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★ FRONT-PAGEASageSwap— Anonymous swap — no KYC, no AML hold, no IP logging, declines law-enforcement requests.→
/exchanges · verified 2026-10-20

PegasusSwap Curator-tested Curator-testedWe checked a customer's order with the operator on 2026-11-13. Does not affect the grade.How badges work

A-

Long-running no-account swap since 2021 with a clean high-volume track record. Floating or fixed rate, no KYC in its terms.

Incident timeline · resolved 2026-07-21
  1. 2026-07-14 Filed after user report of wrong-memo RUNE deposit and operator's recovery-process response. Operator's stated process required a second matched-amount deposit + dual-transaction screenshots + 4-5 week window + 'processing fees for certain types.' Curator read: this is the frustrate-to-abandonment pattern common to shame-list-shaped operators; while a wrong-memo deposit is genuinely the user's mistake, the recovery process should be a manual reconciliation against on-chain proof, not a customer-borne re-deposit-and-photograph exercise.
  2. 2026-07-14 kyc.rip compensated the user for half of the loss from the swap-platform budget as an attitude signal — not a settled remedy, just marking that the process response was not acceptable. Curator (on behalf of xmr.club editorial) reached out to the operator with the framing: 'put yourself in the user's position; this reads as disguised fund-taking.' Requested a list of pair/memo-required chains where this failure mode can arise, so kyc.rip can disable those pairs at its routing layer for future customers.
  3. 2026-07-14 Operator responded that if the recovery-process framing is unacceptable, they will fully compensate the swap in question. Additionally offered to share the list of pairs where the wrong-memo failure mode is possible so kyc.rip can disable them at its routing layer proactively. Positive-response signal — the operator recognized the pattern and offered a systemic fix rather than a one-off apology. Follow-up: confirm full compensation lands + receive the pair list within 14 days. If both, incident closes with grade held at B and a routing-layer pair filter live on kyc.rip's side. If either doesn't land, grade re-evaluation goes on the docket.
  4. 2026-07-21 Operator delivered on the systemic-fix commitment from the 2026-07-14 incident open. Per user report, PegasusSwap has filtered out all pairs where the wrong-memo recovery-process failure mode can occur (memo-required chains like RUNE, XLM, EOS, XRP, ATOM, ALGO — anything where a missing memo means the deposit can't be automatically credited). That was exactly the systemic ask on the original curator pushback. Incident marked resolved. Grade held at B. No routing-layer pair filter on kyc.rip side needed — the operator handled it upstream.
  5. 2026-10-21 Clarification: the July fix disabled memo-required pairs for kyc.rip's integration, not on PegasusSwap's own site, which still offers chains such as XLM. If you swap one of those directly, include the memo exactly as shown.
anonymous signup NO-KYC api available
Visit PegasusSwap → ⚠ Report Markdown twin Share ↗ Request a check

At a glance

Grade
A-
KYC posture
anonymous signup
Fees
~0.5-1% spread · floating + fixed
Rate integrity
99.7% of quoted delivered (large sample · measured by kyc.rip)
Last verified
2026-10-20
Operating since
2021-01 · 5y — First archived 2021-01-15.
Tor mirror
http://zzouisjdnsh2m3baklcxdi25b5by53cjvb77sziyewyivyj7ubt6gead.onion
Incident
✓ Resolved 2026-07-21 — /incidents
A- Why grade A-?

B-shape positive signal at A grade — solid posture and likely A, but one element of the A bar (typically operating tenure or a fresh test-trade) is not yet on file.

Full rubric + 7-step verification walkthrough at /methodology.

curator verdict · bottom line

Curator Verdict & OpSec Breakdown

THE BOTTOM LINE

PegasusSwap is a top-tier crypto exchange delivering a verified zero-KYC posture, solid infrastructure, and proven reliability for the Monero ecosystem.

✓

Proven Strengths

  • ▸ Anonymous account model: no real-name, phone, or government ID required to transact.
  • ▸ Tor-native accessibility: active, verified .onion hidden service mirror available.
  • ▸ Established operational track record: serving users continuously since 2021-01 (5 years).
⚠

OpSec Trade-offs & Caveats

  • ▸ Standard counterparty risk: always verify deposit addresses and test small amounts first.

Review

A long-running no-account swap with a track record you can lean on. PegasusSwap has been around since early 2021. You pick a pair, give a receiving address (a refund address and email are optional), and choose a floating or fixed rate; no sign-up, no ID. Quotes are routed across its partners for the better rate, so spreads can vary on large trades.

Track record. This is the main reason for the grade. kyc.rip, the swap router we also run, routes real customer orders through PegasusSwap, hundreds of them over the last three months, all delivered with no stuck orders or holds. Its one incident, a 2026 dispute over a deposit sent with the wrong memo, ended well: after we pushed back on a slow, user-unfriendly recovery process, the operator compensated the swap in full and removed every memo-required pair so the problem can't recur. It's also listed on OrangeFren, kycnot.me and Monerica.

Terms. The terms don't mention KYC or AML checks at all, and contain no clause about holding funds for verification. Refunds are limited to expired swaps, processing errors and unsupported assets, and funds sent to a wrong or incompatible address can't be recovered, so double-check what you paste. Memo-required chains (XLM and similar) are still offered on its own site, so include the memo exactly as shown.

Why A- and not A. There's no guarantee deposit posted with a peer directory, and the published policies are short: little on what's logged or how long it's kept. A posted guarantee and fuller policies would close the gap.

Fees

~0.5-1% spread · floating + fixed

Live ops data

Typical XMR settlement
7.1m (median)
90th percentile
30m
Slow tail (>30m)
9.9%
XMR confs required
10 (~20m wait)
Routing volume
frequently routed

Computed from kyc.rip routing observations · 90d window · last updated 2026-11-12

Links

Audit trail — receipts for the editorial claim

  • ● UPSTREAM Up · HTTP 200 · 2069ms · checked 14h ago
  • ○ ONION Listed but operator doesn't advertise it (expected for Tor-only services + some clearnets) — zzouisjdnsh2m3baklcxdi25b5by53cjvb77sziyewyivyj7ubt6gead.onion
  • ✎ MANUAL Last manual verification 2026-10-20 (<30d)
  • ⌕ LOG See curator log for PegasusSwap

Reviews — moderated · rules

Reported by reviewers: Smooth ×5 (of 27 reviews)

  • Alex ★★★★★ Smooth ✓ ORDER CHECKED $500-2k XMR-USDC 2026-11-12

    Quick swap from mnr to usdc. Like it

  • crisp_inlet_74506 ★★★★★ Smooth ✓ ORDER CHECKED $500-2k XMR-BTC 2026-11-11

    quickly and easily. swapped XMR for BTC

  • dapper_nectar_34357 ★★★★★ ✓ VERIFIED $50-200 ETH→XMR 2026-11-11

    fast settlement · clean trade

  • havik Smooth ✓ ORDER CHECKED $<50 SOL-USDT 2026-11-10

    everything went great. I received my USDT in 4 minutes

  • luke ★★★★★ 2026-11-09

    great swap platform. quick and smooth swaps, great interface, everything's clear, so i'm satisfied!

View all 27 reviews →

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