SaucerSwap V2 Review: Hedera’s Leading DEX Unpacked

SaucerSwap V2 Fee Calculator

Estimated Trading Cost

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Stable Coins
0.05% Fee

Lowest risk, lowest fees. Ideal for beginners.

Medium Volatility
0.15% Fee

Balanced risk-reward. Popular among active traders.

High Volatility
0.30% Fee

Higher risk, higher reward. For experienced LPs.

Note: Hedera's base transaction fee is approximately $0.0003 per transaction. This calculator focuses on the protocol's trading fee component only.

If you’ve been hunting for a low‑fee, fast DeFi playground on a non‑Ethereum blockchain, you’ve probably heard of SaucerSwap V2 review. Launched in November 2023, it claims to bring Uniswap‑style concentrated liquidity to Hedera’s high‑throughput network while keeping fees near‑zero. This article walks through what the platform actually offers, how it works under the hood, who benefits most, and whether the numbers back up the hype.

Quick Takeaways

  • SaucerSwap V2 is the first Hedera‑based DEX to implement concentrated liquidity, boosting capital efficiency.
  • Fees start at 0.05% for stable‑coin pairs and rise to 0.30% for volatile assets, still far below Ethereum rivals.
  • SAUCE token trades around $0.06, with a market cap of roughly $47.5M and a circulating supply of 853.7M.
  • Security was audited by Omniscia; no major exploits reported as of Oct2025.
  • Ideal for experienced LPs who can manage price‑range positions; beginners may find the UI steep.

What Is SaucerSwap V2?

SaucerSwap V2 is a decentralized exchange (DEX) built on the Hedera network that adopts Uniswap V3’s concentrated liquidity model. It launched in November2023 as an upgrade to the original V1, which suffered from thin liquidity and high slippage.

Hedera, a permissioned‑friendly public ledger, provides sub‑second finality and a base transaction cost of about $0.0003, making it a sweet spot for traders who balk at Ethereum’s gas spikes. The native utility token, SAUCE, powers fee rebates and governance on the platform.

Core Technology - Concentrated Liquidity Meets Hedera

The heart of V2 is concentrated liquidity, a mechanism that lets liquidity providers (LPs) allocate capital within custom price ranges instead of across the entire curve. By narrowing the range, LPs earn higher fees per unit of capital, while traders experience tighter spreads and lower slippage.

The protocol re‑uses the core contracts from Uniswap V3 but rewrites the periphery layer to talk to Hedera’s Hedera Token Service (HTS) and Smart Contract Service (HSCS). This bridge solves Hedera’s split between token accounts and smart contracts, allowing a single transaction to move HTS‑issued tokens and settle the swap in one step.

V2 also introduces a three‑tier fee schedule:

  • 0.05% for low‑volatility pairs (e.g., stablecoins).
  • 0.15% for medium‑volatility tokens.
  • 0.30% for high‑risk, low‑liquidity assets.

The tiered approach compensates LPs for taking on price‑range risk while keeping buyer costs attractive.

User Experience, Costs, and Learning Curve

From a trader’s perspective, the UI mirrors familiar DEX layouts: select a token pair, set slippage tolerance, and click “Swap”. Transaction confirmation typically lands in under two seconds, and the fee deducted is displayed before you sign the Hedera transaction.

LP onboarding is the tricky part. Users must decide:

  1. Which token pair to provide.
  2. The price range (lower bound & upper bound).
  3. The fee tier that matches the asset’s volatility.

These choices affect impermanent loss and fee earnings. SaucerSwap’s documentation now includes step‑by‑step videos, but newcomers still report a steeper learning curve compared to “add liquidity” on Uniswap V2 or PancakeSwap.

Cost‑wise, Hedera’s base fee of $0.0003 dwarfs the DEX’s own fee tier. Even a $10,000 trade on a 0.05% pair costs only $5 in fees, versus $30‑$40 on Ethereum during peak demand.

Performance Metrics as of October2025

Key on‑chain and off‑chain numbers paint a picture of moderate growth:

  • SAUCE price: $0.06 (24‑hour gain of $0.00010).
  • 7‑day change: +5.42%; 30‑day change: +11.76%.
  • Market cap: $47.5M; circulating supply: 853.7M SAUCE.
  • Organic web traffic: 51,240 monthly visits (276th of 612 crypto exchanges), bounce rate 53%.
  • Paid traffic accounts for only 1% of total visits, indicating strong organic interest.

The platform’s rank #601 in the overall crypto ecosystem shows it’s still niche, but it dominates the Hedera DEX segment.

