DEXes · Review

Active

Integral Review 2026: Range-Free Liquidity and OTC-Style Trading

Integral is a DEX on Arbitrum and Ethereum that uses an external oracle and a trade delay to offer range-free liquidity provision, plus an OTC-style product called SIZE. Its tracked TVL is now very small, so treat it as a niche, low-liquidity venue.

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

5.5/10

Mixed

Visit Integral

Our verdict on Integral

5.5/10

Integral suits experienced DeFi users curious about oracle-priced AMMs and range-free liquidity, or DAOs studying TWAP-style execution for large orders. Its main strength is a design that tries to cut arbitrage losses for LPs, backed by two listed audits and a bug bounty. The main caveat is size: TVL of roughly $6.7K means thin liquidity and limited proof of current demand. Check live pool depth and read the docs before committing funds.

Score breakdown

How Integral scores

Security: 6.0/10
Ease of use: 6.5/10
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 Integral?

Integral is a decentralized exchange listed on DefiLlama under the Dexs category, running on Arbitrum and Ethereum. Its pitch is that liquidity providers can earn trading fees without choosing price ranges: deposit, leave it, and earn.

The team's latest product is SIZE, an OTC-style exchange with built-in TWAP execution, aimed at DAOs and large traders who want to move size without price impact. The homepage also shows pools such as ETH-USDC, ETH-USDT and ETH-ARB.

The main caution is scale. DefiLlama shows TVL of about $6.7K, with a 3.5% change over seven days. The homepage references a past DefiLlama rank of 7 at its peak, so activity is well below its earlier level. Anyone considering it should check live liquidity first.

How Integral works

Integral is a DEX where trades are priced using an external oracle instead of only the pool's internal price curve. Orders are executed after a short delay. The team says this combination removes most front-running and cross-exchange arbitrage, which is the main source of impermanent loss for LPs on standard AMMs.

Liquidity providers deposit tokens into a pool and do not choose a price range. The pool charges a fee on each executed order and distributes most of it to LPs. Because the pool absorbs trade flow, the ratio of your two tokens can drift, for example from 50/50 to 70/30.

SIZE is a separate product described as an OTC-style exchange with built-in TWAP execution. TWAP spreads a large order over time to reduce price impact, and Integral says this lets DAOs and whales trade with zero price impact at any order size.

6 features

Key features

Range-free liquidity

Liquidity providers deposit tokens without picking price ranges, aiming to give concentrated-liquidity-style efficiency without active management.

Oracle-based pricing

Pool pricing uses an external oracle rather than only the pool's own balance, which the project says reduces front-running and cross-exchange arbitrage.

Trade delay mechanism

Orders are executed after a short delay, which the team says helps remove most arbitrage extraction from LPs.

SIZE OTC-style exchange

SIZE is an OTC-style decentralized exchange with built-in TWAP execution, aimed at DAOs and large traders who want to avoid price impact.

Dynamic pool ratios

Pools hold dynamic token ratios that shift with trade flow rather than staying fixed at 50/50.

Audits and bug bounty

The project lists two audits and an Immunefi bug bounty.

Pros and cons

What we like

Range-free liquidity removes the need to manage price ranges as an LP.
The oracle plus trade delay design is aimed at cutting arbitrage losses to LPs.
Two named audits (Optilistic and Akira) are listed, along with an Immunefi bug bounty.
SIZE targets a real use case: large orders from DAOs and whales using TWAP execution.
The homepage openly explains dynamic token ratios and how APR is calculated.

Watch out for

TVL is only about $6.7K on DefiLlama, so liquidity is very thin for anything but tiny trades.
Pricing relies on an external oracle, which adds oracle risk on top of smart-contract risk.
The trade delay mechanism means orders do not settle instantly, which may not suit every trader.
LP token ratios drift with trade flow, so a 50/50 deposit may not be withdrawable in the same proportion.
Homepage claims such as low or negative impermanent loss are the team's own figures and not independently verified here.
Fee levels are not stated in the material reviewed, so cost is hard to compare with other DEXs.

Integral fees

Integral says it charges a fee on each order executed in a pool and redistributes most of that fee to liquidity providers. The exact fee rate is not given in the material reviewed.

The homepage shows pool APR calculated as 24-hour fees divided by TVL, annualized and excluding token rewards. Users should check the pool pages and docs for current rates, and remember that network gas costs on Arbitrum or Ethereum apply separately.

Is Integral safe?

The homepage says the protocol has had two audits, by Optilistic and Akira, and runs an ongoing bug bounty through Immunefi. DefiLlama also lists two audits. No incidents are mentioned in the material reviewed, but the audit reports themselves were not part of it.

Risks remain: smart-contract bugs, dependence on an external oracle, and the usual risks of providing liquidity. Very low TVL also means thin liquidity and potentially wider effective costs on larger trades. DeFi positions are self-custodied and there is no deposit insurance. This is not financial advice.

6 steps

How to get started with Integral

1
Check the current TVL and volume figures on the Integral site and on DefiLlama to judge how deep the pools are.
2
Read the docs and the two audit reports before depositing.
3
Set up a self-custody wallet and fund it with ETH on Arbitrum or Ethereum for gas and the tokens you want to use.
4
Connect the wallet to the Integral app and pick a pool such as ETH-USDC, ETH-USDT or ETH-ARB.
5
Start with a small deposit and watch how the token ratio and fees evolve.
6
For large orders, look at the SIZE product and check that its liquidity fits your trade before committing.

Open Integral

Who Integral is for

Integral is for experienced DeFi users who want to understand or test an oracle-based AMM, LPs who dislike managing price ranges, and DAOs or large traders researching TWAP-style execution. It is a poor fit for anyone who needs deep liquidity today or who is new to DeFi.

Integral FAQs

What is Integral?

Integral is a decentralized exchange listed on Arbitrum and Ethereum. It lets users provide liquidity without choosing price ranges, and its SIZE product is an OTC-style exchange for large orders with built-in TWAP execution.

How do liquidity providers earn on Integral?

The homepage says Integral charges a fee on each order executed in a pool and passes most of it to liquidity providers. The pools are designed to reduce arbitrage losses through an external oracle and a trade delay.

Does Integral protect against impermanent loss?

Integral says its pools target mean-zero impermanent loss over the long term, and that impermanent loss has been negative on average since inception. These are the project's own claims, and fees and rewards are excluded from that figure.

Is Integral audited?

The homepage lists two audits, by Optilistic and Akira, and an ongoing bug bounty run with Immunefi. Audits reduce risk but do not remove it, so only commit funds you can afford to lose.

Why did my LP position change from 50/50 to 70/30?

Integral pools use dynamic token ratios. The mix in your position shifts with the direction of incoming trades, so a 50/50 deposit can become 70/30. You may choose to wait for a ratio you prefer before withdrawing.

Does Integral have a token?

DefiLlama lists a token called ITGR for Integral. The material reviewed does not describe its utility or distribution.

Compare

Integral alternatives

All alternatives

Uniswap V3

DEXes

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

DEXes

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

DEXes

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

PancakeSwap AMM V3

DEXes

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

Fluid DEX

DEXes

Fluid DEX is the trading layer of Instadapp's Fluid protocol, where LP positions can also serve as collateral on a shared liquidity layer.

TVL $216M−2.7%Ethereum · Arbitrum · Base +2

Angstrom

DEXes

Angstrom is a Uniswap V4 hook-based DEX on Ethereum, built by Sorella Labs, that uses batch auctions to return MEV to liquidity providers.

TVL $5.11M−3.7%Ethereum

Same category

More DEXes

DEXes rankings

Curve

DEXes

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