#91 of 115 in the US ranking · DEX aggregator

KyberSwap Review (October 2026): Fees, US States and Licenses

Best for: Multi-chain swap routing

4.9/10

US access 20%9.0
Regulation 20%3.0
Security record 15%5.0
Cost 15%5.0
Range 10%4.6
Popularity 15%1.0
Data quality 5%7.0

By Vahe Hakobyan Verified October 5, 2026 Medium confidence No affiliate links

Taker fee— Not verified
US states— Not verified
New York— Not verified
Coins— Not verified
CustodyNon-custodial
App Store— Not verified

Our verdict

KyberSwap is a DEX aggregator run by Seychelles-based Lumen Forge Technology Ltd., with KyberDAO governance and the KNC token. It charges no fee on standard swaps; limit orders cost 0.01%-1% and cross-chain swaps 0.05%-0.25%. DefiLlama showed $7.41 billion in 30-day aggregator volume across 25 chains on October 5, 2026.

Pros

No KyberSwap fee on standard swaps
$7.41 billion 30-day aggregator volume per DefiLlama
US not on official excluded-jurisdictions list

Cons

About $48 million lost in November 2023 Elastic exploit
Limit orders cost up to 1% on new tokens
Arbitration only in Seychelles under the terms

KyberSwap fees

Maker / taker: — Not verified
Simple buy: — Not verified
Volume tiers: Swaps: no KyberSwap fee; limit orders 0.01%-1%; cross-chain swaps 0.05%-0.25%
ACH deposit: — Not verified
Wire deposit: — Not verified
Card purchase: — Not verified
USD withdrawal: — Not verified
Crypto withdrawal: Network (gas) fee only; funds stay in the user's wallet
Other fees: Earn (Zap) protocol fee 0.01%-0.25% by pair category
Minimum deposit: — Not verified

Is KyberSwap available in my state?

KyberSwap Terms of Use (Sept 1, 2026) exclude FATF high-risk, sanctioned and listed jurisdictions; the official excluded-jurisdictions list does not include the United States.

The list of states this platform serves is not verified yet.

New York: — Not verified
ID check (KYC): No
Withdraw crypto: Yes
Funding: Crypto

Is KyberSwap regulated?

US operator: Lumen Forge Technology Ltd. (Seychelles) or KyberDAO Foundation (Cayman Islands)
Parent company: — Not verified
State licenses: — Not verified
New York license: — Not verified
Founded: — Not verified
Headquarters: Seychelles

How secure is KyberSwap?

Proof of reserves: N/A (non-custodial)
Audits: — Not verified
Insurance: — Not verified

Incidents since 2019

2023exploitNov 22, 2023: rounding-error exploit of KyberSwap Elastic pools on five chains, about $48 million lost, per DefiLlama.
2022hackSept 2022: CDN compromise of the KyberSwap front end, about $265,000 lost, per DefiLlama.

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on KyberSwap

Spot
Advanced trading
Earn
API

Swap aggregator with limit orders, cross-chain swaps and liquidity 'Earn' zaps; public APIs named in the terms.

Apps: Web
Support: — Not verified

KyberSwap FAQ

Is KyberSwap regulated in the US?

US customers are served by Lumen Forge Technology Ltd. (Seychelles) or KyberDAO Foundation (Cayman Islands).

Can I withdraw crypto from KyberSwap to my own wallet?

Yes. KyberSwap lets US users send crypto to an external wallet.

Does KyberSwap require ID verification?

No account or ID check is needed for on-chain swaps on KyberSwap.

Alternatives to KyberSwap

Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.