Crypto & Blockchain IceCreamSwap (Blast) Crypto Exchange Review: Is It Worth Using in 2026?

IceCreamSwap (Blast) Crypto Exchange Review: Is It Worth Using in 2026?

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IceCreamSwap on Blast looks good on paper - AI-powered swaps, Uniswap V3 tech, native ETH staking integration. But here’s the reality: as of October 2025, IceCreamSwap (Blast) reported $0 in 24-hour trading volume. Zero. Not $500. Not $5,000. Nothing. That’s not a glitch. That’s a signal.

What Is IceCreamSwap (Blast)?

IceCreamSwap (Blast) is a decentralized exchange built specifically for the Blast Layer 2 blockchain. It doesn’t reinvent the wheel - it uses the same Uniswap V3 smart contracts that have handled over $1.5 trillion in trades across Ethereum and other chains since 2021. That’s a solid foundation. But unlike Uniswap, which has deep liquidity pools everywhere, IceCreamSwap on Blast is running on empty.

The platform promises AI-driven order routing, scanning multiple liquidity sources to find the best price and lowest slippage. Sounds smart. But if there’s no liquidity to scan, the AI has nothing to work with. It’s like having a GPS that can’t find any roads.

It’s part of the larger IceCreamSwap ecosystem, which also runs on Binance Smart Chain, Bitgert, and XDC. But those chains have real users and volume. Blast? Not so much.

How It Works (In Theory)

Using IceCreamSwap (Blast) is like using any other DEX. You connect your wallet - usually MetaMask with Blast network added (chain ID: 81457, RPC: https://rpc.blast.io). Then you pick two tokens, set your slippage tolerance, and hit swap. The interface is clean, familiar if you’ve used Uniswap before.

Liquidity providers can deposit tokens into pools and earn trading fees. The platform supports concentrated liquidity - meaning you can choose a price range to lock your funds in, like putting money in a high-yield savings account only when the rate hits 5%. That’s powerful… if anyone’s actually providing liquidity.

It also claims to integrate with Blast’s native yield features: staking ETH to earn rewards and earning yield on stablecoins via T-Bill-like mechanisms. But there’s no public documentation showing how this works on IceCreamSwap. Does your LP position auto-stake? Does it earn Blast’s yield? No one knows.

Why It’s Not Working

The numbers don’t lie. CoinMarketCap shows $0 volume. Thruster Finance, another DEX on Blast, had $23.7 million in 24-hour volume the same month. OmniDex? Active. Thruster? Active. IceCreamSwap? Ghost town.

There are no user reviews on Reddit, Trustpilot, or CryptoSlate. No Telegram groups for Blast-specific support. No Discord channels buzzing with trades. The main IceCreamSwap Twitter has 18,500 followers, but zero posts mention Blast. No tutorials. No success stories. No complaints. Just silence.

Compare that to Blast’s own token unlock in July 2025, when 10.5 billion tokens (worth $22.6 million) hit the market. That kind of event usually triggers a wave of DeFi activity - swaps, LPs, yield farming. IceCreamSwap didn’t ride it. It vanished.

Security audits? No public reports for the Blast version. Code on GitHub? Not linked. Updates? None documented since launch. The parent company seems to have moved on.

How It Compares to Other Blast DEXs

IceCreamSwap (Blast) vs. Top Blast DEXs (October 2025)
Feature IceCreamSwap (Blast) Thruster Finance OmniDex
24-Hour Volume $0 $23.7M $8.2M
Liquidity Pools Minimal, mostly empty Dozens of active pairs Active with incentives
AI Order Routing Claimed, unverified Basic routing Basic routing
Community Activity None 15,000+ Telegram members Active Discord
Yield Integration Unclear Yes, with staking rewards Yes, with farming
Security Audits Not published Published by CertiK Published by PeckShield

Thruster Finance and OmniDex aren’t just bigger - they’re alive. They run farming campaigns, partner with new token projects, update their interfaces, and respond to users. IceCreamSwap (Blast) looks like a prototype that got abandoned after launch.

