Best of · Avalanche · Updated Nov 8, 2026

The best DEXes on Avalanche in 2026

We track 59 DEXes that run on Avalanche and have reviewed 35 of them in full. Our top pick is Uniswap V2. Each one is scored on security, ease of use, fees and features.

1
Uniswap V2
DEXes · Ethereum, Base, Polygon +14
Uniswap V2 is a non-custodial automated market maker for token swaps and liquidity provision. Check the exact network, pool and swap costs before confirming a transaction.
Read the Uniswap V2 review Visit Uniswap V2(opens in a new tab)
ScoreScore 7.2 out of 10
TVL $865M−5.9%
2
Uniswap V3
DEXes · Ethereum, Base, Arbitrum +38
Uniswap V3 lets you swap tokens and provide liquidity through concentrated-liquidity pools. Check the pool fee, network gas and contract risks before you trade or deposit.
Read the Uniswap V3 review Visit Uniswap V3(opens in a new tab)
ScoreScore 7.1 out of 10
TVL $1.51B−2.5%
3
Uniswap V4
DEXes · Ethereum, Robinhood Chain, Base +19
Uniswap v4 is a multichain decentralized exchange for wallet-based token swaps, with customizable hooks and gas optimizations. Your costs and risks depend on the pool, chain and any hooks it uses.
Read the Uniswap V4 review Visit Uniswap V4(opens in a new tab)
ScoreScore 7.1 out of 10
TVL $1.18B+1.9%
4
THORChain DEX
DEXes · THORChain, Bitcoin, Ethereum +10
THORChain is a cross-chain swap protocol for moving crypto between supported networks without a centralized exchange. Its variable fees and protocol risks mean you should check the quote and destination details before sending.
Read the THORChain DEX review Visit THORChain DEX(opens in a new tab)
ScoreScore 7.1 out of 10
TVL $60.5M−3.3%
5
WOOFi Swap
DEXes · Arbitrum, Optimism, Avalanche +13
WOOFi is a multichain DEX for swaps and cross-chain transfers, with separate earn, staking and perpetual-trading products. Check each quote and the risks of the route before approving a transaction.
Read the WOOFi Swap review Visit WOOFi Swap(opens in a new tab)
ScoreScore 6.3 out of 10
TVL $3.25M−5.2%
6
SushiSwap
DEXes · Ethereum, Polygon, Arbitrum +32
SushiSwap is a multi-chain decentralized exchange for swapping tokens, including cross-chain trades. You can compare routes in its interface, but check the quoted fees, network costs and destination chain before approving a transaction.
Read the SushiSwap review Visit SushiSwap(opens in a new tab)
ScoreScore 6.2 out of 10
TVL $35.3M−2.2%
7
KyberSwap Classic
DEXes · Ethereum, Polygon, Avalanche +12
KyberSwap Classic is a non-custodial, multichain swap and liquidity platform. It offers a broad set of chains, but check the route, fees and contract risks before trading or supplying liquidity.
Read the KyberSwap Classic review Visit KyberSwap Classic(opens in a new tab)
ScoreScore 6.2 out of 10
TVL $1.01M−1.3%
8
SushiSwap V3
DEXes · Ethereum, Katana, Robinhood Chain +27
SushiSwap V3 is a multi-chain decentralized exchange for wallet-based token swaps and concentrated-liquidity positions. You can see fee and network-cost fields before trading, but check the selected route, chain and final costs before confirming.
Read the SushiSwap V3 review Visit SushiSwap V3(opens in a new tab)
ScoreScore 5.8 out of 10
TVL $39.4M+3.7%
9
Balancer V3
DEXes · Ethereum, Monad, Arbitrum +6
Balancer V3 is a decentralized exchange for swapping tokens and supplying liquidity to customizable pools. Pool fees vary, and you should verify the network, pool and contract risks before committing funds.
Read the Balancer V3 review Visit Balancer V3(opens in a new tab)
ScoreScore 5.7 out of 10
TVL $11.2M−18.1%
10
Poolside
DEXes · Base, Ethereum, Avalanche +1
Poolside is a DeFi AMM designed for liquid-staking and other yield-bearing tokens. Its Reservoir mechanism aims to preserve token yield for liquidity providers, but fees and key contract details are not published.
Read the Poolside review Visit Poolside(opens in a new tab)
ScoreScore 5.6 out of 10
TVL $32.6K−1.2%
11
Frax Swap
DEXes · Fraxtal, Ethereum, BNB Chain +7
Frax Swap is a multi-chain automated market maker with a feature for splitting large trades over time. Its swap fees and audit details need checking before you trade.
Read the Frax Swap review Visit Frax Swap(opens in a new tab)
ScoreScore 5.5 out of 10
TVL $8.05M−3.0%
12
Dexalot DEX
DEXes · Avalanche, Arbitrum, BNB Chain +1
Dexalot is a non-custodial, on-chain order-book DEX built around its own app-specific chain. Its multi-chain setup may suit active traders, but check the actual trading and network costs before moving funds.
Read the Dexalot DEX review Visit Dexalot DEX(opens in a new tab)
ScoreScore 5.5 out of 10
TVL $2.22M+7.5%
13
Pharaoh Legacy
DEXes · Avalanche
