IceCreamSwap (Blast) Review: Is This DEX Worth Your Trust in 2026?

It is rare to find a decentralized exchange that looks fully operational on paper but shows absolutely zero trading activity. That is exactly what you see with IceCreamSwap on the Blast network. If you clicked this title because you are looking for a safe place to swap tokens or provide liquidity on Blast, you need to pause. The data tells a stark story: as of late 2025 and continuing into 2026, this platform reports $0 in 24-hour volume. For a trader, that means no liquidity. For a liquidity provider, it means no fees. Let’s break down why this happens, how the technology works under the hood, and whether there is any reason to keep an eye on it.

The Core Technology: Uniswap V3 Clone

To understand IceCreamSwap on Blast, you first have to look at its foundation. It does not use proprietary smart contract logic. Instead, it relies on unmodified Uniswap V3 contracts. These contracts are battle-tested, having processed over $1.5 trillion in cumulative volume across various blockchains since 2021. They have undergone rigorous security audits by firms like OpenZeppelin. From a pure code perspective, the risk of a fundamental protocol failure is low because the math and architecture are identical to one of the most successful DeFi protocols in history.

However, using standard contracts does not guarantee success. It only guarantees that the engine is reliable. The car still needs fuel-liquidity-and drivers-users. IceCreamSwap’s value proposition rests on its AI-powered DEX aggregator. This system claims to scan multiple liquidity sources to find optimal swap routes, splitting orders to minimize slippage. In theory, this sounds efficient. In practice, without deep liquidity pools, even the best routing algorithm cannot create value out of thin air. You cannot route an order through empty pools.

The Liquidity Problem

The most critical metric for any exchange is volume, and IceCreamSwap fails here decisively. CoinMarketCap data from October 2025 shows $0 in daily trading volume. This is not a temporary dip; it suggests a structural lack of adoption. When you compare this to Thruster Finance, another DEX on Blast, the contrast is glaring. Thruster reported nearly $24 million in daily volume during the same period. Why does this matter? Because liquidity attracts traders, and traders attract more liquidity. It is a network effect. Without it, your trades will suffer from massive slippage, meaning you get significantly fewer tokens than expected when swapping.

This lack of activity coincides with broader challenges in the Blast ecosystem. Blast launched its mainnet in February 2024, promising native ETH staking and stablecoin T-Bill yields. However, mid-2025 saw significant token unlocks. On July 28, 2025, approximately 10.5 billion BLAST tokens were released to investors and contributors. This event created substantial sell pressure across the entire network. While major players like Thruster survived this shock, smaller integrations like IceCreamSwap likely failed to gain the necessary traction to survive the volatility. The absence of specific incentives or marketing pushes for the Blast version further explains the silence.

User Experience and Accessibility

If you decide to test the waters despite the red flags, the user experience follows standard Web3 patterns. You will need a compatible wallet like MetaMask. You must manually add the Blast network configuration to your wallet settings:

• Network Name: Blast Mainnet
• Chain ID: 81457
• RPC URL: https://rpc.blast.io
• Currency Symbol: ETH

Once connected, the interface resembles other Uniswap V3 forks. You select your input and output tokens, set your slippage tolerance, and approve the transaction. The learning curve is moderate. Experienced DeFi users will feel at home, but beginners might struggle with concepts like concentrated liquidity positions and impermanent loss. There is no customer support chat or dedicated help desk for Blast-specific issues. Troubleshooting relies entirely on public documentation and community forums, which, as noted earlier, are virtually nonexistent for this specific integration.

Security Considerations

Security in DeFi operates on two levels: code integrity and economic viability. Code-wise, IceCreamSwap inherits the robustness of Uniswap V3. The risk of a hack due to flawed core logic is minimal. However, economic viability is part of security too. A platform with no liquidity is a honeypot for bad actors or simply a dead end for your capital. If you provide liquidity to an empty pool, you face 100% impermanent loss relative to holding the assets, plus you earn no fees to offset that loss.

Furthermore, there is no public record of specific security audits for the IceCreamSwap Blast implementation itself. While the underlying Uniswap contracts are audited, the front-end integration and any custom aggregator logic may not have undergone independent review. Always verify contract addresses directly from official sources before connecting your wallet. Never trust links from social media comments or unofficial Discord channels.

Alternatives on Blast Network

If you want to trade on Blast, better options exist. Thruster Finance is currently the dominant player. It offers deeper liquidity, active development, and a larger community. Another option is OmniDex, which also maintains visible trading activity. Both platforms benefit from the network effects that IceCreamSwap lacks. For cross-chain swaps, consider using aggregators like Jupiter or 1inch that route through multiple chains, rather than relying on a single-chain DEX with questionable volume.

Verdict: Stay Cautious

IceCreamSwap on Blast is a theoretical solution rather than a practical one. The technology stack is sound, leveraging proven Uniswap V3 infrastructure. However, the market reality is harsh. With zero reported volume, minimal community presence, and no unique incentives, it does not offer value to traders or liquidity providers. Until you see consistent daily volume and active development updates, it is safer to stick with established alternatives like Thruster Finance. In DeFi, liquidity is king, and right now, IceCreamSwap has none.