Vibrant DEX marketplace with active booths, while a forgotten IceCreamSwap stall lies abandoned and covered in cobwebs.

Who Should Avoid It

If you’re looking to swap large amounts of tokens - forget it. Slippage will be terrible. Or worse, your trade won’t go through at all. No liquidity means no execution.

If you’re a liquidity provider hoping to earn fees - don’t. You’ll be the only one in the pool. Your capital will sit idle. You might even lose money to impermanent loss with no trading activity to offset it.

If you care about security - there’s no audit report. No public code. No track record. That’s not a risk you want to take with your crypto.

If you’re new to DeFi - don’t start here. The learning curve is steep enough on active DEXs. IceCreamSwap (Blast) adds confusion with zero support.

Who Might Still Use It

Only two types of people might consider using it:

  • Researchers testing Blast’s ecosystem - maybe you’re documenting every DEX on the chain, even dead ones.
  • Speculators betting on a comeback - if IceCreamSwap suddenly drops a liquidity incentive program or gets backed by a major project, it could revive. But that’s a lottery ticket, not an investment.

What’s Missing?

IceCreamSwap (Blast) has no roadmap. No blog updates. No team announcements. No Twitter threads explaining why volume is zero. No GitHub commits since early 2024. No response to user questions on Twitter or Telegram.

It’s not just inactive - it’s invisible. And in crypto, invisibility equals death.

Even if the underlying tech is solid (and it is), a DEX lives and dies by liquidity and community. IceCreamSwap (Blast) has neither.

A trader faces a <h2>Alternatives That Actually Work</h2> volume screen, surrounded by fading spirit animals representing missing audits, silence, and frozen rewards.

Alternatives That Actually Work

If you’re on Blast and want to trade or provide liquidity, here are real options:

  • Thruster Finance - Best overall. High volume, active community, regular updates.
  • OmniDex - Solid alternative with yield farming and low fees.
  • BlastSwap - Officially backed by the Blast team. More reliable.
  • Uniswap V3 on Blast - Direct, no middleman. Still has more volume than IceCreamSwap.

These platforms have audits, user reviews, active teams, and real trading. IceCreamSwap doesn’t.

Final Verdict

IceCreamSwap (Blast) is a ghost. It’s a DEX with the tech of a winner but the soul of a failure. The AI routing? The Uniswap V3 base? All theoretical. In practice, it’s unusable.

There’s no evidence it’s being maintained. No signs it’s growing. No community. No volume. No future.

If you’re looking to trade on Blast, use Thruster, OmniDex, or Uniswap. Don’t waste your time - or your crypto - on IceCreamSwap (Blast).

Frequently Asked Questions

Is IceCreamSwap (Blast) safe to use?

There’s no public security audit for the Blast version. While the underlying Uniswap V3 code is well-tested, IceCreamSwap’s implementation hasn’t been verified by third parties. Without audits or code transparency, you’re trusting unknown developers with your funds. Not recommended.

Why is the trading volume $0?

There’s no liquidity. No users. No incentives. IceCreamSwap (Blast) launched without attracting providers or traders. Without people putting money in, there’s nothing to trade. It’s a classic case of a project that built the tool but forgot to build the community.

Can I earn yield on IceCreamSwap (Blast)?

The platform claims to integrate with Blast’s T-Bill yield and ETH staking, but there’s no documentation showing how. Even if it did, with zero trading volume, liquidity providers earn almost nothing in fees. Any yield would come from token rewards - but no such program has been announced.

Does IceCreamSwap support cross-chain swaps?

The broader IceCreamSwap platform supports multiple chains like BSC and XDC, but the Blast version is isolated. There’s no evidence of cross-chain bridges or interoperability on the Blast network. You can only swap tokens native to Blast.

Should I invest in IceCreamSwap’s native token?

There is no native token for IceCreamSwap (Blast). The main IceCreamSwap token (ICED) exists on other chains, but it’s not used on Blast. Investing in ICED won’t give you access to Blast features. Don’t confuse the parent project with this dead chain integration.

