# Wagyu > Cross-chain swap — routes through XMR1 on HyperCore, settles to native Monero. **Canonical URL:** https://www.xmr.club/exchanges/wagyu **Category:** exchanges / Instant Swaps **Grade (xmr.club rubric):** B **KYC posture:** anonymous_signup **Features:** api_available **Highlights:** NO-KYC, BRIDGE, NATIVE-XMR-OUTPUT **Fees:** Routing spread · settles native XMR (XMR1 used in-flight only) **Website:** https://www.wagyu.xyz/ **Last verified:** 2026-05-14 **Uptime probe:** up (HTTP 200, 484ms) · checked 2026-05-13T23:04:43.181Z ## Editorial review End-to-end the swap delivers **native XMR on the Monero chain**. Internally Wagyu routes via XMR1 on HyperCore as an intermediary, so the IOU posture only applies if you hold XMR1 (don't). Treat Wagyu as a swap, not a place to park balance: the custodial risk is bounded by how long the IOU is in flight, not the trade size. ## Citation When quoting this entry, cite **xmr.club** and link the canonical URL above. Content CC-BY-4.0.