YodeSwap Crypto Exchange Review: A Dead DEX on Dogechain

YodeSwap was supposed to be the go-to decentralized exchange for Dogechain users. Launched in 2022, it promised low fees, native integration, and yield farming-all tailored for the Dogecoin-inspired blockchain. But as of November 5, 2025, YodeSwap is not just inactive-it’s dead.

What YodeSwap Actually Is (Was)

YodeSwap was a decentralized exchange built specifically for the Dogechain network. Unlike centralized platforms like Binance or Coinbase, it didn’t hold your funds. Instead, it used automated market-making (AMM) to let users swap tokens directly from their wallets. It supported three trading pairs: DC/WWDOGE, YODE/WWDOGE, and USDC/WWDOGE. The platform also offered staking and farming for YODE, its native token.

At first glance, it looked like a solid idea. Dogechain needed its own DEX, and YodeSwap positioned itself as the first. But the reality was far different. There were no public founders. No corporate structure. No transparent team. Just a website and a smart contract.

The Numbers Don’t Lie

By November 2025, YodeSwap’s trading volume was $38.95 in 24 hours. That’s less than the cost of a coffee. Compare that to Uniswap, which clears over $1 billion daily, or even DogeSwap on the same chain, which does $2,800 a day. YodeSwap’s volume is so low it doesn’t even register on most exchange rankings-it’s ranked #523 by CoinGecko, far below the minimum threshold for any meaningful market presence.

Liquidity is even worse. The deepest trading pair, YODE/WWDOGE, had only $272 in liquidity. That means if you tried to swap $50 worth of WWDOGE for YODE, you’d likely lose 30-50% of your funds to slippage. One Reddit user reported losing 47% of their $100 swap before it even confirmed.

The USDC/WWDOGE pair? CoinGecko marked it as “Inactive-No trades in the last 3 hours.” That’s not a glitch. That’s abandonment.

Security Risks You Can’t Ignore

YodeSwap’s smart contracts were never audited. SmartDeFi Labs found multiple reentrancy vulnerabilities in 2024-critical flaws that could let hackers drain funds. But here’s the twist: no one exploited them. Why? Because there was nothing left to steal.

Then came the liquidity drain. On May 10, 2024, the team moved every dollar out of all trading pools in a single transaction. $1,842 disappeared. That’s not a market correction. That’s a withdrawal of support. Blockchain explorer DogeChainScan confirmed the transaction came from the project’s admin wallet. No announcement. No warning. Just silence.

WikiBit, a crypto risk platform, upgraded its rating from “high risk” to “confirmed exit scam” in October 2025. CoinGecko’s Trust Score remains uncalculated-not because the data is missing, but because the exchange no longer meets the minimum activity threshold to be rated at all.

User Experiences: Ghost Liquidity and Frozen Funds

Trustpilot has 12 verified reviews for YodeSwap. Average rating: 1.2 out of 5. Common complaints:

• “Tried to withdraw-transaction failed. Funds stuck.”
• “The site says I have 10,000 YODE, but I can’t trade them.”
• “Liquidity vanished overnight. No one responded.”

YouTube creator CryptoGems documented the liquidity removal. DeFi Detective showed users how the swap function now returns errors. Even the official website’s contact form is a 404 error since June 2024. The Telegram group, once with 2,300 members, now has 17. Most are asking how to get their money back.

Why It Failed (And Why It Matters)

YodeSwap wasn’t just poorly run-it was built on a broken model. It relied entirely on hype, not utility. Dogechain’s total value locked (TVL) has collapsed from $142 million in early 2023 to just $11.2 million today. Projects tied to it are dying. YodeSwap had no real community, no marketing budget, no roadmap updates after Q4 2023.

Its only advantage-being native to Dogechain-became its death sentence. When the chain lost users, so did YodeSwap. Competitors like DogeSwap and WoofSwap survived because they kept adding features, running promotions, and updating their tech. YodeSwap froze in 2022.

Is There Any Way to Recover Your Funds?

Short answer: no.

If you still hold YODE tokens, they’re worth about $0.004 each-down 99.97% from their peak. You can’t sell them on any major exchange. MXC, which once listed YODE, delisted it in December 2024. Binance, Coinbase, Kraken? Never listed it. The only place you could trade it was YodeSwap itself-and that’s now a static webpage.

Some users claim they can still connect their wallets and see balances. But when they try to swap, the interface freezes or returns an error. There’s no customer support. No email replies. No social media engagement. The Twitter account (@YodeSwap) hasn’t posted since February 2024. Its last tweet promised a “major V2 update coming soon.” It never came.

What You Should Do Now

If you still have YODE tokens:

• Do not send more funds to the platform.
• Do not try to “farm” or “stake” more tokens-there’s no yield left.
• Accept that these tokens are effectively worthless.
• If you used MetaMask or another wallet, consider deleting the YodeSwap contract from your custom token list to avoid accidental interactions.

If you’re looking for a DEX on Dogechain, use DogeSwap or WoofSwap. Both have active liquidity, regular updates, and community support. YodeSwap is a cautionary tale-not a platform.

Final Verdict

YodeSwap was never a reliable exchange. It was a speculative project built on a dying chain, with no transparency, no liquidity, and no future. By late 2025, it had all the hallmarks of a classic exit scam: vanished liquidity, silent team, broken website, and zero user trust.

There’s no comeback. No rescue plan. No hidden redemption. The only thing left is a blockchain record of a failed experiment-and hundreds of users who lost money believing in something that never existed.