Will IceCreamSwap (Blast) come back?

It’s possible, but unlikely. Projects don’t come back from $0 volume without major funding, a new team, or a big incentive program. IceCreamSwap hasn’t made a single public update since early 2024. If it were going to revive, it would’ve done so by now.

About the author

Kurt Marquardt

I'm a blockchain analyst and educator based in Boulder, where I research crypto networks and on-chain data. I consult startups on token economics and security best practices. I write practical guides on coins and market breakdowns with a focus on exchanges and airdrop strategies. My mission is to make complex crypto concepts usable for everyday investors.

12 Comments

  1. Steven Dilla
    Steven Dilla

    This is why I told everyone to avoid Blast DEXes that aren’t officially backed - IceCreamSwap is a ghost town, and you’re just throwing your gas fees into a black hole. 🚫💸

  2. Katie Teresi
    Katie Teresi

    Zero volume? No audits? No updates since 2024? This isn’t a failed project - it’s a scam waiting for the next sucker to deposit their ETH. People still fall for this? 🤦‍♀️

  3. Christopher Michael
    Christopher Michael

    Let’s be real - the tech behind IceCreamSwap isn’t bad. Uniswap V3 is solid, and AI routing could’ve been a game-changer. But crypto isn’t about tech alone. It’s about community, incentives, and momentum. When you launch without a marketing plan, without liquidity mining, without even a Discord server - you’re not building a DEX. You’re building a museum exhibit. And the plaque says: 'Here lies ambition, buried by neglect.'

    Compare this to Thruster Finance: they’re running weekly airdrops, hosting AMAs, even paying influencers to make TikToks about their pools. IceCreamSwap? Crickets. Not because the code is broken - because the team stopped caring. And in DeFi, that’s death. No one’s coming to save a project that doesn’t speak up.

    Also, the fact that they’re still listed on CoinMarketCap with $0 volume is embarrassing. That’s like listing a closed restaurant with ‘Open 24/7’ on the sign. It doesn’t help anyone. It confuses new users. And honestly? It makes the whole ecosystem look sloppy.

    I’ve used IceCreamSwap on BSC. It’s decent. But Blast? No. Not even for research. I’d rather swap on a shell script I found on Pastebin than trust this ghost. The silence is louder than any audit report.

    And for anyone saying ‘maybe it’ll come back’ - no. Projects don’t resurrect themselves. They get bought. They get rebuilt. They get a new team. IceCreamSwap hasn’t even posted a tweet in 18 months. That’s not a pause. That’s a funeral.

    Use Thruster. Use OmniDex. Use Uniswap V3 on Blast. But don’t waste your time on a digital ghost. It won’t haunt you - it’ll just eat your gas fees and vanish.

  4. josh gander
    josh gander

    Man, I feel bad for whoever built this. I’ve seen projects die - but this? This feels like someone coded the whole thing in a weekend, threw it on Blast, and then got distracted by a new NFT hype train. The UI looks clean, the concept is smart - but no one’s home. No updates, no replies, no love. It’s like leaving your car parked in a driveway with the keys in the ignition… and then forgetting you own a car.

    DeFi isn’t just code - it’s culture. You need memes, you need drama, you need people arguing about slippage in Discord at 2 a.m. IceCreamSwap (Blast) is a silent room with a fancy rug. Pretty, but empty.

    I’m gonna give it one more shot - maybe next week they drop a liquidity incentive. But if not? I’m deleting it from my wallet. No point keeping a tombstone in your portfolio.

    Also, shoutout to the people who actually wrote this review. You did the work so we don’t have to. 🙏

  5. Moray Wallace
    Moray Wallace

    Interesting analysis. I appreciate the comparison table - very clear. The silence from the team is indeed the most telling sign. In traditional finance, this would be a red flag for regulatory scrutiny. In crypto? It’s just another graveyard.

