Yes, swaps is a Scrabble word!
...and is worth 10 points in Scrabble, and 11 points in Words with Friends
swaps
Verb
1. Exchange or give (something) in exchange for
2. Move (a piece of a program) into memory, in computer science
Noun
1. An equal exchange
What Scrabble words can I make with the letters in swaps?
5 Letter Words
4 Letter Words
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3 Letter Words
2 Letter Words