Nov 17, 2025
Ebi.xyz Crypto Exchange Review: High-Risk Meme Coin DEX with Telegram Integration

Meme Coin Shorting Risk Calculator

Ebi.xyz Risk Assessment

Warning: Shorting meme coins is extremely high risk. Meme coins can crash or surge unpredictably. This tool calculates potential outcomes but does not guarantee results. Always trade with money you can afford to lose.

This calculator estimates potential gains and losses from shorting meme coins on Ebi.xyz's FUD Market using perpetual futures. Remember: the higher the leverage, the greater the risk of liquidation.

Margin Required

$0.00

Potential Profit

$0.00

Potential Loss

$0.00

Risk Level

Low

Important: This tool assumes 100% success on price movement. In reality, meme coins can be extremely volatile. Always consider that liquidation is possible if price moves against your position.

When you hear about a crypto exchange that lets you short meme coins with no KYC, integrates directly with Telegram, and gained 145,000 new users in under a week, it’s hard not to pay attention. But Ebi.xyz isn’t just another new platform-it’s a high-stakes gamble wrapped in hype. Built on Arbitrum Orbit as an Ethereum Layer 2, Ebi.xyz positions itself as a non-custodial decentralized exchange focused on perpetual futures, especially for the wild world of meme coins. It sounds like a dream for traders tired of centralized exchanges holding their funds. But beneath the flashy integrations and viral airdrops lies a murky reality.

What Ebi.xyz Actually Does

Ebi.xyz isn’t a typical DEX like Uniswap. Most decentralized exchanges use automated market makers (AMMs), where liquidity pools set prices. Ebi.xyz uses a limit order book-the same system you’d find on Binance or Coinbase. That’s a big deal. If you’ve traded on a centralized exchange before, the interface will feel familiar. You set your buy or sell price, and orders match up. No slippage from liquidity pools. No impermanent loss. Just direct order matching, all on-chain and non-custodial.

Its real innovation is the FUD Market. Launched in September 2024, this is the first perpetual futures market built to short meme coins only. Think of it as a betting platform for when a Pump.fun or Sunpump token crashes. Since over 1.9 million meme tokens have been created since Pump.fun launched, and fewer than 100,000 have survived, there’s a real demand for a way to profit from their failure. Ebi.xyz lets you do exactly that-without owning the token.

It’s not just trading. Ebi.xyz has a points system that rewards you for trading, referring friends, and engaging on social media. Leaderboards are coming. It’s designed to feel like a game-which is exactly what many meme coin traders want.

Telegram Integration: The Secret Weapon

The biggest reason Ebi.xyz blew up in late 2024? Telegram. It’s the first DEX to fully integrate with Telegram’s HOT Wallet. That means you can open an account, deposit crypto, and start trading-all inside the Telegram app. No need to connect a MetaMask wallet. No gas fee headaches. No browser extensions. Just tap, trade, and earn.

This integration is genius for one group: Telegram users who play games like Hamster Kombat. Ebi.xyz offers exclusive airdrops to Hamster Kombat players. You can claim your $HOT tokens, convert them to USDT, and trade them-all without ever submitting KYC documents. For privacy-focused traders, especially in regions with strict crypto regulations, that’s gold.

The Dark Side: Trust, Security, and Red Flags

Here’s where things get ugly.

ScamAdviser gives Ebi.xyz a very low trust score. It flagged the site as possible malware, identified by Gridinsoft. The domain owner hides their identity on WHOIS-a major red flag in crypto. Legitimate projects don’t hide who’s behind them. If you can’t name the team, you can’t hold anyone accountable.

Traders Union, a review platform that aggregates user complaints, gave Ebi.xyz a 0.7 out of 5. They cite poor user feedback, low engagement, and unresolved support issues. That’s not just bad-it’s dangerous. If something goes wrong with your trade, who do you call? There’s no customer service number. No live chat. No public team members.

And yet, the platform claims over 145,000 new accounts in one week. How? Because the hype machine is working. Hamster Kombat’s YouTube channel (with 125,000 subscribers) promotes Ebi.xyz as user-friendly and rewarding. But those are promotional videos-not independent reviews.

Even the SSL certificate is valid. That doesn’t mean it’s safe. Scammers use SSL all the time. It just means the connection is encrypted. It doesn’t mean the platform isn’t a front.

Chibi characters celebrating a meme coin crash on a game-like FUD Market leaderboard

Who Should Use Ebi.xyz?

If you’re an experienced trader who understands perpetual futures, knows how to manage private keys, and is comfortable with high-risk, high-volatility assets-Ebi.xyz might be worth exploring. The FUD Market is unique. The Telegram integration is smooth. And if you’re already in the Hamster Kombat ecosystem, the airdrops are real.

But if you’re new to crypto? Stay away. You don’t need to be a genius to lose money here. Meme coins are gambling. Perpetual futures amplify losses. And without KYC, there’s no recourse if your funds vanish.

Compare it to dYdX or GMX. Those platforms have been around for years. They’ve processed trillions in volume. They have transparent teams, public audits, and established support. Ebi.xyz has a domain registered in 2021 and a viral marketing campaign. That’s not a track record-that’s a gamble.

Is Ebi.xyz a Scam?

It’s not clearly a scam. The blockchain is real. Trades are executed on Arbitrum Orbit. You can withdraw your funds. The code isn’t obviously malicious.