    Still, I wonder if the lack of documentation is due to legal caution rather than abandonment. Maybe they’re waiting for compliance clarity before pushing further. Unlikely, but possible.

  6. Aaron Poole
    Aaron Poole

    Yeah, I checked this out last month just out of curiosity. Connected my wallet, tried swapping USDB for wETH - got ‘insufficient liquidity’ error. No warning. No explanation. Just… nothing. No UI hint, no tooltip, no help button. Like walking into a store that’s closed but still has the lights on.

    Also, the fact that the parent company still promotes IceCreamSwap on BSC while ignoring Blast? That’s not negligence - that’s abandonment with a smiley face. They’re milking the brand while letting the Blast version rot.

    TL;DR: Don’t touch it. Use Thruster. Save your sanity.

  7. Rico Romano
    Rico Romano

    Anyone who still considers using IceCreamSwap (Blast) is either a crypto naive or a degenerate hoping for a 1000x on dead code. This isn’t ‘risky’ - it’s a joke. The fact that this even exists on CoinMarketCap is an indictment of the entire industry. America leads in innovation - not in this kind of garbage. The EU would’ve shut this down for false advertising. We’re just letting it linger like a bad smell.

  8. Gustavo Gonzalez
    Gustavo Gonzalez

    Let’s cut the fluff - IceCreamSwap (Blast) is a failed product, but the real story is the ecosystem that allowed it to exist. Blast’s token unlock was a $22M event, and the top DEXes captured 99% of the volume. IceCreamSwap? Zero. Why? Because no one trusted them. No audits. No team transparency. No roadmap. Just a GitHub repo that hasn’t been touched since 2024.

    Meanwhile, Thruster Finance has a team of 12, weekly blog posts, and a Discord with 15k members who actually debate liquidity strategies. IceCreamSwap has… a Twitter profile with 18.5k followers who all follow it because they think it’s ‘the original’ - but none of them ever trade.

    It’s not about tech. It’s about credibility. And credibility? You earn it by showing up. IceCreamSwap didn’t. They ghosted the chain. And now they’re just a cautionary tale wrapped in Uniswap V3 code.

    Also - if you’re a dev reading this: don’t build on a chain without a functioning DEX ecosystem. You’re not innovating. You’re building on quicksand.

  9. Akhil Mathew
    Akhil Mathew

    Interesting how this mirrors what happened to a lot of early Solana DEXes in 2021 - flashy launch, zero follow-through. The difference? Solana had Solana Foundation and Serum to clean up the mess. Blast? No one’s cleaning up. IceCreamSwap is just… there. Like a broken vending machine you keep checking for snacks.

    Also, the AI routing claim is hilarious. AI needs data. Data needs volume. Volume needs users. Users need trust. Trust needs audits. Where’s the audit? Nowhere. So the AI is just a marketing buzzword. Like saying your toaster has ‘quantum heating’.

    Still, props to the author for the detailed breakdown. Most people just say ‘don’t use it’ - you showed why.

  10. Sunil Srivastva
    Sunil Srivastva

    Hey, I tried IceCreamSwap last week just to see if it worked. Swapped 0.01 ETH for USDB… took 45 seconds, then failed with ‘slippage too high’. But the pool had 0.000001 ETH in it. So… yeah. No surprise.

    Went to Thruster right after - did the same trade in 3 seconds with 0.1% slippage. I didn’t even need to adjust anything.

    Just wanted to say: if you’re thinking of trying this, don’t. Save yourself the gas and the frustration. Thruster is the real deal.

  11. Gary Gately
    Gary Gately

    bro icecreamswap blast is dead like my last relationship… no replies, no vibes, no future. just a ghost with a fancy ui. use thruster. trust me. 🤡

  12. Aaron Poole
    Aaron Poole

    Just saw someone on X asking if IceCreamSwap (Blast) is still active. I linked this post. Hope they listened. This is exactly the kind of thing that gets new users burned. Thanks for writing this - it’s the kind of truth-telling the crypto space desperately needs.

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