MiaSwap v2 Crypto Exchange Review: Is This Decentralized Exchange Still Alive?

MiaSwap v2 Crypto Exchange Review: Is This Decentralized Exchange Still Alive? Oct, 12 2025

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MiaSwap Example (2025)
Score: 2
Recommendation: Avoid
Why MiaSwap is not viable:
  • Only $36.13 daily volume
  • Only 4 trading pairs
  • Only 3 liquidity pools
  • Zero community activity
  • Zero transparency

There’s no such thing as MiaSwap v2 - at least not in any real, functioning form. If you’re searching for an update, a new version, or even a working website, you won’t find it. The original MiaSwap, launched in 2022, hasn’t processed a single trade in over three hours - and that’s not an accident. It’s been dead for months, maybe longer. CoinGecko, one of the most trusted crypto data platforms, flags it as "Inactive - No trades in the last 3 hours" with a Trust Score of 98.87%. That score doesn’t mean it’s safe. It means nobody’s using it.

Let’s be clear: MiaSwap isn’t just struggling. It’s invisible. As of October 2025, it lists only three cryptocurrencies and four trading pairs. The most active pair - MIA to VNDC - had a 24-hour trading volume of $36.13. That’s less than the cost of a decent coffee in Auckland. For comparison, Uniswap trades over $1.2 billion in a single day. PancakeSwap moves nearly $500 million. MiaSwap? It’s not even on the radar. It doesn’t rank in the top 500 crypto exchanges globally. It doesn’t rank in the top 1,000.

And here’s the kicker: there’s no official MIA token supply data. CoinGecko says the circulating supply is “not reported.” That’s not a technical glitch. That’s a red flag. If you don’t know how many tokens are out there, you can’t value them. And if you can’t value them, why would anyone trade them? The MIA token price hovers around $0.0117, with zero movement over the past 24 hours. Over the last week, it’s down half a percent. That’s not volatility - that’s stagnation. Coinbase’s own November 2025 price prediction for MIA? S$0.01. That’s a 5% drop from where it is now. No one’s betting on it.

You won’t find any audits, smart contract addresses, or technical docs. No GitHub repo. No Discord server. No Telegram group. No Reddit threads. Nothing. Legitimate decentralized exchanges like Uniswap, SushiSwap, or PancakeSwap have entire communities built around them - developers, liquidity providers, traders, bug hunters. MiaSwap has silence. And silence in crypto usually means one thing: abandonment.

Some people might think, “Maybe it’s just quiet right now. Maybe v2 is coming.” But there’s zero evidence of a v2. Not a tweet. Not a blog post. Not a blockchain transaction hinting at an upgrade. No developer commits. No token migration plan. No announcement. If MiaSwap v2 existed, it would be on CoinGecko. It would be on DEX Screener. It would be mentioned in every crypto newsletter that covers obscure projects. It’s not. Because it doesn’t exist.

What about user reviews? You won’t find any on Trustpilot, Reddit, or even niche crypto forums. That’s not because people are being nice. It’s because nobody’s traded on it. Nobody’s even tried. You can’t review a service you’ve never used - and the reason you haven’t used it is because it doesn’t work. No one’s linking to it. No one’s warning about it. That’s not because it’s safe. That’s because it’s irrelevant.

Compare this to real DEX platforms. Uniswap v3 has over 4,500 tokens listed. PancakeSwap has more than 1,200. They offer yield farming, staking, liquidity pools, and mobile apps. They have audit reports from top firms like CertiK and Hacken. MiaSwap has none of that. No liquidity mining. No fee incentives. No governance tokens. No roadmap. No team. No transparency. Just a website that might still be up, but is completely non-functional.

And here’s what you need to understand: in crypto, inactivity is not a bug - it’s a death sentence. Projects that stop moving die. Fast. Even the most promising ones need constant development, community support, and trading volume to survive. MiaSwap has none of that. It’s been frozen since 2022. No updates. No improvements. No users. No reason to exist.

If you’re thinking about using MiaSwap to trade, swap tokens, or invest in MIA - don’t. There’s no liquidity to trade with. No price movement to profit from. No community to support you if something goes wrong. Even if you manage to connect your wallet, you’ll find no trading pairs with enough depth to execute a simple swap without massive slippage. The $28 liquidity at ±2% means a $100 trade could move the price by 10% or more. That’s not trading. That’s gambling on a broken machine.

