[Exchanges](https://revain.org/exchanges/) › Komodo Wallet (now Gleec Dex)

# 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 ↗](https://komodoplatform.com/en/blog/gleec-acquires-komodo-ecosystem/)
- **Licence**: Gleec says it is licensed; we found no register entry (checked 1 November 2026). [source ↗](https://komodoplatform.com/en/blog/gleec-acquires-komodo-ecosystem/)

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

## Key facts

- **Type**: Decentralized exchange
- **Exchange launched**: 2017
- **Operator**: Komodo Platform (acquired by Gleec)
- **Formerly**: BarterDEX
- **Official site**: [komodoplatform.com/en/wallet](https://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. [↗](https://komodoplatform.com/en/blog/gleec-acquires-komodo-ecosystem/)
- The former web app address app.komodoplatform.com now opens Gleec Dex. [↗](https://app.komodoplatform.com/)
- Komodo technology has powered Gleec's own DEX since 2021. [↗](https://komodoplatform.com/en/blog/gleec-acquires-komodo-ecosystem/)
- Gleec Wallet releases 0.9.4-0.9.6 added one-tap migration for users of the original Gleec DEX app. [↗](https://komodoplatform.com/en/blog/gleec-wallet-0-9-4-0-9-6/)
- No KYC is required: the wallet is permissionless and non-custodial. [↗](https://komodoplatform.com/en/)

## 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](https://komodoplatform.com/en/blog/update-agama-vulnerability/) |

## 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](https://komodoplatform.com/en/wallet/)
- Blog: [komodoplatform.com/en/blog](https://komodoplatform.com/en/blog/)
- Security: [komodoplatform.com/en/blog/update-agama-vulnerability](https://komodoplatform.com/en/blog/update-agama-vulnerability/)
- Fees: [komodoplatform.com/en/blog/kmd-burn-program-komodo-wallet](https://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](https://komodoplatform.com/en/)
- [Komodo Wallet - product page](https://komodoplatform.com/en/wallet/)
- [Komodo blog - Komodo introduces Komodo Wallet (10 Jul 2023)](https://komodoplatform.com/en/blog/brand-unification/)
- [Komodo blog - AtomicDEX public beta](https://komodoplatform.com/en/blog/atomicdex-komodos-revolutionary-p2p-atomic-swap-decentralized-exchange-now-in-public-beta/)
- [Komodo blog - AtomicDEX public beta (Wayback, 18 Jul 2019)](https://web.archive.org/web/20190718053000/https://komodoplatform.com/atomicdex-komodos-revolutionary-p2p-atomic-swap-decentralized-exchange-now-in-public-beta/)
- [Komodo blog - Update on Komodo's Agama Wallet Vulnerability](https://komodoplatform.com/en/blog/update-agama-vulnerability/)
- [Komodo blog - Gleec Acquires the Komodo Ecosystem](https://komodoplatform.com/en/blog/gleec-acquires-komodo-ecosystem/)
- [Komodo blog - Gleec Wallet 0.9.4-0.9.6](https://komodoplatform.com/en/blog/gleec-wallet-0-9-4-0-9-6/)
- [Komodo blog - KMD Burn Program](https://komodoplatform.com/en/blog/kmd-burn-program-komodo-wallet/)
- [Komodo blog - Q4 2023 Progress Report](https://komodoplatform.com/en/blog/q4-2023-progress-report/)
- [Komodo Wallet web app (opens Gleec Dex)](https://app.komodoplatform.com/)
- [Komodo docs - Komodo Wallet Guides](https://komodoplatform.com/en/docs/komodo-wallet/)
- [GitHub - GLEECBTC/gleec-wallet](https://github.com/GLEECBTC/gleec-wallet)

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Page updated: 2026-11-01

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Source: https://revain.org/exchanges/komodo-wallet/