Linkswap Crypto Exchange Review: Why It Shut Down and What Happened to Your Funds
Linkswap was a short-lived DeFi exchange that shut down in 2022. This review explains why it failed, what happened to user funds, and what to use instead in 2025.
When you hear Linkswap, a decentralized exchange built for simple, low-cost token swaps. Also known as a DEX, it lets you trade crypto directly from your wallet—no middleman, no account, no KYC. But not all DEXes are built the same. Linkswap isn’t Uniswap. It’s not Curve. It’s a smaller, niche platform that appeals to users who want speed over scale. And that’s where things get tricky.
Linkswap operates on Polygon, a blockchain optimized for low-fee transactions and fast confirmations, which makes it attractive for traders tired of Ethereum gas fees. But here’s the catch: low fees don’t mean low risk. Many DEXes like Linkswap rely on liquidity pools, crowdsourced funds that enable trading between tokens. If the pool is thin, your trade gets slippage. If the pool is abandoned, your tokens get stuck. And if the project has no team, no audit, and no community? You’re trading on faith alone.
Look at the posts below. You’ll see similar platforms—Libre Swap, Polycat Finance, OpenSwap—all built on lesser-known chains with tiny trading volumes. They’re not scams by design, but they’re not safe by default either. These are tools for tinkerers, not investors. Linkswap fits right in. It’s not for buying and holding. It’s for testing, experimenting, or swapping a token you can’t find elsewhere. If you’re using it to move $50 of a new meme coin? Fine. If you’re putting in $5,000? You’re playing Russian roulette with your private keys.
What you’ll find in this collection isn’t a glowing endorsement. It’s a reality check. Real reviews from real users who’ve tried these platforms. You’ll see what happens when liquidity dries up. When token prices crash. When the devs disappear. And when the only thing left is a blockchain transaction that can’t be undone.
Linkswap was a short-lived DeFi exchange that shut down in 2022. This review explains why it failed, what happened to user funds, and what to use instead in 2025.