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Best of · Ethereum · Updated

The best DEXes on Ethereum in 2026

We track 151 DEXes that run on Ethereum and have reviewed 66 of them in full. Our top pick is Uniswap. Each one is scored on security, ease of use, fees and features.

Ranked list

  1. 1
    Uniswap logo

    Uniswap

    DEXes · Ethereum, Base, Arbitrum +2

    Uniswap is a non-custodial exchange for swapping tokens and supplying liquidity. App fees are zero, but pool fees and network gas can still apply, and you manage your own wallet risks.

    ScoreScore 7.4 out of 10
    TVL —
  2. 2
    Uniswap V2 logo

    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.

    ScoreScore 7.2 out of 10
    TVL $865M−5.9%
  3. 3
    Uniswap V3 logo

    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.

    ScoreScore 7.1 out of 10
    TVL $1.51B−2.5%
  4. 4
    Uniswap V4 logo

    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.

    ScoreScore 7.1 out of 10
    TVL $1.18B+1.9%
  5. 5
    THORChain DEX logo

    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.

    ScoreScore 7.1 out of 10
    TVL $60.5M−3.3%
  6. 6
    Chainflip AMM logo

    Chainflip AMM

    DEXes · Ethereum

    Chainflip lets you swap native assets across Bitcoin, Solana, Ethereum and other networks without wrapped tokens or a connected wallet. Its fee details and audit reports need closer checking before you trade.

    ScoreScore 6.4 out of 10
    TVL $10.5M+22.4%
  7. 7
    WOOFi Swap logo

    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.

    ScoreScore 6.3 out of 10
    TVL $3.25M−5.2%
  8. 8
    SushiSwap logo

    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.

    ScoreScore 6.2 out of 10
    TVL $35.3M−2.2%
  9. 9
    KyberSwap Classic logo

    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.

    ScoreScore 6.2 out of 10
    TVL $1.01M−1.3%
  10. 10

    Curve

    DEXes · Ethereum

    Curve is an Ethereum DEX for swapping crypto through liquidity pools. It may suit you if you can manage wallet and smart-contract risks, but check the pool’s fees and contract details before trading.

    ScoreScore 6.2 out of 10
    TVL —
  11. 11
    Bancor logo

    Bancor

    DEXes · Ethereum

    Bancor is a DeFi trading toolkit, not just a token: Carbon DeFi offers configurable onchain orders, while Arb Fast Lane provides DEX arbitrage infrastructure. Check the contract risks and the trading costs that are not published before using it.

    ScoreScore 6.2 out of 10
    TVL —
  12. 12
    Quickswap logo

    Quickswap

    DEXes · Polygon, Base, Immutablezkevm +6

    QuickSwap is a multi-chain DEX for token swaps, liquidity provision and leveraged perpetuals. Its main drawbacks are unpublished trading costs and limited public detail on audits and licensing.

    ScoreScore 6.2 out of 10
    TVL —
  13. 13
    Fluid DEX logo

    Fluid DEX

    DEXes · Ethereum, Arbitrum, Base +2

    Fluid DEX combines token swaps with lending-linked features across five chains. Its Smart Collateral design is distinctive, but check the pool costs and contract details before committing funds.

    ScoreScore 6.0 out of 10
    TVL $213M+0.1%
  14. 14
    PancakeSwap AMM V3 logo

    PancakeSwap AMM V3

    DEXes · BNB Chain, Ethereum, Base +8

    PancakeSwap AMM V3 is a multichain decentralized exchange for swapping tokens and providing liquidity. Check the selected pool’s fees, network and risks before trading.

    ScoreScore 5.8 out of 10
    TVL $686M−1.2%
  15. 15
    SushiSwap V3 logo

    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.

    ScoreScore 5.8 out of 10
    TVL $39.4M+3.7%
  16. 16
    Yellow logo

    Yellow

    DEXes · Polygon, Linea, Ethereum +1

    Yellow is trading and settlement infrastructure for apps, brokers and venues—not a ready-made exchange for most retail traders. Its off-chain clearing may reduce on-chain transfers, but fee amounts and independent security details need checking.

    ScoreScore 5.8 out of 10
    TVL $70.1K−0.8%
  17. 17
    Pancakeswap Token logo

    Pancakeswap Token

    DEXes · BNB Chain, Ethereum

    PancakeSwap is an active multichain DEX for swapping tokens and using DeFi products from a connected wallet. Check the current network, pool, and transaction costs before signing anything; exact fees and audit coverage aren’t established here.

    ScoreScore 5.8 out of 10
    TVL —
  18. 18
    Balancer V3 logo

    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.

