Best of · Monad · Updated
The best DEXes on Monad in 2026
We track 25 DEXes that run on Monad and have reviewed 18 of them in full. Our top pick is Uniswap V2. Each one is scored on security, ease of use, fees and features.
Ranked list
- 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.
ScoreScore 7.2 out of 10TVL $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.
ScoreScore 7.1 out of 10TVL $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.
ScoreScore 7.1 out of 10TVL $1.18B+1.9% - 4
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 10TVL $3.25M−5.2% - 5
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 10TVL $686M−1.2% - 6
Mento V3
DEXes · Monad, Celo
Mento V3 is an onchain FX DEX for swapping stablecoins at oracle-based exchange rates. Its fixed-price approach may suit currency swaps, but check the displayed fee and the risks of the specific tokens and contracts before swapping.
ScoreScore 5.8 out of 10TVL $4.33M+1.3% - 7
Lunarbase
DEXes · BNB Chain, Base, Monad
Lunarbase is a DEX that uses offchain market pricing for onchain swaps, reached through aggregators and wallets. Its pricing model is unusual, but public details on fees, custody and audits are limited.
ScoreScore 5.8 out of 10TVL $120K+5.9% - 8
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 10TVL $11.2M−18.1% - 9
Kuru CLOB
DEXes · Monad
Kuru is a Monad-based decentralized exchange with an on-chain order book and a smart liquidity aggregator. Its trading tools are visible, but fees, audit scope and several important protections are not published here, so check them before trading.
ScoreScore 5.6 out of 10TVL $1.54M+178% - 10
Hanji Protocol
DEXes · Etherlink, Base, Monad
Hanji is an on-chain order-book DEX with LP vaults on Etherlink, Base and Monad. Maker fees are advertised as zero, but taker fees, audits and key safety details are not clearly published.
ScoreScore 5.4 out of 10TVL $1.04M+2.7% - 11
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.
ScoreScore 5.2 out of 10TVL $9.33M−3.2% - 12
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.
ScoreScore 5.2 out of 10TVL $131K−13.3% - 13
Swaap Maker V2
DEXes · Polygon, Arbitrum, Ethereum +8
Swaap Maker V2 is an algorithmic automated market maker for onchain trading and liquidity provision. Its research-led approach is clear, but pool fees, current liquidity and audit details need checking before you use it.
ScoreScore 5.1 out of 10TVL $43.2K−90.2% - 14
iZiSwap
DEXes · zkSync Era, Scroll, Zetachain +27
iZiSwap is a multi-chain decentralized exchange built around a discretized-liquidity AMM. It may suit you if it supports the network and tokens you need, but check swap costs and contract risks before approving a transaction.
ScoreScore 4.8 out of 10TVL $1.54M−1.6% - 15
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.
ScoreScore 4.8 out of 10TVL $1.03M−0.4% - 16
Atlantis DEX
DEXes · Monad
Atlantis DEX is a Monad-based DeFi terminal that advertises swaps, liquidity tools and yield features. Fees, wallet support and the scope of its listed audits need checking before you connect funds.
ScoreScore 4.8 out of 10TVL $89.9K−5.2% - 17
Capricorn
DEXes · Monad
Capricorn is a Monad DEX built around concentrated liquidity and oracle-driven pricing. Its fee schedule, audit status and wallet support need checking before you trade or provide liquidity.
ScoreScore 4.5 out of 10TVL $352K−15.7% - 18
Clober Liquidity Vault
DEXes · Monad, Base
Clober Liquidity Vaults let you deposit into on-chain market-making strategies, but an exploit reported in 2024 makes contract risk a central concern. Check the vault’s terms and withdrawal controls before depositing.
ScoreScore 3.2 out of 10TVL $28.8K−10.3% - 19
Joe V2.2
DEXes · Avalanche, Arbitrum, Monad
Joe V2.2 is LFJ’s Liquidity Book DEX, with liquidity-range controls and onchain incentives. Fees and audit details are not clear enough to assess before using it.
