Best of · Optimism · Updated
The best DEXes on Optimism in 2026
We track 36 DEXes that run on Optimism and have reviewed 34 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
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% - 5
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% - 6
Beets DEX
DEXes · Sonic, Fantom, Optimism
Beets is a Balancer v3-based DEX on Sonic that focuses on liquid staking tokens, including its own stS, and a maturity-based governance product called maBEETS. It is a niche, relatively small venue best suited to Sonic DeFi users.
ScoreScore 7.0 out of 10TVL $1.15M−7.1% - 7
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% - 8
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% - 9
Velodrome V3
DEXes · Ink, Optimism, Fraxtal +7
Velodrome V3 is the Slipstream concentrated liquidity module of Velodrome Finance, a DEX that spans Optimism and several other chains. It has modest TVL of about $6.0M and is best suited to liquidity providers who understand concentrated positions.
ScoreScore 6.8 out of 10TVL $5.45M−8.4% - 10
Velodrome V2
DEXes · Optimism, Ink, BOB +8
Velodrome V2 is a Solidly-based automated market maker that started on Optimism and now runs on 11 chains. It has a long track record since 2023 but modest TVL of about $5.1M.
ScoreScore 6.8 out of 10TVL $4.72M−8.4% - 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
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% - 13
Clipper
DEXes · Ethereum, Base, Optimism +5
Clipper is a multi-chain DEX aimed at traders making small swaps under $10k and at liquidity providers who want a pooled, MEV-resistant design. Its on-chain footprint is modest, so treat its marketing claims with care.
ScoreScore 6.5 out of 10TVL $752K−0.4% - 14
Velodrome
DEXes · Optimism
Velodrome Finance is an automated market maker on Optimism that uses VELO emissions and veVELO voting to direct liquidity. It suits DeFi users comfortable with token locks and governance, but yields and token value are volatile.
ScoreScore 6.5 out of 10TVL — - 15
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% - 16
Velodrome V1
DEXes · Optimism
Velodrome V1 is a Solidly-based automated market maker on Optimism with a small pool of liquidity. It suits DeFi users who already know this design, but the thin liquidity limits it for everyone else.
ScoreScore 6.0 out of 10TVL $285K−1.2% - 17
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% - 18
Rubicon
DEXes · Optimism, Base, Ethereum +1
Rubicon is an on-chain order book DEX that runs on Ethereum, Optimism, Base and Arbitrum. It has been listed since 2021, but its current TVL is small, so liquidity depth is the main thing to check.
ScoreScore 5.8 out of 10TVL $258K+0.5% - 19
TanX.fi
DEXes · Ethereum, Arbitrum, Linea +5
TanX.fi is a self-custodial, gasless order-book exchange, powered by StarkWare, that targets traders, OTC desks and institutions. Its on-chain TVL is small and no audits are listed.
ScoreScore 5.5 out of 10TVL $256K−3.8% - 20
Swaap Maker V2
DEXes · Polygon, Arbitrum, Ethereum +8
Swaap Maker V2 is an automated market maker that uses algorithmic pricing to try to earn yield for liquidity providers across 11 chains. Current liquidity is very small and fell sharply in the past week.
ScoreScore 5.5 out of 10TVL $43.2K−90.2% - 21
Bitget Swap
DEXes · Ethereum, BNB Chain, Polygon +5
Bitget Swap is a token-swap feature built into the Bitget Wallet app and linked to the Bitget exchange, with same-chain swaps, limit orders and cross-chain routes. It suits users who already hold assets in the Bitget ecosystem and want to swap without leaving the app.
ScoreScore 5.5 out of 10TVL — - 22
RadioShack
DEXes · BNB Chain, Avalanche, Polygon +5
RadioShack is a Uniswap-fork decentralized exchange operating across eight networks. Its basic swap model is familiar, but fee details and current product information are hard to verify.
ScoreScore 5.0 out of 10TVL $457K−5.8% - 23
Beethoven x
DEXes · Fantom, Optimism
Beethoven X is a decentralized exchange associated with Fantom and Optimism, with BEETS as its governance token. Its current activity and security details are unclear, so check the app carefully before connecting a wallet or trading.
ScoreScore 5.0 out of 10TVL — - 24
DackieSwap V2
DEXes · Base, X Layer, Optimism +8
DackieSwap V2 is a multichain decentralized exchange that markets itself as a meta aggregator of aggregators. Its tracked liquidity is very small and no audits are listed, so treat it as a small, higher-risk venue.