There’s a reason no reputable crypto publication - not CoinDesk, not Messari, not Delphi Digital - has ever covered MiaSwap. There’s a reason BitCourier’s 2025 exchange review, which covers dozens of lesser-known platforms, didn’t mention it once. MiaSwap isn’t a scam in the traditional sense. It’s not running a phishing site or stealing funds. It’s just… gone. A ghost project. A website with no users, no volume, and no future.

So if you’re reading this because you heard about “MiaSwap v2” and thought it might be a hidden gem - it’s not. There’s no v2. There’s no future. There’s no point. Save yourself the time. Save yourself the risk. Look at real, active DEX platforms. Use Uniswap, PancakeSwap, or even smaller but functioning ones like KyberSwap or Curve. They have volume. They have audits. They have people using them every second.

MiaSwap is a cautionary tale. Not because it stole money. But because it promised nothing and delivered less. It didn’t fail because it was too risky. It failed because it was irrelevant.

What to do instead of using MiaSwap

  • If you want to trade tokens on a decentralized exchange, use Uniswap on Ethereum or PancakeSwap on BNB Chain. Both have deep liquidity and active communities.
  • For low-fee swaps, check out 1inch or Matcha - they aggregate liquidity across multiple DEXs to get you the best price.
  • Always verify the smart contract address before connecting your wallet. Use Etherscan or BscScan to check if the contract has been audited.
  • Never invest in a token with zero trading volume or no reported supply. That’s not an opportunity - it’s a trap.
  • Use tools like DEX Screener or CoinGecko to check real-time trading activity before you commit any funds.
A confused user in front of an empty crypto marketplace with zero trading activity.

Why MiaSwap failed

  • No liquidity - no one deposited funds to make trading possible.
  • No marketing - no community, no influencers, no announcements.
  • No technical transparency - no audits, no code, no documentation.
  • No utility - MIA token has no use case beyond speculation.
  • No updates - no team activity since 2022.

It’s not complicated. If you build a crypto project and nobody shows up, it dies. MiaSwap didn’t get hacked. It didn’t get shut down. It just faded away - quietly, completely, and permanently.

Is MiaSwap v2 a real exchange?

No, MiaSwap v2 does not exist. There is no official launch, no blockchain deployment, and no public announcement of a version 2. The original MiaSwap platform has been inactive since at least early 2025, with no trades in over three hours according to CoinGecko. Any claims about a v2 are either misinformation or deliberate deception.

Can I still trade MIA tokens on MiaSwap?

Technically, you might be able to access the website, but there is no meaningful trading activity. The only live trading pair (MIA/VNDC) had a 24-hour volume of $36.13 as of October 2025. Liquidity is less than $30 at any price point, meaning even small trades would cause massive slippage. It’s not a functioning market - it’s a placeholder.

Is MiaSwap safe to use?

Safety isn’t the main issue - usability is. There’s no evidence MiaSwap is a scam designed to steal funds. But because it’s inactive, there’s no support, no updates, and no way to recover assets if something goes wrong. Using it exposes you to the risk of losing funds due to lack of liquidity, unclear contract addresses, or a site that could disappear at any moment.

Why does CoinGecko show a 98.87% Trust Score for MiaSwap?

CoinGecko’s Trust Score is based on trading volume, liquidity, and exchange activity - not security or legitimacy. A high score doesn’t mean the exchange is trustworthy. It means the platform is technically functioning and has some data flowing. In MiaSwap’s case, the score is high because the system still reports minimal data, but the actual trading volume is near zero. It’s a misleading metric for inactive exchanges.

What should I use instead of MiaSwap?

Use established decentralized exchanges like Uniswap (Ethereum), PancakeSwap (BNB Chain), or SushiSwap. These platforms have millions in daily volume, audited smart contracts, active communities, and mobile apps. They’re reliable, transparent, and widely used. Avoid any exchange with less than $1 million in daily volume unless you’re doing deep research - and even then, proceed with caution.

Is MIA token worth buying?

No. MIA has no circulating supply data, zero price movement, and no use case. Its value is purely speculative, and even professional platforms like Coinbase predict only a 5% change by November 2025. With no liquidity, no demand, and no development, MIA is effectively worthless. Investing in it is gambling with no odds in your favor.

Ghost MIA token above a tombstone for MiaSwap, surrounded by missing features and a crumbling 'v2' sign.

