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Firefly Review 2026: Small Modular DEX on Manta Pacific

Firefly is a small modular DEX on Manta Pacific that offers limit orders and single-sided liquidity. Its TVL is very low, so liquidity depth is the main concern.

Manta

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

5.5/10

Mixed

Visit firefly

Our verdict on firefly

5.5/10

Firefly suits Manta Pacific users who want limit orders and single-sided liquidity on a DEX and accept a small, thinly funded venue. Its feature set is appealing for a DEX of this size, and two audits are listed. The main caveat is liquidity: TVL of roughly $70,000 and a falling weekly trend mean larger trades may face slippage, and fees and audit details are not clear. Verify the documents and start small.

Score breakdown

How firefly scores

Security: 5.5/10
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 firefly?

Firefly is a decentralized exchange on Manta Pacific. DefiLlama describes it as bringing centralized-exchange features to a DEX with fast transactions, and the homepage calls it a premier modular DEX for Manta traders.

The headline features are limit orders, single-sided liquidity and 24/7 support. DefiLlama has tracked it since April 2024, lists two audits, and shows no native token.

Its scale is modest. TVL is about $70,240 and slipped 8.5% over the past week. Little independent information is available publicly, so this review rests on the project's own description and the listing data.

How firefly works

Firefly is a decentralized exchange, so trades happen against smart contracts rather than a company-run order book. Users connect a wallet, pick two assets and swap them, with prices set by the liquidity available on the platform.

The homepage says it supports limit orders, which let a trader set a price at which a trade should execute, and single-sided liquidity, which lets providers deposit just one asset. Liquidity providers earn a share of trading fees in return for the risk of having funds in a pool.

The project calls itself modular and runs on Manta Pacific, a network built for low-cost transactions. The project does not detail the exact architecture, so readers should check the project's documentation.

5 features

Key features

Limit orders

Users can set a target price for a trade instead of swapping at the current market rate, a feature usually associated with centralized exchanges.

Single-sided liquidity

Liquidity providers can deposit one asset rather than a balanced pair, which lowers the barrier to providing liquidity.

Modular design on Manta

The project describes itself as a modular DEX built for the Manta trader, with fast transactions on Manta Pacific.

24/7 support

The homepage advertises round-the-clock support for users.

Audits listed

DefiLlama lists two audits for the project, though the details are not public.

Pros and cons

What we like

Limit orders bring a centralized-exchange feature to an on-chain venue
Single-sided liquidity makes it easier to provide liquidity with one asset
Two audits are listed on DefiLlama
Built on Manta Pacific, which is aimed at low-cost transactions
Has been listed since April 2024, so it is not brand new
Advertises 24/7 support

Watch out for

Very low TVL (about $70,240), which usually means thin liquidity and higher slippage on larger trades
TVL fell 8.5% over the last 7 days
Runs only on Manta Pacific, so it is not useful for users on other networks
No native token or public fee schedule, so costs are hard to compare
Audit details are not published publicly beyond a count of two listed audits
Little independent information beyond the project's own homepage and a short listing description

firefly fees

Fees are not published. There is no token, so no token-based fee discounts or incentives are indicated.

Users would see swap fees, any liquidity provider fees and network gas costs in the trading interface before confirming a transaction. Check these figures for your own trade size, since low liquidity can add price impact on top of stated fees.

Is firefly safe?

DefiLlama lists two audits for Firefly, but the project does not say who performed them or what they found. An audit lowers risk but does not remove it, and smart-contract bugs, oracle issues and liquidity-provider losses remain possible. No incidents are mentioned publicly.

As a DEX, it is non-custodial: you keep your assets in your wallet until you trade or deposit. The main risks are contract risk, low liquidity and the dependence on the Manta Pacific network.

6 steps

How to get started with firefly

1
Check the official website and confirm you are on the right domain.
2
Set up a wallet that supports Manta Pacific and add the network if needed.
3
Bridge or acquire a small amount of ETH for gas and the assets you plan to trade.
4
Connect your wallet to the exchange and review the swap fee and price impact before any trade.
5
Start with a small test-size trade, or place a limit order at your target price.
6
Read the audit documentation before adding liquidity.

Open firefly

Who firefly is for

Firefly is for Manta Pacific users who want limit orders or single-sided liquidity and are comfortable with small, low-liquidity venues. It is less suited to large traders or anyone who needs deep markets or multi-chain access.

firefly FAQs

What is Firefly DEX?

Firefly is a decentralized exchange on Manta Pacific. Its homepage describes it as a modular DEX with limit orders, single-sided liquidity and 24/7 support.

Which blockchain does Firefly run on?

Public sources list Manta as its only chain. The homepage refers specifically to Manta Pacific.

Does Firefly have a token?

No. DefiLlama lists no token for Firefly, and none is named in its homepage provided.

Is Firefly audited?

DefiLlama lists two audits, but the project does not name the auditors or share the reports. Check the project's documentation for the reports before depositing funds.

What are Firefly's fees?

Fee levels are not published publicly. Users would see swap fees and any pool fees in the trading interface before confirming a trade.

How much liquidity does Firefly have?

TVL was about $70,240 at the time of the data, and it fell 8.5% over seven days. That is small for a DEX, so large trades may face noticeable price impact.

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