Token Risk Checker
FibSWAP DEx (FIBO) Risk Assessment Tool
This tool analyzes key risk indicators for cryptocurrency tokens. Enter data for the token you're evaluating and see if it matches the red flags discussed in the article.
Token Risk Assessment
There are thousands of crypto tokens out there. Most fade away quietly. A few get noticed. And then there’s FibSWAP DEx (FIBO) - a token that claims to be the future of cross-chain trading but shows up in the data like a ghost.
What FibSWAP DEx (FIBO) Actually Is
FibSWAP DEx (FIBO) is a token launched in 2021 that says it’s a decentralized exchange (DEX) built on the BNB Smart Chain. It promises something big: the ability to swap tokens between different blockchains - like Ethereum to Solana - without needing a centralized middleman. That’s the same promise made by bigger projects like THORSwap and Multichain. But unlike them, FibSWAP DEx doesn’t have the code, the audits, or the users to back it up.
The token itself is a BEP-20 token, meaning it only works on Binance’s blockchain. Despite claims of being a "multichain" solution, there’s zero public proof it can connect to any chain outside BNB Smart Chain. Its so-called "Interoperable Multichain Bridge System" (IMBS) and "FibSwapSmart algorithm" sound technical, but no whitepaper, no GitHub repo, and no technical documentation exist to explain how they actually work.
The Numbers Don’t Lie - FIBO Has Zero Trading Volume
Let’s look at the facts from November 2025:
- Trading volume: $0 on Coinbase, CoinMarketCap, and Symlix
- Market cap: $18,820 (CoinMarketCap)
- Price: $0.001440 (CoinGecko) - down over 99% from its all-time high
- 24-hour price change: -3.88%
- Number of holders: 1,490 wallets
- Top 10 wallets hold 87.3% of all FIBO tokens
Compare that to Uniswap, which traded $28.7 billion in Q3 2025. Or even PancakeSwap, which still moves $1.2 billion in 24 hours. FibSWAP DEx isn’t just small - it’s invisible in the market. No one is buying it. No one is selling it. It’s not a liquidity pool. It’s a placeholder.
No Audits. No Transparency. No Trust
Legitimate DeFi projects get audited. By firms like CertiK, OpenZeppelin, or PeckShield. These audits are public. They’re checked. They’re trusted.
FibSWAP DEx has none.
The project claims "various companies commissioned several audits," but won’t name a single one. No audit reports are published. No GitHub commits have happened since June 2022. The official website hasn’t been updated since March 2022. The contact form returns a 404 error. There’s no Telegram. No Discord. No Twitter engagement beyond 87 followers.
DeFi researcher Hasu called projects like this "vaporware." Crypto analyst Chris Burniske said legitimate cross-chain tech needs "substantial cryptographic research," not marketing buzzwords. FibSWAP DEx has none of that.
Who Holds FIBO? And Why?
With 87.3% of the supply in just 10 wallets, this isn’t a decentralized exchange. It’s a concentrated dump.
That kind of ownership pattern is a classic red flag. It means a small group controls the token. They can pump it with fake volume, then sell it all at once - leaving everyone else holding worthless coins. That’s called a "pump and dump." And the data suggests this token has already been dumped.
On the Symlix P2P marketplace, there are three active offers. All for under $150 total. That’s not a market. That’s a garage sale.
How to Buy FIBO - If You Really Want To
You can’t buy FIBO on Binance, Coinbase, Kraken, or any major exchange. It’s not listed anywhere.
The only way to get it is through the Binance Web3 Wallet. And even that’s a pain. You need to:
- Connect your wallet
- Manually add the BNB Smart Chain RPC
- Input the FIBO contract address (which changes if the site gets hacked)
- Confirm the token symbol and decimals
- Swap BNB for FIBO using a decentralized swap interface
- Wait for confirmation (which can take minutes)
- Hope the token doesn’t vanish tomorrow
That’s a 7-step process for a token that does nothing better than Uniswap or PancakeSwap - which work with one click. Why would anyone go through this?
Why This Token Exists - And Why It Won’t Last
FibSWAP DEx doesn’t solve a problem. It creates one.
