DEXes · Review
ActivePepu V3 Review 2026: A Concentrated-Liquidity DEX on Pepu Chain
Pepu V3 is a concentrated liquidity DEX built for the Pepe Unchained Layer 2. It is small and new, with no listed audits, so it suits experienced users who accept meme-chain risk.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.0/10
Mixed
Our verdict on Pepu V3
5.0/10Pepu V3 is a concentrated liquidity DEX for the Pepe Unchained Layer 2 and the natural place to swap PEPU and other tokens on that chain. Its main strength is a familiar, capital-efficient pool design inside a growing meme ecosystem. The main caveat is size and trust: TVL is around $65,540, no audits are listed, and fees are not published. It suits experienced DeFi users and meme-coin traders who can manage liquidity range risk and accept high volatility.
Score breakdown
How Pepu V3 scores
- Security
- 3.5/10
- Ease of use
- 6.0/10
- Fees
- n/a
- Features
- 5.5/10
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 Pepu V3?
Pepu V3 is a decentralised exchange on Pepu Chain, the Layer 2 network behind the Pepe Unchained meme-coin project. It is described as a concentrated liquidity market maker, the design popularised by Uniswap V3.
The Pepe Unchained homepage promotes a bridge, staking, a native DEX and a launchpad called Pump Pad. Third-party sources describe PEPU as an ERC-20 token on Ethereum that is also the network's native currency, and one source reports a presale that raised about $74 million.
The protocol was listed in January 2026 and holds about $65,540 in total value locked, with a small negative move over the past week. That is a very small pool of liquidity. No audits are listed for Pepu V3, and fee tiers and team details are not published on the pages reviewed.
How Pepu V3 works
Pepu V3 is an automated market maker. Instead of an order book, trades happen against pools of tokens that liquidity providers deposit. Prices move along a formula as the pool balance shifts.
A concentrated liquidity design, as in Uniswap V3, lets providers place capital only within a chosen price range. Inside that range their liquidity is deeper, so they can earn more fees per dollar. Outside the range, the position stops earning and is held entirely in one asset.
The DEX runs on Pepu Chain, a Layer 2 network. Users bridge assets in, pay gas in PEPU, and swap against pools there. Specific contract details, fee tiers and routing are not published on the pages reviewed.
6 features
Key features
01
Concentrated liquidity pools
Liquidity providers choose a price range for their capital instead of spreading it across all prices. This can make liquidity more efficient inside the range.
02
Native Layer 2 swaps
The DEX is described as customised for the Pepe Unchained Layer 2, so swaps settle on that network rather than on Ethereum mainnet.
03
PEPU token integration
PEPU is the network's native currency and the main token for swapping, gas and ecosystem activity.
04
Bridge and staking access
The homepage links to a bridge and staking area for moving assets onto Pepe Unchained and putting them to work.
05
Meme-coin launch ecosystem
The wider ecosystem includes a launchpad called Pump Pad for meme coins, which can feed new tokens into DEX pools.
06
Multi-language site
The homepage is offered in more than twenty languages, from English and Spanish to Japanese and Turkish.
Pros and cons
What we like
- Concentrated liquidity design allows capital-efficient pricing for liquidity providers.
- Built natively for the Pepu Chain, so it is the obvious venue for swapping PEPU and ecosystem tokens.
- Part of a wider ecosystem with a bridge, staking and a meme-coin launchpad.
- Homepage supports many languages and links to developer docs.
- PEPU is a widely tracked token with listings on common price trackers.
Watch out for
- TVL is only about $65,540, so liquidity is thin and larger trades may see heavy slippage.
- No audits are listed for the protocol, and the project does not publish audit reports for this DEX.
- Pepu Chain is a niche meme-focused network with limited tooling, wallet support and bridge routes compared with major chains.
- Concentrated liquidity positions can go out of range and suffer impermanent loss, which suits experienced users better than beginners.
- Fee tiers, team details and governance are not published on the pages reviewed.
- Value is tied to the PEPU token and meme-coin activity, which is volatile and speculative.
Pepu V3 fees
Pepu V3's fee tiers are not published on the pages reviewed. As a concentrated liquidity DEX, it would normally charge a percentage fee per swap that goes to liquidity providers, with the tier set per pool.
Users would see the pool fee, price impact and gas cost in the swap or liquidity screen before signing. Gas on Pepu Chain is paid in PEPU, and the project describes the network as built for low fees, though no figures are given.
Is Pepu V3 safe?
No audits are listed for Pepu V3. The Pepe Unchained homepage links to a trust and safety audit page, but readers should check what it covers and whether it includes the DEX contracts. Smart-contract risk, bridge risk and the possibility of liquidity being pulled are all relevant for a young protocol with small TVL.
Pepu Chain is a Layer 2 run by the Pepe Unchained project, so users also depend on its sequencer, bridge and governance. The project does not publish licensing or regulatory details on the pages reviewed. Meme-coin ecosystems are speculative, and token prices can fall sharply, so use only funds you can afford to lose.
6 steps
How to get started with Pepu V3
- 1
Read the trust and safety audit page and the developer docs linked from the official site.
- 2
Set up an EVM-compatible wallet and add the Pepu Chain network using the details in the official docs.
- 3
Use the official bridge to move a small test amount of assets to Pepu Chain, and confirm the URL carefully to avoid fake sites.
- 4
Open the DEX from the official site and check the pool's liquidity, fee tier and price impact before swapping.
- 5
If you provide liquidity, pick a price range deliberately and note that positions can fall out of range.
- 6
Monitor positions and withdraw when your plan or risk tolerance changes.
Who Pepu V3 is for
Pepu V3 suits experienced DeFi users who already trade meme coins on the Pepe Unchained network and understand concentrated liquidity ranges. It is less suitable for beginners, anyone who needs audited contracts, or traders who need deep liquidity for large swaps.
Pepu V3 FAQs
What is Pepu V3?
Pepu V3 is a concentrated liquidity market maker (CLMM) decentralised exchange on Pepu Chain, the Layer 2 network behind Pepe Unchained. It lets users swap tokens and provide liquidity within chosen price ranges.
Which blockchain does Pepu V3 run on?
Pepu V3 runs on Pepu Chain, a Layer 2 built for the Pepe Unchained meme-coin ecosystem. Third-party sources describe PEPU as an ERC-20 token on Ethereum that is also the native currency of this network.
How do I get funds onto Pepu Chain?
The homepage lists a bridge and a staking section for moving assets to Pepe Unchained. Check the bridge page for supported assets and routes before sending funds, since the project does not publish details on the pages reviewed.
What are the fees on Pepu V3?
Fees are not published on the pages reviewed. Users would see the pool fee tier and expected price impact in the swap or liquidity interface before confirming a transaction, plus network gas paid in PEPU.
Has Pepu V3 been audited?
No audits are listed for Pepu V3. The homepage links to a trust and safety audit page, but the details are not available here, so read it and treat the protocol as unaudited until you confirm otherwise.
Is Pepu V3 safe to use?
The protocol is small, with roughly $65,540 in total value locked and a listing date of January 2026. It carries smart-contract, liquidity, bridge and token-price risk, so only use funds you can afford to lose.
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.