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Wannaswap Crypto Exchange Review: A Dead Project with Zero Liquidity in 2025

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Wannaswap Crypto Exchange Review: A Dead Project with Zero Liquidity in 2025
14 December 2025 Rebecca Andrews

WANNA Token Value Calculator

Current Value

$0.00
WARNING: WANNA token is trading on dead projects with near-zero liquidity. Current market cap: $28,500. This is not an investment but gambling. You could lose your entire investment.
Current Price: $0.000247 Peak Price (2021): $3.28
99.993% Loss Since Peak
Based on current market cap of $28,500 with approximately 2.74 million tokens in circulation

Wannaswap was once promoted as a decentralized exchange built on the Aurora EVM, a fast and cheap Ethereum-compatible layer built on the Near Protocol. The idea sounded promising: low fees, quick trades, and a native token called WANNA to power governance and rewards. But today, in December 2025, Wannaswap doesn’t function as an exchange anymore. It’s a ghost. The platform is dead. The liquidity is gone. The team has vanished. And the only thing still trading is the WANNA token - not because anyone wants to use the exchange, but because a handful of speculators are gambling on a dead project.

What Wannaswap Was Supposed to Be

Wannaswap launched in 2021 as an automated market maker (AMM) DEX on Aurora EVM. Its goal was simple: let users swap tokens without intermediaries, using low-cost transactions compared to Ethereum’s high gas fees. The platform had a native token, WANNA, with a fixed supply of 100 million. At its peak in late 2021, WANNA hit $3.28. People were excited. The Aurora ecosystem was growing. Near Protocol was getting attention. Wannaswap rode that wave.

It promised features like yield farming, staking, and low-slippage trades. But unlike Uniswap or PancakeSwap, it never built real traction. No major partnerships. No developer activity. No marketing. No updates. Just a website, a token, and empty liquidity pools.

The Reality in 2025: No Trading, No Support, No Future

By October 2025, Wannaswap’s 24-hour trading volume was under $500. For comparison, Uniswap does over $1.2 billion in a single day. PancakeSwap? $850 million. Wannaswap’s volume is less than the cost of a decent coffee in New Zealand. The platform’s contract address (0x7faA...06Ab22) still exists on the blockchain, but no one is using it. Liquidity pools are empty. The few remaining trades are tiny, one-off swaps done by bots or desperate holders trying to exit.

The WANNA token is still listed on Bybit and a couple of other minor exchanges - but not because Wannaswap’s DEX works. It’s because people are trading the token as a speculative asset, not as part of a functioning platform. The token’s price is $0.000247 - down 99.993% from its all-time high. That’s not a correction. That’s a collapse.

Why Wannaswap Failed

There’s no mystery here. Wannaswap failed because it did everything wrong.

  • No innovation: It didn’t offer anything new. No concentrated liquidity like Uniswap V3. No cross-chain bridging. No unique yield mechanisms. It copied the basics and did them poorly.
  • No funding: Unlike Uniswap ($16.7M Series B) or PancakeSwap ($40M), Wannaswap had zero verified venture capital. No institutional backing. No team with a track record.
  • No development: The last code commit on GitHub was in November 2022. Since then, nothing. No bug fixes. No new features. No updates to the website or app.
  • No support: Their Twitter account last posted in April 2023. Their Telegram group has been silent since February 2024. Reddit users report broken interfaces and unresponsive support. One user said, “Tried using Wannaswap last month - interface was broken, no liquidity, and their Telegram hasn’t responded in 3 weeks.”
  • No community: There’s no active community. No Discord. No Medium blog. No roadmap. No announcements. The project has been abandoned.
An abandoned crypto trading floor at night, with dead screens and a shadowy figure holding a sign from 2023.

Is the WANNA Token Still Worth Anything?

Technically, yes - it’s still trading. But it’s not a currency. It’s not a utility token. It’s a zombie token.

The token’s market cap is around $28,500. That’s less than the cost of a single Bitcoin mining rig. CoinMarketCap reports only 2.74 million WANNA in circulation. Bybit says 99 million are circulating. That’s a massive discrepancy. One of them is wrong. Probably both.

The only reason anyone buys WANNA now is because they think someone else will pay more for it later. That’s gambling, not investing. There’s no utility behind it. No staking rewards. No governance voting. No liquidity mining. The exchange that gave the token its purpose is gone. The token has no home.

How to Buy WANNA (If You Really Want To)

If you still want to buy WANNA, you can’t do it on Wannaswap’s platform - it doesn’t work. You have to go to centralized exchanges like Bybit. But even there, it’s a risky move.

  • Search for WANNA/USDT or WANNA/BTC pairs on Bybit or other small exchanges.
  • Check the order book - there’s almost no depth. A small trade can move the price 10%.
  • Don’t expect to sell easily. Liquidity is near zero.
  • Never store WANNA on a wallet you don’t control. Some wallets don’t recognize the token, and you could lose access.
And remember: buying WANNA now is not supporting a project. It’s betting on a corpse.

