Amaterasu Finance Crypto Exchange Review: Is It Still Operational?

Amaterasu Finance Crypto Exchange Review: Is It Still Operational?
Carolyn Lowe 26 August 2025 7 Comments

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Amaterasu Finance was launched in 2022 as a decentralized crypto exchange, promising a non-custodial trading experience like Uniswap or PancakeSwap. But if you're looking to trade today, you won't find any activity. As of September 2025, Amaterasu Finance has recorded zero transactions in the past 30 days. That’s not a glitch. That’s a shutdown.

Zero Trading Volume, Zero Trust

Most crypto exchanges, even small ones, have some level of trading. Even niche DEXs move millions in volume weekly. Amaterasu Finance doesn’t. Holder.io, a reliable tracker of decentralized platforms, confirms no trades have occurred in over a month. CoinGecko lists only one or four tokens on the exchange-no one can agree on the exact number. That kind of inconsistency is a red flag. If the platform’s own data is unreliable, what else is wrong?

CoinGecko gave Amaterasu Finance a trust score of 2 out of 10. For context, Binance scores a 9. Coinbase, 8. Even lesser-known DEXs like SushiSwap score a 7. A score of 2 means serious issues: no proof of reserves, unclear ownership, possible market manipulation, or hidden risks. This isn’t a minor concern. It’s a warning that the exchange may not be safe-or even real.

Only One Trading Pair? That’s Not a Exchange

The only trading pair mentioned consistently is IZA/AURORA. If that’s the only one, then Amaterasu Finance isn’t an exchange-it’s a token swap tool for a single coin. Most DEXs offer dozens, if not hundreds, of trading pairs. Even platforms targeting niche blockchains like Solana or Arbitrum have 50+ tokens. Amaterasu Finance offers maybe one. That’s not enough for traders. It’s not enough for liquidity providers. It’s barely enough to be called a project.

And here’s the kicker: Aurora is a layer-2 blockchain built for Ethereum. It’s not even a top-tier ecosystem. Projects on Aurora are often low-volume, low-visibility tokens. If Amaterasu Finance only supports one token on a minor chain, it’s not competing-it’s surviving by accident.

No Users. No Reviews. No Support.

Check Reddit. Check Trustpilot. Check YouTube. Search for “Amaterasu Finance review” and you’ll get nothing. Not one forum post. Not one video. Not one complaint. That’s not normal. Even failed exchanges get hate comments. Even abandoned projects get curiosity posts from people wondering if they lost money.

No user feedback means no users. And no users means no reason for the platform to exist. If you can’t find a single person who’s ever used it, why would you risk your crypto on it?

There’s also no customer support page. No FAQ. No Twitter account with updates. No Discord server with active members. No GitHub commits from developers. No blog posts. Nothing. Most crypto projects-even the bad ones-try to look alive. Amaterasu Finance doesn’t even bother.

A ghostly, collapsed trading interface showing zero volume and one token pair, surrounded by dried liquidity pools.

How It Was Supposed to Work (Theoretically)

Amaterasu Finance was built as an automated market maker (AMM), meaning trades happen through smart contracts instead of order books. You connect your wallet-like MetaMask-and swap tokens directly. No KYC. No account. No middleman. That’s the promise of DeFi.

But theory doesn’t matter if the system is dead. You can’t swap IZA for AURORA if no one’s providing liquidity. You can’t trade if the smart contract isn’t being used. The code might be there. The interface might load. But the engine? It’s off.

There’s no public information about gas fees, transaction speed, or wallet compatibility. If you tried to use it today, you’d have no idea if your trade would go through, how long it’d take, or if your funds would get stuck.

Why It Failed When Others Succeeded

By 2025, the DeFi space is crowded. Uniswap handles $2 billion a day. PancakeSwap moves $500 million. Even smaller DEXs like Curve or KyberSwap have thousands of active users.

Amaterasu Finance didn’t have a unique feature. It didn’t offer lower fees. It didn’t have better security. It didn’t partner with big projects. It didn’t even have a team that talked to the public. It just appeared, listed one token, and vanished.