Security and Audits

Security and Audits

Security was vetted by Omniscia, a decentralized auditing team specializing in Hedera smart contracts. Their report, published post‑launch, found no critical vulnerabilities and praised the careful adaptation of Uniswap V3’s codebase. Since then, V2 has not suffered any major exploits, and the team promptly patched a minor re‑entrancy edge case in May2025.

Market Position & Competition

While Uniswap V3 dominates Ethereum, SaucerSwap V2 is the first to bring that model to Hedera. Its main competitors are:

  • Uniswap V3 (Ethereum) - higher fees, slower finality, massive liquidity.
  • PancakeSwap (BNB Chain) - low fees, but constrained to BNB ecosystem.

Below is a side‑by‑side snapshot:

SaucerSwap V2 vs. Major DEXes (2025 Snapshot)
Feature SaucerSwap V2 (Hedera) Uniswap V3 (Ethereum) PancakeSwap (BNB)
Network Hedera Hashgraph Ethereum BNB Chain
Transaction Finality ~2seconds ~12seconds (average) ~3seconds
Base Fee (per tx) $0.0003 $2‑$30 (dynamic) $0.02‑$0.10
Liquidity Model Concentrated (V3‑style) Concentrated (V3‑style) Classic AMM
Fee Tiers 0.05%/0.15%/0.30% 0.05%/0.30%/1% 0.17%/0.25%/0.35%
SAUCE Token Price $0.06 N/A N/A

SaucerSwap’s advantage lies in sub‑cent fee levels and Hedera’s compliance‑friendly reputation, which can appeal to institutional players eyeing DeFi on a regulated ledger.

Price Outlook and Analyst Forecasts

Analyst predictions differ widely, reflecting the token’s still‑emerging market:

  • WalletInvestor projects a 2025 range of $0.0623‑$0.0674, averaging $0.0651.
  • LiteFinance sees a modest dip, ending 2025 at $0.0549 - a 4% decline.
  • TradingBeasts forecasts a 2027 low of $0.0534 and a max of $0.0588.
  • Long‑term (2030) bullish models hint at $0.42‑$0.48 if Hedera captures more enterprise DeFi volume.

Given the spread, investors should treat SAUCE as a high‑risk, high‑potential play tied closely to Hedera’s ecosystem growth.

Pros, Cons, and Ideal Users

Pros

  • Near‑zero base transaction fees.
  • Concentrated liquidity boosts capital efficiency.
  • Audited code and no major security incidents.
  • Fast finality suitable for high‑frequency traders.

Cons

  • Liquidity depth still lower than Ethereum giants.
  • LPs must manage price ranges, which can be confusing.
  • Hedera’s ecosystem, while growing, is smaller than Ethereum’s.

Who Should Use It?

  • DeFi traders who value ultra‑low fees and quick settlement.
  • Experienced LPs comfortable with concentrated liquidity strategies.
  • Institutions exploring compliant blockchain solutions.
  • Newcomers should start with small, stable‑coin pairs to learn the mechanics.

Next Steps for Users

If you decide to dive in, follow this quick checklist:

  1. Create a Hedera wallet (e.g., HashPack or Blade).
  2. Fund the wallet with HBAR to cover base fees.
  3. Swap HBAR for SAUCE if you want fee rebates or governance voting.
  4. Choose a token pair and set a realistic price range.
  5. Monitor fee earnings via the “My Positions” dashboard.

Should you hit a snag, the platform’s support channel on Discord and the step‑by‑step video guides are the quickest ways to get help.

Frequently Asked Questions

What is the main advantage of SaucerSwap V2 over Uniswap V3?

The biggest win is Hedera’s sub‑cent transaction fee and sub‑second finality, which together keep total trade costs dramatically lower than Ethereum’s gas‑price spikes.

Do I need to hold SAUCE to trade on SaucerSwap?

No. You can swap any HTS‑compatible tokens without owning SAUCE, but holding SAUCE gives you fee rebates and voting rights.

How risky is providing concentrated liquidity?

Risk comes from price moving outside your chosen range, which can lead to impermanent loss. However, the higher fee tiers compensate for that risk if you pick volatile pairs wisely.

Is SaucerSwap V2 audited?

Yes. The code was audited by Omniscia, a reputable smart‑contract audit firm focused on Hedera projects.

Can I bridge assets from Ethereum to SaucerSwap?

A cross‑chain bridge is in the roadmap but not live yet. For now you need to move assets through a centralized exchange or a Hedera‑compatible faucet.