It’s not a product. It’s a speculative bet - likely created to attract early buyers with promises of "revolutionary tech" and "huge future gains." Then, when the price pumps a little, the creators cash out. The token dies. The website goes dark. The team disappears.
This pattern repeats every day in crypto. Thousands of tokens launch. Few survive. FIBO is one of the ones that didn’t.
ScamAdviser gives it a 9.7/10 risk score. TokenSniffer gives it 98/100. Both flag it for high risk: no audits, no transparency, concentrated supply, zero activity.
Crypto analyst Wendy O analyzed 1,247 similar tokens. Her conclusion? "Tokens with zero volume, no audits, and no updates for three years have a 99.8% failure rate."
What to Do Instead
If you want to trade tokens across chains, use proven platforms:
- THORSwap - Live since 2021, $142M market cap, audited, real cross-chain liquidity
- Multichain - Used by major protocols, $89M market cap, transparent bridges
- PancakeSwap - Built on BNB Smart Chain, $1.2B daily volume, trusted by millions
- Uniswap - The original DEX, still the largest by far
These projects have code you can review. Audits you can read. Communities you can join. Support you can ask for.
FibSWAP DEx has none of that.
Final Verdict: Don’t Touch FIBO
FibSWAP DEx (FIBO) isn’t a crypto innovation. It’s a cautionary tale.
It’s a token with no volume, no audits, no updates, no team presence, and no real utility. It’s built on hype, not code. It’s held by insiders, not users. And it’s been dead in the water for over three years.
If you’re looking to invest in DeFi, look at projects with real activity, real transparency, and real history. FIBO doesn’t meet any of those criteria.
Don’t buy it. Don’t trade it. Don’t even add it to your wallet. It’s not worth the gas fee.
Is FibSWAP DEx (FIBO) listed on Binance?
No, FibSWAP DEx (FIBO) is not listed on Binance or any major centralized exchange. It can only be accessed through decentralized wallets like Binance Web3 Wallet, and even then, it requires manual contract entry and carries high risk.
Does FibSWAP DEx actually swap tokens between blockchains?
No, there is no verifiable evidence that FibSWAP DEx can swap tokens across blockchains. Despite claims about its "Interoperable Multichain Bridge System," all on-chain data shows it operates only on BNB Smart Chain. No cross-chain transactions have been confirmed by blockchain explorers or independent analysts.
Why is the trading volume $0 for FIBO?
The trading volume is $0 because no one is actively buying or selling FIBO. The token has no liquidity, no market demand, and no reason for traders to use it. With 87% of supply held by 10 wallets, the token is likely controlled by insiders who stopped moving it after an early pump.
Are there any audits for FibSWAP DEx?
No. No reputable blockchain security firm - like CertiK, PeckShield, or OpenZeppelin - has published an audit for FibSWAP DEx. The project claims "several companies" performed audits, but provides no names, reports, or links. This lack of transparency is a major red flag in DeFi.
Can I make money trading FIBO?
Technically, yes - if you buy at the absolute bottom and sell before it disappears. But statistically, the odds are near zero. With zero trading volume, no updates since 2022, and a 99.8% failure rate for similar tokens, FIBO is far more likely to lose all value than to rebound. Most investors who touch it lose money.
Is FibSWAP DEx a scam?
It fits the profile of a scam or vaporware project: no code, no audits, no team, no updates, zero volume, and extreme wallet concentration. While not legally proven as fraud, it has all the hallmarks of a token designed to attract early buyers and then vanish. Crypto watchdogs like ScamAdviser and TokenSniffer rate it as high risk.
What should I do if I already own FIBO?
If you own FIBO, do not add more. Consider selling what you have - even if it’s at a loss - to avoid being stuck with a completely illiquid asset. There’s no support, no roadmap, and no chance of recovery. Holding it longer won’t make it valuable. It will just tie up your wallet and risk exposure to potential smart contract exploits.
Jenny Charland
November 24, 2025 AT 03:49Dave Sorrell
November 24, 2025 AT 10:01preet kaur
November 25, 2025 AT 16:23Emily Michaelson
November 26, 2025 AT 05:23Amanda Cheyne
November 27, 2025 AT 07:03Anne Jackson
November 28, 2025 AT 12:20David Hardy
November 29, 2025 AT 06:31