Which decentralized exchanges actually stay up
Best measured: Uniswap V3 — 8.46/10 on the 100% we could measure.
Runner-up: Curve DEX — 8.34/10.
Last collection 2026-08-25: probed 252 services, measured 233, over a 90-day window. Collected by our own script, not by hand — the numbers are reproducible, and reproducibly boring.
The ranking
| # | Service | Score | TVL | Audits | Age | Chains | Latency | Status feed |
|---|---|---|---|---|---|---|---|---|
| 1 | Uniswap V3 | 8.46100% | $1.56B | 2 | 3.9y | 45 | 78 ms | none |
| 2 | Curve DEX | 8.3482% | $1.34B | 2 | — | 31 | 173 ms | none |
| 3 | PancakeSwap AMM | 8.2482% | $1.93B | 2 | — | 11 | 216 ms | none |
| 4 | Quickswap Dex | 7.9382% | $173.8M | 3 | — | 2 | 106 ms | none |
| 5 | Aerodrome Slipstream | 7.7100% | $125.4M | 3 | 2.3y | 1 | 66 ms | none |
| 6 | PancakeSwap AMM V3 | 6.3792% | $311.3M | 0 | 3.4y | 11 | 226 ms | none |
| 7 | Raydium AMM | 5.9382% | $1.11B | 0 | — | 1 | 126 ms | none |
| 8 | Fluid DEX | 5.92100% | $305.2M | 0 | 1.8y | 5 | 236 ms | none |
| 9 | SUNSwap V3 | 5.7100% | $218.7M | 0 | 2.6y | 1 | 166 ms | none |
| 10 | Meteora DLMM | 5.7100% | $217.2M | 0 | 2.5y | 1 | 64 ms | none |
| 11 | PumpSwap | 5.64100% | $337.6M | 0 | 1.4y | 1 | 58 ms | none |
| 12 | Orca DEX | 5.4982% | $262.4M | 0 | — | 2 | 119 ms | none |
| 13 | Hyperliquid Spot Orderbook | 5.34100% | $148.9M | 0 | 1.5y | 1 | 22 ms | none |
| 14 | Sanctum Infinity | 5.3100% | $195.6M | 0 | 2.4y | 1 | 1031 ms | none |
| 15 | RocketSwap Anubis | 3.98100% | $188.1M | 0 | 56d | 1 | — | none |
Every figure carries the date it was taken, on the service’s card below, linked to its open source. Score is out of what we could measure — the % next to it is coverage.
How we scored this
These weights belong to this category alone. Signature measurement here: TVL and audit coverage (DefiLlama) — On-chain venues live or die on liquidity and code safety, so TVL and audits lead.
Total value locked (DeFi), on-chain reserves (exchanges) or circulating market cap (stablecoins), from DefiLlama. Capita…
Number of published security audits with links, from DefiLlama's audit field. Not a guarantee — audited protocols still …
Time the service has been live and continuously operating, from DefiLlama's listing date or the documented launch. Survi…
Number of chains the service is deployed on, from DefiLlama. Breadth is resilience and adoption — but only a minor facto…
Median time to first byte from a public endpoint, our own probe, slowest sample discarded, single location. Scored withi…
Whether a public, machine-readable status page exists (statuspage / incident.io / instatus). A service you can audit fro…
Latency in this category is timed at the live interface for every service, so the comparison is like-for-like. We never compare latency across categories — a DEX interface and an exchange API are not the same thing, and pretending otherwise would just reward whoever we happened to probe more cheaply.
The brief also defines FEES and UX (0%, 0%). We don’t publish them: we can’t measure them ourselves, and an estimate dressed as a measurement is worse than a gap. Full methodology
The services
$1.56B in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
2 published audits with links (DefiLlama) — read the findings yourself. Audits reduce risk, they do not remove it.
Live 3.9 yr (time since DefiLlama listing (a floor on true age)). Most failures happen young, so time survived is real signal.
Deployed on 45 chains (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 78 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Status transparency: No public status page found. Nothing about its reliability can be verified from outside — including by us.
Anyone who needs to know when it breaks: no status feed, so you find out it is down by discovering it yourself.
$1.34B in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
2 published audits with links (DefiLlama) — read the findings yourself. Audits reduce risk, they do not remove it.
No documented launch or listing date to measure age from.
Deployed on 31 chains (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 173 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Status transparency: No public status page found. Nothing about its reliability can be verified from outside — including by us.
Anyone who needs to know when it breaks: no status feed, so you find out it is down by discovering it yourself.
$1.93B in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
2 published audits with links (DefiLlama) — read the findings yourself. Audits reduce risk, they do not remove it.
No documented launch or listing date to measure age from.
Deployed on 11 chains (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 216 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Status transparency: No public status page found. Nothing about its reliability can be verified from outside — including by us.
Anyone who needs to know when it breaks: no status feed, so you find out it is down by discovering it yourself.
$173.8M in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
3 published audits with links (DefiLlama) — read the findings yourself. Audits reduce risk, they do not remove it.
No documented launch or listing date to measure age from.
Deployed on 2 chains (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 106 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Status transparency: No public status page found. Nothing about its reliability can be verified from outside — including by us.
Anyone who needs to know when it breaks: no status feed, so you find out it is down by discovering it yourself.
