# Osmosis

> Source: https://fuckyc.org/services/osmosis/
> Website: https://app.osmosis.zone/
> Categories: DEX & atomic swaps
> KYC: none — Cosmos-ecosystem AMM appchain; no accounts. Keplr/Leap wallet connection.
> Status: active
> Jurisdiction: protocol — decentralized
> Fiat on-ramp: no
> Payment methods: crypto
> Founded: 2021
> Open source: yes
> Custodial: no
> Last verified: 2026-01-01

## Verdict

Osmosis is the dominant AMM in the Cosmos / IBC ecosystem. No accounts, no KYC at the protocol layer. The best non-custodial venue for ATOM, OSMO, and the IBC long tail.

## Strengths

- Default DEX for IBC-connected Cosmos assets; deep liquidity in that ecosystem.
- On-chain limit orders and concentrated liquidity.

## Caveats

- Cosmos-centric; ERC-20s reach Osmosis only via wrappers/bridges.
- On-chain transparency.
- Facts need re-verification by operator (last seeded 2026-01).

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## What Osmosis is

An AMM and appchain in the Cosmos ecosystem, with IBC asset coverage and concentrated-liquidity pools.

## Threat-model fit

Swap venue for Cosmos-ecosystem assets.

## Sources

- [Osmosis docs](https://docs.osmosis.zone/) — accessed 2026-01-01
- [KYCnot.me — Osmosis entry](https://kycnot.me/service/osmosis) — accessed 2026-01-01