ScoreScore 4.8 out of 10TVL $24.4K−0.7% - 25
OpenXswap
DEXes · Optimism
OpenXSwap is a small Optimism-based DEX and aggregator, part of the OpenX Project, which also runs vaults and an NFT market. Liquidity is very low, so it suits experimenters more than active traders.
ScoreScore 4.8 out of 10TVL $18.9K+1.5%
DEXes on Optimism: the numbers
- Tracked
- 36
- Reviewed
- 36
- Total TVL
- $3.64B
- Avg. score
- 5.8/10
The DappsAtlas index lists 36 DEXes on Optimism. Every one of them has a full review. The 29 that report TVL hold $3.64B between them, counting value on every chain they support. Uniswap V3 is the clear leader, holding 42% of it. The top five account for 99%, while the median DEX holds $901K.
By value locked, the largest DEXes on Optimism are Uniswap V3 ($1.51B), Uniswap V4 ($1.14B) and Uniswap V2 ($864M). The best-rated is Uniswap V4 with 8.5/10, followed by Uniswap V3 (8.4) and Uniswap V2 (8.0). Across the 32 rated DEXes, the average score is 5.8/10 and 3 score 8 or higher.
Beyond Optimism, these DEXes most often also run on Arbitrum (25), Ethereum (23) and Polygon (20). Of the 27 with a confirmed status, 25 are active and 2 are inactive or wound down. In the past week, total value locked fell 3.5%. SushiSwap V3 gained the most (+4.3%), while Balancer V3 dropped the most (−19.6%).
Largest by TVL
- 1
Uniswap V3$1.51B
- 2
Uniswap V4$1.14B
- 3
Uniswap V2$864M
- 4
SushiSwap V3$39.2M
- 5
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
Related guides
Blockchain
New Dapps Coming to Optimism: How to Track and Use ThemOptimism is an Ethereum layer-2 network, and new applications arrive on it all the time. This guide explains how launches happen, where to verify them, and how to check a new dapp before you connect a wallet.
Blockchain
Optimism Bedrock Upgrade: What Changed for Users in 2026Optimism's Bedrock upgrade rebuilt the core of its Layer 2 network to lower costs, speed up deposits and align more closely with Ethereum. This guide explains what changed, what it did and did not create for users, and how to check the network's current state yourself.
DeFi
Optimism DeFi in 2026: What Is Happening and Why It MattersOptimism is an Ethereum layer-2 network where DeFi activity, the OP token and its Superchain plans have all drawn attention in 2026. This explainer sets out what is being reported, what it means for users, and how to check current figures yourself.
DeFi
Tron vs Uniswap-Style DEXes: How to Compare DeFi Options in 2026Tron's DeFi activity is growing, but one exchange launch tells you little on its own. This guide explains how to compare TRON-based and Ethereum-style decentralized exchanges on fees, liquidity, security and risk.
Blockchain
Uniswap V3 on Optimism: How the Layer 2 Deployment WorksUniswap V3 on Optimism applies the same concentrated liquidity design as the Ethereum version, but on an Ethereum layer 2 where transactions usually cost far less. This guide explains how the deployment works, what changes for swappers and liquidity providers, and what to check before you move funds.
Blockchain
Why DeFi Apps Are Adopting Optimism as an Ethereum AlternativeOptimism is an Ethereum layer-2 network that many DeFi teams now treat as a practical home for lending, trading and yield products. This guide explains what drives that shift, where the trade-offs sit, and how to check current fees, liquidity and withdrawal times yourself.
Frequently asked questions
What is the largest DEX on Optimism by TVL?
Uniswap V3 is the largest DEX on Optimism 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 Optimism 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 Optimism has DappsAtlas reviewed?
DappsAtlas tracks 36 DEXes on Optimism. Of these, 36 have a full review and 29 report value locked, $3.64B in total, counting value on every chain they support.
Which DEXes on Optimism grew the most this week?
Among DEXes with at least $1M locked, SushiSwap V3 had the biggest 7-day TVL gain (+4.3%) and Balancer V3 the biggest drop (−19.6%). Combined TVL moved −3.5% over the same seven days.
What is the average score for DEXes on Optimism?
The 32 rated DEXes on Optimism average 5.8 out of 10. Of these, 3 score 8 or higher and 9 score below 5.