Best of · Solana · Updated
The best DEXes on Solana in 2026
We track 47 DEXes that run on Solana and have reviewed 42 of them in full. Our top pick is PancakeSwap AMM V3. Each one is scored on security, ease of use, fees and features.
Ranked list
- 1
PancakeSwap AMM V3
DEXes · BNB Chain, Ethereum, Base +8
PancakeSwap AMM V3 is the concentrated-liquidity version of the PancakeSwap DEX, listed on DefiLlama with about $712 million in TVL across 11 chains. It is a large, multichain venue, though public sources list no audits for this entry.
ScoreScore 7.8 out of 10TVL $694M−2.5% - 2
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% - 3
Raydium
DEXes · Solana
Raydium is a decentralized exchange and automated market maker on Solana, built around fast, low-cost swaps and liquidity pools. Its RAY token is used for fees, liquidity and governance.
ScoreScore 7.6 out of 10TVL — - 4
Orca
DEXes · Solana
Orca is a decentralized exchange on Solana for swapping tokens and earning fees by providing liquidity, with an emphasis on simple design and concentrated liquidity. Its main appeal is speed and low costs, but fee and audit details are not published in the sources reviewed.
ScoreScore 7.5 out of 10TVL — - 5
Sanctum Infinity
DEXes · Solana
Sanctum Infinity is a multi-LST liquidity pool on Solana that lets users swap between liquid staking tokens. It holds about $181 million in TVL, but DefiLlama lists no audits.
ScoreScore 7.0 out of 10TVL $169M−10.8% - 6
Meteora DLMM
DEXes · Solana
Meteora DLMM is a bin-based concentrated liquidity market maker on Solana, with about $149 million in TVL per DefiLlama. It suits liquidity providers who want precise control, but DefiLlama lists no audits and the strategies take effort to manage.
ScoreScore 7.0 out of 10TVL $140M−2.7% - 7
Futarchy AMM
DEXes · Solana
Futarchy AMM is the on-chain market engine behind MetaDAO on Solana. It prices governance decisions and trades raised tokens for a 0.25% fee, and it suits users who accept early-stage project risk.
ScoreScore 6.8 out of 10TVL $13.3M+0.2% - 8
Byreal
DEXes · Solana
Byreal is a Solana DEX that combines concentrated liquidity trading, a token launchpad and yield vaults, and it was incubated by Bybit. It offers broad functionality, but no audits are listed and fee details are not published.
ScoreScore 6.8 out of 10TVL $9.47M−18.1% - 9
Meteora
DEXes · Solana
Meteora is a Solana-based DEX and liquidity platform that launched its MET token in October 2025. It suits users who already provide liquidity on Solana, but the token is new and its fee and audit details are not published in the sources.
ScoreScore 6.8 out of 10TVL — - 10
DeGate
DEXes · Ethereum, Solana, Base +2
DeGate started as an app-specific ZK rollup with a decentralized order book on Ethereum and now presents itself as a multichain self-custody wallet with tokenized stocks. It is worth a look for self-custody traders, but fees and audit details are not published in the material reviewed.
ScoreScore 6.8 out of 10TVL — - 11
Phoenix Spot
DEXes · Solana
Phoenix is a non-custodial, fully on-chain limit order book on Solana that now centres on leveraged perpetual futures. It suits active traders who want an order-book interface without handing custody to an exchange, but liquidity is modest and leverage is high risk.
ScoreScore 6.6 out of 10TVL $944K−3.5% - 12
Meteora DAMM V2
DEXes · Solana
Meteora DAMM V2 is a Solana constant-product AMM with configurable fees, aimed at liquidity providers and token launches. It holds about $20.4M in TVL, but DefiLlama lists no audits.
ScoreScore 6.5 out of 10TVL $19.4M−6.3% - 13
Meteora DAMM V1
DEXes · Solana
Meteora DAMM V1 is a Solana liquidity pool product focused on stable and pegged assets, with about $45.2 million in TVL. The main takeaway is that it is a sizeable Solana venue, but public sources list no audits and no fee details.
ScoreScore 6.2 out of 10TVL $42.7M+2.1% - 14
DefiTuna AMM
DEXes · Solana
DefiTuna is a Solana AMM that combines concentrated liquidity, on-chain limit orders and leveraged liquidity provision. It is a niche tool for experienced liquidity providers, and its small TVL and leverage risk call for caution.
ScoreScore 6.2 out of 10TVL $946K+9.3% - 15
Perena Dex
DEXes · Solana
Perena is a Solana-native stablecoin protocol that began with the Numéraire AMM and now also offers the yield-bearing USD* asset and vaults. Its TVL is small and no audits are listed, so it suits users who accept early-stage risk.
ScoreScore 6.2 out of 10TVL $570K−0.0% - 16
Orca Defi
DEXes · Solana, Eclipse
Orca is a decentralized exchange on Solana, and its Whirlpools pools use concentrated liquidity to trade tokens and pay fees to liquidity providers. Its main draw is low-friction trading on Solana, with the main caveats being unpublished audits and the usual risks of providing liquidity.
