Stellar DEXs & AMMs
Decentralized exchanges and automated market makers on Stellar and Soroban, with liquidity venues, aggregators and the contracts behind them.
Decentralized exchanges and automated market makers on Stellar and Soroban, with liquidity venues, aggregators and the contracts behind them.

Aquarius (AQUA) is a DeFi liquidity layer and AMM on Stellar/Soroban running stable and volatile AMM liquidity pools with multihop swaps where liquidity providers earn fees plus AQUA reward yield, and incentivizes market-making on the native Stellar DEX. Locking AQUA mints ICE; upvoteICE votes direct AQUA rewards to markets, and governICE votes on governance proposals without rewards.

Soroswap is the first decentralized exchange (DEX) and DEX aggregator on Stellar Soroban, live on mainnet. It is an open-source AMM for swapping tokens and providing liquidity. Its Aggregator API prices the Soroban venues Soroswap AMM, Aquarius, SushiSwap V3 and Comet, can split one trade across them in a single transaction through its Aggregator v3 contract, and quotes the Stellar classic DEX (SDEX) as a separate classic path payment when asked to.

Phoenix DeFi Hub is an SCF-funded AMM-based DEX on Stellar/Soroban (PHO token). It runs constant-product and stableswap liquidity pools where liquidity providers add liquidity to earn fees and staking rewards, with a Factory for creating pools and multi-hop routing for on-chain token swaps. Soroswap's Aggregator v3 contract defines a Phoenix hop type, but Phoenix is not in the venue list of Soroswap's Aggregator API (checked 2026-11-04).

Lumenswap is a decentralized exchange built on the Stellar network, enabling users to swap and trade assets through a user-friendly interface. It leverages Stellar's scalability and low fees to provide fast, cost-effective transactions, and supports popular wallets like Rabet, Freighter, and Albedo for seamless accessibility.

Hoops Finance is a DeFi platform on Stellar that simplifies liquidity, analytics, and on-chain access for users and builders. It combines real-time data, smart accounts, and aggregation to make DeFi clearer, safer, and easier to use.

StellarTerm is an open-source, self-custodial web trading client for the native Stellar DEX (SDEX). It offers an order-book trading interface with market data and charts, lets users send, receive, and trade Stellar assets directly on-chain, and supports trustlines, multisignature, and Ledger/Trezor hardware wallets. Built by Ultra Stellar.

SwiftEx is a multi-chain DEX powered by Stellar, offering low fees, fast settlement, and a seamless CEX-like experience with full user control.

Stellarport is a non-custodial wallet, decentralized exchange (DEX), and anchor for the Stellar network, enabling secure storage, trading, and fiat-to-crypto integration for digital assets.

RaumFi DEXempowers seamless token swap through an AMM while offering insights and metrics via uniquely designed dashboard.

Balanced is a front end for SODAX, no longer a protocol: its trades are intent-based cross-chain swaps filled through SODAX, and its app also offers cross-chain transfers and a money market through SODAX, with Stellar among its chains. Its DAO removed governance and stopped BALN inflation in November 2025, BALN holders can migrate to SODA, and bnUSD has a new version from Balanced's move to the SODAX stack.

A decentralized, cross-chain protocol for stablecoin bridging and exchange.

Decentralized perpetual trading protocol on Stellar, offering leveraged futures trading with on-chain settlement and liquidity pools.

AI-powered multi-chain platform combining a trading terminal, KOL campaign engine, and no-code token launchpad, with Stellar DEX integration for token creation, promotion, and trading.

StellarX is a decentralized trading platform built on the Stellar network, enabling users to trade a wide range of assets directly from their wallets. It offers access to Automated Market Makers (AMMs) for liquidity provision and supports seamless on and off-ramp services for various cryptocurrencies.
The cutest AMM in Stellar

First decentralized Launchpad on Stellar with SocioFi features, community quests and engagement tools with Soroban integration.

LI.FI is a cross-chain bridge and DEX aggregation protocol providing a unified API for swaps and cross-chain transfers across 60+ blockchains, including Stellar. Integrated by Robinhood Wallet, MetaMask, Phantom, and 1,000+ partners, it lets apps and wallets enable seamless multichain liquidity through a single integration.

Lunar Finance is building the execution layer for on-chain transactions: a unified meta-aggregation platform that abstracts the complexity of fragmented liquidity across blockchains and delivers optimal trade and bridging outcomes. Our vision is to become the default infrastructure for value movement across Web3. As liquidity fragments across chains, bridges, and DEXs, inefficiencies increase. Lunar solves this by aggregating all major liquidity sources and intelligently routing transactions to achieve the best price, lowest slippage, and most efficient execution path across both single-chain and cross-chain environments. We aim to power seamless interoperability, improve capital efficiency, and capture value at the execution layer as adoption scales.

A cross-network execution and liquidity system spanning 20 networks, including native Bitcoin and tokenized equities (xStocks). Wallets, DEXs, and lending protocols integrate SODAX to ship cross-network features faster and extend their reach to every network SODAX touches. SODAX is infrastructure for modern money.

Tokenized RWAs, such as funds, T-Bills or private credit products, are difficult to trade on traditional DEXs because they are regulated, fragmented and often include redemption periods. This lack of instant liquidity limits their use in DeFi, especially for lending market liquidations, margin calls or fast exits from a RWA into a stablecoin. Octarine solves this problem through RFQ-based auctions. When a user or protocol needs liquidity, selected liquidity providers compete to offer the best executable price. The winning LP takes the asset, waits for its redemption period and earns a premium, while the user receives immediate liquidity. Octarine can also accept bids from third-party protocols and structure dedicated liquidity facilities, increasing available depth and price quality without leaving capital idle. On Stellar, Octarine aims to deploy this liquidity layer for tokenized assets and enable faster and deeper secondary RWA markets.

LumAgg is a liquidity aggregator for Stellar’s Soroban DEX ecosystem. It discovers prices across Soroswap, Aquarius (volatile, stable, and CLMM), Phoenix, Sushi V3, Comet, and Stellar Classic DEX, then returns the best route—including split execution across multiple venues in a single atomic swap.

Non-custodial Stellar wallet available across iOS, Android, macOS, Web, and Telegram. Supports asset management, payments, swaps, Stellar DEX trading, liquidity pools, multi-signature flows, and fiat on/off-ramps via MoneyGram and CCTP. Features over 19,800 wallets and 73,000+ tracked Stellar assets.

Institutional stablecoin liquidity layer, featuring StableSwap invariant curves for near-zero slippage swaps, composable multi-token vaults supporting up to 5 assets, and Soroban-native atomic multi-hop routing.

Sushi (formerly SushiSwap) is a multi-chain DeFi super app offering AMM-based token swaps, perpetuals trading, and liquidity provision. One of the most established DeFi protocols in the space, Sushi is now live on Stellar, bringing battle-tested decentralized exchange infrastructure with 5-second finality and sub-cent transaction fees.