Liquidswap v0.5 Crypto Exchange Review: Zero Fees, Limited Pairs, and the Aptos Edge

Dec, 12 2025

Swap Fee Calculator

Trade Amount (USDT)

Select Exchange

Enter your trade amount to see your potential savings with Liquidswap v0.5.

Most crypto exchanges charge you every time you trade. Even the big ones like Binance or Coinbase take 0.1% to 0.2% per swap. That adds up fast - especially if you’re trading small amounts often. But Liquidswap v0.5 doesn’t charge anything. Not for makers. Not for takers. Zero fees. That’s not a promo. It’s how the platform works.

What Is Liquidswap v0.5?

Liquidswap v0.5 is the first decentralized exchange built on the Aptos blockchain. It launched in 2023 and has stayed focused on one thing: making swaps on Aptos cheap and simple. Unlike centralized exchanges that hold your money, Liquidswap lets you keep full control. Your private keys? Still in your wallet. Your funds? Never touched by the platform. That’s the core promise of any DEX - and Liquidswap delivers it.

It supports 22 tokens and 30 trading pairs as of late 2025. That includes APT, USDT, USDC, and a few other major coins on Aptos. You can’t trade every coin on Earth here - but you don’t need to. This isn’t meant to compete with Uniswap or PancakeSwap. It’s built for people already in the Aptos ecosystem.

How It Works: Connect, Swap, Earn

Using Liquidswap is familiar if you’ve used other DEXs. You open your wallet - like Pontem, Nightly, or MathWallet - and connect it to the site. No email. No KYC. No forms. Just your wallet and your keys.

Then you pick a pair: say, APT to USDT. You enter how much you want to swap. The platform shows you the estimated output. You click ‘Swap’ and confirm the transaction in your wallet. The trade happens on-chain. It takes a few seconds. You get your tokens. That’s it.

There’s no order book. No matching engine. It uses automated market makers (AMMs) like most DEXs. But Liquidswap adds smart routing. That means it checks multiple liquidity pools at once to find the best rate for your swap. It doesn’t always pick the deepest pool - it picks the cheapest one. That’s where the zero fees come in. The platform covers costs through other means, like liquidity provider incentives.

If you want to earn, you can add liquidity. Put APT and USDT into a pool. You get LP tokens in return. As people trade that pair, you earn a share of the fees. Even though trading is free, liquidity providers still get paid. That’s rare. Most DEXs charge users to fund the pool. Liquidswap doesn’t. It’s a direct incentive to keep the platform liquid.

Zero Fees - But What’s the Catch?

There’s no hidden fee. No surprise charge. But there are trade-offs.

First, the selection is narrow. 30 trading pairs is tiny compared to Uniswap’s 10,000+. If you want to trade Solana tokens, Ethereum-based coins, or obscure altcoins, you’re out of luck. Liquidswap doesn’t support them. It’s not designed for that.

Second, it’s not for beginners. You need to understand what a wallet is. You need to know how gas works on Aptos. You need to recognize phishing sites. If you’re new to crypto, this isn’t the place to start. There’s no customer support chat. No help center. If something goes wrong, you’re on your own.

Third, data updates are slow. According to Cointelegraph, price and volume data on Liquidswap refreshes every 24 hours. That’s not real-time. It’s delayed. That means if you’re day trading or reacting to market swings, you might be working with outdated numbers. It’s fine for long-term holders or occasional swappers - not for active traders.

Wallet connected to Aptos blockchain with three liquidity pools glowing in geometric form.

Who Is This For?

Liquidswap v0.5 isn’t for everyone. But it’s perfect for three types of people:

Aptos users who want to swap tokens without paying fees every time.
Liquidity providers looking to earn passive income with low risk and no trading fees eating into profits.
DeFi veterans who value non-custodial control and don’t need hundreds of trading pairs.

If you’re someone who holds APT and wants to swap it for USDT to ride out a market dip - Liquidswap is one of the best tools for that job.

If you’re trying to trade Solana to Cardano or buy a new meme coin - look elsewhere.

Compared to Other DEXs

Let’s put Liquidswap next to the big names:

Liquidswap v0.5 vs. Major DEXs (2025)
Feature	Liquidswap v0.5	Uniswap (Ethereum)	PancakeSwap (BSC)	1inch (Aggregator)
Blockchain	Aptos	Ethereum	Binance Smart Chain	Multi-chain
Trading Pairs	30	10,000+	500+	15,000+
Taker Fee	0.00%	0.30%	0.20%	0.00%-0.30%
Maker Fee	0.00%	0.00%	0.00%	0.00%-0.30%
Custodial?	No	No	No	No
KYC Required?	No	No	No	No
Data Update Speed	24 hours	Real-time	Real-time	Real-time
TVL (Total Value Locked)	Under $50M	$4B+	$2B+	$1.2B+

Liquidswap doesn’t compete on volume or pair count. It competes on cost and simplicity - for a single chain. That’s its niche. It’s not trying to be the biggest. It’s trying to be the cheapest on Aptos.

