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Kyo Finance Review 2026: Soneium DEX with Vote-Escrow

Kyo Finance is a DEX and liquidity hub on the Soneium network with a vote-escrow token model. Its TVL is small and no audits are listed, so treat it as an early-stage, higher-risk venue.

Soneium

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

5.5/10

Mixed

Visit Kyo Finance

Our verdict on Kyo Finance

5.5/10

Kyo Finance suits DeFi users already active on Soneium who want a native DEX and are comfortable with vote-escrow token mechanics. Its main strength is a clear focus on one chain's liquidity. The main caveat is risk: no audits are listed, TVL is under $1 million, and key details like fees are not public. Start small and read the project's documentation first.

Score breakdown

How Kyo Finance scores

Security: 4.0/10
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 Kyo Finance?

Kyo Finance is a decentralized exchange and liquidity hub on Soneium, an Ethereum layer-2 network. DefiLlama describes it as the most innovative liquidity hub on Soneium, and the homepage highlights a vote-escrow system and a user-friendly experience.

DefiLlama has tracked the project since January 2025 and lists a native token, KYO. Its TVL is about $759,239, down 3.2% over seven days, which makes it a small protocol.

Its homepage provided is minimal, so details on fees, emissions, team and roadmap are not available here. This review is based on the listed data and the project's own descriptions.

How Kyo Finance works

A DEX lets users swap tokens directly from their wallets using smart contracts rather than an order book run by a company. Liquidity providers deposit token pairs into pools, and traders swap against those pools, with fees going to the providers.

Kyo Finance positions itself as a liquidity hub on Soneium and mentions vote-escrow. In a typical vote-escrow design, holders lock a governance token for a set time and receive voting power, which they use to direct rewards toward certain pools. The exact mechanics at Kyo are not detailed publicly, so check the project's documentation.

4 features

Key features

Soneium liquidity hub

The project calls itself a liquidity hub, meaning it aims to be a central place for swaps and liquidity on Soneium.

Vote-escrow model

The homepage mentions vote-escrow, a model where users lock a token to gain voting power over incentives or emissions.

KYO token

DefiLlama lists a native token, KYO, associated with the protocol.

Simple user experience

The homepage describes a user-friendly experience, though specific interface details are not published publicly.

Pros and cons

What we like

Focused on Soneium, giving that network a native liquidity venue.
Vote-escrow design aligns long-term token holders with liquidity incentives, according to the homepage.
Has its own token, KYO, tracked on DefiLlama.
Listed on DefiLlama since January 2025, so it has some operating history.
Self-custodial swaps through a wallet rather than a centralized account.

Watch out for

No audits are listed on DefiLlama, so smart-contract risk is unverified from the public information available.
TVL of about $759,000 is small, which can mean thin liquidity and higher slippage on larger trades.
Runs only on Soneium, a single chain, so activity depends on that network's growth.
TVL fell 3.2% over the past 7 days, and public sources show no longer-term trend.
Fees, emission schedules and team details are not published publicly reviewed.
Vote-escrow systems add lock-up and token-price risk for those who commit KYO.

Kyo Finance fees

Swap fees, liquidity provider fee tiers and any protocol fee share are not stated publicly reviewed. Users would normally see the fee for a pool on the swap or pool pages of the app before confirming.

On any DEX on Soneium, you also pay network gas fees in the chain's native currency, and small pools can add slippage.

Is Kyo Finance safe?

DefiLlama lists no audits for Kyo Finance. Without a published audit, smart-contract bugs remain a real risk for anyone depositing funds. No incidents or hacks are mentioned publicly, but that is not a guarantee of safety.

As a DEX, it is non-custodial, so you keep control of your assets until you deposit them into a pool or lock them. Liquidity providers face impermanent loss, and small pools are more exposed to price swings. Only use funds you can afford to lose.

6 steps

How to get started with Kyo Finance

1
Check that Soneium is supported by your wallet and add the network if needed.
2
Bridge or move a small amount of funds to Soneium.
3
Open the official Kyo Finance site and connect your wallet.
4
Review the pool's fee tier, liquidity depth and price impact before swapping.
5
Start with a small trade or deposit to confirm how the app behaves.
6
If you consider locking KYO, read how vote-escrow lock periods and rewards work first.

Open Kyo Finance

Who Kyo Finance is for

Kyo Finance is for DeFi users on Soneium who want to swap or provide liquidity and are comfortable with early-stage protocols. It is less suited to people who need audited contracts, deep liquidity or a long track record.

Kyo Finance FAQs

What is Kyo Finance?

Kyo Finance describes itself as a liquidity hub on Soneium. DefiLlama lists it in the DEX category, so users can expect token swaps and liquidity provision.

Which blockchain does Kyo Finance use?

Public sources show Soneium only. Soneium is an Ethereum layer-2 network, and users need a compatible wallet connected to it.

Does Kyo Finance have a token?

DefiLlama lists a token called KYO. The project does not detail its supply, emissions or exact utility, though the homepage mentions vote-escrow.

Has Kyo Finance been audited?

DefiLlama lists zero audits for Kyo Finance. That does not prove the code is unsafe, but it means no audit reports are confirmed publicly reviewed. Check the project's own documentation before depositing.

How much value is locked in Kyo Finance?

DefiLlama shows about $759,239 in TVL, down 3.2% over seven days. The figure is small compared with major DEXs and can change quickly.

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