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Increment Review 2026: All-in-One DeFi on Flow

Increment Finance is a DeFi platform on the Flow blockchain that bundles a token swap, a lending market, a price oracle, farms and liquid staking. It suits Flow users who want several services in one place, but audit and fee details need checking in its docs.

Flow

By the DappsAtlas editorial team · Updated Nov 5, 2026

DappsAtlas score

6.8/10

Good

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Our verdict on Increment

6.8/10

Increment suits Flow users who want a swap, lending market, farms and liquid staking in one place. Its main strength is breadth: the protocols are integrated and the docs are organised by product, with a security audits section. The main caveat is what the overview leaves out. Fees, rates, team details and audit findings are not summarised there, and everything is tied to Flow's smaller DeFi market. Check the audit reports and the live rates in the app before depositing, and start small.

Score breakdown

How Increment scores

Security: n/a
Ease of use: 7.0/10
Fees: n/a
Features: 7.5/10

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 Increment?

Increment Finance describes itself as an all-in-one DeFi platform on Flow. It lets users trade and swap tokens, lend and borrow, take part in liquid staking, and build their own liquidity and yield strategies from one place.

The documentation lists several protocols: a decentralized exchange, a decentralized money market, a decentralized price feed (oracle), liquidity mining farms, liquid staking and a points program. Together they cover most of what a Flow user needs from DeFi without leaving the ecosystem.

The documentation overview was last updated about a year ago, while the points program is flagged as live. The project does not publish team names, fee tables or audit summaries on the overview page, so readers should check the dedicated documentation sections for those details.

How Increment works

Increment is a set of connected DeFi protocols on Flow. The exchange uses liquidity pools: users deposit pairs of tokens, and traders swap against those pools at prices set by a formula. The swap supports multi-hop routing, so a trade can pass through several pools to end with the largest amount of the output token.

The money market lets users supply tokens so others can borrow them. Supplied funds can serve as collateral to borrow other fungible tokens. Prices come from a decentralized oracle, which the platform runs for Flow. If collateral value drops too far against the debt, positions can be liquidated.

Farms let liquidity providers stake their pool tokens for extra rewards. Liquid staking lets holders stake Flow and receive a tradable token in return, which can then be used in other DeFi products. A points program adds a rewards layer on top of platform activity.

7 features

Key features

Decentralized exchange

A swap built on a constant product market maker. It supports multi-hop routing so trades can pass through several pools for the best output.

Money market

Users can supply tokens to earn interest and use supplied funds as collateral to borrow other fungible tokens.

Price oracle

A decentralized price feed publishes token prices on Flow, with oracle states shown publicly. It supports the lending market and other apps.

Liquidity mining farms

Liquidity providers can stake their pool tokens in farms to earn extra rewards, including a token farm option.

Liquid staking

Users can stake Flow and receive a liquid staked token that can be used elsewhere in DeFi while still earning staking rewards.

Points and referrals

A points program is live, with leaderboards for top points and top referrals.

Docs and tutorials

The docs include tutorials, metrics, brand assets and a security audits section for users who want to research before depositing.

Pros and cons

What we like

Covers swapping, lending, borrowing, farming and liquid staking in one Flow-native platform
The swap supports multi-hop routing aimed at the best output on each trade
Runs its own price oracle for Flow, with oracle states shown publicly
Documentation is organised by protocol and includes tutorials, metrics and a security audits section
A points program and referral leaderboards give users added incentives to participate

Watch out for

Limited to the Flow ecosystem, so liquidity and token choice are narrower than on larger chains
Fee levels, interest rate models and liquidation parameters are not stated on the overview page
The team is not named in the overview and no ownership details are published there
The documentation overview was last updated about a year ago, so some details may lag the live app
Smart-contract risk applies to the DEX, lending market, farms and liquid staking, and the overview does not summarise audit results
The points program may attract farming activity that does not reflect lasting use

Increment fees

Increment's overview page does not publish a fee schedule. Swap fees, lending interest rates, farm reward rates and liquid staking fees are not listed there, so check the relevant app screens and documentation pages before you transact.

On any Flow DeFi app you should expect network transaction costs plus protocol-level charges, such as swap fees paid to liquidity providers and interest spreads on loans. Where those figures appear in the app, confirm them before approving a transaction.

Is Increment safe?

The documentation includes a security audits section, but the overview does not state which firms audited the code, when, or what was found. Read those reports directly. Audits reduce risk but do not remove it.

The platform is non-custodial in the usual DeFi sense: you connect your own wallet and interact with smart contracts. That means you carry smart-contract, oracle and liquidation risk, and no support desk can reverse a mistaken transaction. Lending positions can be liquidated if collateral falls in value, and liquidity providers face impermanent loss. Regulatory status and team identity are not published on the overview page. Only commit funds you can afford to lose.

6 steps

How to get started with Increment

1
Read the documentation overview and the section on the product you plan to use, such as the DEX, money market or liquid staking.
2
Review the security audits page in the docs and decide whether you are comfortable with the stated risks.
3
Set up a Flow-compatible wallet and fund it with Flow or another supported Flow token.
4
Connect the wallet to the Increment app and start with a small swap to see the quoted route, price impact and fees.
5
If you want to lend, borrow or farm, check collateral rules, liquidation thresholds and reward details first.
6
Keep track of positions and points, and withdraw or repay as your risk tolerance requires.

Open Increment

Who Increment is for

Increment is for people who already use or plan to use the Flow blockchain and want to swap, earn yield, borrow or stake Flow through a single platform. It also suits users who follow points programs and are comfortable reading documentation and audit reports before committing funds.

Increment FAQs

What is Increment Finance?

Increment Finance is a decentralized finance platform built on the Flow blockchain. It lets users swap tokens, lend and borrow, stake Flow in a liquid form and join liquidity farms. It also runs a price oracle and a points program.

Which blockchain does Increment use?

Increment runs on Flow. Its documentation describes it as an all-in-one DeFi platform on that chain, and no other networks are listed.

How does swapping work on Increment?

The swap uses a constant product style exchange and supports multi-hop routing. If no direct pool exists, or a longer route gives a better price, the router chains pools together to give you the largest output it can find.

Can I borrow on Increment?

Yes. Supplied funds can act as collateral to borrow other fungible tokens on the money market. As with any collateralised loan, you risk liquidation if the value of your collateral falls too far relative to your debt.

Does Increment have a points program?

The documentation says the points program is now live. How points are earned and what they may be worth is not set out in the overview, so read the Points section of the docs before taking part.

Is Increment safe to use?

No DeFi protocol is risk-free. The docs include a security audits section, but the overview does not summarise its findings. Review the audit reports yourself, start with small amounts and understand liquidation and impermanent loss before committing funds.

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