DEXs evaluated across security & track record, and decentralization & trust-minimization.
Uniswap
#1 of 12 · published ranking
Uniswap
84ChainChoice Score
4199
Why it leads
28 points ahead of PancakeSwap on the criteria block (30 vs 19.1 points), which this pool scores whole rather than per criterion
Cost
Not priced· No comparable price is published
No provider can pay for a position in this table. The code that computes this order cannot read which links earn us a commission, and every build proves it. Every score below rebuilds from the published criteria.Ranking 2026.07 · 2 criteria · 12 products · same inputs, same order
Personal comparison
DEXs ranked comparison
No comparable price is published; ranking still uses verified product evidence.
Commission: This provider pays ChainChoice nothing for this link. Disclosure
Crypto products are high risk. Check the provider is authorised where you live before you deposit.
5 more assessed and ranked below — none of them hidden for commercial reasons.
Ranking blindCommercial terms excludedDated primary sourcesCrypto products are high risk. Check the provider is authorised where you live before you deposit.
Ranked on 2 published criteria weighted 60/40, which set goal alignment — 30 of the 86 points. The rest: regional access 20, evidence depth 18, ease of use 10, institutional trust 8. Profile match is shown in breakdowns but carries no weight.
Audit
Infrastructure
Methodology
2026.09.15
published 2026-09-16
Providers tracked
980+
across 119 categories
Last verified
2026-09-13
newest dated pricing or sentiment read
Named on the roster
2 people
managing directors · 6 automated processes
Decision guide
What matters most before choosing in this category
The best DEX depends on what you weight and where you trade: Uniswap has the only immutable-core contracts here and the longest exploit-free track record; Curve gives the lowest slippage for stablecoins; single-chain leaders like Aerodrome (Base) or Raydium (Solana) dominate their own chains. We rank on the two universal quality signals — security & track record and decentralization — and show AMM model, chains and TVL as context so you can pick for your use case.
What matters most before choosing in this category
The best DEX depends on what you weight and where you trade: Uniswap has the only immutable-core contracts here and the longest exploit-free track record; Curve gives the lowest slippage for stablecoins; single-chain leaders like Aerodrome (Base) or Raydium (Solana) dominate their own chains. We rank on the two universal quality signals — security & track record and decentralization — and show AMM model, chains and TVL as context so you can pick for your use case.
Are you swapping volatile pairs (Uniswap) or stablecoins/pegged assets (Curve)?
Which chain are you on — some DEXs dominate a single chain (Aerodrome on Base, Raydium on Solana)?
Do you require immutable, non-upgradeable contracts, or is an upgradeable governed protocol acceptable?
Current editor lead
Expert review and scoring weights
Uniswap
UniswapData checked Sep 2026
The reference AMM — concentrated liquidity, immutable core, deeply audited
Uniswap pioneered the modern AMM and runs a non-upgradeable (immutable) core — the only immutable-core DEX in this set, so its contracts cannot be changed or rugged. Its v3/v4 concentrated-liquidity AMM lets liquidity providers target price ranges for far higher capital efficiency than a constant-product pool. Live since 2018 across 45 chains including Ethereum (DefiLlama count), extensively audited with no major protocol exploit, and governed by the UNI token via the Uniswap DAO.
Best forImmutable, battle-tested core contracts
Main tradeoffConcentrated-liquidity LPing carries impermanent-loss risk if you misjudge the range
Verify before signupPermanent facts (AMM model, launch year, chain count, governance, immutability, audit depth, exploit history) sourced to protocol docs + DefiLlama and dated below; live TVL is shown for context (DefiLlama, dated), never scored.
Methodology
How this category is reviewed
Reviewed on security & track record (years live, audit depth, exploit history) and decentralization (immutable vs upgradeable vs admin-controlled) — permanent facts, sourced and dated. AMM model, chain reach and live TVL (DefiLlama, dated) are shown for context, not scored — which AMM is best is use-case-dependent, and TVL measures adoption, not the permanent quality facts we rank on.
The order on this page is the published ranking for this category. Every criterion, weight and source behind it is on the methodology page.
Frequently asked
Questions people ask before choosing dexs
What is the safest DEX?
Safety on a DEX comes from how long it has run without a major exploit, the depth of its audits, and whether its core contracts are immutable (cannot be changed or rug-pulled) or upgradeable by an admin/governance. We score exactly those permanent facts — security & track record and decentralization — and record every major exploit in a protocol's history honestly (e.g. Curve's 2023 Vyper bug). Uniswap's immutable, extensively-audited, exploit-free core leads on this.
Why is TVL not in the ranking?
Live TVL measures how much capital a DEX holds — adoption, not safety. A protocol can be huge and still have had an exploit. So we show live TVL for context (DefiLlama, dated) but rank on the permanent quality facts — security and decentralization. Which AMM model is best is also shown but not scored, because it is use-case-dependent.
Which AMM model should I pick?
Concentrated liquidity (Uniswap v3, Maverick) is the most capital-efficient for active LPs but carries range/impermanent-loss risk; stableswap (Curve) gives the lowest slippage for pegged assets; weighted pools (Balancer) allow custom multi-token exposure; constant-product is the simplest. There is no single best AMM — it depends on what you trade, which is why we show the model as a fact rather than scoring it.
Not financial advice · For informational purposes only · Always do your own research
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