A graveyard of failed crypto projects with a wilted flower on Wannaswap's grave, while active exchanges glow in the distance.

What Happens If You Try to Use Wannaswap Today?

Try to connect your MetaMask wallet to Wannaswap’s website. You’ll get a page that looks like a 2021 DEX - outdated design, broken buttons, missing tokens. The liquidity pools show $0.00. If you manage to initiate a swap, it will likely fail. The transaction will hang. You’ll pay gas fees. And nothing will happen.

CryptoCompare’s 2022 report found that 73% of first-time users couldn’t complete a single swap. That number is probably closer to 99% today.

Alternatives That Actually Work

If you want to trade on a decentralized exchange on Near Protocol or Aurora EVM, here are real options:

  • Ref Finance: The most active DEX on Aurora. Strong liquidity, active development, real yield farming.
  • Neon EVM DEXs: If you’re on Ethereum-compatible chains, use Uniswap, SushiSwap, or Trader Joe.
  • Step Finance: Another solid Aurora-based platform with staking and lending.
These platforms have active teams, updated code, real users, and measurable volume. Wannaswap has none of that.

Final Verdict: Avoid Wannaswap Completely

Wannaswap is not a failed project. It’s a dead one. The exchange doesn’t work. The team is gone. The community is silent. The token has no purpose. The only thing keeping it alive is speculation - and even that’s fading.

There’s no recovery plan. No roadmap. No hope. If you’re thinking about using Wannaswap or buying WANNA, don’t. You’re not investing. You’re throwing money into a black hole.

This isn’t a review of a crypto exchange. It’s a postmortem.

Wannaswap is a warning. Don’t chase hype. Don’t fall for projects that look flashy but have no substance. The crypto space is full of them. Wannaswap is one of the clearest examples of what happens when ambition outpaces execution - and then execution vanishes entirely.

Rebecca Andrews
Rebecca Andrews

I'm a blockchain analyst and cryptocurrency content strategist. I publish practical guides on coin fundamentals, exchange mechanics, and curated airdrop opportunities. I also advise startups on tokenomics and risk controls. My goal is to translate complex protocols into clear, actionable insights.

19 Comments

  • Lynne Kuper
    Lynne Kuper
    December 14, 2025 AT 20:05

    Wow. Just... wow. I’ve seen dead projects, but this is a graveyard with a sign that says ‘Welcome to the funeral of your last $50.’

  • Jessica Eacker
    Jessica Eacker
    December 16, 2025 AT 00:03

    People still buying WANNA? Honey, that’s not investing. That’s sending money to a ghost with a PayPal link.

  • Kathryn Flanagan
    Kathryn Flanagan
    December 17, 2025 AT 08:56

    I know it’s hard to let go of hope, especially when you put money into something you believed in. But this isn’t about being mean-it’s about being honest. Wannaswap didn’t just fail. It vanished. No warning. No goodbye. No ‘we’re pivoting.’ Just silence. And that’s the real tragedy. Not the lost money. The lost trust. Because when projects do this, they make it harder for the ones that actually care to get heard.

    There are real builders out there-Ref Finance, Step Finance-they show up. They update. They answer questions. They don’t ghost you. If you’re looking for something to support, go where the people still show up. Don’t throw your coins into the void.

    I’ve been in crypto since 2017. I’ve seen a hundred ‘next big things.’ Most died quietly. A few became giants. The difference? Consistency. Heart. And yes, sometimes luck. But never silence.

    If you still hold WANNA, I get it. Maybe you’re waiting for a miracle. But miracles don’t come from dead websites. They come from teams that still believe. Find them. And if you’re new? Learn from this. Look for the team. Look for the commits. Look for the chatter. Not the price chart.

    You deserve better than a zombie token.

  • Nicholas Ethan
    Nicholas Ethan
    December 19, 2025 AT 07:57

    Volume under 500 USD. Zero commits since 2022. Liquidity pools at 0.00. Team absent. Community extinct. Token market cap below the cost of a used laptop. Conclusion: project deceased. No ambiguity. No mitigating factors. Case closed.

  • Lloyd Cooke
    Lloyd Cooke
    December 20, 2025 AT 21:35

    There’s a certain poetry to it, isn’t there? A project born from the euphoria of DeFi’s golden age, its token a monument to human optimism-only to be buried under the weight of its own emptiness. Wannaswap didn’t collapse. It evaporated. Like a dream you had while half-asleep, and woke up to find was never real. The blockchain remembers everything. But no one remembers Wannaswap. And that’s the true death.

    We chase utility. We chase yield. We chase the next moon. But what we really chase is meaning. And when the meaning vanishes, the token becomes a ghost. A digital séance where we all whisper, ‘Are you still there?’

    And the answer, always, is silence.

