diff --git a/src/components/SwapForm/MultichainKNCNote.tsx b/src/components/SwapForm/MultichainKNCNote.tsx
new file mode 100644
index 0000000000..b6451ecab4
--- /dev/null
+++ b/src/components/SwapForm/MultichainKNCNote.tsx
@@ -0,0 +1,51 @@
+import { Currency } from '@kyberswap/ks-sdk-core'
+import { Trans } from '@lingui/macro'
+import { FC } from 'react'
+import { Text } from 'rebass'
+import styled from 'styled-components'
+
+import WarningNote from 'components/WarningNote'
+import { mKNC } from 'constants/tokens'
+import { useActiveWeb3React } from 'hooks'
+
+const TextUnderlineColor = styled(Text)`
+  border-bottom: 1px solid ${({ theme }) => theme.text};
+  width: fit-content;
+  cursor: pointer;
+  color: ${({ theme }) => theme.text};
+  font-weight: 500;
+  margin-right: 0.5ch;
+`
+
+type Props = {
+  currencyIn: Currency | undefined
+  currencyOut: Currency | undefined
+}
+
+const MultichainKNCNote: FC<Props> = ({ currencyIn, currencyOut }) => {
+  const { chainId } = useActiveWeb3React()
+  if ([currencyIn?.wrapped.address, currencyOut?.wrapped.address].includes(mKNC[chainId])) {
+    const shortText = (
+      <div>
+        <Trans>
+          Multichain team ceased operations, and we discourage user interaction with the deployed Wrapped KNC token
+          contracts on various chains. See more{' '}
+          <TextUnderlineColor
+            style={{ minWidth: 'max-content' }}
+            as="a"
+            href="https://twitter.com/MultichainOrg/status/1679768407628185600"
+            target="_blank"
+            rel="noreferrer"
+          >
+            here
+          </TextUnderlineColor>
+        </Trans>
+      </div>
+    )
+    return <WarningNote shortText={shortText} />
+  }
+
+  return null
+}
+
+export default MultichainKNCNote
diff --git a/src/components/SwapForm/index.tsx b/src/components/SwapForm/index.tsx
index ead77a20ae..4d0a467abc 100644
--- a/src/components/SwapForm/index.tsx
+++ b/src/components/SwapForm/index.tsx
@@ -37,6 +37,7 @@ import { MEDIA_WIDTHS } from 'theme'
 import { DetailedRouteSummary } from 'types/route'
 import { currencyId } from 'utils/currencyId'
 
+import MultichainKNCNote from './MultichainKNCNote'
 import PriceImpactNote from './PriceImpactNote'
 import RefreshButton from './RefreshButton'
 import ReverseTokenSelectionButton from './ReverseTokenSelectionButton'
@@ -261,6 +262,7 @@ const SwapForm: React.FC<SwapFormProps> = props => {
           {!isWrapOrUnwrap && <SlippageWarningNote rawSlippage={slippage} isStablePairSwap={isStablePairSwap} />}
 
           <PriceImpactNote priceImpact={routeSummary?.priceImpact} isDegenMode={isDegenMode} showLimitOrderLink />
+          <MultichainKNCNote currencyIn={currencyIn} currencyOut={currencyOut} />
 
           <GasPriceNote gasUsd={routeSummary?.gasUsd} />
 
diff --git a/src/constants/tokens.ts b/src/constants/tokens.ts
index 6baa86c82c..10924dc2e7 100644
--- a/src/constants/tokens.ts
+++ b/src/constants/tokens.ts
@@ -445,3 +445,8 @@ export const DEFAULT_OUTPUT_TOKEN_BY_CHAIN: Partial<Record<ChainId, Token>> = {
 
 export const DEFAULT_SWAP_FEE_STABLE_PAIRS = 4
 export const DEFAULT_SWAP_FEE_NOT_STABLE_PAIRS = 10
+
+export const mKNC: { [chain in ChainId]?: string } = {
+  [ChainId.ARBITRUM]: '0x316772cFEc9A3E976FDE42C3Ba21F5A13aAaFf12',
+  [ChainId.AVAXMAINNET]: '0x39fC9e94Caeacb435842FADeDeCB783589F50f5f',
+}