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DEXes · Review

Tethys AMM Review 2026: A Metis-Based DEX

Tethys AMM is a decentralized exchange built for the Metis network and associated with the TETHYS token. Its basic purpose is clear, but key details about fees, markets, and audits are not published.

By the DappsAtlas editorial team · Updated

DappsAtlas score

—/10

Not rated

Our verdict on Tethys AMM

Tethys AMM may interest users already exploring decentralized trading on Metis. Its stated purpose as an AMM exchange and the name of its token are clear, but practical details are scarce: supported pairs, fees, token utility, and the audit reports are not published. The current app’s availability is also unclear. Treat it as a project to research rather than assuming it is ready to use, and verify the app and contract addresses before connecting a wallet.

Score breakdown

How Tethys AMM scores

Security
n/a
Ease of use
n/a
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 Tethys AMM?

Tethys AMM is a decentralized exchange designed for the Metis Andromeda network. It is identified as an AMM, a type of exchange that generally routes trades through liquidity pools, and TETHYS is named as its token.

The project does not publish its current trading pairs, fee schedule, token utility, or detailed audit information. Its current app availability is also unclear, so users should verify the app and contracts before interacting.

How Tethys AMM works

Tethys AMM is described as a decentralized exchange for Metis. An automated market maker generally lets users trade against token liquidity pools rather than matching each buyer with a seller through an order book. Prices are typically determined by pool balances and the AMM’s rules.

The specific pool design, supported pairs, liquidity-provider terms, and trading fees for Tethys AMM are not published. TETHYS is named as a project token, but its role in trading or governance is not specified.

3 features

Key features

01

Metis exchange

Tethys AMM is described as a decentralized exchange intended to serve the Metis Andromeda network.

02

AMM trading

The project is identified as an automated market maker (AMM). Exact pool design and supported pairs are not published.

03

TETHYS token

TETHYS is named as the project’s token, but its function is not specified.

Pros and cons

What we like

  • Designed specifically for the Metis network.
  • Identified as an AMM-based decentralized exchange.
  • A project token, TETHYS, is named.

Watch out for

  • Trading fees and supported token pairs are not published.
  • The TETHYS token’s purpose is not described.
  • Audit names, reports, and findings are not published.
  • Current app access and operating status are unclear.

Tethys AMM fees

Trading fees, including any swap or liquidity-provider charges, are not published. Check the current swap interface and transaction details before confirming a trade; network transaction costs may also apply.

Is Tethys AMM safe?

Two audits are listed for the project, but auditor names, reports, and findings are not published. An audit listing alone does not establish that contracts are secure or free of vulnerabilities.

The custody model, contract addresses, and incident history are not established here. DEX users can face smart-contract, token, and liquidity risks, and transactions may be irreversible. Regulatory status is not published.

5 steps

How to get started with Tethys AMM

  1. 1

    Confirm that Tethys AMM is currently operating and locate its official app through a trusted Metis ecosystem source.

  2. 2

    Check that the app and the token or pool contracts you intend to use are the correct ones.

  3. 3

    Use a wallet that supports Metis and review the network and transaction details before connecting.

  4. 4

    Inspect the available trading pairs and fee information in the app; these details are not published here.

  5. 5

    If you proceed, start with an amount you can afford to lose and verify the transaction in your wallet.

Who Tethys AMM is for

Tethys AMM is most relevant to users researching Metis-based decentralized exchanges who are comfortable checking contract and app details themselves. It is a poor fit for anyone who needs clearly published fees, trading markets, token terms, or audit reports before deciding whether to use a service.

Tethys AMM FAQs

What is Tethys AMM?

Tethys AMM is described as a decentralized exchange for the Metis network. Its trading pairs and current app availability are unclear.

What is the TETHYS token used for?

TETHYS is named as the project’s token, but its role and tokenomics are not published. Do not assume it is required for trading or grants particular rights.

Is Tethys AMM safe to use?

Check that crypto trading is legal where you live and verify the current app and contract details before connecting a wallet. Crypto assets and smart contracts can lose value or fail.

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How we checked

Sources

  1. 1.defillama.com/protocol/tethys-amm

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