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GarudaDefi Review 2026: Terra Classic AMM and Farms

GarudaDefi is a small automated market maker on Terra Classic that bundles swaps, farms, staking and a token factory. It is a niche, low-liquidity venue with no listed audits.

Terra

By the DappsAtlas editorial team · Updated Nov 5, 2026

DappsAtlas score

5.0/10

Mixed

Visit GarudaDefi

Our verdict on GarudaDefi

5.0/10

GarudaDefi suits experienced Terra Classic users who want a venue for CW-20 tokens, farms and staking, and who are comfortable with small-cap risk. Its main strength is a broad toolset, including permissionless pools and a token factory, in one interface. The main caveat is safety: TVL is under $100,000, no audits are listed, and the team and fees are not published. Treat it as a high-risk, small-stakes venue and verify everything on-chain first.

Score breakdown

How GarudaDefi scores

Security: 3.5/10
Ease of use: 6.0/10
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 GarudaDefi?

GarudaDefi, also branded Garuda Dex, is an automated market maker on the Terra Classic blockchain. It combines token swaps with permissionless pool creation, a token factory, staking options and farms. The homepage describes the aim as letting users create, swap and earn in one place.

Beyond the core exchange, the site's menu lists a launchpad, P2P trading, airdrops, a leaderboard, governance and a DO bridge. A GSOL private sale is promoted on the homepage, and mobile apps for iOS and Android are marked as coming soon. The project's token is GRDX.

The protocol was listed on a TVL tracker in June 2025 and holds roughly $80,000 in value, down about 11% over the past week. That puts it among the smaller DEXes tracked. The team, fee structure and audit history are not published on the pages reviewed.

How GarudaDefi works

GarudaDefi is an automated market maker. Instead of an order book, trades happen against liquidity pools, where users deposit pairs of tokens. A formula sets the price based on the pool's balance, and traders pay a fee that goes to liquidity providers.

The protocol is built for Terra Classic and its CW-20 token standard. Pool creation is permissionless, so projects can list their own tokens, and a token factory lets users create new ones. Liquidity providers can stake their pool tokens in farms to earn extra rewards, and the site also lists plain token staking, cross staking, hybrid staking and NFT staking.

The native token GRDX is used within the ecosystem, and the homepage shows counters for total supply and burned tokens. The exact reward emissions, burn rules and governance mechanics are not described on the pages reviewed.

6 features

Key features

AMM token swaps

Trade tokens on Terra Classic through an AMM swap interface, with a market page listing available pairs.

Permissionless pools

Anyone can create liquidity pools without needing approval, which suits new CW-20 tokens.

Token Factory

A tool for launching factory tokens on the chain, listed in the site's menu.

Farms and staking

Farms, CW-20 staking, cross staking, hybrid staking and NFT staking are listed as ways to earn yield.

Launchpad

The menu lists a launchpad, and the homepage promotes a GSOL private sale.

P2P, airdrops and extras

Menu items include a P2P section, airdrops, a leaderboard and a DO bridge, plus governance and Dex Shares.

Pros and cons

What we like

Wide feature set for a small DEX: swaps, farms, several staking types, launchpad and token factory
Permissionless pool creation helps new Terra Classic tokens get a market
Focus on the CW-20 ecosystem fills a niche that larger DEXes may ignore
Active public presence with a social account promoting CW-20 staking tools
Mobile apps are planned, which may make access easier later

Watch out for

TVL is only about $80,000, which means thin liquidity and likely high slippage on larger trades
No audits are listed, and the homepage's "Audited by" section names no auditor
Built on Terra Classic, a chain with a history of ecosystem collapse and a small user base
The homepage shows zero volume, TVL and supply figures, so live activity is hard to confirm
Team, fee schedule and token distribution are not published on the pages reviewed
Permissionless token and pool creation lets scam or low-quality tokens appear alongside legitimate ones

GarudaDefi fees

Swap fees, farm reward rates and token-creation costs are not published on the pages reviewed. Users would see the exact fee on the swap screen before confirming a trade, and pool details on the farm pages.

On any AMM, expect a swap fee paid to liquidity providers plus slippage that rises sharply in pools as small as these. Network gas on Terra Classic is paid on top.

Is GarudaDefi safe?

No audits are listed for GarudaDefi in the tracked data, and the homepage "Audited by" section names no auditor. As a non-custodial DEX, users keep their tokens in their own wallets, but funds put into pools, farms or staking contracts are exposed to smart-contract bugs and admin-key risks that the site does not describe.

Terra Classic is a smaller, higher-risk ecosystem following the 2022 Terra collapse. Low liquidity raises slippage and makes pools easier to manipulate. Permissionless listings mean some tokens may be scams, so verify contract addresses. The legal and privacy pages exist, but the team behind the project is not named in the pages reviewed. Nothing here is financial advice.

6 steps

How to get started with GarudaDefi

1
Install a wallet that supports Terra Classic and fund it with LUNC for gas and trading.
2
Open the GarudaDefi site and use the Connect button to link your wallet.
3
Check the Market page for the pair you want and look at its liquidity before trading.
4
Use the Swap page, review the slippage and fee estimate, then confirm in your wallet.
5
If you want yield, look at the Farms or Staking pages and read the pool terms first.
6
Start with a small amount and verify the token contract address before interacting with any new token.

Open GarudaDefi

Who GarudaDefi is for

GarudaDefi is for Terra Classic and LUNC users who want to trade or farm CW-20 tokens, and for token creators who need a permissionless pool and a token factory. It is not suited to people who want deep liquidity, audited contracts or a well-documented team.

GarudaDefi FAQs

What is GarudaDefi?

GarudaDefi is an automated market maker on the Terra Classic blockchain. It supports permissionless pool creation, factory tokens, staking and yield farms, and its native token is GRDX.

Which blockchain does GarudaDefi use?

It runs on Terra Classic, the chain commonly associated with LUNC. Users connect a compatible wallet to trade and use the protocol.

Has GarudaDefi been audited?

No audits are listed in the tracked data, and the homepage's audit section names no auditor. Treat the smart contracts as unaudited unless you can verify a report yourself.

What is the GRDX token?

The protocol lists a token called GRDX, which appears on the homepage in supply and burn counters. The site does not publish detailed tokenomics on the pages reviewed.

How much liquidity does GarudaDefi have?

Tracked TVL is roughly $80,000, which is small. Any use carries smart-contract, liquidity and chain-level risk, so only commit funds you can afford to lose.

Can I create my own token or pool?

The homepage advertises a Token Factory for creating CW-20 tokens and the protocol description mentions permissionless pool creation. Specific steps and costs are not published in the pages reviewed, so check the app itself.

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