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ApeSwap (Arbitrum) Crypto Exchange Review: Why It's Dead and What to Use Instead

published : Nov, 8 2025

ApeSwap (Arbitrum) Crypto Exchange Review: Why It's Dead and What to Use Instead

Arbitrum DEX Comparison Tool

Why This Matters

Before choosing a DEX on Arbitrum, you need to verify it's actively maintained and secure. A dead exchange like ApeSwap (Arbitrum) offers no liquidity, security monitoring, or support. This tool helps you evaluate active options based on real metrics from DeFiLlama and CoinGecko.

DEX Overview

Select a DEX to see its key metrics

Trading Comparison

Feature Uniswap Trader Joe Curve Camelot
24h Volume (Arbitrum) $593M $128M $45M $32M
Liquidity Pools 1,500+ 850+ 200+ 600+
Stablecoin Support USDC, DAI, USDT USDC, DAI, USDT USDC, DAI, USDT USDC, DAI, USDT
Gas Fees Low Very Low Low Very Low
Security Audited, Insurance Fund Audited, Active Team Audited, Low Slippage Audited, Active Updates
Token Rewards Low High (ARB) N/A Medium

Important Security Note

Never use dead exchanges like ApeSwap (Arbitrum). They offer no security monitoring, have no active teams, and may be targets for hackers. Always check for recent activity before connecting your wallet.

ApeSwap (Arbitrum) was supposed to be the next big thing in decentralized trading on Arbitrum. Launched in 2023, it promised low fees, fast trades, and the same fun, meme-friendly vibe as the original ApeSwap on Binance Smart Chain. But today, it’s a ghost. No trading pairs. No volume. No updates. Just a placeholder with zero activity.

If you’re looking to trade crypto on Arbitrum, ApeSwap (Arbitrum) isn’t an option. Not because it’s risky - it’s because it doesn’t exist as a functioning exchange. CoinGecko shows $0.00 in 24-hour volume, zero listed tokens, and no links to any website or community. That’s not a slow project. That’s a dead one.

What ApeSwap (Arbitrum) Was Supposed to Be

ApeSwap first gained attention on Binance Smart Chain as a DeFi platform with yield farming, liquidity pools, and a strong community around its BANANA token. When Arbitrum exploded in popularity in 2022-2023, many projects rushed to launch versions of themselves there. ApeSwap was one of them.

Arbitrum offered everything they needed: Ethereum-level security, 10x faster transactions, and fees 90% cheaper than the mainnet. It was the perfect place for a DEX to thrive. ApeSwap (Arbitrum) was supposed to ride that wave. But instead of building liquidity, they built silence.

There’s no record of smart contract audits, no liquidity mining campaigns, no marketing push. Even the original ApeSwap team stopped updating their Arbitrum page. By mid-2024, the domain redirected to nowhere. By 2025, even the CoinGecko listing showed no activity - not even a single trade in six months.

Why Arbitrum DEXes Succeed - and Why ApeSwap Failed

Arbitrum isn’t short on successful DEXes. Uniswap, for example, handles over $593 million in daily volume on Arbitrum as of late 2025. Trader Joe is another top player, with deep liquidity in ARB/ETH, USDC/ETH, and WBTC/ETH pairs. Both have active communities, regular token incentives, and frequent updates.

ApeSwap (Arbitrum) had none of that. No liquidity providers. No token rewards. No governance votes. No roadmap. It didn’t even have a working frontend. Users who tried to connect their wallets found broken interfaces or error messages. No one was trading because no one could trade.

Compare that to Uniswap, which launched its Arbitrum version with a $10 million liquidity incentive program. Or Trader Joe, which gave users $ARB tokens just for swapping. ApeSwap gave nothing. Not even a tweet.

The Arbitrum Ecosystem Is Thriving - Just Not for ApeSwap

While ApeSwap sat still, Arbitrum kept moving. In August 2025, Arbitrum launched its Orbit Chains - custom blockchains built on top of Arbitrum’s tech. Four are already live, with two more coming in September. These let teams build their own app-specific chains for gaming, identity, and enterprise use.

Meanwhile, the ARB token, Arbitrum’s native currency, bounced back from July lows and is trading around $1.68. The ecosystem is growing, not shrinking. Developers are building. Liquidity is flowing. Projects are raising millions.

