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Best of · Flow · Updated

The best DEXes on Flow in 2026

We track 7 DEXes that run on Flow and have reviewed 5 of them in full. Our top pick is Increment. Each one is scored on security, ease of use, fees and features.

Ranked list

  1. 1
    Increment logo

    Increment

    DEXes · Flow

    Increment Finance is a DeFi platform on the Flow blockchain that bundles a token swap, a lending market, a price oracle, farms and liquid staking. It suits Flow users who want several services in one place, but audit and fee details need checking in its docs.

    ScoreScore 6.8 out of 10
    TVL —
  2. 2
    Increment Swap logo

    Increment Swap

    DEXes · Flow

    Increment Swap is a permissionless constant-product exchange on the Flow blockchain, with stableswap pools and multi-path routing. It works as a small, Flow-focused DEX with modest liquidity.

    ScoreScore 6.3 out of 10
    TVL $1.10M−4.4%
  3. 3
    KittyPunch StableKitty logo

    KittyPunch StableKitty is a stableswap exchange on Flow built for low-slippage swaps between similar assets. It is still labelled early beta and shows no published audits, so it suits cautious, small-size use.

    ScoreScore 5.8 out of 10
    TVL $1.71M−0.7%
  4. 4
    KittyPunch PunchSwap logo

    PunchSwap is the main decentralized exchange from the KittyPunch ecosystem on Flow, with a smart-router swap, concentrated-liquidity pools and farms. It is a small-liquidity venue, so check pool depth and audit status before trading size.

    ScoreScore 5.5 out of 10
    TVL $376K−5.2%
  5. 5

    PunchSwap V3 is a concentrated-liquidity DEX on Flow from KittyPunch, with swaps, liquidity, farms and strategy tools. TVL is very small and no audits are listed, so treat it as a high-risk venue.

    ScoreScore 4.8 out of 10
    TVL $22.4K−7.0%
  6. 6
    FlowSwap V3 logo

    FlowSwap V3

    DEXes · Flow

    FlowSwap V3 is a Uniswap V3-style decentralized exchange on the Flow blockchain, listed since late October 2025. It is a small, young venue with no listed audits.

    ScoreNot rated yet
    TVL $3.56M−3.4%
  7. 7
    Trado Spot logo

    Trado Spot

    DEXes · Flow

    Trado Spot is described as a Flow-based platform for spot and perpetual trading. With no verified website or published details on fees, markets, or security, it is difficult to assess whether it suits active traders.

    ScoreNot rated yet
    TVL $19.6K−12.3%

DEXes on Flow: the numbers

Tracked
7
Reviewed
7
Total TVL
$6.79M
Avg. score
5.8/10

DappsAtlas tracks 7 DEXes on Flow. Every one of them has a full review. Across the 6 with TVL data, the combined value locked is $6.79M, counting value on every chain they support. FlowSwap V3 dominates, with 52% of that total. The top five account for 100%, while the median DEX holds $376K.

Ranked by TVL, FlowSwap V3 ($3.56M), KittyPunch StableKitty ($1.71M) and Increment Swap ($1.10M) lead the field. The best-rated is Increment with 6.8/10, followed by Increment Swap (6.3) and KittyPunch StableKitty (5.8). The 5 rated DEXes average 5.8/10, and none scores 8 or above yet.

All 6 with a confirmed status are active. In the past week, total value locked fell 3.0%. Increment Swap dropped the most (−4.4%).

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 Flow by TVL?

FlowSwap V3 is the largest DEX on Flow by total value locked, with $3.56M across all the chains it supports. It is followed by KittyPunch StableKitty ($1.71M) and Increment Swap ($1.10M). TVL figures come from DefiLlama and change daily.

Which DEX on Flow has the highest DappsAtlas score?

Increment has the highest score at 6.8/10, ahead of Increment Swap (6.3) and KittyPunch StableKitty (5.8). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.

How many DEXes on Flow has DappsAtlas reviewed?

DappsAtlas tracks 7 DEXes on Flow. Of these, 7 have a full review and 6 report value locked, $6.79M in total, counting value on every chain they support.

Which DEXes on Flow grew the most this week?

Among DEXes with at least $1M locked, Increment Swap the biggest drop (−4.4%). Combined TVL moved −3.0% over the same seven days.

What is the average score for DEXes on Flow?

The 5 rated DEXes on Flow average 5.8 out of 10. Of these, 0 score 8 or higher and 1 score below 5.