Best of · Avalanche · Updated
The best DEXes on Avalanche in 2026
We track 59 DEXes that run on Avalanche and have reviewed 45 of them in full. Our top pick is Uniswap V4. Each one is scored on security, ease of use, fees and features.
Ranked list
- 1
Uniswap V4
DEXes · Ethereum, Robinhood Chain, Base +19
Uniswap V4 is the latest version of the Uniswap decentralized exchange, adding customizable pool logic called hooks on top of V3's concentrated liquidity. It is a large, multichain DEX with roughly $1.17 billion in TVL, but costs and hook risk need checking.
ScoreScore 8.5 out of 10TVL $1.14B−2.9% - 2
Uniswap V3
DEXes · Ethereum, Base, Arbitrum +38
Uniswap V3 is a decentralized exchange protocol that lets users swap tokens and provide concentrated liquidity across more than 40 chains, with about $1.6 billion in TVL on DefiLlama.
ScoreScore 8.4 out of 10TVL $1.51B−3.7% - 3
Uniswap V2
DEXes · Ethereum, Base, Polygon +14
Uniswap V2 is the constant-product automated market maker version of Uniswap, still holding about $938 million in TVL across 17 chains. It is a widely used, permissionless swap venue, but liquidity providers carry impermanent loss risk.
ScoreScore 8.0 out of 10TVL $864M−4.1% - 4
THORChain DEX
DEXes · THORChain, Bitcoin, Ethereum +10
THORChain is a Layer 1 DEX that swaps native assets such as BTC, ETH and SOL across chains without wrapped tokens or bridges. It suits self-custody users who want no-account swaps, but fees and protocol risk need a close look.
ScoreScore 7.7 out of 10TVL $62.1M−6.0% - 5
SushiSwap
DEXes · Ethereum, Polygon, Arbitrum +32
SushiSwap is a long-running multichain decentralized exchange that pairs a swap interface with an aggregator for routing across many networks. It suits users who want broad chain coverage, but liquidity and fee details vary by chain.
ScoreScore 7.4 out of 10TVL $35.2M−1.3% - 6
SushiSwap V3
DEXes · Ethereum, Katana, Robinhood Chain +27
SushiSwap V3 is the concentrated-liquidity version of Sushi's DEX, a Uniswap V3 fork live on more than 30 chains with about $41.5M in TVL. It suits swappers and liquidity providers who want broad chain coverage, but public sources list no audits.
ScoreScore 7.0 out of 10TVL $39.2M+4.3% - 7
Dexalot DEX
DEXes · Avalanche, Arbitrum, BNB Chain +1
Dexalot is a non-custodial, fully on-chain order book exchange that runs on its own app-specific chain and takes deposits from several networks. It suits traders who want a centralized-exchange feel without handing over custody.
ScoreScore 7.0 out of 10TVL $2.22M+20.8% - 8
Wombat Exchange
DEXes · BNB Chain, Arbitrum, Avalanche +7
Wombat Exchange is a multi-chain stableswap DEX that started on BNB Chain and uses single-sided liquidity pools for low-slippage swaps. It covers many chains, but its listed TVL is only about $1.04 million.
ScoreScore 7.0 out of 10TVL $1.04M+0.9% - 9
Balancer V2
DEXes · Ethereum, Polygon, Arbitrum +6
Balancer V2 is an automated market maker protocol for programmable liquidity pools, live on Ethereum and several other EVM chains. It is established but mid-sized by TVL, so check pool depth and risks first.
ScoreScore 6.8 out of 10TVL $16.4M−1.3% - 10
Frax Swap
DEXes · Fraxtal, Ethereum, BNB Chain +7
Fraxswap is a Uniswap V2-based constant product AMM from the Frax ecosystem, with an embedded time-weighted average market maker for large trades. It is a niche, permissionless DEX with modest TVL and a recent drop in liquidity.
ScoreScore 6.8 out of 10TVL $8.17M+0.2% - 11
WOOFi Swap
DEXes · Arbitrum, Optimism, Avalanche +13
WOOFi Swap is a multi-chain DEX offering swaps, cross-chain swaps, single-sided yield, staking and perpetuals. Its 2024 exploit and modest TVL are the main caveats.
