Amaterasu Finance Crypto Exchange Review: Is This DEX Still Operational?

Amaterasu Finance Crypto Exchange Review: Is This DEX Still Operational?

If you're looking for a new decentralized exchange to trade crypto, you might have come across Amaterasu Finance. But here’s the reality: as of October 2025, this platform isn’t just inactive-it’s effectively dead.

Amaterasu Finance launched in 2022 during the peak of DeFi hype, promising a non-custodial trading experience like Uniswap or PancakeSwap. But unlike those platforms, which handle billions in daily volume, Amaterasu Finance hasn’t recorded a single trade in the last 30 days. That’s not a glitch. That’s a shutdown.

Holder.io, a reliable data aggregator for crypto exchanges, confirms zero trading activity since late August 2025. CoinGecko, another trusted source, lists only one token and two trading pairs-yet even those appear to be ghosts. The platform’s trust score of 2 out of 10 screams red flags: no proof of reserves, no transparency, no user base.

What Even Is Amaterasu Finance?

Amaterasu Finance is classified as a decentralized exchange (DEX), meaning it’s supposed to let you trade crypto directly from your wallet without handing over control of your funds. That’s a good thing-in theory.

But here’s where it falls apart. Most DEXs run on popular blockchains like Ethereum or Binance Smart Chain. Amaterasu Finance appears locked to the Aurora network, based on its only active trading pair: IZA/AURORA. That alone limits its audience to a tiny slice of DeFi users.

There’s no public documentation on its smart contracts. No audit reports. No team members listed. No GitHub activity. No social media updates since 2023. It’s like a store with the lights off, the doors locked, and no sign saying why.

Trading Pairs? Almost None

Let’s talk about what you can actually trade. Holder.io says there are four tokens listed. CoinGecko says one. Either way, that’s nowhere near enough.

Compare that to Coinbase, which supports over 250 cryptocurrencies. Even smaller DEXs like SushiSwap offer 50+ trading pairs. Amaterasu Finance? You’re stuck with maybe one or two. If you’re holding anything besides IZA or AURORA, you can’t trade it here. Not even Bitcoin or Ethereum.

And even if you did hold IZA, you couldn’t trade it-because no one else is. Liquidity is zero. Slippage would be insane. Your transaction might not even go through.

Why the Trust Score Is So Low

CoinGecko’s trust score isn’t arbitrary. It’s based on real metrics: proof of reserves, security history, regulatory compliance, and whether the exchange shows signs of wash trading or fake volume.

Amaterasu Finance scores a 2. That’s lower than most failed projects. For context: Binance scores 9, Coinbase 8, and even lesser-known DEXs like Curve or Trader Joe score above 6. A score of 2 means the platform fails on at least three core criteria.

There’s no evidence they ever held reserves. No audits. No KYC. No customer support channels. No public team. No roadmap. No updates. In a space where trust is everything, this exchange has none.

No Users. No Reviews. No Activity.

You won’t find a single Reddit thread about Amaterasu Finance. No YouTube reviews. No Twitter chatter. No complaints on Trustpilot. Nothing.

That’s not because it’s secretly great. It’s because nobody used it. Not enough to leave feedback. Not enough to cause problems. Not enough to even get noticed.

Even the most obscure exchanges have at least a handful of users who post about bugs, delays, or scams. Amaterasu Finance? Silence. The kind of silence that follows when a project is abandoned.

How It Compares to Real Alternatives

Here’s what a working DEX looks like in 2025:

• Uniswap (Ethereum): $1.8B daily volume, 10,000+ tokens, open-source code, audited contracts.
• PancakeSwap (BSC): $450M daily volume, 500+ tokens, staking, yield farming, active community.
• SushiSwap: $120M daily volume, 200+ tokens, governance token, regular updates.
• 1inch: Aggregates liquidity across 15+ DEXs, best prices, low slippage.

Amaterasu Finance doesn’t just lose to these-it doesn’t even show up on the radar. It’s not a competitor. It’s a footnote.

Is There Any Way to Use It?

Technically, you could connect your MetaMask wallet to the Amaterasu Finance interface. But what happens next?

You’ll see empty liquidity pools. Your trade will fail. Your gas fees will be wasted. You won’t get any support if something goes wrong. There’s no help center. No email. No Telegram group. No Discord.

It’s like trying to buy groceries from a store that’s been closed for six months. The sign still hangs. The lights might still be on. But there’s no one inside.

And if you send crypto there by accident? Good luck getting it back. Non-custodial doesn’t mean safe if the platform is dead.

What This Means for You

If you’re thinking of trying Amaterasu Finance: don’t. Not even to test it.

This isn’t a risky investment. This is a graveyard. The lack of trading activity isn’t a temporary dip-it’s a death certificate. The low trust score isn’t a warning. It’s a verdict.

There’s no recovery path here. No team is coming back. No new token launch will revive it. No community effort can fix a project with zero documentation and zero engagement.

Save your time. Save your gas fees. Save your crypto.

What to Do Instead

If you want a real decentralized exchange, here are three safe, active options:

1. Uniswap - Best for Ethereum-based tokens. Reliable, well-audited, high liquidity.
2. PancakeSwap - Best for BSC tokens. Low fees, staking, and active development.
3. 1inch - Best for finding the best price across multiple DEXs. Aggregator model reduces slippage.

All three have active communities, public codebases, regular updates, and real trading volume. None of them are ghosts.

And if you’re new to DeFi? Start with one of these. Learn how wallets, gas fees, and liquidity pools work. Then explore newer projects with transparent teams and real activity.

Amaterasu Finance isn’t a hidden gem. It’s a cautionary tale.