But it’s also not a trustworthy exchange. It’s a high-risk experiment. It thrives on anonymity, hype, and the desperation of traders chasing quick wins. It’s built for short-term speculation, not long-term holding.

Industry analysts at Messari point out that DEXs under five years old have a 78% failure rate during volatile markets. Ebi.xyz is barely three years old. It’s riding a wave of meme coin mania and Telegram growth. When that wave crashes-and it will-will you be able to get your money out?

Trader at edge of crumbling platform pulled toward meme coin vortex with safe DEXs behind

How It Stacks Up Against Competitors

Comparison of Ebi.xyz vs Major DEX Platforms
Feature Ebi.xyz dYdX Uniswap GMX
Type Non-custodial DEX Non-custodial DEX Non-custodial DEX Non-custodial DEX
Order Type Limit Order Book Limit Order Book AMM AMM
Primary Focus Meme coin perpetuals Major crypto perpetuals Spot trading Perpetuals + spot
KYC Required? No (for airdrops/trading) No No No
Telegram Integration Yes (HOT Wallet) No No No
Operational Since 2021 2017 2018 2021
Trading Volume (Q2 2025) Not disclosed $54B $287B $21B
Trust Score (ScamAdviser) Very Low High High High

Bottom line: Ebi.xyz is the outlier. It’s not trying to compete with dYdX on volume. It’s trying to steal users from Telegram games and Pump.fun speculators. It’s niche. It’s risky. It’s loud.

What You Should Do Before Using Ebi.xyz

  • Only trade with money you can afford to lose. Full stop.
  • Never deposit more than you’re willing to vanish overnight.
  • Test with a tiny amount first-$5, not $500.
  • Check if your wallet can connect directly to Ebi.xyz outside Telegram.
  • Read user complaints on Reddit and crypto forums-not just the YouTube videos.
  • Understand that if something goes wrong, there’s no support team to help you.

If you’re drawn to Ebi.xyz because of airdrops or FOMO, walk away. The rewards aren’t worth the risk. But if you’re a seasoned trader who knows exactly what you’re doing, and you’re okay with zero accountability? Then go ahead. Just don’t say you weren’t warned.

Is Ebi.xyz safe to use?

Ebi.xyz is not safe in the traditional sense. While the platform uses blockchain technology and has a valid SSL certificate, it has a very low trust score from ScamAdviser, hides its ownership, and has received negative user feedback. There’s no customer support, no public team, and no independent audit. Use it only if you’re prepared to lose your funds and have no recourse.

Does Ebi.xyz require KYC?

No, Ebi.xyz does not require KYC for trading or for redeeming airdrops from partner projects like Hamster Kombat. This makes it attractive to privacy-focused users but also increases regulatory risk. Future government crackdowns on unregulated derivatives could freeze funds or shut the platform down without warning.

Can I withdraw my funds from Ebi.xyz?

Yes, you can withdraw funds. Since it’s a non-custodial exchange, your assets are never held by Ebi.xyz-they stay in your wallet. You control the private keys. However, if the platform shuts down or becomes unreachable, you may lose access to its interface, making it harder to initiate withdrawals. Always test a small withdrawal first.

What is the FUD Market on Ebi.xyz?

The FUD Market is Ebi.xyz’s signature product: a perpetual futures market that only allows you to short meme coins. It’s designed for traders who believe popular meme tokens like those on Pump.fun will crash. You don’t need to own the token-you just bet it will go down. It’s high-risk, high-reward, and highly speculative.

Why is Ebi.xyz popular on Telegram?

Ebi.xyz is popular on Telegram because it integrates directly with Telegram’s HOT Wallet. This lets users trade without leaving the app, making it feel like a game. Combined with exclusive airdrops from projects like Hamster Kombat, it creates a viral loop: play a game, earn tokens, trade them on Ebi.xyz, invite friends, earn more. It’s designed for engagement, not long-term investing.

Is Ebi.xyz better than Uniswap or dYdX?

No, not for most users. Uniswap and dYdX have years of track record, higher liquidity, transparent teams, and better security. Ebi.xyz is only better if you specifically want to short meme coins without KYC and are already active in the Telegram ecosystem. For everything else, established DEXs are far safer and more reliable.

If you’re still considering Ebi.xyz, remember this: crypto is full of shiny objects. But the ones that glow the brightest are often the ones that burn you the worst. Ebi.xyz isn’t evil-it’s a mirror. It shows what happens when speculation outpaces security, and hype replaces accountability. Choose wisely.

2 Comments

  • Image placeholder

    Mike Calwell

    November 18, 2025 AT 07:03

    looks sus af

  • Image placeholder

    Nathan Ross

    November 19, 2025 AT 21:08

    Interesting take on the FUD Market. I’ve traded on dYdX for years and this feels like the crypto equivalent of a carnival sideshow-flashy, loud, and designed to distract you from the fact that the house always wins. The Telegram integration is clever, but it’s also a trap for the uninitiated. People think they’re gaming the system when they’re just feeding the machine.

    And yes, the lack of a public team? That’s not privacy-that’s evasion. If you’re building something that claims to disrupt finance, you don’t hide behind WHOIS privacy. You put your name on it.

    I’ve seen this movie before. Remember the 2021 DeFi summer? Half the platforms vanished within 6 months. This isn’t innovation. It’s arbitrage on desperation.

Write a comment