Compare it to AscendEX, which supports 300+ coins, offers leverage trading, and still gets over 180,000 monthly visits-even after regulatory issues. Or Coinbase, which supports 250+ assets and has a mobile app used by millions. Amaterasu Finance has none of that. Not even close.

A crypto graveyard with tombstones for failed tokens, one marked 'Trust Score: 2/10', under a distant rising sun.

What You Should Do Instead

If you want to trade crypto on a decentralized exchange, there are better options:

  • Uniswap (Ethereum) - The most trusted DEX, with billions in daily volume.
  • PancakeSwap (BSC) - Low fees, high liquidity, popular for meme coins.
  • Curve Finance - Best for stablecoin swaps with minimal slippage.
  • Swapr (Aurora) - If you’re set on Aurora, this is the active DEX on that chain.

These platforms have active communities, transparent code, regular audits, and real trading volume. They’re not perfect-but they’re alive.

Final Verdict: Avoid Amaterasu Finance

Amaterasu Finance is not a crypto exchange you should consider. It’s not under maintenance. It’s not in beta. It’s not quietly growing. It’s dead.

Zero trades. Zero users. Zero support. Zero trust. No updates in over a year. No signs of recovery. Even if the website still loads, it’s a ghost town.

Don’t waste time trying to connect your wallet. Don’t send tokens to test it. Don’t hope it’ll come back. It won’t.

If you see Amaterasu Finance listed somewhere as a ‘new opportunity,’ walk away. It’s a graveyard for crypto assets, not a marketplace.

Is Amaterasu Finance still operating?

No. As of September 2025, Amaterasu Finance has recorded zero transactions in the past 30 days. There’s no trading activity, no user engagement, and no updates from the team. The platform is effectively dormant.

Can I trade on Amaterasu Finance right now?

Technically, you might be able to load the website and connect your wallet, but you won’t be able to execute any trades. There’s no liquidity, no counterparties, and no recent activity. Any attempt to swap tokens will likely fail or get stuck.

Why does CoinGecko give Amaterasu Finance a trust score of 2?

CoinGecko’s trust score evaluates security, transparency, liquidity, and operational history. A score of 2 means the exchange fails on multiple critical points: no proof of reserves, no verifiable team, no recent trading activity, and unclear ownership. It’s among the lowest scores possible.

What tokens are available on Amaterasu Finance?

Sources conflict. Holder.io says four tokens are listed, but CoinGecko lists only one. The only consistently mentioned pair is IZA/AURORA. Even that pair has no trading volume. The lack of clarity suggests poor data management or intentional obfuscation.

Is Amaterasu Finance a scam?

It’s not confirmed as a scam, but it shows all the signs of one: no transparency, no activity, no communication, and no reason to exist. It could be abandoned, or it could have been designed to lure deposits before vanishing. Either way, it’s not safe to use.

Should I invest in IZA or any token listed on Amaterasu Finance?

No. IZA has no liquidity on Amaterasu Finance, and there’s no evidence of any real market demand. Tokens tied to inactive exchanges often lose all value. Even if you buy IZA elsewhere, you won’t be able to trade it easily-and you’ll likely be stuck with an asset that can’t be sold.

Are there any alternatives to Amaterasu Finance on the Aurora chain?

Yes. Swapr is the main DEX on Aurora with active liquidity and regular updates. It supports multiple tokens and has a working community. If you want to trade on Aurora, use Swapr instead of Amaterasu Finance.

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Comments (7)

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    Chloe Hayslett December 7, 2025 AT 09:42

    Wow. A crypto project that didn't even bother to fake being alive. 🤡 Zero trades, zero support, zero shame. This isn't a failure-it's a masterclass in how NOT to build anything. If you're still holding IZA, just burn it and save yourself the emotional trauma. America runs on coffee and crypto scams, but this? This is just lazy.

    Also, CoinGecko gave it a 2? That's like giving a rock a 'trust score' for being a rock. Groundbreaking.

    Next time someone pitches you a 'new DeFi gem,' ask if it has more than one trading pair. If not, walk away. Or better yet, laugh in their face.

