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PulseX V2 Review 2026: PulseChain DEX With No Listed Audits

PulseX V2 is a decentralized exchange for swapping PRC20 tokens on PulseChain, with about $13.5 million in TVL on DefiLlama. No audits are listed there, and public sources say little about fees or security.

Pulse

By the DappsAtlas editorial team · Updated Nov 4, 2026

DappsAtlas score

6.0/10

Mixed

Visit PulseX V2

Our verdict on PulseX V2

6.0/10

PulseX V2 suits users already active on PulseChain who need a place to swap PRC20 tokens. Its main strength is that it is a PulseChain-focused DEX with about $13.5 million in TVL and a track record since 2023. The main caveat is the lack of listed audits and unpublished fees. Use only official links, start small, and understand the contract risks before trading or providing liquidity.

Score breakdown

How PulseX V2 scores

Security: 4.5/10
Ease of use: 6.5/10
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 PulseX V2?

PulseX V2 is a decentralized exchange built for PulseChain. DefiLlama describes it as a place to exchange PRC20 tokens for one another, and the homepage calls it where to trade on PulseChain.

DefiLlama shows about $13.5 million in total value locked, up about 6.3% over seven days, and lists it since June 2023. It runs on a single chain, and its linked token is PLSX.

The homepage is sparse. It says decentralization, robustness and privacy are core principles and presents itself as a list of links to ways of running the PulseX code. No audits are listed on DefiLlama, and public sources include no fee schedule or team details.

How PulseX V2 works

PulseX V2 is a decentralized exchange. Instead of matching buyers and sellers in an order book, it generally uses liquidity pools, where users deposit pairs of tokens and traders swap against those pools at a price set by a formula.

Traders connect a wallet, pick two PRC20 tokens and confirm the swap on PulseChain. Liquidity providers who fund the pools typically earn a share of trading fees, though the project does not give PulseX V2's specific fee split.

The homepage describes itself as a list of links to ways of running the PulseX code, which suggests access through several front ends rather than one. Check that you are using a genuine front end before connecting a wallet.

4 features

Key features

PRC20 token swaps

Users can swap PRC20 tokens for one another on PulseChain, which is the core function described by DefiLlama.

On-chain DEX trading

The project is listed on DefiLlama under the Dexs category, which points to an automated market maker style exchange.

Multiple access points

The homepage describes itself as a list of links to ways of running the PulseX code, which reflects a decentralization-minded approach.

PLSX token

DefiLlama shows a PLSX token associated with the protocol.

Pros and cons

What we like

Focused on token swaps on PulseChain
About $13.5 million in TVL shows meaningful liquidity
TVL rose 6.3% over the past seven days
Listed on DefiLlama since mid-2023, so it has some history
Homepage points to several ways to access the code

Watch out for

No audits are listed on DefiLlama for this deployment
Liquidity and usage depend entirely on one chain, PulseChain
The homepage is only a list of links, so there is little in-app guidance
Fee levels and swap-fee distribution are not stated publicly, so users must check them in the interface
Smart-contract risk applies to any AMM, and the PLSX token's behavior is not described publicly

PulseX V2 fees

The project does not publish PulseX V2 fee figures. Swap fees and network gas costs would be shown in the swap interface before a trade is confirmed.

Gas is paid on PulseChain, so users need the network's native asset. Price impact in thinner pools can cost more than the stated fee.

Is PulseX V2 safe?

DefiLlama lists no audits for PulseX V2, and public sources include no security reports, bug bounty or incident history. Like any AMM, it carries smart-contract risk, and liquidity providers face impermanent loss.

Trading is non-custodial in the usual DEX model, so you hold your own keys, but you are still exposed to contract bugs, scam tokens and fake front ends. Because the homepage lists multiple access links, verify the address you use.

6 steps

How to get started with PulseX V2

1
Set up a wallet that supports PulseChain and add the network.
2
Fund the wallet with the native asset for gas and the tokens you want to swap.
3
Open the PulseX interface through the official link listed on this page and check the address carefully.
4
Connect the wallet and choose the tokens to swap.
5
Review the quoted price, price impact, fees and slippage before confirming.
6
Start with a small trade to confirm everything behaves as expected.

Open PulseX V2

Who PulseX V2 is for

PulseX V2 is for people who already use PulseChain and want a DEX for swapping PRC20 tokens. It is less suitable for readers who want multichain access, published audits or a detailed in-app guide.

PulseX V2 FAQs

What is PulseX V2?

PulseX V2 is a decentralized exchange where users swap PRC20 tokens on PulseChain. DefiLlama describes it as a way to exchange tokens on PulseChain for one another.

Which blockchain does PulseX V2 run on?

DefiLlama lists PulseX V2 on one chain, PulseChain. Users therefore need a wallet configured for that network and the tokens to pay gas there.

Does PulseX have a token?

DefiLlama lists PLSX as the token linked to PulseX. The project does not describe its utility or tokenomics in detail, so check the project's own materials before buying.

Is PulseX V2 audited?

DefiLlama lists no audits for PulseX V2. That does not by itself mean the contracts are unsafe, but it means readers should do their own checks and limit the amount they put at risk.

What are the fees on PulseX V2?

The project does not publish fee figures. Swap fees and any network gas costs should appear in the swap interface before you confirm a trade.

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