Simpleswap Marks A Year Inside Exodus Wallet, Ships Five Partner Updates Withno Integration Changes

What Happened

SimpleSwap today marked one year of fixed-rate exchanges running inside the Exodus wallet.

Automatic refunds on swaps paused for screening

A small number of exchanges are paused for compliance checks. If a check requires further review and the exchange cannot proceed, the funds are automatically returned to the refund address; no ticket is needed.

Market Context

SimpleSwap-powered fixed-rate exchanges have been running within the Exodus wallet for a year. Over those twelve months, the partner side of the product gained five capabilities, none of which required Exodus or any other partner to change their integration.

A wallet can issue a separate key for each product or traffic source, give each one its own margin, and then compare the results directly. A BTC-to-USDT route can be priced differently from a long-tail altcoin route.

Why It Matters

A pause does not mean the user is being accused; it simply means there is reason to take a closer look. Crypto funds can carry over history from earlier or third-party transactions that the current sender may know nothing about, which is why the money is returned rather than left sitting somewhere.

Details

Most refunds are completed within 5 to 15 minutes, although they can take up to 30 minutes when networks are busy. Partner statistics first show the exchange as failed, then as refunded once the money arrives.

What partners need to know:

The refund_address field must be passed in the API request. Partners who do not collect a refund address from the user can provide their own and settle directly with the user.

A standard network fee is deducted from the returned amount. No service charge is added on top of it.

Coverage spans the major networks and assets. Account managers hold the current list.

Refunds apply to eligible exchanges, not to every case.

“Nobody celebrates a swap that had to be sent back,” said Stefan Lauer, Head of Infrastructure at SimpleSwap. “But whether that money comes back on its own or through a support ticket is the part a partner lives with every day. Wallets put their own users in front of infrastructure they did not build, and a year of that from Exodus is not a small thing to hand over. Most of what shipped this year came from taking it seriously.”

Fee settings per API key and per pair

Partner accounts now set the fee percentage for an individual API key and an individual pair, rather than across the account as a whole.

Pricing experiments run within the dashboard rather than in a release cycle.

Margin set on the individual transaction

The exchange creation method accepts a custom_fee parameter, so the profit share is set when an exchange is created rather than inherited from its key. Reference: https://api.simpleswap.io/docs/api/create-exchange

A promotional rate for one user segment can run alongside a standard rate for another, without changing account settings.

This is the level of payment flows usually needed, where pricing depends on the basket rather than on the integration.

Reverse estimate

A standard estimate answers the question “How much will I receive for 1 BTC?” Reverse estimate answers the opposite one: “How much does the customer need to send to receive 500 USDT?”.

Payment services use it to quote goods and services in a stable equivalent while accepting whatever asset the buyer holds.

The settlement figure is known before the invoice goes out.