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Crema Finance Review 2026: Solana CLMM DEX After the Hack

Crema Finance is a concentrated liquidity DEX on Solana for swapping and providing liquidity in custom price ranges. Its small TVL and a $8 million exploit in 2022 are the main points to weigh.

Solana

By the DappsAtlas editorial team · Updated Nov 5, 2026

DappsAtlas score

5.2/10

Mixed

Visit Crema Finance

Our verdict on Crema Finance

5.2/10

Crema Finance suits experienced Solana users who understand concentrated liquidity and want to try a smaller CLMM venue. Its main strength is the capital-efficient pool design, with NFT positions, a router and an SDK around it. The main caveat is risk: a roughly $8 million exploit in 2022, no audits listed on DefiLlama and a TVL near $125,000. Check current liquidity and audit details, and size positions accordingly.

Score breakdown

How Crema Finance scores

Security: 3.5/10
Ease of use: 6.5/10
Fees: n/a
Features: 6.0/10

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 Crema Finance?

Crema Finance is a decentralized exchange on Solana built around concentrated liquidity. It launched in early 2022 and aims to give traders deeper liquidity near the current price while letting liquidity providers earn fees more efficiently.

The product set on the homepage covers concentrated liquidity pools, liquidity farming through NFT positions, a smart router and cross-chain solutions. It also pitches itself to developers as a building block, with an SDK for Solana apps. The team has also released a 10,000-piece turtle NFT collection.

The project's record includes a July 2022 hack in which about $8 million was reported stolen. Current TVL is roughly $125,000, a small figure for a DEX. The site remains online, but the live TVL and volume counters show placeholders and the footer is dated 2024.

How Crema Finance works

Crema is a concentrated liquidity market maker. In a traditional AMM, liquidity is spread across every possible price. In a CLMM, liquidity providers choose a price range and their funds only trade within it.

When the market price is inside the range, the position earns trading fees and is more capital-efficient than a standard pool. When the price leaves the range, the position stops earning fees until the price returns or the provider adjusts it. Positions are represented as NFTs, which Crema also uses to distribute farming incentives.

Traders swap against these pools, and the smart router is meant to find suitable paths. Developers can integrate the swap and liquidity functions into their own Solana applications through the SDK.

7 features

Key features

Concentrated liquidity pools

CLMM pools let liquidity providers set narrow price ranges so more capital sits near the current price.

Lower slippage for traders

Because liquidity is concentrated near market price, orders can see less price impact than in a standard AMM pool.

NFT liquidity farming

Liquidity positions are represented as NFTs, and the homepage says extra incentives are distributed through NFT liquidity farming.

Smart Router

A routing product is listed among Crema's offerings for finding swap paths.

Developer SDK

The homepage says Solana applications can call or integrate Crema's service through a ready-to-use SDK.

Cross-chain solutions

The homepage lists cross-chain solutions as a product, though details are not given.

Turtle NFT collection

The team released a 10,000-piece collection called Crema Chill Chill Turtles.

Pros and cons

What we like

Concentrated liquidity design can improve capital efficiency for liquidity providers
Can reduce slippage for traders when liquidity is concentrated near the current price
SDK lets Solana apps integrate swaps and liquidity
Docs, an audit report link and a user guide are available
Solana's low transaction costs suit active range management

Watch out for

A July 2022 exploit drained roughly $8 million, according to a security firm's write-up, which is a significant track-record mark
TVL is about $125,000, which suggests thin liquidity and limited activity
DefiLlama lists no audits for the protocol, although the homepage links an audit report
Concentrated liquidity requires active range management and can lead to impermanent loss
Fee levels are not published on the homepage
The homepage copyright reads 2024 and the live volume and TVL counters show placeholders, so recent activity is unclear

Crema Finance fees

Crema's fee tiers are not published on the homepage. Pool-level trading fees are normally set per pool and shown in the app when you choose a pool or swap.

In addition to trading fees, Solana transactions carry network fees, and liquidity providers face impermanent loss risk. Check the docs and the app's swap and deposit screens for current numbers.

Is Crema Finance safe?

Crema was exploited on July 2, 2022, and a cybersecurity firm reported roughly $8 million stolen. That incident is the most important safety fact for the protocol. The homepage links an audit report, but DefiLlama lists no audits, and the audit scope and date are not stated.

DEX users keep custody of funds in their own wallet, but liquidity deposits sit in smart contracts, so contract bugs are a real risk. Small TVL also means thinner liquidity and more price impact on larger trades. Crema's regulatory status and team details are not published on the homepage. This is not financial advice; only use funds you can afford to lose.

6 steps

How to get started with Crema Finance

1
Install a Solana wallet and fund it with SOL for network fees.
2
Open the Crema app from the official website and connect your wallet.
3
Review the pool list, fee tier and current liquidity before choosing a pair.
4
For a swap, enter the amount and check the expected price impact before confirming.
5
To provide liquidity, pick a price range, deposit both tokens and keep an eye on whether the price stays in range.
6
Start with a small amount while you learn how range positions behave.

Open Crema Finance

Who Crema Finance is for

Crema is for Solana DeFi users comfortable choosing price ranges and managing impermanent loss, and for developers looking at a CLMM SDK. Newcomers and anyone who needs deep liquidity or a spotless security record may prefer larger venues.

Crema Finance FAQs

What is Crema Finance?

Crema Finance is a decentralized exchange on Solana built around concentrated liquidity market maker (CLMM) pools. Users can swap tokens, provide liquidity within chosen price ranges and earn fees.

Is Crema Finance still active?

Crema has been listed since February 2022 and its site is still online. TVL is around $125,000, which is small, so check current activity in the app before using it.

Has Crema Finance been hacked?

Yes. On July 2, 2022, the protocol was hacked and about $8 million in funds were reported stolen, per a write-up by a cybersecurity firm. Past incidents do not predict future ones, but they are relevant to risk.

What is a concentrated liquidity pool?

A CLMM lets liquidity providers place capital within a specific price range instead of across all prices. This can improve capital efficiency and reduce slippage for traders when the price stays inside active ranges.

Does Crema have a token?

The homepage and public reporting describes a CRM token for governance and value accrual, used to incentivize traders and liquidity providers. DefiLlama lists no token for the protocol, so check the official docs for current details.

Which wallets work with Crema?

The homepage lists a FAQ section on supported wallets but does not show the list. Solana wallets are the usual route; check the app for the current list.

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