    PS: I saw a Discord server for this once. It had 3 members. Two were bots. The third was me, trying to figure out if I'd been hacked.

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    Jonathan Sundqvist December 8, 2025 AT 19:55

    Been there. Tried to connect my wallet last year. Site loaded. No liquidity. No error message. Just... silence. Like calling a number and hearing the dial tone fade into a graveyard.

    Wasted 10 minutes. Lost 0.0003 ETH in gas. That's the real cost here-not the tokens, but the time. And trust. Once you get burned by a ghost project, you start second-guessing every DEX. Even the good ones.

    Just don't. Don't even open the page. It's digital ghost hunting. And ghosts don't pay dividends.

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    Thomas Downey December 9, 2025 AT 00:41

    One cannot help but observe the profound sociological decay reflected in the proliferation of such entities as Amaterasu Finance. The erosion of institutional integrity in the decentralized finance sphere is not merely a technical failure-it is a moral abdication.

    Where once we had the noble ideals of open-source collaboration and transparent governance, we now confront the hollow shell of performative blockchain aesthetics-interface without substance, code without consequence.

    This is not a failed startup. It is a symptom. A symptom of a culture that confuses novelty with value, and aesthetics with authority. The fact that anyone still entertains the notion of engaging with such a void speaks volumes about the collective intellectual atrophy of our age.

    One must ask: If a DEX operates in the digital forest and no one trades, does it make a sound? Or does it merely echo the silence of a civilization that has forgotten the meaning of trust?

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    Annette LeRoux December 10, 2025 AT 21:42

    It's so sad when projects just... disappear. 😔 Like a campfire that burns out and no one bothers to stoke it. I remember when I first heard about Amaterasu-thought it was cute, like a little indie game nobody knew about.

    Now it's just a website that loads like a ghost story. No updates. No tweets. No Discord ping. Just a static page with a 'Connect Wallet' button that's basically saying, 'Hey, wanna lose your money in silence?'

    Swapr on Aurora is the real MVP here. 🙌 At least they reply to DMs. And they have a blog. And they update their docs. That's not a lot, but it's more than Amaterasu ever gave us.

    Rest in peace, Amaterasu. You were never alive. But at least you taught us to check for volume before we connect our wallets. 💀

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    Jerry Perisho December 12, 2025 AT 16:54

    Zero volume for 30+ days means the smart contract is idle. That’s it. No drama needed. The data is public on-chain. No liquidity pools = no trades. No trades = no reason to exist.

    Check the contract address on Etherscan. See if any transactions happened in the last 90 days. Spoiler: they didn’t.

    Also, if CoinGecko has conflicting token counts, that’s a red flag for poor data hygiene. Most legit projects auto-update their listings via API. This one didn’t even try.

    Use Swapr on Aurora if you want to trade there. It’s active, audited, and has real volume. Done.

    Don’t overthink it. The blockchain doesn’t lie. The numbers are the truth.

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    Manish Yadav December 14, 2025 AT 06:46

    This is why I tell my cousin in India: don’t touch any new crypto unless you see 1000 people talking about it. This Amaterasu thing? No one ever talked. No one ever won. No one even cried when it died. That’s not a scam. That’s a ghost.

    My uncle lost money on something like this. He still talks about it. He’s not the same man anymore. Don’t be like him.

    Use Binance. Use Coinbase. Use Swapr. Anything but this. This is not money. This is digital dust.

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    Vincent Cameron December 15, 2025 AT 06:50

    There’s a quiet poetry in abandonment. Amaterasu Finance didn’t collapse-it dissolved. Like a thought you had at 3 AM and forgot by sunrise.

    It never promised revolution. It never claimed to be the future. It just... existed. A mirror held up to the crypto world: look how easily we build, how quickly we forget.

    Perhaps the real tragedy isn’t that it died. It’s that no one noticed until it was already gone. We’re all so busy chasing the next shiny thing that we forget to check if the last one still breathes.

    And yet-the code still sits there. Unchanged. Unloved. Unmined. Waiting for someone to ask, ‘Why?’

    Maybe that’s the only question left worth answering.

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