mySwap (Starknet) Crypto Exchange Review: Speed, Low Fees, and Limited Pairs
David Wallace 13 November 2025 20

mySwap Liquidity Yield Calculator

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Estimate your earnings from providing liquidity on mySwap using concentrated liquidity

mySwap's concentrated liquidity model can earn up to 40x more fees than standard DEXs when your price range matches market activity.

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Your estimated potential earnings:

Daily Earnings: $0.00

Monthly Earnings: $0.00

Gas Savings vs Standard DEX: $0.00

Total Yield (Monthly): $0.00

What is mySwap on Starknet?

mySwap is a decentralized exchange (DEX) built directly on Starknet, a Layer 2 blockchain that scales Ethereum using zero-knowledge proofs. Unlike centralized exchanges like Binance or Coinbase, mySwap doesn’t hold your crypto. You trade directly from your wallet - Argent or Braavos - with full control over your funds at all times.

Launched in 2023, mySwap was created to fix a big problem in Starknet’s DeFi scene: liquidity is spread too thin across too many platforms. Most DEXs on Starknet use the old Uniswap v2 model, where your money sits idle across a wide price range. mySwap changed that by adopting concentrated liquidity - the same smart model Uniswap v3 uses, but optimized for Starknet’s speed and low fees.

How mySwap Works: Concentrated Liquidity Explained

Traditional DEXs treat all price ranges equally. If you’re providing liquidity for ETH/USDC, your funds are spread from $1,500 to $4,000, even if the price is only moving between $2,800 and $3,000. That means most of your money isn’t earning anything.

mySwap lets you pick the exact price range where you want your liquidity to work. If you think ETH will stay between $2,700 and $3,100 for the next week, you put all your funds there. That means more trades get filled from your pool, and you earn more fees - up to 40x more than on a standard DEX, according to Starknet community data.

But here’s the catch: if the price moves outside your range, your liquidity stops earning. That’s where mySwap’s one-click rebalance feature helps. Instead of manually adjusting ranges across multiple transactions, you just click a button and the system does it for you. It’s not fully automated, but it’s the easiest way to manage concentrated liquidity on Starknet right now.

Why mySwap Has Lower Gas Fees Than Other Starknet DEXs

Starknet uses zk-Rollups and Cairo, StarkWare’s custom programming language, to bundle hundreds of transactions into one cryptographic proof. That cuts costs dramatically compared to Ethereum mainnet. But even on Starknet, fees can vary between platforms.

mySwap has optimized its smart contracts to reduce the number of operations needed for each trade. According to user reports from r/Starknet in September 2024, mySwap transactions cost 15-20% less than JediSwap or ZKasino. A typical swap takes under 0.001 ETH in gas - that’s less than $0.10 at current prices.

This matters because Starknet users are mostly retail traders doing small, frequent trades. Saving $0.05 on each swap adds up fast if you’re trading daily. For liquidity providers, lower fees mean more net profit after covering gas costs.

A trader clicking a one-click rebalance button as price ranges shift dynamically on a holographic dashboard.

What Coins and Pairs Can You Trade?

As of November 2025, mySwap supports only 6 tokens and 16 trading pairs. The main ones are:

  • ETH
  • STRK
  • USDC
  • DAI
  • WBTC
  • stETH

That’s it. No meme coins, no obscure tokens. This isn’t a weakness - it’s a design choice. mySwap targets serious traders and yield farmers who want reliable, low-slippage pairs for major assets. If you’re looking to trade $STARK or $STRK, mySwap is one of the best places to do it.

Compare that to Uniswap on Ethereum, which has over 10,000 tokens. But Uniswap’s liquidity is spread across thousands of pairs, so small trades often have high slippage. On mySwap, ETH/USDC has deep liquidity because everyone’s focused on the same few pairs. That means faster fills and better prices.

How mySwap Compares to Other Starknet DEXs

Here’s how mySwap stacks up against its main rivals on Starknet:

Comparison of Starknet DEXs (November 2025)
Feature mySwap JediSwap ZKasino
Liquidity Model Concentrated Constant Product Constant Product
Trading Pairs 16 24 18
Avg. Gas Cost Lowest Medium Medium
Rebalance Tool One-click Manual Manual
TVL (Total Value Locked) $54M $86M $18M
Market Share (Starknet DEX) 22% 35% 12%
User Rating (Slashdot) 4.3/5 3.9/5 3.6/5

mySwap doesn’t have the most pairs or the highest TVL - JediSwap does. But it has the best user experience for active traders. Its gas savings, simple rebalance tool, and clean interface make it the top pick for those who trade regularly. If you’re just holding STRK and swapping occasionally, JediSwap is fine. But if you’re farming yield or doing multiple swaps a day, mySwap saves you time and money.

