Liquidity Manager · Review
ActiveCharm Finance V2 Review 2026: Uniswap V3 Alpha Vaults
Charm Finance V2 (Alpha Vaults) is a smart-contract system that manages Uniswap V3 liquidity positions on behalf of depositors. It suits users who want automated range management, but TVL is modest and fee terms are not published on the homepage.
By the DappsAtlas editorial team · Updated
DappsAtlas score
6.4/10
Mixed
Our verdict on Charm Finance V2
6.4/10Charm Finance V2 suits liquidity providers who want Uniswap V3 range management handled by smart contracts, and builders who want to create a vault for a specific pool. Its strengths are the Backtest tool, vault creation and wide chain coverage. The main caveats are modest TVL of about $1.57 million, unpublished fee terms and the usual impermanent-loss and contract risks. Read the documentation and vault fees first.
Score breakdown
How Charm Finance V2 scores
- Security
- 6.5/10
- Ease of use
- 6.5/10
- Fees
- n/a
- Features
- 6.5/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Charm Finance V2?
Charm Finance V2 is the Alpha Vaults system, a set of smart contracts for decentralised liquidity management. It creates liquidity vaults for any Uniswap V3 pool and includes what is needed to manage the liquidity inside the pool.
The interface at the official site has pages for Vaults, Portfolio, Create Vault, Backtest and Docs. The protocol is listed on Ethereum, Arbitrum, Base, Polygon, Optimism, Scroll, Linea, Boba, Blast, Berachain and Katana. It has been tracked since November 2023.
Total value locked is about $1.57 million, up about 0.9% over seven days. DefiLlama lists two audits and no token. The project's social presence is under the handle CharmFinance.
How Charm Finance V2 works
Uniswap V3 lets liquidity providers place funds in a chosen price range. Inside that range the position earns trading fees at high capital efficiency, but outside it the position stops earning and must be adjusted. Doing this by hand takes time and gas.
Alpha Vaults are smart contracts that take on this job. A depositor adds tokens to a vault, and the vault holds a Uniswap V3 position and manages the liquidity within the pool. Vaults can be created for any Uniswap V3 pool.
Depositors get exposure to the pair and the fees it earns, along with the usual liquidity-provider risks, including impermanent loss when prices move.
6 features
Key features
01
Uniswap V3 vaults
Vaults can be created for any Uniswap V3 pool, with the contracts handling position management inside the pool.
02
Automated liquidity management
The system is described as binary smart contracts covering what is needed to manage liquidity within a pool.
03
Vault creation
Anyone can create a vault through the Create Vault page, which lets strategies be set up for pools that lack one.
04
Backtesting tool
A Backtest page lets users check how a strategy would have performed on historical data before committing funds.
05
Portfolio view
A Portfolio page tracks a user's vault positions in one place.
06
Multi-chain deployment
Deployments span Ethereum, several layer-2s and newer chains such as Berachain and Katana.
Pros and cons
What we like
- Automates Uniswap V3 range management, which is hard to do manually.
- Anyone can create a vault for any Uniswap V3 pool.
- Backtest page helps users evaluate a strategy before depositing.
- Deployed on 11 chains, including major layer-2s.
- Two audits are listed.
- No token, so no dependence on token emissions for returns.
Watch out for
- TVL is about $1.57 million, small next to the biggest liquidity managers, so vaults may be thin.
- No governance or protocol token is listed, so there is no token incentive layer.
- Fee levels (management or performance) are not stated.
- Vaults inherit impermanent loss, and automated rebalancing does not remove it.
- Smart-contract risk applies to the vaults and to the Uniswap V3 pools underneath them.
- Covering 11 chains means liquidity and activity are likely spread thin across them.
Charm Finance V2 fees
Fee terms for Alpha Vaults are not published on the homepage. Liquidity managers commonly take a share of trading fees earned, but Charm's exact structure is not stated.
Users also pay network gas fees on whichever chain they use, and the underlying Uniswap V3 pool charges its own swap-fee tier. Check each vault page and the documentation for current fee details before depositing.
Is Charm Finance V2 safe?
DefiLlama lists two audits for the protocol. The audit firms and reports are not named, so check the documentation for details. Audits reduce but do not remove smart-contract risk.
Depositors hand tokens to vault contracts, so contract bugs, oracle or pool issues, and impermanent loss are the main risks. The team and any incident history are not described. Only deposit what you can afford to lose.
6 steps
How to get started with Charm Finance V2
- 1
Read the documentation to understand how Alpha Vaults and Uniswap V3 ranges work.
- 2
Open the Vaults page and pick a chain and pool you want exposure to.
- 3
Use the Backtest tool to see how the strategy would have performed historically.
- 4
Connect a wallet and check the vault's fees, token pair and risks.
- 5
Deposit the required tokens, starting with an amount you can afford to lose.
- 6
Track the position on the Portfolio page and withdraw when you choose.
Who Charm Finance V2 is for
Charm Finance V2 is for DeFi users who already understand liquidity provision and impermanent loss and want automated Uniswap V3 position management. It also suits builders who want to launch a vault for a pool. Complete beginners should learn how concentrated liquidity works first.
Charm Finance V2 FAQs
What is Charm Finance V2?
Charm Finance V2 runs Alpha Vaults, a system of smart contracts that creates and manages liquidity vaults for Uniswap V3 pools. Depositors put in tokens and the vault handles the liquidity position for them.
Which blockchains does Charm Finance V2 support?
The listed deployments are Ethereum, Arbitrum, Base, Polygon, Optimism, Scroll, Linea, Boba, Blast, Berachain and Katana. Availability of specific vaults varies by chain.
What are the fees on Charm Finance V2?
Not as far as public sources show. The homepage shows navigation for Vaults, Portfolio, Create Vault, Backtest and Docs but does not state fee levels. Check the vault pages and documentation before depositing.
Is Charm Finance V2 safe?
Yes, in the sense that it is a smart-contract protocol with two audits listed. An audit does not guarantee safety. Risks include contract bugs, impermanent loss and underlying pool risk.
Does Charm Finance V2 have a token?
No token is listed for Charm Finance V2. Treat any token sold under a similar name with caution and confirm it against the official site.
Can I create my own vault?
The navigation includes a Create Vault option, and the project describes the system as able to create vaults for any Uniswap V3 pool. The exact steps and requirements are in the documentation.
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How we checked
Sources
- 1.defillama.com/protocol/charm-finance-v2
- 2.finance.yahoo.com/news/top-5-defi-coins-june-165500855.html
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