When you hear about Yoshi Exchange on Fantom, you might think it’s a solid crypto platform. But reality is different. Let’s look at what this DEX aggregator actually offers-and why most traders avoid it.
Yoshi.exchange is a decentralized exchange aggregator built on the Fantom Opera blockchain. It connects to multiple DEXs like AnySwap, SpookySwap, and PancakeSwap to find the best prices for token swaps. The platform’s native YOSHI token is used for ecosystem functions, but as of October 2023, it has a market cap of $821,550 and 24-hour trading volume of $0.
What is Yoshi.exchange?
Yoshi.exchange isn’t a centralized exchange like Binance. It’s a DEX aggregator that pulls prices from other decentralized exchanges. Think of it as a shopping app for crypto swaps: it checks multiple stores (DEXs) to find the cheapest price before executing your trade. The platform focuses exclusively on Fantom’s ecosystem, aiming to simplify trading for new users. However, it also operates on Binance Smart Chain and Ethereum, though Fantom remains its primary network.
How does it work?
Using Yoshi.exchange is simple in theory. Connect your wallet (like MetaMask), pick tokens to swap, and the platform finds the best rate across connected DEXs. Transactions on Fantom cost less than $0.01 per swap, making it cheap compared to Ethereum. But here’s where things go wrong: most users report failed transactions. Why? Because there’s almost no liquidity. In October 2023, CoinMarketCap showed only 10 buying addresses and 9 selling addresses in 24 hours, processing a total of $28 in trades. That’s less than a coffee shop’s daily sales.
Pros and cons
Let’s keep it real. The only real pro is the low transaction fees on Fantom. If you’re a developer building a project on Fantom, the platform might help integrate swaps. But for everyday traders? The cons outweigh everything else.
- Pros: Low gas fees (< $0.01), simple interface for beginners, connects to multiple DEXs.
- Cons: $0 daily trading volume, slippage over 15% on small trades, no customer support, minimal developer activity (last GitHub commit June 2023).
How does it compare to other aggregators?
| Platform | TVL | 24h Volume | Market Cap | Active Users |
|---|---|---|---|---|
| Yoshi.exchange | $71,990 | $0 | $821,550 | 127 unique wallets (30 days) |
| 1inch | $1.2B | $100M+ | $1.1B | 500,000+ daily |
This table says it all. 1inch handles over $100 million in daily trades. Yoshi.exchange? Zero. The platform’s TVL (Total Value Locked) is less than 0.01% of 1inch’s. For perspective: if 1inch is a busy highway, Yoshi.exchange is a dirt road with no cars.
Real user experiences
Reddit users call it a "ghost platform." One trader wrote: "Tried swapping USDC to FTM-slippage hit 18%. My transaction failed three times." Another user on CoinMarketCap rated it 1/5, saying: "The interface looks nice, but there’s nothing to trade. It’s like a store with empty shelves." Trustpilot has zero verified reviews. CoinMarketCap’s community section shows 38 ratings averaging 2.1/5. The top complaints? "No liquidity" (27 mentions), "no customer support" (19 mentions), and "can’t complete swaps" (14 mentions). The Telegram group has 1,200 members, but response times to technical issues average 48 hours.
Is it safe to use?
Safety isn’t the main issue-it’s usability. Your funds aren’t at risk from hacks (it’s a non-custodial platform), but you’ll likely lose money from slippage. Imagine buying $100 of FTM and only getting $85 worth due to price swings. That’s common on Yoshi.exchange. Experts like Maria Gomez (DeFi Pulse) called it a "high-risk investment" due to near-zero volume. CoinGecko classifies it in their "lowest liquidity tier."
Should you use Yoshi.exchange?
Only if you’re a developer testing Fantom-specific projects. For everyone else? Avoid it. Better alternatives exist:
- SpookySwap: Fantom’s native DEX with $500M+ TVL and daily trading volume.
- 1inch: Works across all major blockchains with deep liquidity.
- MoonSwap: Fantom-focused DEX with active community support.
Yoshi.exchange’s lack of development activity (no GitHub commits since June 2023) and minimal user adoption suggest it won’t survive long. Blockchain Research Group predicts niche aggregators like this will disappear within 12-18 months.
What is Yoshi.exchange?
Yoshi.exchange is a decentralized exchange (DEX) aggregator built on the Fantom Opera blockchain. It connects to multiple DEXs like AnySwap and SpookySwap to find the best prices for token swaps. However, it has almost no liquidity or trading activity as of 2023.
Why is Yoshi.exchange not working?
The platform lacks liquidity. With $0 daily trading volume, there are rarely enough buyers or sellers to execute trades. Users report slippage over 15% and failed transactions. It’s not a technical issue-it’s a lack of market activity.
Is Yoshi.exchange safe?
Yes, in terms of security (it’s non-custodial), but not in terms of usability. You won’t get hacked, but you’ll likely lose money due to extreme slippage and failed trades. Experts classify it as "high risk" due to near-zero volume.
How does Yoshi.exchange compare to 1inch?
1inch handles over $100 million in daily trades with $1.2B in TVL. Yoshi.exchange has $0 volume and $71k TVL. 1inch works across all major blockchains; Yoshi is limited to Fantom and a few others. They’re not even in the same league.
Should I buy YOSHI tokens?
No. The YOSHI token has a market cap under $1 million, with 41.88% year-over-year decline. Its value depends entirely on speculative trading, not real utility. Most traders avoid it due to low liquidity and lack of use cases.
Sharon Lois
February 5, 2026 AT 18:45Yoshi.exchange is a scam. Zero volume. Fed's behind it. Stay vigilant, patriots!