Bitgert (BRISE) Crypto Exchange Review - Is It Worth Trading?
A detailed Bitgert (BRISE) crypto exchange review covering fees, security, liquidity, support, and who should use it, clearing up the Sphynx Labs confusion.
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Compare key metrics to understand why TomoDEX failed and which DEXs to use today.
| Feature | TomoDEX Defunct |
Uniswap | PancakeSwap | dYdX | Sushiswap |
|---|---|---|---|---|---|
| Trading Pairs | 0 | 3,712 | 1,029 | ≈ 200 | 2,300+ |
| 24h Volume | $0.00 | ≈ $2.4B | ≈ $950M | ≈ $180M | ≈ $400M |
| Liquidity Source | None (defunct) | AMM pools | AMM pools | Order-book | AMM pools |
| Deposit Fees | 0.004 BTC, 0.97 USDT, 0.003 ETH, 1 TOMO | $0.00 - $0.50 | $0.00 - $0.75 | $0.00 - $1.25 | $0.00 - $0.50 |
| User Experience | 45+ min setup, 68% wallet failures | 2-5 min setup, <10% failures | 3-7 min setup, <15% failures | 5-10 min setup, <5% failures | 3-8 min setup, <12% failures |
| Regulatory Compliance | None | None (global) | None (BSC) | None (global) | None (multi-chain) |
| Status | Defunct (since 2023) | Active | Active | Active | Active |
Ever wondered if the once‑buzzed‑about TomoDEX review still matters today? When TomoDEX launched in 2020, it promised a non‑custodial DEX with built‑in peer‑to‑peer lending on the TomoChain ecosystem. Fast‑forward to October 2025, and the platform sits silent, marked as dead by multiple trackers. This article walks you through what TomoDEX was, how it worked, why it faded, and what you should consider before even thinking about using it now.
TomoDEX is a decentralized cryptocurrency exchange built on the TomoChain blockchain. Launched by TomoChain Pte. Ltd. in 2020, it marketed itself as the first DEX powered by the TomoX protocol - a suite of smart‑contract modules that handle spot trading, order matching, and P2P lending. The platform’s core promise was non‑custodial control: users kept their private keys in wallets rather than handing them to a central server.
At a high level, TomoDEX combined three typical DEX components:
The collateral system accepted three assets: TOMO (the native token), ETH, and BTC. Loans were issued in USDT, meaning a user could lock TOMO, ETH, or BTC and borrow stablecoins at a market‑determined rate.
Fees were transparent on the public fee schedule: depositing required 0.004 BTC, 0.97 USDT, 0.003 ETH, or 1 TOMO; withdrawals were free for USDT, ETH, and BTC but cost 1 TOMO or TOMOB for token withdrawals.
Liquidity is the lifeblood of any exchange. TomoDEX never achieved depth comparable to leading DEXs. By 2025, CoinGecko recorded zero listed coins and zero trading pairs, with a 24‑hour volume of $0.00.
| Exchange | Trading Pairs | 24‑h Volume (USD) | Liquidity Source |
|---|---|---|---|
| TomoDEX | 0 | 0.00 | None (defunct) |
| Uniswap | 3,712 | ≈ $2.4 B | AMM pools |
| PancakeSwap | 1,029 | ≈ $950 M | AMM pools |
| dYdX | ≈ 200 | ≈ $180 M | Order‑book |
Even at its peak in Q3 2020, TomoDEX captured only about 0.03 % of total DEX volume, far behind Uniswap’s 52 % share.
Getting started required about 45 minutes for a complete beginner to connect a wallet and place a trade, according to a 2020 TomoChain Academy tutorial. The process was smoother than most order‑book DEXs but still demanded familiarity with blockchain transactions.
Beyond the time investment, users ran into recurring pain points:
Positive feedback was scarce. Early adopters praised the 30‑day lending option at ~12 % APY, but those experiences vanished as liquidity dried up.
Being non‑custodial, TomoDEX didn’t hold user funds, which in theory reduces hack risk. However, the platform’s smart‑contract code was never audited by a top‑tier firm, leaving loopholes that could be exploited. Moreover, TomoDEX operated from a Singapore‑registered company but offered no clear regulatory licensing, a red flag as global crypto rules tightened in 2021‑2022.
