TrustSwap (SWAP): how it works, supply and reviews
In short
- Type
- Group of five platforms: Team Finance, TrustSwap Launchpad, The Crypto App, Panthea and Alcyone
- Maximum supply
- Fixed maximum supply of 100 million SWAP
- Risks and caveats
- The SWAP sale is not available to residents of sanctioned territories listed in the terms, including Iran, North Korea, Syria and Crimea.
- Checked
- 31 October 2026
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Key facts
- Ticker
- SWAP
- Official site
- trustswap.com
Key facts checked on 31 October 2026 against official sources.
What is TrustSwap
TrustSwap is a Web3 infrastructure group, founded in 2020 and headquartered in Abu Dhabi, that runs Team Finance (token creation, locks and vesting), the TrustSwap Launchpad, The Crypto App, Panthea custody and Alcyone advisory. SWAP is its ERC-20 utility token, staked to set Launchpad allocation tiers.
Network and consensus
| Parameter | Details |
|---|---|
| Type | Group of five platforms: Team Finance, TrustSwap Launchpad, The Crypto App, Panthea and Alcyone |
| Runs on | SWAP is a token on Ethereum, live since 2020 |
| Smart contracts | Team Finance create, lock, vest, stake and payout contracts on 25 chains; audited and non-custodial |
| Custody model | Non-custodial: locked and vested assets are held by the contracts the project deploys |
Supply and issuance
| Parameter | Details |
|---|---|
| Maximum supply | Fixed maximum supply of 100 million SWAP |
What SWAP is used for
- Staking SWAP sets a holder's allocation tier for TrustSwap Launchpad raises.
- The SWAP Score is SWAP staked times a lock multiplier, from 1x for 30 days to 10x for five years.
- The top 1,000 stakers get guaranteed Launchpad access, free Crypto App Pro+ and 25% off Team Finance Pro.
Who develops and governs TrustSwap
- Company
- TrustSwap Inc.
- Headquarters
- Abu Dhabi, United Arab Emirates, with a remote team
- Leadership
- CEO Naïm Boughazi; COO Ivan Anastassov
- Custody partner
- Panthea's treasury accounts are held at Blockfort AG, which TrustSwap describes as a regulated Swiss custodian
- Open source
- Team Finance contracts are open source and verifiable on supported chains
History
| Date | Event |
|---|---|
| 2020 | TrustSwap launches as a token-creation and token-locking platform; Team Finance and TrustSwap Launchpad go live. |
| 2021 | The Launchpad completes more than 25 IDO launches and The Crypto App passes 1 million downloads. |
| 27 October 2022 | Team Finance announces it has been alerted to an exploit and asks the exploiter to get in contact for a bounty payment. |
| 1 March 2026 | TrustSwap's current Terms & Conditions are last updated. |
Security and audits
- TrustSwap says Team Finance contracts were audited by CertiK, Hacken, BailSec and Zokyo, with reports published.
- TrustSwap runs a bug bounty with rewards of up to $50,000.
- In October 2022 Team Finance announced an exploit on its platform.
Security incidents
| Date | What happened | Source |
|---|---|---|
| 27 October 2022 | Exploit: Team Finance, TrustSwap's token-locking platform, announced it had been alerted to an exploit, was unsure of the details, and urged the exploiter to get in contact for a bounty payment. Funds returned: not stated | x.com |
Further incidents are reported by third parties (press, incident databases) but are not confirmed in the company’s own channels, so they are not listed here.
Official SWAP contracts
| Network | Contract address |
|---|---|
| Ethereum | 0xCC4304A31d09258b0029eA7FE63d032f52e44EFe |
TrustSwap recommends only this Ethereum address and warns that tokens named SWAP exist at other addresses and on other chains, including outdated bridged contracts.
Risks and caveats
- The SWAP sale is not available to residents of sanctioned territories listed in the terms, including Iran, North Korea, Syria and Crimea.
- Tokens with the same SWAP ticker exist at other addresses and chains; TrustSwap warns to verify the contract.
- The terms require binding arbitration and a waiver of class actions.
Official links
- Website: trustswap.com
- Token: trustswap.com/buy-swap
- Security: trustswap.com/security
- Blog: trustswap.com/blog
- Team Finance: team.finance
Questions and answers
What is TrustSwap?
A Web3 infrastructure group founded in 2020 and based in Abu Dhabi that runs Team Finance, the TrustSwap Launchpad, The Crypto App, Panthea and Alcyone.
What is the SWAP token used for?
Holders stake SWAP to set their TrustSwap Launchpad allocation tier; longer locks give multipliers from 1x to 10x.
What is the maximum supply of SWAP?
100 million SWAP, a fixed maximum supply, on Ethereum.
What is the official SWAP contract address?
0xCC4304A31d09258b0029eA7FE63d032f52e44EFe on Ethereum mainnet; TrustSwap warns that other tokens use the SWAP ticker.
Was Team Finance hacked?
On 27 October 2022 Team Finance announced it had been alerted to an exploit on its platform and asked the exploiter to make contact for a bounty.
Sources
- TrustSwap - Home
- TrustSwap - About
- TrustSwap - FAQ
- TrustSwap - Security
- TrustSwap - Buy SWAP
- TrustSwap - Terms & Conditions (last updated 1 March 2026)
- Team Finance on X - exploit notice (27 October 2022)
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