ScoreScore 6.8 out of 10TVL $3.20M−6.0% - 12
Joe V2.2
DEXes · Avalanche, Arbitrum, Monad
Joe V2.2 is the LFJ Liquidity Book V2.2 DEX, which lets liquidity providers choose their price ranges and earn onchain incentives. It runs on Avalanche, Arbitrum and Monad with modest TVL.
ScoreScore 6.8 out of 10TVL $2.25M−1.5% - 13
KyberSwap Classic
DEXes · Ethereum, Polygon, Avalanche +12
KyberSwap Classic is the original Kyber AMM liquidity-pool product, now part of the wider KyberSwap platform. It is non-custodial and multi-chain, but its TVL is small, about $1.04M.
ScoreScore 6.8 out of 10TVL $1.01M−1.1% - 14
Pharaoh V3
DEXes · Avalanche
Pharaoh V3 is a concentrated liquidity DEX on Avalanche that uses an x(3,3) token model built around xPHAR. DefiLlama lists no audits, so users should weigh that against the roughly $27.5 million in TVL.
ScoreScore 6.5 out of 10TVL $25.8M−24.3% - 15
Pharaoh CL
DEXes · Avalanche
Pharaoh CL is a concentrated-liquidity DEX on Avalanche that pairs a Uniswap v3-style AMM with a vote-lock incentive system built around the PHAR token. It is a focused Avalanche venue, but no audits are listed.
ScoreScore 6.5 out of 10TVL $3.97M−0.6% - 16
Pangolin V2
DEXes · Avalanche, Hedera, Flare +1
Pangolin V2 is a community-driven decentralized exchange that runs on Avalanche, Hedera, Flare and Songbird. It is a small-TVL venue with three audits listed, so check pool depth before trading.
ScoreScore 6.5 out of 10TVL $1.72M−2.9% - 17
Joe V2
DEXes · Avalanche, Arbitrum, BNB Chain
Joe V2 is the Liquidity Book version of the LFJ (formerly Trader Joe) decentralized exchange, running on Avalanche, Arbitrum and BNB Chain. It offers zero-slippage swaps within a price bin and variable fees, but the V2 deployment holds modest liquidity.
ScoreScore 6.5 out of 10TVL $172K−1.4% - 18
Dexalot Portfolio
DEXes · Avalanche, Arbitrum, Base +2
Dexalot Portfolio is the deposit-and-withdrawal layer of Dexalot, an on-chain order book exchange on its own app-specific chain. It suits traders who want limit orders without custody, but liquidity is modest.
ScoreScore 6.4 out of 10TVL $5.68M−5.1% - 19
Joe V2.1
DEXes · Avalanche, Arbitrum, BNB Chain +1
Joe V2.1 is a DEX protocol version listed under the LFJ brand, running on Avalanche, Arbitrum, BNB Chain and Ethereum with about $3.9M in TVL. Its main appeal is gas efficiency and router compatibility, but published detail on fees is limited.
ScoreScore 6.4 out of 10TVL $3.63M−2.2% - 20
Joe DEX
DEXes · Avalanche, Arbitrum, Monad +1
Joe DEX, branded LFJ, is a multichain decentralized exchange and swap aggregator with liquidity pools and a JOE token. It offers several ways to trade, but fee details and audit scope are not clear.
ScoreScore 6.2 out of 10TVL $9.43M−1.7% - 21
Pharaoh DLMM
DEXes · Avalanche
Pharaoh DLMM is a concentrated liquidity exchange on the Avalanche C-Chain that uses an x(3,3) incentive model. It holds around $7.3 million in TVL, but no audits are listed and recent liquidity has been falling.
ScoreScore 6.0 out of 10TVL $7.02M−20.7% - 22
Gyroscope Protocol
DEXes · Sonic, Optimism, Polygon +7
Gyroscope is an asset-backed stablecoin protocol (GYD) with its own AMM pools, listed on ten chains. TVL is modest at roughly $411K, and detail beyond a one-line description is limited.