Pharaoh Legacy is an Avalanche DEX for swapping tokens and providing liquidity. Check the fee for your specific pool and understand the smart-contract risks before connecting funds.
Read the Pharaoh Legacy review Visit Pharaoh Legacy(opens in a new tab)
ScoreScore 5.3 out of 10
TVL $197K−5.9%
14
Joe DEX
DEXes · Avalanche, Arbitrum, Monad +1
Joe DEX, branded LFJ, is a decentralized exchange and swap aggregator across several chains. Its basic purpose is clear, but published fee and security details are limited, so check the quote and approvals before swapping.
Read the Joe DEX review Visit Joe DEX(opens in a new tab)
ScoreScore 5.2 out of 10
TVL $9.33M−3.2%
15
Pharaoh CL
DEXes · Avalanche
Pharaoh CL is an Avalanche DEX for token swaps and concentrated liquidity. Its fee tiers are published, but audit and security details are limited, so weigh contract risk before trading or depositing liquidity.
Read the Pharaoh CL review Visit Pharaoh CL(opens in a new tab)
ScoreScore 5.2 out of 10
TVL $3.96M−0.7%
16
Balanced Exchange
DEXes · Avalanche, Solana, Arbitrum +8
Balanced is a cross-chain DeFi app for swaps, liquidity, borrowing and bnUSD savings. Its main drawback for a cautious user is that fees and audit details are not clear.
Read the Balanced Exchange review Visit Balanced Exchange(opens in a new tab)
ScoreScore 5.2 out of 10
TVL $1.98M−0.1%
17
Pangolin V3
DEXes · Avalanche, Monad
Pangolin V3 is a decentralized exchange for swapping tokens and providing liquidity on Avalanche and Monad. Its concentrated-liquidity pools and dynamic fees may suit active DeFi users, but published fee and security details are limited.
Read the Pangolin V3 review Visit Pangolin V3(opens in a new tab)
ScoreScore 5.2 out of 10
TVL $131K−13.3%
18
Dexalot Portfolio
DEXes · Avalanche, Arbitrum, Base +2
Dexalot is a non-custodial, multi-chain order-book DEX built around an app-specific chain. Its trading model is clear, but fees, audit details and practical wallet support need checking before you deposit.
Read the Dexalot Portfolio review Visit Dexalot Portfolio(opens in a new tab)
ScoreScore 5.0 out of 10
TVL $5.49M−7.1%
19
Pangolin V2
DEXes · Avalanche, Hedera, Flare +1
Pangolin V2 is a multi-chain decentralised exchange for swapping tokens. Its basic purpose is clear, but published details on swap fees, audit scope and how its chains are supported are limited.
Read the Pangolin V2 review Visit Pangolin V2(opens in a new tab)
ScoreScore 5.0 out of 10
TVL $1.70M−3.7%
20
Joe V2
DEXes · Avalanche, Arbitrum, BNB Chain
Joe V2 is a multi-chain decentralized exchange built around Liquidity Book. Its swap fees and the details behind its listed audits need checking before you trade.
Read the Joe V2 review Visit Joe V2(opens in a new tab)
ScoreScore 5.0 out of 10
TVL $172K−1.4%
21
Wombat Exchange
DEXes · BNB Chain, Arbitrum, Avalanche +7
Wombat Exchange is a wallet-connected, multi-chain DEX for token swaps, with single-sided liquidity and aggregator routing. Fees, audit details and the exact route available for your trade need checking before you swap.
Read the Wombat Exchange review Visit Wombat Exchange(opens in a new tab)
ScoreScore 4.8 out of 10
TVL $1.03M−0.4%
22
Pharaoh V3 Legacy
DEXes · Avalanche
Pharaoh V3 Legacy is an Avalanche DEX for token swaps and concentrated-liquidity provision. Its fee rates, audit status and the exact relationship between Legacy and newer Pharaoh products need checking before you connect funds.
Read the Pharaoh V3 Legacy review Visit Pharaoh V3 Legacy(opens in a new tab)
ScoreScore 4.6 out of 10
TVL $1.32M−9.7%
23
Pharaoh DLMM
DEXes · Avalanche
Pharaoh DLMM is an Avalanche DEX for token swaps and concentrated-liquidity positions. Its dynamic fees and advertised MEV protection may appeal to active traders, but check the fee shown for each trade and understand the risks before adding liquidity.
Read the Pharaoh DLMM review Visit Pharaoh DLMM(opens in a new tab)
ScoreScore 4.5 out of 10
TVL $6.97M−22.4%
24
KyberSwap Elastic
DEXes · Linea, Scroll, Arbitrum +8
KyberSwap Elastic combines token swaps with concentrated-liquidity pools, but its 2023 exploit is a serious reason to be cautious. Check current contract and pool details before connecting a wallet or adding funds.
Read the KyberSwap Elastic review Visit KyberSwap Elastic(opens in a new tab)
ScoreScore 4.5 out of 10
TVL $117K−4.7%
25
Xave Finance
DEXes · Polygon, Avalanche, Ethereum
Xave Finance is a DEX focused on stablecoin swaps across currencies, using custom FXPools. Fee details and audit findings are not published, so check pool terms and risks before swapping or supplying liquidity.
Read the Xave Finance review Visit Xave Finance(opens in a new tab)
ScoreScore 4.4 out of 10
TVL $145K−0.1%