Final verdict

MiaSwap isn’t a crypto exchange you should consider - it’s a ghost. No v2. No updates. No users. No future. If you’re looking to trade crypto on a decentralized platform, there are dozens of better, safer, and active alternatives. Don’t waste your time chasing a dead project. Stick to exchanges with real volume, real audits, and real communities. Your funds - and your peace of mind - will thank you.

13 Comments

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    Nisha Sharmal

    October 12, 2025 AT 11:05
    Wow. So MiaSwap is just a digital ghost town now? 😏 I'm from India and I've seen a hundred of these 'next big thing' projects vanish into thin air. This isn't crypto failure - it's capitalism with zero accountability. They took the name, made a website, and vanished. Classic. No audits? No team? No liquidity? Bro, this isn't a DEX. It's a crypto tombstone.
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    Karla Alcantara

    October 12, 2025 AT 11:08
    I just want to say thank you for writing this. So many people get sucked into these ghost projects thinking they’re ‘early’ - but really they’re just late to the funeral. 💙 If you're new to DeFi, start with Uniswap or PancakeSwap. They’re not sexy, but they’re alive. And that matters more than any whitepaper ever could.
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    Jessica Smith

    October 12, 2025 AT 11:11
    MiaSwap v2 is a myth created by scammers who think people are stupid enough to believe in fairy tales. CoinGecko’s 98.87% trust score? LOL. That’s like giving a high score to a car with no engine because the radio still works. You’re not investing. You’re donating to a graveyard. Stop wasting your time.
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    Petrina Baldwin

    October 12, 2025 AT 11:15
    I checked MiaSwap yesterday. Still loading. Still no trades. Still zero volume. Still dead.
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    sundar M

    October 12, 2025 AT 11:18
    Bro I remember when I first heard about MiaSwap - thought it was gonna be the next big thing from India. Lol. Now I laugh every time I see someone asking about it. But seriously, this is why we need more education in crypto. Not everyone knows how to read the signs. I’ve shared this post with my cousin who’s about to invest his savings into something like this. Please keep writing stuff like this. We need more truth-tellers.
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    Nick Carey

    October 12, 2025 AT 11:21
    I mean... I kinda feel bad for whoever built this. Like, imagine putting in all that work and then just... giving up? But also. Like. Why even launch it if you weren’t gonna maintain it? Lazy. Just lazy.
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    Sonu Singh

    October 12, 2025 AT 11:25
    yep totally agree. i tried to swap some mia tokens last month just to see if it worked. wallet connected but no pairs showed up. then i checked dexscreener and saw the volume was like 30 bucks. i thought i was glitched. nope. just dead. also no github. no discord. nothing. sad.
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    Peter Schwalm

    October 12, 2025 AT 11:28
    This is exactly the kind of post that saves people money. I’ve seen too many friends lose crypto to projects that looked legit on the surface - pretty website, decent branding, fake social media. But the real tell? No volume. No updates. No transparency. MiaSwap is the textbook example. Bookmark this. Share it. Save someone from a bad decision.
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    Alex Horville

    October 12, 2025 AT 11:31
    Let’s be real - if this was a US-based project with a VC backing, there’d be 500 news articles about its ‘revolutionary tech.’ But since it’s some anonymous dev from India with no PR team? It dies quietly. That’s the double standard. We don’t care about non-Western crypto projects until they’re already dead.
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    Marianne Sivertsen

    October 12, 2025 AT 11:35
    It’s funny how we treat crypto like it’s this wild frontier, but really it’s just capitalism with extra steps. MiaSwap didn’t fail because it was too risky - it failed because no one believed in it enough to keep it alive. And that’s the quiet tragedy of most projects. Not fraud. Just indifference.
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    Stephanie Alya

    October 12, 2025 AT 11:38
    MiaSwap v2? 😂 More like MiaSwap v.0.0001 - the version that got deleted before anyone noticed. Also, MIA token price at $0.0117? That’s the price of a single emoji in crypto land. 🚫💸 Use 1inch instead. Seriously.
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    olufunmi ajibade

    October 12, 2025 AT 11:41
    As someone from Nigeria, I’ve seen this play out too many times. Projects from developing countries get built with passion, but without access to global networks, marketing, or funding - they vanish. MiaSwap isn’t evil. It’s just invisible. And in crypto, invisibility = death. We need more support for honest builders, not just hype.
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    Manish Gupta

    October 12, 2025 AT 11:45
    i checked the contract on etherscan... nothing. no transfers in 8 months. no minting. no burn. just a lonely contract waiting for someone to wake it up. maybe it's sleeping? 😴

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