Komodo Wallet (now Gleec Dex): security, fees and reviews
Decentralized exchange
Status update
- Now Gleec Dex
- The former web app address app.komodoplatform.com now opens Gleec Dex; Komodo's blog says Gleec acquired Komodo's technology stack, brand, online assets, token infrastructure and core team. source ↗
- Licence
- Gleec says it is licensed; we found no register entry (checked 1 November 2026). source ↗
As of 1 November 2026, from the company’s own announcements unless stated otherwise.
In short
- Fees
- Spot maker: 0%: market makers pay no DEX fees.
- Risks and caveats
- Self-custody: keys stay on the user's device, so a lost seed phrase cannot be recovered by Komodo.
- Checked
- 1 November 2026
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Key facts
- Type
- Decentralized exchange
- Exchange launched
- 2017
- Operator
- Komodo Platform (acquired by Gleec)
- Formerly
- BarterDEX
- Official site
- komodoplatform.com/en/wallet
Key facts checked on 1 November 2026 against official sources.
What is Komodo Wallet (now Gleec Dex)
Komodo Wallet is a non-custodial multi-chain wallet with a built-in decentralized exchange that trades coins peer to peer through atomic swaps and order books. It grew out of Komodo's BarterDEX and AtomicDEX and runs on desktop, mobile and the web.
Good to know
- Gleec acquired Komodo's technology stack, brand, online assets, token infrastructure and core team, according to Komodo's blog. ↗
- The former web app address app.komodoplatform.com now opens Gleec Dex. ↗
- Komodo technology has powered Gleec's own DEX since 2021. ↗
- Gleec Wallet releases 0.9.4-0.9.6 added one-tap migration for users of the original Gleec DEX app. ↗
- No KYC is required: the wallet is permissionless and non-custodial. ↗
Services
| Parameter | Details |
|---|---|
| Spot trading | Peer-to-peer atomic swaps between coins on different chains through order books, without wrapped tokens. |
| Custody / wallet | Non-custodial multi-coin wallet supporting 500+ cryptocurrencies across 10+ protocols. |
| Own token | KMD: 25% of DEX fees on KMD pairs are used to burn KMD. |
Security and audits
- Keys and seed phrases are generated and kept on the user's device.
- The code is open source (GPL-3.0 on GitHub).
- In June 2019 a malicious npm dependency collected seed phrases from Komodo's earlier Agama wallet; Komodo moved about 8 million KMD and 96 BTC from exposed wallets to a secure wallet for return to users.
Security incidents
| Date | What happened | Source |
|---|---|---|
| 4 June 2019 | Key compromise: A malicious update to an npm module used by Komodo's earlier Agama wallet (not AtomicDEX/Komodo Wallet) collected users' seed phrases on a public server. Komodo says an attacker had started emptying wallets; Komodo used the exposed seeds to move about 8 million KMD and 96 BTC to a secure wallet. The KMD blockchain was not affected. Funds returned: Komodo said all swept funds would be returned to users who create a new wallet and complete its Missing Funds Claim Form. | komodoplatform.com |
Fees
| Parameter | Details |
|---|---|
| Spot maker | 0%: market makers pay no DEX fees. |
| Spot taker | Takers pay the DEX fee (rate not stated on the pages saved); 10% discount when selling KMD. |
Who can use it
- Verification: No KYC: the wallet is permissionless and non-custodial.
History
| Date | Event |
|---|---|
| 2017 | Komodo launches BarterDEX, its first atomic-swap DEX. |
| 4 June 2019 | npm alerts Komodo to malicious code in a module used by its earlier Agama wallet. |
| July 2019 | AtomicDEX enters public beta and BarterDEX is retired (post captured 18 July 2019). |
| 10 July 2023 | AtomicDEX is renamed Komodo Wallet; the AtomicDEX API becomes Komodo DeFi Framework. |
| 13 December 2023 | KMD burn program starts: 25% of taker fees on KMD trades burn KMD. |
| — | Gleec acquires the Komodo technology stack, brand and core team. |
| 20 October 2026 | Gleec Wallet 0.9.7-1, built from the former Komodo Wallet repository, is released on GitHub. |
Risks and caveats
- Self-custody: keys stay on the user's device, so a lost seed phrase cannot be recovered by Komodo.
- Ownership and branding are changing after the Gleec acquisition: the web app now opens as Gleec Dex.
- A 2019 malicious-dependency attack on Komodo's earlier Agama wallet exposed users' seed phrases.
About the company
- Formerly
- AtomicDEX, renamed Komodo Wallet on 10 July 2023.
- Parent company
- Gleec, which Komodo's blog says acquired the Komodo stack, brand and core team.
- Own token
- KMD (Komodo).
- Source code
- Repository GLEECBTC/gleec-wallet (formerly KomodoPlatform/komodo-wallet), GPL-3.0.
Official links
- Website: komodoplatform.com/en/wallet
- Blog: komodoplatform.com/en/blog
- Security: komodoplatform.com/en/blog/update-agama-vulnerability
- Fees: komodoplatform.com/en/blog/kmd-burn-program-komodo-wallet
Questions and answers
What happened to BarterDEX?
Komodo retired BarterDEX when it launched AtomicDEX in 2019; AtomicDEX was renamed Komodo Wallet on 10 July 2023.
Is Komodo Wallet custodial?
No. Keys and seed phrases are generated and kept on the user's device, and no KYC is required.
What are Komodo Wallet's fees?
Market makers pay no DEX fee; takers pay the DEX fee, with a 10% discount when selling KMD. 25% of fees on KMD pairs burn KMD.
Who owns Komodo Wallet?
Komodo's blog says Gleec acquired the Komodo technology stack, brand and core team; the web app now opens as Gleec Dex.
Is Komodo Wallet regulated?
No licence is stated for the DEX. Komodo's post calls Gleec licensed but names no licence.
Sources
- Komodo Platform - Home
- Komodo Wallet - product page
- Komodo blog - Komodo introduces Komodo Wallet (10 Jul 2023)
- Komodo blog - AtomicDEX public beta
- Komodo blog - AtomicDEX public beta (Wayback, 18 Jul 2019)
- Komodo blog - Update on Komodo's Agama Wallet Vulnerability
- Komodo blog - Gleec Acquires the Komodo Ecosystem
- Komodo blog - Gleec Wallet 0.9.4-0.9.6
- Komodo blog - KMD Burn Program
- Komodo blog - Q4 2023 Progress Report
- Komodo Wallet web app (opens Gleec Dex)
- Komodo docs - Komodo Wallet Guides
- GitHub - GLEECBTC/gleec-wallet
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