Web3.world
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 risk covered by the class rule: the pool shifts providers into the falling asset. An advisor cannot explain the resulting impermanent loss to a mass-affluent client in two sentences or defend it 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
Watched nightly: a warning on its venues or files, or a cited document that changes, reopens the memo. The first confirmation is due 2026-11-16.
The research file
Mechanism applicability
Web3.World describes a Venom-native automated market maker where investors supply pooled liquidity for token swaps, with stable pairs, farming and staking added on top. The client LP claim supplies two-sided inventory whose mix changes with trades, so it falls directly under the shared AMM-LP rule.
Control and exit applicability
LP results depend on pool and token contracts, routing, farming wrappers, incentives and Venom settlement. Staking an LP receipt can add reliance on reward contracts but does not change the paired assets beneath it. Removing liquidity returns the investor’s current share of the pool reserves. It does not guarantee the original token amounts 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 still offer 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 rule decides the review. Venom has no approved chain verdict, and the venue is also subscale, but those are separate barriers. Reopen only for a separately measured non-LP product on an approved chain, followed by a review of that product’s controls, incidents and exits.
Class rule
The amm lp class is outside the approved structures, so every protocol in it is not approved until the rule changes. The rule is about the structure, not an adverse finding about this protocol, and it is not a client instruction. The events that would reopen it are listed with the memo.
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 research above describes the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The layer with the most administrative power sets the position’s effective control; that describes control, not quality or suitability.
| Chain | Verdict | Control | Control constraint |
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