14 Responses

Waynne Kilian
  • Waynne Kilian
  • July 8, 2025 AT 08:55

i think SaucerSwap is a quiet step toward decentralised finance, but also a reminder that tech is only as good as its community.

Naomi Snelling
  • Naomi Snelling
  • July 15, 2025 AT 13:08

looks like they’re trying to hide the real cost behind those cute fee tiers, maybe Hedera’s own team is getting a cut we don’t see.

Michael Wilkinson
  • Michael Wilkinson
  • July 22, 2025 AT 17:22

i'm not gonna let this thread turn into a utopian sermon; keep it factual and stay on topic.

Billy Krzemien
  • Billy Krzemien
  • July 29, 2025 AT 21:35

For anyone just getting started, the key takeaway is that SaucerSwap V2’s fee structure is transparent: stable pairs cost 0.05% while higher volatility pairs go up to 0.30%. This aligns well with typical DEX models and gives traders a clear cost expectation.

april harper
  • april harper
  • August 6, 2025 AT 01:48

while the calculator looks sleek, the real drama lies in how those percentages actually affect small investors; the numbers are there, but the impact feels muted.

Clint Barnett
  • Clint Barnett
  • August 13, 2025 AT 06:02

When you dive into the mechanics of SaucerSwap V2 you quickly realize that Hedera’s underlying architecture offers a distinct advantage over Ethereum‑based DEXes, primarily due to its micro‑transaction fee model which is measured in fractions of a cent. The base transaction cost of roughly $0.0003 per operation means that the incremental fee imposed by the protocol, even at the highest tier of 0.30%, remains economically viable for traders who move modest amounts. Moreover, the tiered fee system-stable pairs at 0.05%, medium volatility at 0.15%, and high volatility at 0.30%-mirrors traditional finance’s risk‑adjusted pricing, providing an intuitive framework for newcomers and seasoned LPs alike. In practice, this structure encourages liquidity provision across different asset classes, as LPs can target fee brackets that match their risk appetite. Another noteworthy point is the seamless integration of the fee calculator on the platform, which allows users to input trade amounts and instantly visualize cost implications without leaving the interface. This user‑centric design reduces friction and fosters a more engaged trading community. From a developer’s perspective, the smart contract codebase is written in Solidity but compiled to run on Hedera’s virtual machine, showcasing cross‑compatibility that could attract Ethereum developers. Security audits have been performed by reputable firms, and no critical vulnerabilities have been reported to date, which adds an extra layer of confidence. The governance model, while still evolving, hints at future token‑based voting mechanisms that could empower users to tweak fee parameters, further decentralizing control. Liquidity incentives are also layered on top of the base fees, with reward programs that distribute HBAR and native tokens to active participants. Such incentives can offset the modest fee costs, especially for high‑frequency traders. Community feedback loops are evident in the frequent updates posted on the project’s Discord, where developers respond to user suggestions regarding UI tweaks and fee transparency. While the platform is still relatively young, its roadmap outlines plans for cross‑chain bridges, which could unlock even larger pools of liquidity. In sum, SaucerSwap V2 marries Hedera’s low‑cost transaction environment with a thoughtfully tiered fee architecture, delivering a compelling proposition for both casual traders and institutional players alike.

Jacob Anderson
  • Jacob Anderson
  • August 20, 2025 AT 10:15

oh great, another "transparent" fee model-because we've never seen that before on any other DEX, right?

Kate Nicholls
  • Kate Nicholls
  • August 27, 2025 AT 14:28

the real question is whether the fee differentials actually drive meaningful volume shifts, not just theoretical appeal.

Carl Robertson
  • Carl Robertson
  • September 3, 2025 AT 18:42

This platform is the circus the crypto world needed.

Rajini N
  • Rajini N
  • September 10, 2025 AT 22:55

yeah, the circus is fun until the clowns start charging you 0.3% on volatile trades, then it gets messy.

Kate Roberge
  • Kate Roberge
  • September 18, 2025 AT 03:08

while everyone is busy praising low fees, the hidden cost is the opportunity loss from not having deeper order books like on larger chains.

Oreoluwa Towoju
  • Oreoluwa Towoju
  • September 25, 2025 AT 07:22

does the fee structure incentivize arbitrage across other DEXs?

Jason Brittin
  • Jason Brittin
  • October 2, 2025 AT 11:35

sure, because nothing screams "trustworthy" like a fee calculator that looks prettier than my desktop background 😂

Amie Wilensky
  • Amie Wilensky
  • October 9, 2025 AT 15:48

Indeed; the UI is aesthetically pleasing, however, the functional depth remains questionable; users should remain vigilant.

Comments