Security and Regulation

Liquidswap is not regulated. No government body oversees it. No license exists. That’s normal for DEXs - but it’s still a risk. If the smart contract has a bug, you lose your money. If the website gets hacked, you might get phished. There’s no insurance. No chargeback. No refund policy.

That’s the trade-off for freedom. You control your assets - but you also carry all the responsibility. If you don’t know how to check a contract address or verify a wallet link, you shouldn’t use this platform.

That said, Aptos itself is built with security in mind. It uses Move, a language designed to prevent common smart contract exploits. That gives Liquidswap a stronger foundation than many Ethereum-based DEXs.

Aptos ecosystem as a low-poly city, Liquidswap tower emitting zero-fee energy beams.

Traffic and Adoption

Traffic numbers tell a quiet story. Liquidswap gets around 3,100 visits a month. That’s low. For comparison, Uniswap gets over 10 million. Liquidswap ranks 397 out of 604 crypto exchanges in organic traffic. The bounce rate is 57%. People come, they swap, they leave. Few stick around.

That doesn’t mean it’s failing. It means it’s serving a small, focused group. Most users aren’t browsing. They’re doing one thing: swapping APT for USDT. Once they’re done, they’re gone. The platform isn’t designed for long sessions. It’s designed for quick, cheap swaps.

Future Outlook

Liquidswap’s future depends on Aptos. If Aptos grows - more apps, more users, more DeFi - then Liquidswap will grow with it. If Aptos stalls, Liquidswap will stay small.

Right now, it’s the only DEX on Aptos with zero fees. That’s a strong first-mover advantage. Other DEXs might launch on Aptos soon - but they’ll have to match the fee structure to compete. That’s pressure on the whole ecosystem to keep costs low.

For now, Liquidswap v0.5 is a quiet winner for Aptos natives. It’s not flashy. It’s not crowded. But it does one thing extremely well: swaps without fees.

Final Verdict

Liquidswap v0.5 isn’t the best DEX overall. It’s not even the best DEX for most people. But if you’re on Aptos and you swap tokens regularly - it’s the best choice you have.

Zero fees. Non-custodial. Cross-chain swaps. Liquidity rewards. All of that adds up to real savings over time.

But if you want a wide selection of tokens, real-time prices, or hand-holding support - look elsewhere. This is a tool for users who already know what they’re doing.

It’s not for beginners. It’s not for speculators. It’s for builders, holders, and swappers who want to keep more of their gains - and don’t mind doing a little homework to get there.

Is Liquidswap v0.5 safe to use?

Yes - if you know what you’re doing. Liquidswap is non-custodial, so your funds never leave your wallet. But there’s no insurance or support. If you send funds to the wrong address, or connect to a fake site, you lose everything. Always double-check the official URL (liquidswap.com), verify contract addresses, and never share your seed phrase.

Can I trade Bitcoin or Ethereum on Liquidswap?

Yes, but not directly. Liquidswap supports cross-chain swaps via wrapped tokens. You can swap Bitcoin or Ethereum for APT or USDT - but only through bridges that convert them into wrapped versions on Aptos. These aren’t native assets, and they carry some risk. Always check the token symbol and contract before swapping.

Do I need to pay gas fees on Liquidswap?

Yes. While Liquidswap charges 0% trading fees, you still pay Aptos network gas fees to confirm your transaction. These are usually under $0.01, but they’re not zero. Gas fees go to the Aptos validators, not to Liquidswap.

How do I earn rewards on Liquidswap?

Add liquidity to a trading pair - like APT/USDT. You deposit equal values of both tokens. In return, you get LP tokens. These represent your share of the pool. As others trade that pair, you earn a portion of the trading volume. Even though fees are zero, the protocol still distributes rewards from other sources, like token incentives or protocol revenue.

Is Liquidswap better than Uniswap?

Only if you’re on Aptos. Uniswap has more tokens, higher liquidity, and real-time data. But it’s on Ethereum, where gas fees can hit $10+ per trade. Liquidswap has fewer tokens, slower data, and no support - but fees are zero and gas is cheap. Choose based on your chain, not your preference.

What wallets work with Liquidswap?

Liquidswap supports Aptos-compatible wallets like Pontem Wallet, Nightly Wallet, MathWallet, and the official Aptos Wallet. Make sure you’re using the latest version. Avoid using wallets that don’t explicitly list Aptos support.

17 Comments

Scot Sorenson
December 13, 2025 AT 17:07

Zero fees? Sure, until the devs get bored and quietly slip in a 0.5% slippage tax. Seen this movie before. Every 'revolutionary' DEX ends up milking users through gas spikes or hidden LP drain. Aptos is cute, but this feels like a sugar rush before the crash.
Sue Gallaher
December 15, 2025 AT 10:24

If you're not paying fees then someone else is paying for your swap and that someone is the liquidity providers who are getting crushed by impermanent loss and zero reward transparency. This isn't innovation it's a Ponzi with better branding.
Stanley Machuki
December 16, 2025 AT 07:07

This is actually legit for APT holders. No fees + cheap gas = perfect for small daily swaps. I use it every week and never pay more than 2 cents in gas. Stop overthinking it
Rakesh Bhamu
December 16, 2025 AT 10:56