ScoreScore 6.0 out of 10TVL $418K+6.3% - 23
Poolside
DEXes · Base, Ethereum, Avalanche +1
Poolside is an AMM built for liquid staking tokens and other yield-bearing assets, using a mechanism called Reservoirs to protect LPs from losing yield. It is an interesting niche design, but liquidity is very small.
ScoreScore 6.0 out of 10TVL $32.6K+1.1% - 24
Balanced Exchange
DEXes · Avalanche, Solana, Arbitrum +8
Balanced is a cross-chain exchange for swaps, liquidity, transfers and borrowing. Its announced December 1, 2026 shutdown for v1 makes checking the transition plan important before using it.
ScoreScore 5.8 out of 10TVL $1.98M−0.1% - 25
Pharaoh V3 Legacy
DEXes · Avalanche
Pharaoh V3 Legacy is a concentrated liquidity DEX on Avalanche that uses an x(3,3) incentive model and its own PHAR token. It is a small, niche venue with no listed audits.
ScoreScore 5.8 out of 10TVL $1.40M−6.1%
DEXes on Avalanche: the numbers
- Tracked
- 59
- Reviewed
- 59
- Total TVL
- $3.77B
- Avg. score
- 5.9/10
The DappsAtlas index lists 59 DEXes on Avalanche. Every one of them has a full review. The 53 that report TVL hold $3.77B between them, counting value on every chain they support. Uniswap V3 is the clear leader, holding 40% of it. The five largest make up 96% of the total; the median is $1.01M.
By value locked, the largest DEXes on Avalanche are Uniswap V3 ($1.51B), Uniswap V4 ($1.14B) and Uniswap V2 ($864M). On DappsAtlas scores, Uniswap V4 ranks first at 8.5/10, ahead of Uniswap V3 (8.4) and Uniswap V2 (8.0). Across the 44 rated DEXes, the average score is 5.9/10 and 3 score 8 or higher.
Many also deploy elsewhere, most often on BNB Chain (26), Ethereum (24) and Arbitrum (23). Of the 41 with a confirmed status, 39 are active and 2 are inactive or wound down. In the past week, total value locked fell 3.7%. Dexalot DEX gained the most (+20.8%), while Pharaoh V3 dropped the most (−24.3%).
Largest by TVL
- 1
Uniswap V3$1.51B
- 2
Uniswap V4$1.14B
- 3
Uniswap V2$864M
- 4
THORChain DEX$62.1M
- 5
SushiSwap V3$39.2M
Highest rated
- 1
- 2
- 3
- 4
- 5
Method
How we ranked them
Reviewed dApps come first. Each DappsAtlas review scores security, ease of use, fees and features from 0 to 10 using public facts such as audits, documentation and on-chain data; the overall score orders the list, with total value locked as the tie-breaker. Projects we have not reviewed yet follow, ordered by total value locked. Scores are never sold.
Guides
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Frequently asked questions
What is the largest DEX on Avalanche by TVL?
Uniswap V3 is the largest DEX on Avalanche by total value locked, with $1.51B across all the chains it supports. It is followed by Uniswap V4 ($1.14B) and Uniswap V2 ($864M). TVL figures come from DefiLlama and change daily.
Which DEX on Avalanche has the highest DappsAtlas score?
Uniswap V4 has the highest score at 8.5/10, ahead of Uniswap V3 (8.4) and Uniswap V2 (8.0). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many DEXes on Avalanche has DappsAtlas reviewed?
DappsAtlas tracks 59 DEXes on Avalanche. Of these, 59 have a full review and 53 report value locked, $3.77B in total, counting value on every chain they support.
Which DEXes on Avalanche grew the most this week?
Among DEXes with at least $1M locked, Dexalot DEX had the biggest 7-day TVL gain (+20.8%) and Pharaoh V3 the biggest drop (−24.3%). Combined TVL moved −3.7% over the same seven days.
What is the average score for DEXes on Avalanche?
The 44 rated DEXes on Avalanche average 5.9 out of 10. Of these, 3 score 8 or higher and 10 score below 5.