When the exchange went offline, scammers sprang up with look‑alike domains (e.g., Tomodex.top) to phish unsuspecting users. MalwareTips warned about these fraudulent sites in mid‑2023.
Multiple trackers-Cryptowisser, CoinGecko, and The Block-list TomoDEX as dead. The last known activity was a Chainlink oracle integration announcement in December 2021, followed by a silent period. No roadmap updates have been posted since mid‑2022, and the official Twitter account has been idle since October 2022.
Given zero trading pairs, no active community, and a 2 % “recovery probability” per CoinDesk’s Deceased Crypto Projects database, the realistic chance of revival is near‑nil.
Short answer: No.
If you still own TOMO or have assets locked on the platform, consider withdrawing immediately-if the site becomes reachable again-or move them to a reputable wallet. For any new trading or lending activity, turn to active DEXs that offer deep liquidity, audited smart contracts, and responsive support.
All these platforms are actively maintained, have clear fee structures, and host vibrant support channels.
No. As of 2025, TomoDEX shows zero trading pairs and $0 volume. Major trackers list it as defunct.
If the website becomes reachable again, you can try a standard withdrawal using the same wallet you deposited with. Otherwise, the funds may be unrecoverable.
TomoDEX used an order‑book model and embedded P2P lending, while Uniswap is a pure automated market maker (AMM) with liquidity pools. Uniswap’s liquidity is far deeper.
Deposits cost 0.004 BTC, 0.97 USDT, 0.003 ETH, or 1 TOMO. Withdrawals were free for USDT, ETH, and BTC but required 1 TOMO for token withdrawals.
The TomoX smart‑contract suite remains on the TomoChain blockchain, but without an active DEX front‑end, developers must build their own interfaces to leverage it.
TomoDEX? Bro, that thing died before I even got my first crypto. Why even talk about it?
Oh sweetie, you’re still clinging to TomoDEX like it’s a vintage NFT? Honey, the only thing more dead than that platform is my will to live after seeing its UI. Uniswap’s been serving five-course crypto meals while TomoDEX was still trying to figure out how to boil water. 😅
It’s sad when projects like this fade away - they had potential. But honestly, it’s a good reminder to always check if a platform is still active before depositing anything. Better safe than sorry! 💪
Let’s be real - TomoDEX was a dumpster fire wrapped in a whitepaper. Non-custodial? Sure, if you consider ‘losing your funds because the devs ghosted’ as a feature. The fee structure was a scam disguised as transparency. And that ‘P2P lending’? More like P2P ‘hope you don’t need your money back’. If you used this, you deserve what happened. No sympathy.
There’s something poetic about TomoDEX’s demise. It wasn’t just a failed product - it was a mirror. We wanted decentralization without the work. We wanted lending without liquidity. We wanted innovation without community. It didn’t die because of bad code. It died because we stopped believing in it. And maybe, just maybe, that’s the real lesson here.
Thanks for laying this out so clearly. I remember trying to use it back in ‘21 - the wallet connection kept failing and I just gave up. I’m glad someone documented this. For anyone reading: if it’s silent for over a year, walk away. No amount of nostalgia is worth your crypto.
Let’s cut the BS - TomoDEX was a regulatory avoidance scheme masquerading as DeFi. Singapore registration? Please. No license, no audit, no team updates, no liquidity - just a shiny whitepaper and a Twitter account that stopped posting when the SEC started asking questions. Classic rug pull architecture. And now people still wonder why crypto gets a bad name? This is why.
TomoDEX gone but the lesson remains. Always check the last commit. Always check the team. Always check the volume. No exceptions.
Did you ever think TomoDEX wasn’t dead? That it was quietly absorbed by a shadowy consortium to bury the TomoChain blockchain’s true purpose? The silence… the lack of updates… the zero volume… it’s too clean. They didn’t shut it down - they buried it. And now they’re using your fear of failure to push you into Uniswap. Wake up. The real DEX isn’t on-chain - it’s in the shadows.
Hey everyone - I know it’s easy to trash old projects but seriously, if you lost money on TomoDEX, don’t beat yourself up. We all learn the hard way. The good news? You’re here now, reading this, and that means you’re ready for the real stuff. Uniswap, dYdX, PancakeSwap - they’re alive, they’re loud, and they’re waiting for you. You got this 💪 Let’s keep moving forward!
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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