Skip to content

DappsAtlas index · 14,224 dApps

DappsAtlas
Equilibre logo

DEXes · Review

Equilibre Review 2026: A Velodrome-Style DEX on Kava

Equilibre is a Velodrome-based ve(3,3) automated market maker on the Kava chain, built around the VARA token. Activity looks very low, so check current liquidity before using it.

By the DappsAtlas editorial team · Updated

DappsAtlas score

5.0/10

Mixed

Our verdict on Equilibre

5.0/10

Equilibre suits experienced DeFi users on Kava who understand ve(3,3) exchanges and want to explore a Velodrome-style venue. Its strengths are a proven design and three listed audits. The main caveat is activity: reported trading volume is very small and TVL data is not available, so liquidity may be thin. Treat it as a small, higher-risk venue, verify the official site, and check live pool depth before depositing.

Score breakdown

How Equilibre scores

Security
5.5/10
Ease of use
6.0/10
Fees
n/a
Features
5.5/10

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 Equilibre?

Equilibre is a decentralized exchange on the Kava chain. It is described as a ve(3,3) automated market maker based on Velodrome, designed to provide large liquidity and low swapping fees. It has been tracked since February 2025 on listings, with its token listed as VARA.

The protocol is listed with three audits, and it has an official X account under the name Equilibre_Labs. The homepage could not be reviewed, so details such as the team, the audit firms and the fee schedule are not confirmed here.

Activity looks low. TVL data is not available, and one aggregator snippet reports 24-hour trading volume of roughly 0.0043 BTC. That suggests little trading, so anyone considering it should check live pool depth. A similarly named AI trading site also appears in public reporting and appears unrelated.

How Equilibre works

Equilibre is an automated market maker. Instead of an order book, traders swap against pools of tokens funded by liquidity providers. Prices come from the ratio of tokens in each pool, so large trades against shallow pools move the price more.

The ve(3,3) design comes from Velodrome. Holders lock the native token, here VARA, for a set period and receive voting power. They vote on which pools get token emissions, and in return they typically earn a share of that pool's trading fees and any bribes projects offer for votes. Liquidity providers deposit pairs into those pools and earn emissions, which draws liquidity to the pools with the most votes.

The aim is to build deep liquidity for key pairs and keep swap costs low. The model relies on continued demand for the token and on active voters, so a quiet protocol can see rewards and liquidity decline.

6 features

Key features

01

Velodrome-based AMM

Equilibre is built on the Velodrome model, a well-known AMM design where liquidity and token emissions are coordinated through voting.

02

ve(3,3) tokenomics

The ve(3,3) design rewards users who lock the native token, giving them a say in which pools receive emissions.

03

Low-fee focus

The project states its aim is large liquidity and low swapping fees for traders on Kava.

04

Kava-native trading

Equilibre is built for the Kava chain, so it suits users already holding assets there.

05

VARA token

VARA is the protocol token, tied to voting and reward distribution in the ve(3,3) model.

06

Audits listed

The protocol is listed with three audits, though the reports are not named in the sources reviewed.

Pros and cons

What we like

  • Based on Velodrome, a widely used and understood AMM design
  • Listed with three audits
  • Stated focus on deep liquidity and low swapping fees
  • Native to Kava, which suits users already on that chain
  • Has its own token, VARA, that links governance to emissions

Watch out for

  • Reported 24-hour trading volume is tiny, which points to thin liquidity and possible slippage on larger trades
  • TVL and 7-day change are not available, so pool depth cannot be confirmed
  • Runs only on Kava, which has a smaller user base and fewer integrations than major chains
  • The ve(3,3) model depends on emissions and bribes, which can fade when token demand drops
  • The team, audit reports and fee schedule are not published in the sources reviewed
  • Name confusion with an unrelated AI trading site that uses a similar name raises phishing risk

Equilibre fees

Equilibre does not publish a fee schedule in the sources reviewed. The project says it is designed for low swapping fees, but no percentages are stated.

In Velodrome-style exchanges, swap fees are set per pool and paid to voters who back that pool. Users would also pay Kava network gas fees. Check the fee shown on the swap and pool pages before confirming a trade.

Is Equilibre safe?

The protocol is listed with three audits, but the auditors, dates and scope are not named in the sources reviewed. Audits reduce but do not remove smart-contract risk, and forks of established code can still carry integration or configuration bugs. Liquidity providers also face impermanent loss, and ve(3,3) lockups can tie up tokens.

Very low reported trading volume adds practical risk: thin pools mean wider slippage and exit difficulty. No incidents are mentioned in the sources reviewed, and the protocol does not publish regulatory status. A similarly named AI trading site shows up in searches, so verify the URL through the project's official social account before connecting a wallet.

6 steps

How to get started with Equilibre

  1. 1

    Confirm the official Equilibre site through the project's verified social account, since similarly named sites exist.

  2. 2

    Set up a Kava-compatible wallet and fund it with KAVA for gas.

  3. 3

    Bridge or buy the assets you want to trade on Kava.

  4. 4

    Connect your wallet to the exchange and review pool depth, volume and the fee on the pair you want.

  5. 5

    Start with a small swap to check price impact before committing larger amounts.

  6. 6

    If you provide liquidity or lock VARA, read how emissions, voting and lock periods work first.

Who Equilibre is for

Equilibre is for experienced DeFi users already on Kava who understand liquidity pools, lockups and emissions voting. It is less suitable for beginners or anyone needing deep liquidity for large trades.

Equilibre FAQs

What is Equilibre?

Equilibre is a decentralized exchange on the Kava chain. It is an automated market maker based on Velodrome, using the ve(3,3) design, and it aims to offer deep liquidity and low swapping fees.

Which blockchain does Equilibre run on?

