DEXes · Review
ActiveVoltage AMM Review 2026: A Small Fuse Network DEX
Voltage AMM is the exchange arm of Voltage Finance, a DeFi project built on the Fuse network. It is live but holds very little liquidity, so it suits small, curious users more than active traders.
By the DappsAtlas editorial team · Updated
DappsAtlas score
4.5/10
Weak
Our verdict on Voltage AMM
4.5/10Voltage AMM is a long-running but now very small exchange on the Fuse network, tied to the wider Voltage Finance app, lending and VOLT governance. It suits Fuse users who want a native place to swap and vote on incentives, and who are comfortable with small trades. The main caveat is size: liquidity is about $65,000, no audits are listed, and fees are not published, so slippage and contract risk matter more than usual.
Score breakdown
How Voltage AMM scores
- Security
- 3.5/10
- Ease of use
- 6.0/10
- Fees
- n/a
- Features
- 5.0/10
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 Voltage AMM?
Voltage AMM is the decentralized exchange part of Voltage Finance, a DeFi project built on the Fuse blockchain. It has been listed since October 2021 and describes its aim as putting DeFi in everyday users' pockets.
The project has since grown beyond swaps. It runs a VOLT token with vote-escrow gauge voting, a lending feature, and the Volt app, a wallet-style product for payments, savings and investments. Funds from the older Fuse Cash app were migrated into it in 2023.
Activity today is small. Total value locked is around $65,000 and fell about 1.8% over the past week. The VOLT token trades at roughly a thousandth of a cent on very low daily volume. The team, audit reports and fee schedule are not published on the pages reviewed.
How Voltage AMM works
Voltage AMM is an automated market maker. Instead of matching buyers and sellers, it holds pools of two tokens. A formula sets the price based on the ratio of the tokens in the pool, and each swap shifts that ratio.
Liquidity providers deposit tokens into pools and earn a share of the swap fees. The project also uses a vote-escrow model: VOLT holders lock tokens to receive veVOLT, and that balance is used to vote on gauges, which steer token incentives toward chosen pools. The gauge page says results update every two weeks, based on veVOLT balances at a set time.
Beyond the AMM, Voltage describes a lending market for supplying and borrowing assets, and a mobile-oriented Volt app that covers gas costs through its liquidity pools. These pieces all sit on the Fuse network, an EVM-compatible chain.
6 features
Key features
01
AMM token swaps
Swap tokens against liquidity pools on the Fuse network without an order book or intermediary.
02
Liquidity pools
Users can supply tokens to pools and earn a share of trading activity, with the usual impermanent loss risk.
03
Gauge voting with veVOLT
veVOLT holders vote on gauges that set incentive weights for pools. Results are updated every two weeks.
04
Voltage Lending
A decentralized feature to supply assets for yield or borrow against collateral, according to the project's FAQ.
05
Volt app
A consumer wallet-style app for payments, savings and investments, with gas reportedly covered by Voltage liquidity pools.
06
Fuse Cash migration
Funds from the earlier Fuse Cash product could be moved to the Volt app, with a published explainer for the process.
Pros and cons
What we like
- Live on Fuse since 2021, so it has a multi-year operating history
- Offers more than swaps, including gauge voting, lending and a wallet app
- Vote-escrow governance gives token holders a say in incentive allocation
- Gas for the Volt app is reportedly subsidised by Voltage liquidity pools
- Active GitHub presence with dozens of repositories
Watch out for
- Liquidity is very small, with roughly $65,000 in total value locked, so larger trades can move prices sharply
- The VOLT token trades at a tiny fraction of a cent on very low daily volume
- No audits are listed for the AMM contracts
- It runs only on Fuse, so it is hard to reach from other chains without bridging
- Fee levels are not stated on the pages reviewed
- Project focus has widened to a wallet app and lending, which makes the AMM's long-term priority unclear
Voltage AMM fees
The pages reviewed do not publish a swap fee schedule for Voltage AMM. Users would see the exact fee and the price impact on the swap confirmation screen before signing a transaction.
As on any AMM, expect a percentage fee on each swap that goes to liquidity providers, plus network gas on Fuse. With such thin pools, price impact is likely to cost more than the fee itself on larger orders.
Is Voltage AMM safe?
No audits are listed for Voltage AMM in the tracker data, and none were found in the pages reviewed. Smart-contract risk applies to every pool, and the user keeps custody of assets in their own wallet, but deposited liquidity sits in contracts that can fail or be exploited.
Liquidity is thin, which raises price manipulation and slippage risk. The project's team, legal entity and any insurance are not published. DeFi products are not regulated like banks, and no deposit protection exists. Only use funds you can afford to lose, and check local rules on using DeFi services.
6 steps
How to get started with Voltage AMM
- 1
Set up a wallet that supports the Fuse network and add Fuse to its network list.
- 2
Fund the wallet with FUSE for gas and the tokens you plan to swap, bridging them in if needed.
- 3
Open the Voltage app and connect the wallet.
- 4
Start with a small test swap and check the quoted price impact and fees before confirming.
- 5
If you want to provide liquidity, read how impermanent loss works first and deposit only what you can afford to lose.
- 6
To take part in governance, lock VOLT for veVOLT and vote on gauges in the voting period.
Who Voltage AMM is for
Voltage AMM fits existing Fuse network users, small-scale liquidity providers and VOLT holders interested in veVOLT governance. It is a poor fit for anyone who needs deep liquidity, large trade sizes or audited contracts as a baseline.
Voltage AMM FAQs
What is Voltage AMM?
Voltage AMM is an automated market maker on the Fuse network. Users swap tokens and provide liquidity through pools, and the project also runs a token called VOLT with gauge voting.
Which blockchain does Voltage AMM run on?
The project lists Fuse as its chain. Other networks are not mentioned in the material reviewed, so assume you need a Fuse-compatible wallet and Fuse-network assets.
What is VOLT used for?
VOLT is the project's token. It is locked to create veVOLT, which is used to vote on gauges that direct incentives to liquidity pools. Votes are tallied roughly every two weeks.
Has Voltage AMM been audited?
The pages reviewed do not list any audits for the AMM, and no audit appears in the tracker data. Treat the contracts as unaudited unless the project publishes a report.
Does Voltage Finance offer anything besides swaps?
Voltage also describes a lending feature where users supply assets to earn yield or borrow against collateral. It also offers the Volt app, a wallet-style product for payments and savings, which absorbed funds migrated from Fuse Cash.
Is liquidity on Voltage AMM deep enough for large trades?
Total value locked is only around $65,000, and daily trading volume for VOLT is very small. Expect wide spreads and high price impact on anything but small trades.
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.