Arbiswap Crypto Exchange Review: Why It's Not Worth Using in 2026

Let’s cut to the chase: Arbiswap is not a working crypto exchange you should consider using in 2026. Not because it’s risky - but because it’s basically dead. If you’re looking for a decentralized exchange (DEX) to trade tokens on Arbitrum, there are dozens of better options. Arbiswap? It’s a ghost town.

Here’s what the data says as of early 2026. Arbiswap’s Total Value Locked (TVL) is $0.0 million. That’s not a typo. Zero. Not $100,000. Not $1 million. Zero. For context, Uniswap, the biggest DEX on Ethereum, holds over $4 billion. Even smaller players like Camelot DEX on Arbitrum have $300 million+ locked in. Arbiswap has nothing. No liquidity. No traders. No reason to exist.

What Even Is Arbiswap?

Arbiswap claims to be a decentralized exchange built on the Arbitrum network. That sounds fine on paper. Arbitrum is fast, cheap, and growing. But Arbiswap doesn’t do anything beyond the most basic swap function. No staking. No liquidity mining. No NFT marketplace. No limit orders. No charting tools. Just a simple token swap interface that barely loads.

It’s supposed to use its own token, ARBI. But here’s the kicker: CoinMarketCap shows both the total supply and circulating supply of ARBI as zero. Zero tokens in existence. That means there’s no token economy. No rewards. No governance. No reason for anyone to hold it. The token price? $0.00000003. With 70% daily volatility. That’s not a trading opportunity - that’s a red flag waving in a hurricane.

No One Is Using It

Trading volume on Arbiswap? $345.73 in 24 hours. That’s less than what a single active user might trade on Uniswap in five minutes. PancakeSwap does over $2 billion per day. Even obscure DEXs on lesser chains pull in $10 million. Arbiswap doesn’t even register on the radar.

Who’s trading on it? No one. CoinMarketCap lists its community size as zero. No Twitter followers. No Telegram group. No Discord. Zero Reddit threads. No Trustpilot reviews. No forum posts. If you search for “Arbiswap” on any major crypto forum, you’ll find silence. That’s not a new project. That’s a project that never got off the ground - or got abandoned.

It’s Not Just Small - It’s Missing Everything

Compare Arbiswap to even the smallest successful DEX. Take SushiSwap. It started small. It had a team. It had a token. It had community incentives. It had audits. It had documentation. Arbiswap has none of that.

• No security audits - ever mentioned.
• No team or developers publicly listed.
• No roadmap or updates since its launch.
• No fiat on-ramps - you need crypto already to use it.
• No customer support - no email, no chat, no help center.
• No educational content - not even a “How to Use” guide.

It’s not a product. It’s a placeholder. A contract address with a website that looks like it was built in 2021 and never touched again.

Why Arbitrum Doesn’t Save It

You might think: “But Arbitrum is hot right now! It’s fast and cheap!” True. Arbitrum has over $5 billion in TVL across all its protocols. But Arbiswap isn’t part of that. It’s not even in the top 100 DEXs on Arbitrum. Camelot DEX, Kwenta, and Aerodrome are the real players there. They offer everything: leveraged trading, yield farming, perpetuals, and deep liquidity pools.

Arbiswap doesn’t compete - it doesn’t show up. It’s like opening a coffee shop in downtown Tokyo and not serving coffee, not having a menu, and not even turning on the lights. People aren’t walking in because there’s nothing to walk in for.

Experts Ignore It - And That Says Everything

Major crypto review sites - Money.com, Koinly, NerdWallet, CoinMarketCap - don’t list Arbiswap in their “Best DEXs of 2026” rankings. Not even as a footnote. Koinly’s top 10 DEX list includes Uniswap, PancakeSwap, Curve, dYdX, Balancer, 1inch, SushiSwap, and others. Arbiswap isn’t there. Messari doesn’t mention it. Delphi Digital doesn’t analyze it. No one does.

Why? Because there’s nothing to analyze. No volume. No users. No team. No future. When the industry’s top analysts ignore you, you’re not an underdog. You’re irrelevant.

What Happens If You Try to Use It?

Let’s say you’re curious. You connect your MetaMask wallet. You find the Arbiswap website (arbiswap.io). You try to swap ETH for ARBI. The interface loads slowly. The price doesn’t update. The slippage is set to 10% because there’s no liquidity. You confirm the transaction. Gas fees? Probably fine - Arbitrum is cheap. But your transaction? It sits there. For hours. Maybe it goes through. Maybe it fails. Maybe you lose your ETH to a smart contract glitch.

And then? You have ARBI tokens worth almost nothing. You can’t sell them because no one’s buying. You can’t stake them because there’s no staking. You can’t use them anywhere. You’re stuck with digital junk.

And if something goes wrong? No one to contact. No help desk. No Twitter DMs that get answered. No community to ask. You’re alone with a broken contract.

What Should You Use Instead?

If you’re on Arbitrum and want to trade crypto, here are your real options:

• Camelot DEX - Best for stablecoin swaps and low-slippage trades.
• Kwenta - Best for perpetual futures and derivatives.
• Aerodrome - Best for liquidity mining and yield farming.
• Uniswap V3 - Best overall, even on Arbitrum.

These platforms have teams, audits, communities, and millions in TVL. They update regularly. They have Discord servers with active help. They’re alive.

Arbiswap? It’s a tombstone.

Final Verdict: Avoid It

There’s no scenario where using Arbiswap makes sense in 2026. Not for trading. Not for investing. Not for experimenting. The data is clear: zero TVL, zero volume, zero community, zero team, zero future.

If you see someone promoting Arbiswap as “the next big thing,” they’re either misinformed or trying to pump a worthless token. Don’t fall for it. Your crypto is too valuable to risk on a project that doesn’t even have a working economy.

Stick with the DEXs that actually have users. Stick with the ones that have audits. Stick with the ones that are still growing. Arbiswap isn’t one of them.