Web3.world
Rejected venues wait the longest for re-review; a rejection has to earn another look before the scheduled date.
Web3.World is an automated market maker with farming and staking, and the first exchange launched on the Venom blockchain. Its pooled liquidity carries the mechanism the class rule targets: the pool rebalances providers into the falling asset, and the resulting impermanent loss cannot be explained to a mass-affluent client in two sentences or defended when it bites. Venom also has no registry verdict, which would block the file on its own. The 2026-08-16 survey reported about $578K, entirely on Venom.
- Ships a product line without impermanent-loss exposure that merits its own review
The research file
Mechanism applicability
Web3.World describes a Venom-native automated market maker where investor-supplied pooled liquidity facilitates token swaps, with stable pairs, farming and staking layered on top. The client LP claim supplies two-sided inventory whose composition changes with trades, directly matching the shared AMM-LP dossier.
Control and exit applicability
LP outcomes depend on pool and token contracts, routing, farming wrappers, incentives and Venom settlement. Staking an LP receipt can add reward-contract dependencies but does not change the underlying paired inventory. Removing liquidity realizes the current proportional pool reserves, not a guaranteed return of the original token quantities or principal value.
Current observation and perimeter
The DefiLlama API read on 2026-08-16 classified Web3.World as a DEX and reported approximately $578K, entirely on Venom. The live and devnet applications continue to expose swap, liquidity and farming interfaces on Venom. This application covers measured LP liquidity, not standalone token staking.
Why the class rule decides
The investor must supply pooled market-making inventory, so the version-1 AMM-LP dossier is dispositive. Venom has no approved chain disposition and the venue is also subscale, but those are additional independent barriers. Reopen only for a separately measured non-LP product on an approved chain, followed by product-specific control, incident and exit review.
Sources
The claims above trace to these. Where a number could not be independently verified, the thesis says so.
- Web3.World — current exchange application · primary · accessed 2026-08-16
Supports: Venom, swap, liquidity, farming, current lifecycle - Web3.World — development application · primary · accessed 2026-08-16
Supports: AMM interface, liquidity providing, farm, Venom - Venom docs — network architecture · primary · accessed 2026-08-16
Supports: Venom network, smart contracts, settlement - Web3.World — official GitHub organization · primary · accessed 2026-08-16
Supports: project identity, software, technical footprint - DefiLlama — Web3.World survey record · secondary · accessed 2026-08-16
Supports: current TVL, Venom, DEX category, survey observation
Inherited controls
The verdict above grades the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The least safe layer sets the position’s grade, and the position table names which one that is.
| Chain | Verdict | Grade | Control constraint |
|---|