The zero-fee stablecoin DEX | Live on @solana, @base, @HyperliquidX, @plasma, @stable, @SuiNetwork, @cardano, and @trondao
Joined November 2025
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Novaswap is shutting down. Read details below:
Unfortunately we have to share very bad news.
Three years ago, we set out on the ambitious task of building a more secure cross-chain interoperability protocol. We were successful in that mission. Our spin-off product, @Novaswap, has received a lot of positive feedback from users, and we're proud to have built a reliable system that facilitates cross-chain swaps in a matter of seconds. We released many features designed to make cross-chain interaction easier, safer, and more seamless.
Our core thesis was that the market would place significant value on a fast and secure cross-chain experience. That thesis was shaped by a reality we continued to see across the industry: cross-chain systems are frequent targets for major security exploits, and several large competitors experienced serious vulnerabilities while we operated.
While we're proud of the protocol's security and features, usage hasn't reached the level required to sustainably operate and continue expanding.
We've explored many possibilities to continue providing this service to the community. After reviewing the available paths forward, we'll be unable to maintain the pace of innovation we've committed to in the past, and we'll be unable to expand across more blockchains.
As such, we've reached the very difficult decision to wind down operations. We'll be discontinuing our hosted infrastructure that makes Novaswap functional.
By June 30th 11pm UTC, we'll cease all operations. All user funds will remain safe and non-custodial. No user action is required. Swaps will continue to be processed up until this time. If there are any issues, our team remains available to support you via our Discord through to the end of July.
We want to sincerely thank everyone who joined us on this journey and everyone who believed in what we were building. We know this is hard news, especially for those who supported us along the way. We're deeply grateful for that support, and proud of what we built together.
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In the beginning people questioned us why we wanted to make a more secure version of THORChain
We never wished for THORChain to be compromised. But we saw the risks and wanted to build a more secure alternative
We reported a critical loss of funds bug to @Thorchain (32M TVL, 150M FDV)
They silently patched it and told us their bug bounty program is permanently retired.
We have more Thorchain chain halt DoS vulns. We intend to release them (open disclosure) in the coming few days
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If you need USDCx, Novaswap has you covered 😎
May 15
Where is Cardano and USDCx?
You said any chain...
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Only 6 days left on the NovaPass campaign ⌛️
If you haven't started yet, now's a good time ↓
Introducing the NovaPass
10 day campaign
Refer 10 people Do a swap
Earn a NovaPass NFT worth 1,500 points
Bonus: All swaps earn 2x points for 10 days
🎫 Only 200 passes exist
Link in next tweet↓
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Novaswap is now tracked on @DefiLlama.
Volume, transactions, and protocol data, all publicly verifiable across 12 chains.
Check it out ↓
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Link to Novaswap Zealy questboard: zealy.io/cw/novaswap/questbo…
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