Gibi Swap (GIBI) is an Ethereum-based modular swap infrastructure layer, not a standalone decentralized exchange. Its official website states it enables digital platforms—starting with Brolyz—to embed token swap functionality directly into their interfaces without redirecting users or managing liquidity independently. The project operates on Ethereum as an ERC-20 token (contract 0xb6CD7fee2daA8a2E7e4c0E194468AF0F08be527D) and is documented in its Litepaper and GitHub repository. Liquidity pools are claimed to be held within Orta Chain’s custody-focused infrastructure, and revenue is tied to transaction fees, with 50% of net profit allocated quarterly to GIBI buybacks and burns until supply halves from 12.5M to 6.25M tokens. The IVO public sale launched via VestraDAO, and the token’s TGE is scheduled for 19 August 2026. Key questions remain: Is the Orta Chain custody infrastructure independently audited? Does the claimed integration with Brolyz reflect live, user-accessible functionality—or only a planned or demo deployment? How is ‘net profit’ defined and verified given no financial statements or operational metrics are publicly available?
Gibi Swap positions itself as a modular, custody-aware swap infrastructure layer—not a DEX—integrated into platforms like Brolyz. Its thesis rests on embedded finance demand, Orta Chain’s structured liquidity custody, and a tokenomics model linking real usage to GIBI scarcity via quarterly buybacks and burns. The Litepaper and website describe a clear architecture: platforms integrate the engine; users swap without redirects; liquidity resides in audited Orta Chain infrastructure. However, no evidence confirms operational deployment beyond Brolyz’s announced integration, and no third-party verification exists for Orta Chain’s custody claims, audit status, or security assertions (source: web_1). The API snapshot (api_1) reports zero circulating supply and inconsistent supply figures (e.g., max supply listed as 12,289,061 vs. website’s 12,500,000), with no explanation for the discrepancy. The team is named but lacks verifiable track records, and GitHub (github.com/gibiswap) contains no public code or commit history per supplied links. While the IVO completed and Brolyz integration is claimed as ‘Done’ on the roadmap, no transactional proof, on-chain swap volume, or independent usage metrics are provided.
Supports: Clear problem framing (embedded swaps), defined first integration (Brolyz), revenue model tied to fees, burn mechanism with explicit schedule, Ethereum ERC-20 deployment with published contract.
Weakens: No verified live swap activity; uncorroborated custody/security claims; conflicting supply data; absent code, audits, or team credentials; roadmap items lack timestamps or verifiable completion evidence.
On balance, Gibi Swap presents a coherent infrastructure thesis with plausible market fit—but its core operational and security assertions remain unverified in the supplied evidence. Without confirmation of working infrastructure, custodial execution, or organic usage, the project remains at the threshold of credibility: credible enough to continue evaluation, but not yet evidenced for confident allocation.
Overall score: 6/10 Confidence: Low