$125.4M in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
3 published audits with links (DefiLlama) — read the findings yourself. Audits reduce risk, they do not remove it.
Live 2.3 yr (time since DefiLlama listing (a floor on true age)). Most failures happen young, so time survived is real signal.
Deployed on 1 chain (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 66 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Status transparency: No public status page found. Nothing about its reliability can be verified from outside — including by us.
Anyone who needs to know when it breaks: no status feed, so you find out it is down by discovering it yourself.
$311.3M in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Live 3.4 yr (time since DefiLlama listing (a floor on true age)). Most failures happen young, so time survived is real signal.
Deployed on 11 chains (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Measured 226 ms, but at a different surface from the rest of this category — not comparable, so shown as context, not scored.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Timed at a different surface from the rest of this category, so not a fair comparison — not scored.
Security audits: No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Anyone putting size into it: it holds funds in smart contracts with no published audit. Fine to experiment with, not to trust with a position you cannot afford to lose.
$1.11B in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
No documented launch or listing date to measure age from.
Deployed on 1 chain (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 126 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Security audits: No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Anyone putting size into it: it holds funds in smart contracts with no published audit. Fine to experiment with, not to trust with a position you cannot afford to lose.
$305.2M in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Live 1.8 yr (time since DefiLlama listing (a floor on true age)). Most failures happen young, so time survived is real signal.
Deployed on 5 chains (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 236 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Security audits: No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Anyone putting size into it: it holds funds in smart contracts with no published audit. Fine to experiment with, not to trust with a position you cannot afford to lose.
$218.7M in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Live 2.6 yr (time since DefiLlama listing (a floor on true age)). Most failures happen young, so time survived is real signal.
Deployed on 1 chain (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 166 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Security audits: No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Anyone putting size into it: it holds funds in smart contracts with no published audit. Fine to experiment with, not to trust with a position you cannot afford to lose.
Meteora DLMM
$217.2M in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Live 2.5 yr (time since DefiLlama listing (a floor on true age)). Most failures happen young, so time survived is real signal.
Deployed on 1 chain (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 64 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Security audits: No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Anyone putting size into it: it holds funds in smart contracts with no published audit. Fine to experiment with, not to trust with a position you cannot afford to lose.
PumpSwap
$337.6M in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Live 1.4 yr (time since DefiLlama listing (a floor on true age)). Most failures happen young, so time survived is real signal.
Deployed on 1 chain (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 58 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Security audits: No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Anyone putting size into it: it holds funds in smart contracts with no published audit. Fine to experiment with, not to trust with a position you cannot afford to lose.
Orca DEX
$262.4M in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
No documented launch or listing date to measure age from.
Deployed on 2 chains (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 119 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Security audits: No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Anyone putting size into it: it holds funds in smart contracts with no published audit. Fine to experiment with, not to trust with a position you cannot afford to lose.
$148.9M in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Live 1.5 yr (time since DefiLlama listing (a floor on true age)). Most failures happen young, so time survived is real signal.
Deployed on 1 chain (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 22 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Security audits: No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Anyone putting size into it: it holds funds in smart contracts with no published audit. Fine to experiment with, not to trust with a position you cannot afford to lose.
$195.6M in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Live 2.4 yr (time since DefiLlama listing (a floor on true age)). Most failures happen young, so time survived is real signal.
Deployed on 1 chain (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Median 1031 ms to first byte from the live interface, our own probe, slowest sample discarded, single location. Compared only within this category.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Security audits: No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Anyone putting size into it: it holds funds in smart contracts with no published audit. Fine to experiment with, not to trust with a position you cannot afford to lose.
$188.1M in value locked (DefiLlama). Capital is the market voting with its money — scored on a log scale, so the jump from $10M to $100M counts for more than $10B to $20B.
No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Live 56 days (time since DefiLlama listing (a floor on true age)). Most failures happen young, so time survived is real signal.
Deployed on 1 chain (DefiLlama). Breadth is a minor tie-breaker — a focused single-chain protocol can still be excellent.
Our probe could not reach it (our own probe failed: ERR_INVALID_URL). Measured from one location, so it may be a block on us — but it is what we saw.
No public status page found. Nothing about its reliability can be verified from outside — including by us.
Security audits: No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Anyone putting size into it: it holds funds in smart contracts with no published audit. Fine to experiment with, not to trust with a position you cannot afford to lose.
Who we left out, and why
We looked at 15, ranked 15.
Head to head
Questions
Why isn’t the biggest name at the top?+
Because we rank on whether a service works and can be checked, not on how big it is. Size is not a criterion here — a large service that publishes no status feed cannot demonstrate its reliability to anyone, and it scores accordingly.
What does "62% measured" mean under a score?+
It is the share of our criteria weight we actually measured for that service. The rest is n/a — we did not measure it, so its weight was redistributed across what we did measure rather than counted as zero. A high score at low coverage is a narrower claim than the same score at high coverage, and we would rather show you that than hide it.
Where do the incident numbers come from?+
From each provider's own status page, which several publish as a machine-readable feed. We compute repair time from their published report and resolution timestamps, and link the source on every figure so you can check it. It is their record — we just do the arithmetic and refuse to round it in their favour.
No affiliate links or paid placements in this section. How this is funded · Methodology