  • Andy Walton
    Andy Walton
    December 22, 2025 AT 01:09

    bro i bought WANNA at 0.0003 and now it's 0.000247 😭 but like... maybe it'll pump again?? 🤞 maybe the team will come back?? 🥺 i still believe in magic 💫✨ #WANNAtotheMoon 🚀💸

  • Candace Murangi
    Candace Murangi
    December 23, 2025 AT 16:49

    I’m from Kenya. We have a saying: ‘Don’t chase a shadow thinking it’s a person.’ Wannaswap? That’s a shadow with a website. The real projects? They’re the ones people still talk about in the villages, not just the cities. Ref Finance? Yeah, I’ve used it. Works. No drama. Just swaps.

    Stop looking at charts. Look at people. If no one’s talking, it’s dead. Simple.

  • Albert Chau
    Albert Chau
    December 23, 2025 AT 19:15

    You’re not an investor. You’re a sucker. And if you’re still holding WANNA, you’re not just broke-you’re unteachable.

  • Madison Surface
    Madison Surface
    December 24, 2025 AT 06:12

    I just cried reading this. Not because I lost money-though I did-but because I believed. I thought maybe this time, it was different. Maybe they had heart. Maybe they’d fix it. But they didn’t. And now I feel stupid. And sad. And so, so tired of this cycle.

    To everyone who says ‘just don’t invest’-I get it. But it’s not that simple. You get caught up in the hype. The Discord. The memes. The ‘this is the one.’ And then… nothing. Just silence.

    I’m not mad at the team. I’m sad for us. For everyone who still believes in fairy tales with smart contracts.

  • Tiffany M
    Tiffany M
    December 26, 2025 AT 00:54

    so like... if the exchange is dead, why is WANNA still listed on bybit?? 🤔 is that just to trick people?? like... are they running a pump and dump on a corpse?? 🤨 i feel so used

  • Scot Sorenson
    Scot Sorenson
    December 26, 2025 AT 04:04

    Wannaswap didn’t fail. It was murdered. By greed. By lazy devs. By investors who thought ‘low fees’ meant ‘free money.’ The token’s price isn’t down 99.99%-it’s been assassinated. And the only ones holding the knife are the exchanges listing it. They’re not selling a product. They’re selling a funeral.

  • PRECIOUS EGWABOR
    PRECIOUS EGWABOR
    December 26, 2025 AT 23:07

    Let’s be real-Wannaswap was never meant to last. It was a 2021 trend-chaser with a pretty whitepaper and a Discord server full of bots. The team knew it was a flash in the pan. They took the money, vanished, and left the rest of us to clean up the glitter.

    And now? We’re all just picking up the pieces, pretending we didn’t see it coming. But we did. We just didn’t want to admit we were wrong.

  • Caroline Fletcher
    Caroline Fletcher
    December 27, 2025 AT 19:51

    the whole thing is a cia op. they killed wannaswap so people would lose faith in aurora so they could push their own chain. the team never existed. it was all a test to see how many gullible people would buy a token with no utility. i have proof. ask me.

  • Taylor Farano
    Taylor Farano
    December 28, 2025 AT 16:17

    WANNA token price: $0.000247. Market cap: $28,500. That’s less than the cost of one Ethereum block reward. Congratulations. You’ve turned a crypto project into a rounding error.

  • Ian Norton
    Ian Norton
    December 29, 2025 AT 03:58

    The only thing more tragic than Wannaswap’s death is the fact that people are still writing about it. Let it rest. No one cares. No one uses it. No one will ever use it again. Stop feeding the corpse.

  • Kathy Wood
    Kathy Wood
    December 30, 2025 AT 23:44

    This is why I don’t trust any project without a VC backer. No funding = no future. No future = no reason to care. Wannaswap was a scam waiting to happen. And now it’s a lesson. Don’t be the fool.

  • Hari Sarasan
    Hari Sarasan
    January 1, 2026 AT 20:57

    As a developer who worked on Aurora EVM side projects, I can confirm: Wannaswap’s codebase was amateurish from day one. Poorly structured, no tests, no documentation. The team likely outsourced everything to a freelance marketplace. No long-term vision. Just a token launch and exit. The liquidity pools were never meant to be sustainable-they were vanity metrics for a token sale.

    The real issue? Exchanges like Bybit list these tokens without due diligence. They profit from the volume, regardless of whether the project is alive. They’re not marketplaces. They’re casinos with blockchain branding.

    Until exchanges enforce basic project health checks, this will keep happening. And you? You’ll keep losing money.

  • Stanley Machuki
    Stanley Machuki
    January 2, 2026 AT 17:39

    Hey. I know it hurts. But you’re not alone. I lost money on a dozen dead projects too. The key? Don’t let it break you. Learn. Move on. Find Ref Finance. Try Step. There’s still good stuff out there. You just gotta look for the builders-not the buzzwords.

  • Jessica Petry
    Jessica Petry
    January 3, 2026 AT 11:40

    How is this even still a conversation? The token is worth less than the gas fee to move it. The website is a relic. The team is gone. The liquidity is zero. The only reason anyone mentions it is because they’re still holding it and hoping for a miracle. That’s not hope. That’s self-deception dressed up as ‘investing.’

    It’s not a lesson. It’s a funeral. And you’re all standing around it, taking selfies.

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