When you do a crypto swap, a direct exchange of one cryptocurrency for another without using a centralized exchange. Also known as decentralized trade, it’s how people move from Bitcoin to Ethereum or from BNB to Solana without handing over their keys to a company. This isn’t just convenience—it’s control. You’re not depositing funds into an exchange account. You’re swapping directly from your wallet, using smart contracts that run on blockchain networks.
Crypto swap relies on decentralized exchanges, platforms that let users trade crypto peer-to-peer using automated market makers. Also known as DEXs, they don’t hold your money. Instead, they use liquidity pools—collections of tokens locked in code—that match buyers and sellers automatically. Popular ones like Uniswap, a leading DEX on Ethereum and Base networks that supports thousands of tokens with low fees handle swaps within the same chain. But what if you want to trade Bitcoin for Polygon? That’s where cross-chain swap, a method of exchanging tokens across different blockchains without wrapping or bridging. Also known as native asset swap, it eliminates the middleman entirely. That’s where THORChain, a decentralized network built specifically for swapping native Bitcoin, Ethereum, and other coins without wrapped versions. Also known as the first true cross-chain DEX, it uses RUNE as its native token to secure and route trades across chains. Unlike bridges that lock your BTC and issue a fake version on another chain, THORChain moves the real asset. No wrapping. No trusted custodians. Just direct swaps.
But crypto swap isn’t magic. It’s code—and code can break. Cross-chain swaps are the most targeted attacks in DeFi. Hackers exploit flaws in liquidity pools, front-run trades, or trick users into approving malicious contracts. That’s why you need to know what you’re trading into. Some tokens have no liquidity. Others vanish after a pump. And not every DEX is safe. MochiSwap, Arbidex, and others promised easy profits but left users with worthless tokens and locked funds.
The posts below show you real examples: how THORChain works, why Uniswap v2 on Base is a quiet favorite for everyday traders, what went wrong with failed swap platforms, and how cross-chain security risks have cost millions. You’ll also see how scams hide behind fake swap promises, and how to tell the difference between a legitimate swap and a trap. This isn’t theory. It’s what’s happening right now in wallets around the world.
Libre Swap is a decentralized crypto exchange with almost no trading volume, no audits, and zero community presence. Learn why this platform isn't worth your time or crypto.