Is Quickswap [OLD] (QUICK) a Scam? Rated F

Project Safety Score: 14%

Updated 3 weeks, 3 days ago

Quickswap [OLD]QUICK

24hr Volume$8033

24hr Change-5.0%

Price$10.82

Coverage: 5 buckets · 60% resolved

Concerns raised - see Red Flags below

Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social

Liquidity
& Market

0 F ⚠

67% · medium

Team
Credibility

-

0% · low

Social
Behavioral

37 C

33% · low

Contract
Mechanics

5 F

20% · medium

Holder
Distribution

-

0% · low

Community Rating

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QUICK Quickswap [OLD] Details

Project Website

quickswap.exchange/

Socials

Tags

Decentralized Exchange (DEX)Exchange-based TokensDecentralized Finance (DeFi)Yield FarmingAutomated Market Maker (AMM)Polygon EcosystemEthereum Ecosystem

QuickSwap is the leading DEX on Polygon PoS, Polygon zkEVM, & Dogechain, best known for it's blazing fast transaction speeds and near-zero gas fees. The DEX was launched in 2020 & provides DeFi features such as swaps, liquidity providing, farming, & staking.

It's also home to the DragonFi ecosystem, a powerful DeFi product suite that includes a decentralized Perpetual Exchange (QuickPerps), Gaming Hub, and much more.

$QUICK (OLD) is the existing version of QuickSwap's native token - a token split took place in 2022 that redenominated it to New $QUICK at a 1:1000 ratio. The Old $QUICK token does not have any utility on the DEX, so users can convert to New $QUICK via QuickSwap's converter & stake in the Dragon's Lair to earn yield, in addition to farming the token to earn rewards.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

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