DEXes on Avalanche: the numbers

Tracked: 59
Reviewed: 59
Total TVL: $3.80B
Avg. score: 5.0/10

The SkyBitcoins index lists 59 DEXes on Avalanche. Every one of them has a full review. The 53 that report TVL hold $3.80B between them, counting value on every chain they support. Uniswap V3 is the clear leader, holding 40% of it. The five largest make up 96% of the total; the median is $1.01M.

By value locked, the largest DEXes on Avalanche are Uniswap V3 ($1.51B), Uniswap V4 ($1.18B) and Uniswap V2 ($865M). On SkyBitcoins scores, Uniswap V2 ranks first at 7.2/10, ahead of Uniswap V3 (7.1) and Uniswap V4 (7.1). The 35 rated DEXes average 5.0/10, and none scores 8 or above yet.

Beyond Avalanche, these DEXes most often also run on BNB Chain (26), Ethereum (24) and Arbitrum (23). Of the 41 with a confirmed status, 39 are active and 2 are inactive or wound down. In the past week, total value locked fell 2.1%. Dexalot DEX gained the most (+7.5%), while Pharaoh DLMM dropped the most (−22.4%).

Largest by TVL

1Uniswap V3$1.51B
2Uniswap V4$1.18B
3Uniswap V2$865M
4THORChain DEX$60.5M
5SushiSwap V3$39.4M

Highest rated

Method

How we ranked them

Reviewed dApps come first. Each SkyBitcoins review scores security, ease of use, fees and features from 0 to 10 using public facts such as audits, documentation and on-chain data; the overall score orders the list, with total value locked as the tie-breaker. Projects we have not reviewed yet follow, ordered by total value locked. Scores are never sold.

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Frequently asked questions

What is the largest DEX on Avalanche by TVL?

Uniswap V3 is the largest DEX on Avalanche by total value locked, with $1.51B across all the chains it supports. It is followed by Uniswap V4 ($1.18B) and Uniswap V2 ($865M). TVL figures come from DefiLlama and change daily.

Which DEX on Avalanche has the highest SkyBitcoins score?

Uniswap V2 has the highest score at 7.2/10, ahead of Uniswap V3 (7.1) and Uniswap V4 (7.1). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.

How many DEXes on Avalanche has SkyBitcoins reviewed?

SkyBitcoins tracks 59 DEXes on Avalanche. Of these, 59 have a full review and 53 report value locked, $3.80B in total, counting value on every chain they support.

Which DEXes on Avalanche grew the most this week?

Among DEXes with at least $1M locked, Dexalot DEX had the biggest 7-day TVL gain (+7.5%) and Pharaoh DLMM the biggest drop (−22.4%). Combined TVL moved −2.1% over the same seven days.

What is the average score for DEXes on Avalanche?

The 35 rated DEXes on Avalanche average 5.0 out of 10. Of these, 0 score 8 or higher and 15 score below 5.

Ranked list