Oasis Swap Crypto Exchange Review: Why It No Longer Exists and What to Use Instead

If you’re searching for Oasis Swap to trade crypto, stop. It doesn’t work anymore. Not even close. The platform you might have heard about-Oasis Exchange-shut down years ago, and what’s left is a ghost site with no trading, no support, and no way to get your money out. Many people still stumble on old forum posts or outdated CoinMarketCap listings and think it’s alive. It’s not. This isn’t a review of a working exchange. It’s a warning.

What Was Oasis Exchange?

Oasis Exchange launched in 2019 as a decentralized exchange (DEX), meaning it claimed to let you trade crypto without handing over your private keys. No KYC. No bank account. Just connect your wallet and go. Sounds good, right? That’s what made it attractive back then. It was built on Ethereum and supported ERC-20 tokens. You could trade using MetaMask or other wallets. The idea was simple: avoid the risks of centralized exchanges like Binance or Coinbase, where your funds can get frozen or stolen.

But here’s the catch: Oasis Exchange never solved the biggest problem all DEXs face-liquidity. Without enough people trading and providing funds to the pools, trades either fail or get massively slippage. Oasis didn’t have a plan to fix this. No incentives. No token rewards. No partnerships. Just a website that looked real but had no real users after 2020.

How It Died: The Numbers Don’t Lie

In February 2021, CoinMarketCap listed Oasis Exchange with a 24-hour trading volume of $1.5 billion. That sounds huge. But here’s the truth: that number was fake. No blockchain explorer ever showed those trades. No smart contract activity matched the volume. It was all smoke and mirrors. By September 2021, CoinMarketCap changed its status to “Untracked.” That’s their way of saying: “We can’t verify any of this.”

After that, everything collapsed. Trading volume dropped to zero. No new transactions. No updates. The website became a static page. The Discord server, which once had over 12,000 members, shrank to under 300. The Telegram group stopped responding. GitHub? No commits after 2021. The domain registration expired in January 2022. The team vanished. No announcement. No explanation. Just silence.

What Users Experienced

People who tried to use Oasis Exchange before it died had nightmares. Trustpilot reviews from 2020-2021 show an average of 1.8 out of 5 stars. The complaints were almost identical:

• “I tried to withdraw ETH. It showed as processed, but the funds never arrived.”
• “The platform says my trade executed, but Etherscan shows nothing.”
• “I sent 5 BTC. No response from support. No refund.”
• “The wallet connection keeps breaking. I lost my gas fee and my trade.”

Reddit threads from March 2021 are full of users asking if Oasis was a scam. One user, u/CryptoWatcher89, posted: “Can’t withdraw my ETH. They’re ignoring me.” That post got 400 upvotes. Others replied with the same story. CoinGecko comments from August 2021 had 34 reports of trades that never confirmed on-chain. That’s not a glitch. That’s a platform that was never actually executing trades. It was just showing fake numbers to look active.

Why Oasis Failed When Others Succeeded

Compare Oasis to Uniswap, PancakeSwap, or SushiSwap. Those platforms didn’t just launch and hope. They built ecosystems. Uniswap gave out grants to liquidity providers. PancakeSwap had token rewards and farming. SushiSwap let users vote on upgrades. They had active developers, public roadmaps, and community governance.

Oasis had none of that. No GitHub updates. No tokenomics. No marketing. No team updates. No partnerships. It was a one-shot project with no long-term plan. And in crypto, that’s death. The market moved fast. By mid-2021, users had dozens of better, safer, and more reliable DEXs to choose from. Oasis didn’t offer anything unique. No privacy features. No low fees. No innovation. Just a website that looked like it worked.

Oasis Exchange vs. Oasis Network: Don’t Get Confused

This is critical. There’s a completely different project called Oasis Network. It’s a Layer 1 blockchain launched in 2020. It’s alive. It’s growing. It has a native token called ROSE. It’s used by companies like the World Economic Forum for private data applications. It even got a $200 million investment from Binance in December 2021.

On Oasis Network, there’s a DEX called YuzuSwap. It’s real. It has $5.9 million in daily volume as of Q2 2025. It’s on DeFi Llama. It has active smart contracts. It’s updated regularly.

Oasis Exchange and Oasis Network have nothing to do with each other. Same name. Different teams. Different blockchains. Different futures. But because of the name, people keep mixing them up. Google searches for “Oasis Swap” often lead to Oasis Network’s YuzuSwap. That’s misleading. Oasis Exchange is dead. Oasis Network is not.

What Happens If You Try to Use It Now?

If you go to the old Oasis Exchange website today, you’ll probably see a blank page, an error, or a phishing site trying to steal your wallet keys. The original domain is expired. Any site claiming to be Oasis Exchange now is either a scam or a copycat. Connecting your wallet to it could mean losing everything.

Even if you find an old link, don’t trust it. No one is maintaining it. No one is monitoring it. No one can help you if something goes wrong. The smart contracts are abandoned. Wallet integrations are broken. MetaMask doesn’t even recognize it anymore.

What Should You Use Instead?

If you want a decentralized exchange that works today, here are your best options:

• Uniswap (Ethereum) - The most trusted DEX. High liquidity, open-source, used by institutions.
• PancakeSwap (BSC) - Lower fees, fast trades, popular for altcoins.
• SushiSwap - Similar to Uniswap but with rewards for liquidity providers.
• YuzuSwap (Oasis Network) - If you specifically want something tied to the Oasis name, this is the real one. Low fees, growing volume.
• 1inch - Aggregates prices across multiple DEXs to get you the best rate.

All of these have active communities, real volume, and transparent code. You can check their stats on DeFi Llama or DappRadar. You can see their GitHub activity. You can read their blog updates. Oasis Exchange? You can’t find any of that.

Final Warning

Oasis Exchange is a textbook example of how not to build a crypto project. It looked promising. It had hype. It showed big numbers. But it had no substance. No development. No support. No future. And when users tried to use it, they got burned.

If you see a crypto exchange that promises high volume, no KYC, and no explanation of how it works-walk away. Real platforms don’t hide behind fake numbers. They publish their code. They answer questions. They update their apps. Oasis Exchange did none of that.

Don’t let a dead exchange steal your crypto. Use something that’s alive.