ApeSwap (Arbitrum) didn’t just fall behind - it vanished from the race. There’s no sign of a comeback. No team announcement. No GitHub commits. No Discord activity. It’s as if the project was abandoned before it even started.

Vibrant active DEXes on one side, empty void labeled ApeSwap on the other.

What You Should Use Instead

If you want to trade crypto on Arbitrum, you have better options - and they’re all active.

  • Uniswap: The most trusted DEX on Arbitrum. Thousands of tokens, deep liquidity, and a proven track record. Perfect for beginners and pros.
  • Trader Joe: Great for yield farming and swapping ARB, USDC, and ETH. Strong community and regular rewards.
  • Curve Finance: Best for stablecoin swaps with near-zero slippage. Ideal if you’re trading USDC, DAI, or USDT.
  • Camelot: A rising player with low fees and high rewards for liquidity providers.

All of these have working websites, active Discord servers, and real trading volume. You can check their stats on Dune Analytics or DeFiLlama. ApeSwap (Arbitrum) doesn’t even show up on those dashboards anymore.

Security Risks of Using a Dead DEX

Even if you found a way to access ApeSwap (Arbitrum)’s old interface, you shouldn’t. A dead DEX means no one is monitoring the smart contracts. No one is fixing bugs. No one is responding to exploits.

Smart contracts on DeFi platforms are complex. A single flaw can drain funds. When a project goes quiet, those flaws become targets. Hackers scan for abandoned contracts - and they’ve already found dozens on Arbitrum.

There’s no audit report for ApeSwap (Arbitrum). No multi-sig wallet. No insurance fund. If you send crypto there, you’re sending it into the void. No one can help you get it back.

Trader holding tombstone for dead ApeSwap while thriving Arbitrum city glows behind.

What Happened to the Original ApeSwap?

The original ApeSwap on BSC is still alive - but it’s not the same. It’s lost most of its user base since the BSC ecosystem cooled down. The team has shifted focus to other chains, like Polygon and Base. They’ve stopped promoting Arbitrum entirely.

So ApeSwap (Arbitrum) wasn’t just neglected - it was dropped. The team moved on. The users moved on. The market moved on.

Final Verdict: Don’t Waste Your Time

ApeSwap (Arbitrum) is not a failed project. It’s a non-existent one. There’s no trading. No liquidity. No updates. No future. It’s a footnote in DeFi history - a lesson in how not to launch a DEX.

If you’re looking to trade on Arbitrum, skip ApeSwap entirely. Use Uniswap, Trader Joe, or Curve. They’re live, secure, and growing. ApeSwap (Arbitrum) is just a dead link in your browser history.

Is ApeSwap (Arbitrum) still operational?

No. As of November 2025, ApeSwap (Arbitrum) has zero trading volume, zero listed tokens, and no active development. Its CoinGecko listing shows $0.00 in 24-hour volume and no website or community links. It is not functioning as a crypto exchange.

Why did ApeSwap (Arbitrum) fail?

It failed because it never built liquidity, never attracted users, and never updated its platform. While competitors like Uniswap and Trader Joe offered rewards and improved interfaces, ApeSwap (Arbitrum) stayed silent. The team likely abandoned the project after realizing it couldn’t compete.

Can I still use ApeSwap (Arbitrum) to trade crypto?

No. Even if you find a link to its old interface, it won’t connect to any liquidity pools. Any attempt to swap tokens will fail or result in lost funds. There is no active smart contract supporting trades.

What are the best alternatives to ApeSwap (Arbitrum)?

The top alternatives are Uniswap (best overall), Trader Joe (best for rewards), and Curve Finance (best for stablecoins). All have high liquidity, active teams, and verified smart contracts on Arbitrum.

Is ApeSwap (Arbitrum) safe to use?

No. A dead DEX poses extreme security risks. Without active developers, smart contracts can be exploited. There’s no insurance, no audits, and no way to recover lost funds. Never connect your wallet to ApeSwap (Arbitrum).

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about author

Aaron ngetich

Aaron ngetich

I'm a blockchain analyst and cryptocurrency educator based in Perth. I research DeFi protocols and layer-1 ecosystems and write practical pieces on coins, exchanges, and airdrops. I also advise Web3 startups and enjoy translating complex tokenomics into clear insights.

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