ScoreScore 6.2 out of 10TVL — - 17
Snipe Crypto
DEXes · Solana, Base, BNB Chain
Snipe Crypto, branded as Unisnipe, automates buys of newly launched tokens and offers configurable trade rules, safety filters and performance tracking. Its speed-focused tools come with substantial token, execution and wallet risks.
ScoreScore 6.2 out of 10TVL — - 18
PumpSwap
DEXes · Solana
PumpSwap is the native decentralized exchange for tokens launched on pump.fun, running on Solana. It holds sizable TVL, but it is built for memecoins and DefiLlama lists no audits.
ScoreScore 6.0 out of 10TVL $309M−4.0% - 19
Lifinity V1
DEXes · Solana
Lifinity V1 is an oracle-based DEX on Solana that uses a proactive market maker to improve capital efficiency and reduce impermanent loss. Its current liquidity is small, so it suits curious users more than large traders.
ScoreScore 6.0 out of 10TVL $72.0K−1.0% - 20
Mercurial
DEXes · Solana
Mercurial Finance is a Solana protocol built around swap pools and vaults for stable assets, with a governance token called MER. Most public coverage is from 2021, so check the live app for its current status.
ScoreScore 6.0 out of 10TVL — - 21
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% - 22
DeltaTrade
DEXes · Near, Solana
DeltaTrade is a multi-chain on-chain trading vault on NEAR and Solana that automates grid, DCA and AI-assisted strategies. It is a small protocol with about $105,000 in TVL, so it suits experimenters more than users who need deep liquidity.
ScoreScore 5.8 out of 10TVL $99.1K−47.1% - 23
HbarSuite
DEXes · Hedera, Solana, XRP Ledger
HbarSuite, now branded HSuite, started as a DeFi suite on Hedera and is repositioning as a multi-chain infrastructure hub with a Hedera DEX in its ecosystem. It is active, but its direction is in transition and the data is limited.
ScoreScore 5.6 out of 10TVL $3.60M+10.0% - 24
Saber
DEXes · Solana
Saber is a Solana automated market maker built for trading pegged assets such as USDC, USDT, SOL, mSOL and bSOL. Its niche is clear, but TVL is modest and no audits are listed in the data we reviewed.
ScoreScore 5.5 out of 10TVL $4.60M−5.8% - 25
Archer Exchange
DEXes · Solana
Archer Exchange is a new Solana trading venue with an order book that describes itself as a trading engine for crypto, stocks and real-world assets. It is early-stage, unaudited per DefiLlama and thinly documented publicly.
ScoreScore 5.5 out of 10TVL $560K+15.6%
DEXes on Solana: the numbers
- Tracked
- 47
- Reviewed
- 47
- Total TVL
- $1.50B
- Avg. score
- 5.9/10
There are 47 DEXes on Solana in the DappsAtlas index. Every one of them has a full review. The 35 that report TVL hold $1.50B between them, counting value on every chain they support. PancakeSwap AMM V3 is the clear leader, holding 46% of it. The top five account for 92%, while the median DEX holds $570K.
By value locked, the largest DEXes on Solana are PancakeSwap AMM V3 ($694M), PumpSwap ($309M) and Sanctum Infinity ($169M). The best-rated is PancakeSwap AMM V3 with 7.8/10, followed by THORChain DEX (7.7) and Raydium (7.6). That makes PancakeSwap AMM V3 both the biggest and the best-rated. The 42 rated DEXes average 5.9/10, and none scores 8 or above yet.
Many also deploy elsewhere, most often on BNB Chain (8), Base (6) and Ethereum (5). Of the 39 with a confirmed status, 38 are active and 1 is inactive or wound down. Over the last seven days, combined TVL fell 4.5%. HbarSuite gained the most (+10.0%), while Manifest Trade dropped the most (−63.9%).
Largest by TVL
- 1
PancakeSwap AMM V3$694M
- 2
PumpSwap$309M
- 3
Sanctum Infinity$169M
- 4
Meteora DLMM$140M
- 5
THORChain DEX$62.1M
Highest rated
- 1
- 2
- 3
Raydium7.6
- 4Orca7.5
- 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.
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Frequently asked questions
What is the largest DEX on Solana by TVL?
PancakeSwap AMM V3 is the largest DEX on Solana by total value locked, with $694M across all the chains it supports. It is followed by PumpSwap ($309M) and Sanctum Infinity ($169M). TVL figures come from DefiLlama and change daily.
Which DEX on Solana has the highest DappsAtlas score?
PancakeSwap AMM V3 has the highest score at 7.8/10, ahead of THORChain DEX (7.7) and Raydium (7.6). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many DEXes on Solana has DappsAtlas reviewed?
DappsAtlas tracks 47 DEXes on Solana. Of these, 47 have a full review and 35 report value locked, $1.50B in total, counting value on every chain they support.
Which DEXes on Solana grew the most this week?
Among DEXes with at least $1M locked, HbarSuite had the biggest 7-day TVL gain (+10.0%) and Manifest Trade the biggest drop (−63.9%). Combined TVL moved −4.5% over the same seven days.
What is the average score for DEXes on Solana?
The 42 rated DEXes on Solana average 5.9 out of 10. Of these, 0 score 8 or higher and 4 score below 5.