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Decentralized exchange

KyberSwap

An aggregator that splits your trade across many venues to find a better rate.

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By the Orca Crypto teamUpdated 2026-09-28How we check this5 min read
The short answer

An aggregator that splits your trade across many venues to find a better rate. KyberSwap routes a single swap through several pools at once. On larger trades the routing difference can be worth real money.

What it is

KyberSwap routes a single swap through several pools at once. On larger trades the routing difference can be worth real money.

PropertyDetail
Launched2018
ModelAggregator plus elastic and classic pools
ChainsEthereum, Arbitrum, Base, Optimism, Polygon, BNB Chain and more
CustodySelf custody. Your funds never leave your wallet until the swap executes
Account requiredNone. You connect a wallet

The KNC token

LiveCoinGecko
Price
$0.1363
-3.99% 24h
Market cap
$28.54M
24h volume
$2.05M
Rank
#736

Prices as of September 29, 2026, replaced by live figures as the page loads. Prices move constantly and are for orientation only.

A governance token is not the exchange, and holding one is not required to use the other.

Using it safely

  1. Reach it from a bookmark

    Type the address or use a saved bookmark. Fake front ends served through search ads are the single most common way wallets get drained.

  2. Check the network

    Your wallet and the site must be on the same chain, or your balance will appear to be zero.

  3. Verify the token contract

    For anything other than a household name, paste the contract address from an official source rather than picking from a search list.

  4. Set slippage tight

    0.1 to 0.5 percent on major pairs. If a token demands far more, that is information about the token.

  5. Approve the exact amount

    Avoid unlimited approvals where the interface lets you choose. Review old ones periodically.

  6. Read the transaction on an explorer

    Every time, at first. It builds the instinct that catches problems later.

What it costs

Two separate costs apply to every swap, and beginners often only notice one.

  • The pool fee, typically 0.01 to 1 percent depending on the pair and the tier. This goes to liquidity providers.
  • Network gas, which depends entirely on which chain you are on and has nothing to do with the DEX.

On Ethereum mainnet gas usually dominates. On Base or Solana it effectively disappears, and the pool fee is the whole cost.

Honest risk assessment

  • Smart contract risk. Even audited, heavily used contracts have been exploited before.
  • You are responsible for every approval you grant, and they persist until revoked.
  • There is no support, no reversal and no recovery for a mistake.
  • Prices come from pools, so thin liquidity means severe price impact on larger trades.
  • Anyone can list any token. A matching name and logo proves nothing.

Other places to make the same trade

Routing differs, fees differ, and the pool you get filled from differs. These cover the same ground.

Where to go next

First time on KyberSwap?

We can walk through it live, on a cheap network, so the first swap you do alone is actually your second.

Common questions

Is KyberSwap an exchange or an aggregator?
Both. It runs its own pools and it also routes across other venues, splitting a trade to find a better overall rate than any single pool would give.
Does splitting a trade cost more gas?
Yes, because more pools are touched. On a cheap chain the better price usually wins comfortably; on Ethereum mainnet a small trade can lose the saving to gas.
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