DEXes · Review
ActiveSkate AMM Review 2026: One Shared Pool Across Many Chains
Skate AMM is the flagship product of Skate, built to keep one shared liquidity pool and pricing curve across many chains and virtual machines. Its design is ambitious, but TVL is small and no audits are listed.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.5/10
Mixed
Our verdict on Skate AMM
5.5/10Skate AMM suits technically curious DeFi users who want to see how a single liquidity pool and pricing curve can span EVM, Solana, Sui and other environments. Its main strength is the design itself, which tackles liquidity fragmentation on 15 listed networks. The main caveat is risk: TVL is about $28,000, no audits are listed, and fees and the security model are not detailed on the homepage. Treat it as an experimental product and size positions accordingly.
Score breakdown
How Skate AMM scores
- Security
- 4.5/10
- Ease of use
- 6.0/10
- Fees
- n/a
- Features
- n/a
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 Skate AMM?
Skate AMM is the flagship product of Skate, a project building infrastructure that lets apps and users work across different blockchains and virtual machines. The AMM is meant to hold shared liquidity in one place and offer a single pricing curve, regardless of which chain a trader uses.
Tracking data lists 15 networks, including Ethereum, Solana, Sui, Base, Arbitrum, BNB Chain and Hyperliquid. It has been listed since late May 2025. TVL is about $28,000, and the data shows no native token for the AMM and no audits.
The project's official account claims $500M in settled volume and over $18K in fees for its EigenLayer AVS. That is a single-source claim, and the homepage itself says very little beyond a one-line description.
How Skate AMM works
A normal AMM keeps tokens in a pool and sets prices with a formula. On most DEXs each chain has its own pools, so the same pair can have different prices and separate liquidity on Ethereum, Solana and elsewhere.
Skate AMM aims to avoid that split. According to its description, it maintains one canonical pricing curve and a shared pool that works across chains with different virtual machines. Skate's infrastructure layer lets users interact from their native chain, while an execution network settles the trades behind the scenes.
The project's materials mention an EigenLayer AVS and an execution network that includes trading desks and liquidity providers. The detailed settlement and security design is not set out on the homepage, so newcomers should read the project's documentation before relying on it.
5 features
Key features
01
Shared cross-chain liquidity
One liquidity pool and a single canonical pricing curve serve trading across multiple ecosystems, rather than fragmenting liquidity chain by chain.
02
Multi-VM support
The AMM is built to operate across different virtual machines, including EVM, Solana, MoveVM, Sui and TON, according to the homepage description.
03
Wide chain coverage
Tracking data lists 15 chains, including Ethereum, Solana, Sui, Base, Arbitrum and BNB Chain.
04
Native-chain experience
Users trade from their native chain and wallet, with Skate's infrastructure layer handling cross-VM execution behind the scenes.
05
AVS fee link
The project says AMM fees flow to Skate's EigenLayer AVS, tying the exchange to a restaking-secured execution network.
Pros and cons
What we like
- Targets a real problem: liquidity fragmentation across chains and VM types.
- Lists 15 supported networks, including non-EVM chains like Solana and Sui.
- One canonical pricing curve could reduce price gaps between chains.
- Fees are linked to a restaking-based AVS, giving the design an economic security angle.
- No separate token is needed to use the AMM, according to tracking data.
Watch out for
- TVL is only about $28,000, which is small for a multi-chain AMM and may mean thin liquidity and wider price impact on larger trades.
- No audits are listed in the tracking data, and the homepage does not point to any audit reports.
- Fee levels, liquidity provider rewards and the fee split are not published on the homepage.
- It depends on Skate's cross-VM infrastructure and its restaked execution network, which adds layers of technical and trust risk beyond a single-chain DEX.
- The project has a short track record, with a listing date of May 2025.
- Spreading liquidity across many chains and VMs increases the number of places where a bug or bridge-style failure could occur.
Skate AMM fees
Skate AMM does not publish a fee schedule on its homepage. Swap fees, liquidity provider shares and any network or gas costs on each chain would be shown in the interface when you trade or add liquidity.
One post from the project's official account says the AMM generated over $18K in fees for Skate's EigenLayer AVS on $500M of settled volume. That points to fees being directed in part to the AVS, but the full fee structure is not stated.
Is Skate AMM safe?
No audits are listed in the tracking data, and the homepage does not link any reports. Cross-VM designs combine smart contracts on many chains with off-chain or network-level execution, which widens the attack surface compared with a single-chain AMM.
The project's materials refer to an EigenLayer AVS and say slashing is part of its roadmap, which suggests the security model was still developing. Team details, custody terms and any incident history are not published on the homepage. Only commit funds you can afford to lose and verify contracts through official channels.
6 steps
How to get started with Skate AMM
- 1
Check that the project's official site is the one you are on, and confirm any contract addresses against official channels.
- 2
Choose a supported chain such as Ethereum, Base, Arbitrum or Solana and connect a compatible wallet.
- 3
Review the pool and the quoted price, and compare fees and price impact with another DEX for the same pair.
- 4
Start with a small swap to see how execution and gas costs work on your chosen chain.
- 5
If you add liquidity, read how rewards and fees are distributed and what risks apply to your deposit.
- 6
Keep only the amount you can afford to lose in a young, unaudited-on-record protocol.
Who Skate AMM is for
Skate AMM is for experienced DeFi users and builders who are interested in cross-chain and cross-VM liquidity and are comfortable with early-stage protocols. It is less suited to people who want a long track record, published audits and deep liquidity.
Skate AMM FAQs
What is Skate AMM?
Skate AMM is a decentralized exchange from the Skate project. It aims to run one shared liquidity pool and one pricing curve across different blockchains and virtual machine types, so trading is not split into separate pools on each chain.
Which chains does Skate AMM support?
Tracking data lists BNB Chain, Robinhood Chain, Solana, Arbitrum, Ethereum, Sui, Base, Hyperliquid, Monad, Eclipse, Tempo, MegaETH, Mantle, Plume and 0G. The homepage describes support across EVM, Solana, MoveVM, Sui and TON environments.
Does Skate AMM have its own token?
Not according to the tracking data, which shows no native token for the AMM. The wider Skate project has a token called SKATE, but the AMM page does not describe it as part of using the exchange.
Has Skate AMM been audited?
The tracking data lists no audits. The homepage does not link to any reports either, so users should look for audit information from the project before depositing significant funds.
How big is Skate AMM?
Total value locked is about $28,000 and moved by roughly -0.3% over seven days. A post from the project's official account said the AMM had settled $500M in trading volume and generated over $18K in fees for its EigenLayer AVS, which is a single-source claim.
What are the fees on Skate AMM?
The homepage does not publish a fee schedule. Fees would be visible in the trading interface at the time of a swap, and any liquidity provider terms would appear where pools are listed.
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How we checked
Sources
- 1.defillama.com/protocol/skate-amm
- 2.skatechain.medium.com/skate-introduces-the-first-stateless-app-across-20-chains-55d37ff0e3e4
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