ScoreNot rated yetTVL $2.25M+0.2% - 20
Monday Trade Spot
DEXes · Monad
Monday Trade is a Monad DEX offering spot, perpetuals and RWAs. Public details are too limited to assess its fees, custody or how its listed audits apply.
ScoreNot rated yetTVL $94.8K−1.1% - 21
Nabla Finance
DEXes · Arbitrum, Base, Berachain +2
Nabla Finance is a yield protocol built around an automated market maker. The basic product and supported chains are identifiable, but there is too little detail to judge its costs or how safely to use it.
ScoreNot rated yetTVL $38.5K−8.9% - 22
zkSwap V3
DEXes · zkSync Era, Sonic, Monad
zkSwap V3 is a multichain decentralized exchange built around a “Swap-to-Earn” model. Public details are too limited to assess its fees, security or how to use it safely.
ScoreNot rated yetTVL $28.9K−32.1% - 23
Skate AMM
DEXes · BNB Chain, Robinhood Chain, Solana +12
Skate AMM is a cross-chain AMM designed around shared liquidity and one pricing curve, but its public details are too sparse to judge fees, safety or how to start using it.
ScoreNot rated yetTVL $27.9K−1.0% - 24
Zaros
DEXes · Arbitrum, Monad
Zaros was a perpetual-trading DEX with a ZRS token, but it reportedly ceased operations in May 2025 after its team said funds were depleted. Treat it as inactive unless you can verify it is operating again.
ScoreNot rated yetTVL — - 25
Madness Finance
DEXes · Monad
Madness Finance is a dexes project on Monad. Its team publishes little about how it works, what it costs or how funds are secured, so treat it with care.
ScoreNot rated yetTVL —
DEXes on Monad: the numbers
- Tracked
- 25
- Reviewed
- 25
- Total TVL
- $4.27B
- Avg. score
- 5.5/10
The SkyBitcoins index lists 25 DEXes on Monad. Every one of them has a full review. The 23 that report TVL hold $4.27B between them, counting value on every chain they support. Uniswap V3 is the clear leader, holding 35% of it. The five largest make up 99% of the total; the median is $1.04M.
Ranked by TVL, Uniswap V3 ($1.51B), Uniswap V4 ($1.18B) and Uniswap V2 ($865M) lead the field. On SkyBitcoins scores, Uniswap V2 ranks first at 7.2/10, ahead of Uniswap V3 (7.1) and Uniswap V4 (7.1). The 18 rated DEXes average 5.5/10, and none scores 8 or above yet.
Beyond Monad, these DEXes most often also run on Base (14), Arbitrum (14) and BNB Chain (11). All 23 with a confirmed status are active. In the past week, total value locked fell 1.9%. Kuru CLOB gained the most (+178%), while Balancer V3 dropped the most (−18.1%).
Largest by TVL
- 1
Uniswap V3$1.51B
- 2
Uniswap V4$1.18B
- 3
Uniswap V2$865M
- 4
PancakeSwap AMM V3$686M
- 5
Balancer V3$11.2M
Highest rated
- 1
- 2
- 3
- 4
WOOFi Swap6.3
- 5
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.
Guides
Related guides
Blockchain
How to Use Base: A Practical Guide for 2026Base is an Ethereum Layer 2 that lets you use compatible wallets and apps with ETH for gas. Learn how to set up a wallet, move funds, estimate costs and avoid common risks.
Frequently asked questions
What is the largest DEX on Monad by TVL?
Uniswap V3 is the largest DEX on Monad 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 Monad 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 Monad has SkyBitcoins reviewed?
SkyBitcoins tracks 25 DEXes on Monad. Of these, 25 have a full review and 23 report value locked, $4.27B in total, counting value on every chain they support.
Which DEXes on Monad grew the most this week?
Among DEXes with at least $1M locked, Kuru CLOB had the biggest 7-day TVL gain (+178%) and Balancer V3 the biggest drop (−18.1%). Combined TVL moved −1.9% over the same seven days.
What is the average score for DEXes on Monad?
The 18 rated DEXes on Monad average 5.5 out of 10. Of these, 0 score 8 or higher and 5 score below 5.