    ScoreScore 5.7 out of 10
    TVL $11.2M−18.1%
  19. 19
    Stabull Finance logo

    Stabull Finance

    DEXes · Polygon, Base, Ethereum

    Stabull is a multi-chain DEX for stablecoin and tokenized-asset swaps, but exact fees, audit details and oracle safeguards need checking before you use it.

    ScoreScore 5.7 out of 10
    TVL $17.9K+0.1%
  20. 20
    Poolside logo

    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.

    ScoreScore 5.6 out of 10
    TVL $32.6K−1.2%
  21. 21
    Frax Swap logo

    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.

    ScoreScore 5.5 out of 10
    TVL $8.05M−3.0%
  22. 22
    Angstrom logo

    Angstrom

    DEXes · Ethereum

    Angstrom is an Ethereum DEX built on Uniswap V4 that aims to route arbitrage value to traders and liquidity providers. Its fee schedule and security evidence need closer checking before you commit funds.

    ScoreScore 5.5 out of 10
    TVL $5.12M−3.7%
  23. 23
    Clipper logo

    Clipper

    DEXes · Ethereum, Base, Optimism +5

    Clipper is a multi-chain DEX designed to offer competitive prices on smaller trades. Its fee details and audit scope are unclear, so compare quotes and check the contracts before swapping or providing liquidity.

    ScoreScore 5.5 out of 10
    TVL $752K−0.6%
  24. 24
    DeGate logo

    DeGate

    DEXes · Ethereum, Solana, Base +2

    DeGate is now presented as a multichain self-custody wallet for crypto and tokenized stocks. Its gas handling and supported chains may be convenient, but fees, stock rights and wallet-specific security details need checking before you fund it.

    ScoreScore 5.3 out of 10
    TVL —
  25. 25
    ShibaSwap V1 logo

    ShibaSwap V1

    DEXes · Ethereum, Shibarium

    ShibaSwap V1 is a Shiba Inu ecosystem DEX for swaps, liquidity provision and staking. Its published 0.3% swap fee is clear; contract and reward details need closer checking before you commit funds.

    ScoreScore 5.2 out of 10
    TVL $5.31M−2.2%

DEXes on Ethereum: the numbers

Tracked
151
Reviewed
151
Total TVL
$4.78B
Avg. score
4.9/10

SkyBitcoins tracks 151 DEXes on Ethereum. Every one of them has a full review. The 115 that report TVL hold $4.78B between them, counting value on every chain they support. Uniswap V3 is the clear leader, holding 32% of it. The top five account for 93%, while the median DEX holds $270K.

Ranked by TVL, Uniswap V3 ($1.51B), Uniswap V4 ($1.18B) and Uniswap V2 ($865M) lead the field. On SkyBitcoins scores, Uniswap ranks first at 7.4/10, ahead of Uniswap V2 (7.2) and Uniswap V3 (7.1). The 66 rated DEXes average 4.9/10, and none scores 8 or above yet.

Beyond Ethereum, these DEXes most often also run on BNB Chain (59), Arbitrum (49) and Polygon (47). Of the 96 with a confirmed status, 88 are active and 8 are inactive or wound down. Over the last seven days, combined TVL fell 1.7%. Chainflip AMM gained the most (+22.4%), while Balancer V3 dropped the most (−18.1%).

Largest by TVL

  1. 1Uniswap V3 logoUniswap V3$1.51B
  2. 2Uniswap V4 logoUniswap V4$1.18B
  3. 3Uniswap V2 logoUniswap V2$865M
  4. 4PancakeSwap AMM V3 logoPancakeSwap AMM V3$686M
  5. 5Fluid DEX logoFluid DEX$213M

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 Ethereum by TVL?

Uniswap V3 is the largest DEX on Ethereum 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 Ethereum has the highest SkyBitcoins score?

Uniswap has the highest score at 7.4/10, ahead of Uniswap V2 (7.2) and Uniswap V3 (7.1). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.

How many DEXes on Ethereum has SkyBitcoins reviewed?

SkyBitcoins tracks 151 DEXes on Ethereum. Of these, 151 have a full review and 115 report value locked, $4.78B in total, counting value on every chain they support.

Which DEXes on Ethereum grew the most this week?

Among DEXes with at least $1M locked, Chainflip AMM had the biggest 7-day TVL gain (+22.4%) and Balancer V3 the biggest drop (−18.1%). Combined TVL moved −1.7% over the same seven days.

What is the average score for DEXes on Ethereum?

The 66 rated DEXes on Ethereum average 4.9 out of 10. Of these, 0 score 8 or higher and 31 score below 5.