DEXes · Review
ActiveKittenswap CL Review 2026: HyperEVM ve(3,3) DEX
Kittenswap CL is the concentrated-liquidity DEX from Kittenswap, a ve(3,3) exchange on HyperEVM. It offers fee and emissions rewards, but TVL is modest and the project has been moving to a new codebase.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.8/10
Mixed
Our verdict on Kittenswap CL
5.8/10Kittenswap CL suits DeFi users already on HyperEVM who understand ve(3,3) mechanics and want to provide concentrated liquidity or vote for fees and bribes. Its main strength is the clear weekly flywheel linking liquidity, votes and rewards. The main caveat is risk: TVL is modest, headline APRs are very high on thin pools, the audit claim has no named auditor, and a codebase transition with paused emissions has been reported. Check the current app status first.
Score breakdown
How Kittenswap CL scores
- Security
- 5.0/10
- Ease of use
- 6.5/10
- Fees
- 5.5/10
- 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 Kittenswap CL?
Kittenswap CL is the concentrated-liquidity part of Kittenswap, a community-owned decentralized exchange on HyperEVM, the EVM layer of Hyperliquid. DefiLlama lists it as a DEX with about $735,000 in TVL and a KITTEN token. It has been listed since April 2025.
The homepage describes Kittenswap as a ve(3,3) liquidity hub on HyperEVM and Robinhood. Users can swap, provide liquidity and vote on emissions. It shows around 286 liquidity pools, with HYPE paired with USDC, USD₮0 and KITTEN among the top pools.
Public reporting also point to a transition to a new DEX codebase, with emissions paused on the legacy dashboard until it completes. Readers should confirm the current state of the app before depositing.
How Kittenswap CL works
Kittenswap uses the ve(3,3) design, popularised by Solidly-style exchanges. Liquidity providers deposit token pairs into pools and earn trading fees and KITTEN emissions. Concentrated-liquidity pools let providers choose a price range, which makes capital more efficient but needs more active management.
Holders can lock KITTEN to receive veKITTEN. That gives voting power over where weekly emissions go. Voters earn the fees and bribes from the pools they back, so projects that want liquidity can pay bribes to attract votes.
The cycle repeats each weekly epoch. Emissions attract liquidity, liquidity supports trading, and trading fees reward voters. The model depends on continued trading volume and demand for the KITTEN token.
6 features
Key features
01
Concentrated liquidity positions
Liquidity providers pick a token pair, fee tier and price range for a position, which concentrates capital where trading happens.
02
ve(3,3) governance
Locking KITTEN mints veKITTEN, which gives voting power over which pools receive weekly token emissions.
03
Fees and bribes to voters
Voters collect 100% of trading fees and bribes from the pools they vote for, according to the project.
04
Weekly epochs
Emissions and votes run on weekly epochs, so rewards and incentives are reset each week.
05
Kitten Academy
A rewards program that sends veKITTEN and HYPE rewards to lockers each epoch.
06
Many pools
The homepage shows hundreds of pools, with HYPE and stablecoin pairs among the largest by TVL.
Pros and cons
What we like
- Concentrated liquidity lets providers choose fee tiers and ranges for better capital efficiency.
- The ve(3,3) design gives voters 100% of fees and bribes from the pools they back, according to the project.
- Hundreds of pools are listed, covering HYPE and stablecoin pairs.
- The weekly epoch structure makes incentives easy to follow.
- The homepage states that core contracts are audited and code is verifiable on-chain.
Watch out for
- The TVL listed on DefiLlama for this concentrated-liquidity deployment is small, around $735,000, so liquidity depth is limited for larger trades.
- Advertised pool APRs run into the thousands of percent, which usually reflects emissions on thin liquidity and can fall sharply.
- Public reporting references a transition to a new DEX codebase and paused emissions on the legacy dashboard, which adds migration and execution risk.
- The homepage says core contracts are audited, but no audit firm or report is named, and DefiLlama lists no audits.
- Ve(3,3) rewards depend on token emissions and bribes, which can be inflationary and favour large lockers.
- The KITTEN token has a small market valuation and low volume, so it can be volatile and hard to exit.
Kittenswap CL fees
Swap fees depend on the pool and fee tier chosen when creating or joining a concentrated-liquidity position. The project does not publish a single fee schedule, so check the fee tier shown in the app before trading or adding liquidity.
The homepage shows 24h fees of about $810 against $1.2M in volume across the whole Kittenswap app. Under the ve(3,3) model, fees go to voters or liquidity providers rather than to a separate treasury, according to the project. Network gas on HyperEVM applies to every transaction.
Is Kittenswap CL safe?
The homepage states that core contracts are audited and built on the ve(3,3) architecture, but it does not name the auditor or link a report. DefiLlama lists no audits for this deployment. Treat the audit claim as unverified until you see a published report.
Like any DEX, using it means interacting with smart contracts directly. Liquidity providers face impermanent loss, and concentrated positions can stop earning when the price leaves the range. The reported move to a new codebase adds migration risk. The team behind the project is not named. Only deposit what you can afford to lose.
6 steps
How to get started with Kittenswap CL
- 1
Check that you are using the official Kittenswap site and read the docs, including the notice about the new DEX codebase.
- 2
Connect a wallet that supports HyperEVM and fund it with HYPE for gas plus the tokens you want to trade.
- 3
Swap tokens from the Swap page, checking the price impact on thin pools.
- 4
To provide liquidity, open the concentrated-liquidity page, pick a pair, fee tier and range, and approve the deposit.
- 5
Optionally lock KITTEN for veKITTEN and vote on pools each epoch to earn fees and bribes.
- 6
Monitor positions regularly, since concentrated ranges can go out of range and incentives can change.
Who Kittenswap CL is for
Kittenswap CL is for experienced DeFi users on HyperEVM who are comfortable managing liquidity ranges, locking tokens and voting each epoch. It is less suited to beginners who want a simple swap venue with deep liquidity and a long track record.
Kittenswap CL FAQs
What is Kittenswap CL?
Kittenswap is a decentralized exchange built on the ve(3,3) model. The homepage describes it as a liquidity hub on HyperEVM and Robinhood, where swaps, liquidity provision and governance voting are linked. The CL listing refers to its concentrated-liquidity pools.
Which chains does Kittenswap support?
DefiLlama lists Kittenswap CL on Hyperliquid (HyperEVM). The homepage also says the main Kittenswap app supports a Robinhood network, which the CL listing does not show.
What is veKITTEN?
Lockers receive veKITTEN by locking KITTEN. The project says veKITTEN holders vote on which pools get emissions and earn the fees and bribes from the pools they vote for, plus a share of weekly emissions.
How do I earn on Kittenswap?
Users can provide liquidity to earn swap fees and KITTEN emissions, or lock KITTEN to vote and collect fees and bribes. Rewards vary by pool and epoch, and displayed APRs can change quickly.
Is Kittenswap audited?
The homepage says core contracts are audited and built on the ve(3,3) architecture. It does not name the auditor or link a report in the text available, and DefiLlama lists no audits, so check the docs before depositing.
Are emissions still running?
Public reporting shows a dashboard notice that Kittenswap will transition to a new DEX codebase, with emissions paused until the transition finishes. Check the current app and official channels for the latest state before providing liquidity.
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How we checked
Sources
- 1.defillama.com/protocol/kittenswap-cl
- 2.github.com/DefiLlama/dimension-adapters/blob/master/dexs/kittenswap
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