I've been using Liquidswap for 8 months now. Gas fees are under $0.01, no trading fees, and my LP rewards are steady. The 24-hour data delay is annoying for day traders but fine if you're HODLing. It's not for everyone, but for Aptos natives? It's the cleanest option out there.
Tiffany M
December 18, 2025 AT 05:33

I love how people act like zero fees is impossible... like money grows on trees?? The protocol is funded by token emissions and ecosystem grants. It's not magic, it's just smart design. Stop being jealous of simplicity.
Sarah Luttrell
December 19, 2025 AT 01:15

Aptos is the only blockchain that matters anyway. Why would I waste time on Ethereum gas fees when I can swap APT for USDT for free? Uniswap is for people who still use Windows XP. This is 2025. Get with the program. 🇺🇸🔥
Lois Glavin
December 19, 2025 AT 02:10

I'm not a tech person but I use this to swap APT to USDT when the market dips. Simple, no drama, no support desk to wait on. I don't care if it's slow or small. It works. That's all I need.
Eunice Chook
December 20, 2025 AT 01:07

The 24-hour data delay is a red flag. You can't price arbitrage properly, you can't react to volatility, and you're basically gambling with stale data. This isn't DeFi - it's a museum exhibit.
Lloyd Cooke
December 21, 2025 AT 11:51

There's a metaphysical elegance here - the absence of fee structures reflects a deeper truth: value isn't extracted, it's co-created. Liquidswap doesn't monetize trust - it cultivates it. The silence of its interface is its most profound feature.
Jeremy Eugene
December 22, 2025 AT 14:12

I appreciate the transparency. No hidden fees, no KYC, no fluff. It’s not for beginners, and that’s fine. The target audience is clearly defined. That’s rare in crypto these days.
Kurt Chambers
December 22, 2025 AT 18:55

Lmao zero fees? Bro the devs are just pumping APT and making everyone else pay in opportunity cost. You think you’re getting free shit but you’re just the chump holding the bag while they dump on the next guy. Aptos is a cult. I’m out.
Ian Norton
December 23, 2025 AT 20:48

The TVL is under $50M? That’s a death sentence. No liquidity means slippage will murder your trades. Zero fees mean nothing if you’re getting 20% worse rates than Uniswap. This isn’t a DEX - it’s a liquidity graveyard.
Kelly Burn
December 25, 2025 AT 18:47

I love how this is basically the quiet hero of Aptos 🫶 No noise, no drama, just clean swaps. And the fact that LPs still earn? That’s next-level. Most DEXs eat their liquidity providers alive. Liquidswap? It feeds them. 🌱✨
Hari Sarasan
December 27, 2025 AT 17:22

The architectural underpinnings of Liquidswap v0.5 represent a paradigmatic shift in decentralized exchange topology - leveraging Move's formal verification to mitigate systemic risk while maintaining non-custodial integrity through Byzantine fault-tolerant consensus mechanisms. The absence of trading fees is not merely an economic incentive - it is an ontological assertion of value neutrality in peer-to-peer asset transfer.
Madison Surface
December 29, 2025 AT 09:00

For anyone new to this - if you're just swapping APT to USDT once in a while, this is the easiest, cheapest way. Just make sure you're on liquidswap.com and not some clone site. And never share your seed phrase. Seriously. I've seen too many people lose everything because they clicked a phishing link. You got this 💪
Joey Cacace
December 29, 2025 AT 12:06

I just want to say thank you for writing such a thoughtful, well-researched review. It's rare to see a piece that doesn't just hype or fearmonger. You clearly understand both the technical and human side of this. I've shared this with my crypto study group - we all appreciated it. 🙏
John Sebastian
December 31, 2025 AT 10:04

You people act like zero fees is a moral victory. It’s not. It’s a business model waiting to collapse. The only thing worse than paying fees is paying with your entire portfolio when the rug gets pulled. This isn’t freedom - it’s a trap dressed up as a gift.

Liquidswap v0.5 Crypto Exchange Review: Zero Fees, Limited Pairs, and the Aptos Edge

Swap Fee Calculator

What Is Liquidswap v0.5?

How It Works: Connect, Swap, Earn

Zero Fees - But What’s the Catch?

Who Is This For?

Compared to Other DEXs

Security and Regulation

Traffic and Adoption

Future Outlook

Final Verdict

Is Liquidswap v0.5 safe to use?

Can I trade Bitcoin or Ethereum on Liquidswap?

Do I need to pay gas fees on Liquidswap?

How do I earn rewards on Liquidswap?

Is Liquidswap better than Uniswap?

What wallets work with Liquidswap?

17 Comments

Scot Sorenson

Sue Gallaher

Stanley Machuki

Rakesh Bhamu

Tiffany M

Sarah Luttrell

Lois Glavin

Eunice Chook

Lloyd Cooke

Jeremy Eugene

Kurt Chambers

Ian Norton

Kelly Burn

Hari Sarasan

Madison Surface

Joey Cacace

John Sebastian

Write a comment

Categories

Archives