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Phlox Review 2026: A New Uniswap V3-Style DEX on LUKSO

Phlox is a LUKSO-focused DEX with a Uniswap V3-style design for swapping tokens and managing liquidity. It is new, unaudited per DefiLlama, and has no published TVL.

LUKSO

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

—/10

Not rated

Visit Phlox

Our verdict on Phlox

Phlox suits LUKSO users who want a native DEX for swaps and concentrated-style liquidity, along with token and pool analytics. Its main strength is its focus on a single ecosystem with a familiar V3-style design. The main caveat is risk: it is new, has no listed audits and no published TVL, so liquidity and security are unproven. Start small and check the fees and pool depth first.

Score breakdown

How Phlox scores

Security: 4.0/10
Ease of use: n/a
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 Phlox?

Phlox is a DeFi app focused on the LUKSO ecosystem. DefiLlama describes it as having a Uniswap V3-style DEX, and the homepage says users can swap tokens, add or remove liquidity, and explore token and pool analytics.

It was listed on DefiLlama on 30 April 2026, and the data shows no TVL, no token and no audits. That makes it an early-stage project with little public track record. The team and other details are not stated publicly we have.

For LUKSO users it offers a native place to trade and provide liquidity, but the lack of audits and liquidity data means caution is warranted.

How Phlox works

Phlox is a decentralized exchange. Instead of an order book, trades run against liquidity pools, which are smart contracts holding pairs of tokens. A swap changes the balance in the pool and the price moves accordingly.

Public sources describe a Uniswap V3-style design. In that model, liquidity providers can concentrate their funds in chosen price ranges and choose among fee tiers. This can earn more fees per dollar deposited, but positions can stop earning when price leaves the range and can suffer impermanent loss.

Phlox also presents analytics for tokens and pools, which helps users judge activity before trading or providing liquidity.

4 features

Key features

Token swaps

Users can swap tokens on LUKSO through the DEX interface.

Liquidity management

Liquidity can be added or removed, in line with a Uniswap V3-style pool design.

Pool and token analytics

The homepage mentions token and pool analytics across the LUKSO ecosystem.

LUKSO focus

The app is built around LUKSO markets rather than being a multi-chain product.

Pros and cons

What we like

Focused on LUKSO, giving the ecosystem a dedicated DEX
Uniswap V3-style design familiar to experienced DeFi users
Combines swaps, liquidity management and analytics in one app
Does not require a project token to use, as none is listed

Watch out for

No TVL figure is published on DefiLlama yet, so liquidity depth is unknown
No audits are listed, which raises smart-contract risk
Only supports the LUKSO ecosystem, which is smaller than major DeFi chains
Listed since late April 2026, so there is little track record
Fee tiers, team details and governance are not stated

Phlox fees

Phlox's fees are not published publicly available. A Uniswap V3-style DEX typically charges a swap fee set by the pool's fee tier, paid to liquidity providers, plus network gas on LUKSO.

Users should check the fee tier on each pool and the quoted price impact in the app before confirming a swap or adding liquidity. Any protocol fee is not stated here.

Is Phlox safe?

DefiLlama lists no audits for Phlox. Swapping on a DEX is non-custodial, so users keep their own keys, but smart-contract bugs could still put funds in pools at risk. No incidents are mentioned publicly, though the project is very new.

Nothing describes a regulatory status or team identity. Approve only the amounts you need, use a wallet you control, and verify the official site before connecting.

6 steps

How to get started with Phlox

1
Confirm the official site address from the project's verified social account.
2
Set up a wallet that supports LUKSO and fund it with a small amount of LYX for gas.
3
Connect the wallet to the Phlox app.
4
Start with a small swap and check the price impact and fee shown.
5
Review pool analytics before adding liquidity, and understand the price range you choose.
6
Revoke token approvals you no longer need.

Open Phlox

Who Phlox is for

Phlox is for LUKSO users and DeFi participants comfortable with Uniswap V3-style pools who want to trade or provide liquidity in that ecosystem. It is less suited to cautious users who require audits and established liquidity.

Phlox FAQs

What is Phlox?

Phlox is a decentralized exchange on LUKSO. According to its homepage, users can swap tokens, add or remove liquidity, and view token and pool analytics.

Which blockchain does Phlox run on?

Public sources list LUKSO as the only chain. No bridges or other networks are mentioned.

Is Phlox audited?

No audits are listed on DefiLlama for Phlox, and none are mentioned on its homepage we have. Treat it as unaudited until the team publishes reports, and only use money you can afford to lose.

Does Phlox have a token?

DefiLlama shows no token for Phlox, and no token is mentioned elsewhere. Check official channels before trusting any token claiming to be affiliated.

What are Phlox's fees?

Public sources say it has a Uniswap V3-style design, which usually means liquidity providers pick price ranges and fee tiers. Specific fee levels for Phlox are not published publicly, so check the pool pages in the app.

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