Equilibre runs on Kava. It is listed as a single-chain protocol, and no other networks are named in the sources reviewed.

What is the VARA token used for?

VARA is the protocol's token. In ve(3,3) designs, users usually lock the governance token for voting power, which directs emissions to liquidity pools. Exact VARA tokenomics are not published in the sources reviewed.

Has Equilibre been audited?

The protocol is listed with three audits, but the auditors and reports are not named in the sources reviewed. Any audit lowers risk without removing it, and users should read the reports and confirm which contracts they cover.

What are Equilibre's fees?

No fee schedule is published in the sources reviewed. The project describes its goal as low swapping fees, and the actual rate per pool should appear in the swap or pool interface.

Is Equilibre still active?

Trading activity appears very low. One aggregator snippet reports 24-hour volume of roughly 0.0043 BTC, and TVL data is not available. Check live volume and pool depth before trading, and confirm you are on the genuine site, since a similarly named AI trading site exists.

Compare

Equilibre alternatives

All alternatives
Blueshift logoScore 6.8 out of 10

Blueshift is a portfolio-based decentralized exchange offering liquidity portfolios, ecosystem indexes and cross-chain swaps for DeFi users.

TVL $4.22M−3.1%BOB · Kava · Polygon +1
SushiSwap logoScore 7.4 out of 10

SushiSwap is a multichain decentralized exchange with a swap aggregator, perps, staking and liquidity pools for self-custody DeFi traders.

TVL $35.2M−1.3%Ethereum · Polygon · Arbitrum +32
SushiSwap V3 logoScore 7.0 out of 10

SushiSwap V3 is a Uniswap V3-style concentrated-liquidity DEX on 30+ chains, for traders and liquidity providers comfortable with self-custody.

TVL $39.2M+4.3%Ethereum · Katana · Robinhood Chain +27
Uniswap V3 logoScore 8.4 out of 10

Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.

TVL $1.51B−3.7%Ethereum · Base · Arbitrum +38
Uniswap V4 logoScore 8.5 out of 10

Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.

TVL $1.14B−2.9%Ethereum · Robinhood Chain · Base +19
Uniswap V2 logoScore 8.0 out of 10

Uniswap V2 is a non-custodial automated market maker DEX on 17 chains for token swaps and liquidity provision, with about $938M TVL.

TVL $864M−4.1%Ethereum · Base · Polygon +14

Same category

More DEXes

DEXes rankings

Curve

DEXes

Score 8.0 out of 10

Curve is a decentralized exchange on Ethereum built for low-slippage swaps of stablecoins and similar assets, with CRV governance and a crvUSD stablecoin.

Ethereum
Pancakeswap logoScore 8.0 out of 10

PancakeSwap is a BNB Smart Chain decentralized exchange with swaps, farming, staking and CAKE governance for self-custody DeFi users.

BNB Chain
PancakeSwap AMM V3 logoScore 7.8 out of 10

PancakeSwap AMM V3 is a multichain decentralized exchange using concentrated liquidity pools, for traders and liquidity providers, led by BNB Chain.

TVL $694M−2.5%BNB Chain · Ethereum · Base +8
Pancakeswap V2 logoScore 7.8 out of 10

PancakeSwap V2 is a constant-product AMM DEX mainly on BNB Chain for swapping tokens, providing liquidity and farming CAKE rewards.

BNB Chain · Base
THORChain DEX logoScore 7.7 out of 10

THORChain is a Layer 1 DEX for swapping native assets across blockchains without wrapped tokens or bridges, aimed at self-custody and no-KYC users.

TVL $62.1M−6.0%THORChain · Bitcoin · Ethereum +10
Raydium logo

Raydium

DEXes

Score 7.6 out of 10

Raydium is a decentralized exchange and automated market maker on Solana, built around fast, low-cost swaps and liquidity pools.

Solana

Same chain

More on Kava

Kava rankings
LayerZero V2 logoScore 8.0 out of 10

LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.

TVL $16.7B+8.9%Polygon · Ethereum · ApeChain +76
Team Finance logo

Team Finance

Token Locker

Score 7.8 out of 10

Team Finance is a non-custodial platform where token projects create tokens, lock liquidity and team tokens, set up vesting, run staking pools and airdrops.

TVL $56.6M−0.8%Ethereum · BNB Chain · Base +18
Gate logo

Gate

Centralized Exchanges

Score 7.7 out of 10

Gate is a centralized crypto exchange founded in 2013 offering spot, futures, stocks and earn products for traders who want one multi-asset account.

TVL $5.84B−4.6%Ethereum · Bitcoin · BNB Chain +129
Bitget logo

Bitget

Centralized Exchanges

Score 7.6 out of 10

Bitget is a centralized exchange for crypto spot and futures that also offers tokenized stocks, commodities and forex in one account, for active traders.

TVL $5.82B−1.3%Bitcoin · Solana · Ethereum +68
Stargate V2 logo

Stargate V2

Cross Chain Bridge

Score 7.6 out of 10

Stargate V2 is a LayerZero-powered cross-chain bridge for moving USDC, USDT, ETH, BTC and OFTs across many chains, aimed at DeFi users and liquidity providers.

TVL $79.5M+5.5%Ethereum · BNB Chain · Arbitrum +21
Rubic logo

Rubic

Dex Aggregator

Score 7.5 out of 10

Rubic is a DEX and bridge aggregator for swapping crypto across 70+ blockchains, aimed at users who need cross-chain routes, including on newer chains.

TVL $0BNB Chain · Kava

How we checked

Sources

  1. 1.defillama.com/protocol/equilibre
  2. 2.coinmarketcap.com/bg/exchanges/equilibre/
  3. 3.coincost.net/hr/exchange/equilibre

Last updated . Spotted an error? Tell us and we will correct it.