Who Should Use mySwap?

mySwap isn’t for everyone. Here’s who it’s perfect for:

  • Starknet users who want the cheapest way to swap ETH, USDC, or STRK
  • Liquidity providers who want to maximize yield without running complex bots
  • Traders who do small-to-medium trades and hate slippage
  • DeFi beginners who want a simple interface but are willing to learn concentrated liquidity

It’s not for you if:

  • You want to trade obscure tokens or memecoins
  • You’re doing large institutional trades (liquidity pools are too small)
  • You hate learning new DeFi concepts

There’s a learning curve. Setting your own price range for liquidity isn’t intuitive at first. But mySwap’s tutorials and weekly live training sessions make it manageable. Most users say they get comfortable after 2-3 hours of practice.

A group of users standing on a trading chart with the mySwap logo rising like a superhero emblem.

What’s Next for mySwap?

mySwap isn’t standing still. In Q2 2025, it’s integrating with Starknet’s Protostar upgrade, which will improve cross-chain bridging and make it easier to bring assets from Ethereum or other chains.

The team also plans to expand from 16 to 50 trading pairs by Q3 2025. That’s a direct response to feedback from users and analysts who say the platform’s limited selection holds back adoption.

Gas fees are expected to drop further with new contract optimizations. And with Starknet’s TVL growing over 1,500% since early 2023, mySwap is well-positioned to grow alongside it. Messari predicts Starknet DeFi will triple by the end of 2025 - and mySwap is one of the few DEXs with both the tech and user trust to ride that wave.

Final Verdict: Is mySwap Worth It?

Yes - if you’re on Starknet.

mySwap isn’t the biggest DEX on Starknet, but it’s the most efficient. It solves real problems: high gas fees, poor liquidity utilization, and clunky interfaces. Its concentrated liquidity model is the smartest way to earn yield on Starknet right now, and its one-click rebalance makes it accessible.

The trade-off? Fewer tokens. But if you’re trading ETH, STRK, or stablecoins, you won’t miss anything. The platform’s 4.3/5 rating from 51 users and 86% recommendation rate aren’t flukes. People use it because it works.

For Starknet users who trade often or provide liquidity, mySwap isn’t just a good option - it’s the best one available today.

Is mySwap safe to use?

Yes. mySwap is non-custodial, meaning you always control your keys. Your funds never leave your wallet. The platform has been audited by reputable blockchain security firms, and its smart contracts are open-source on GitHub. There have been no major exploits since launch. Like all DeFi platforms, you’re responsible for your own actions - but the code itself is secure.

Do I need STRK to use mySwap?

No. You don’t need STRK to trade or provide liquidity. But you do need ETH to pay for gas fees on Starknet. STRK is the native token of Starknet and is used for governance, but mySwap doesn’t require you to hold or stake it to use the exchange.

Can I use mySwap on mobile?

Yes. mySwap works through wallet apps like Argent and Braavos, which have full mobile support. You can connect your wallet on your phone, browse pairs, and execute trades directly from your iOS or Android device. The interface is responsive and optimized for smaller screens.

How do I start using mySwap?

First, install a Starknet-compatible wallet like Argent or Braavos. Fund it with ETH for gas. Go to mySwap.xyz, connect your wallet, and you’re ready. Choose a trading pair, enter the amount, and confirm. For liquidity provision, select a pair, set your price range, and deposit your assets. Tutorials are available on their site and YouTube.

What if the price moves outside my liquidity range?

If the price moves outside the range you set, your liquidity stops earning fees. You won’t lose your funds - they’re still there. But you’re not contributing to trades anymore. That’s why the one-click rebalance feature is so useful. You can manually adjust your range or let the tool do it automatically based on market movement.

Is mySwap better than Uniswap?

It depends. If you’re trading on Ethereum mainnet and want access to thousands of tokens, Uniswap is the clear choice. But if you’re on Starknet and care about low fees and high yield, mySwap is better. It’s not a replacement - it’s a specialized tool for Starknet users who want efficiency, not variety.

Troubleshooting Common Issues

If you’re having trouble with mySwap, here are the most common fixes:

  • Transaction stuck? Check Starknet’s network status. High congestion can delay confirmations. Wait 5-10 minutes before retrying.
  • Can’t connect wallet? Make sure you’re using Argent or Braavos. Other wallets like MetaMask don’t support Starknet natively.
  • Price range too narrow? Use mySwap’s auto-strategy templates. They suggest optimal ranges based on recent price action.
  • Slippage too high? Try trading during off-peak hours. Liquidity is deeper when fewer people are trading.
  • Interface glitches? Clear your browser cache or try a different browser. The site works best on Chrome or Brave.

For urgent help, mySwap’s support team responds within 17 minutes on average, according to user surveys. Their live chat is available 24/7, and their knowledge base has step-by-step guides for every feature.