered liquidity farming, a way to earn new tokens by locking up your crypto in trading pairs like WBNB/USDT. Users could stake their LP tokens and get Wault tokens (WLT) as rewards. Some made good money early on — until the hype faded, liquidity dried up, and the token lost most of its value. By 2025, daily volume dropped below $500K, and development slowed to a crawl. The team stopped updating the site. No new features. No audits. No communication.
So what’s left? A working DEX — technically. You can still swap tokens on it. But the pools are thin. Slippage is high. And the WLT token? Nearly worthless. If you’re looking for a safe place to trade, there are better options now — like PancakeSwap, which has deeper liquidity, active development, and real community support. WaultSwap’s story isn’t unique. It’s one of dozens of BSC projects that rode the DeFi wave, promised big returns, then vanished when the money left. The lesson? Don’t chase yield without checking who’s behind the code. And never invest more than you’re willing to lose.
Below, you’ll find real user experiences, breakdowns of its tokenomics, and comparisons with other DEXs that actually kept their promises. Some posts show how people got burned. Others explain what went wrong — and what you should watch for next time.