Balancer Alternatives: Similar DEX Protocols Compared

Balancer carries a risk grade of C (49/100) and ranks #103 of 111 rated DEX protocols. Below are 110 DEX protocols ranked by safety — from safest to riskiest. 102 of these protocols score lower (safer) than Balancer, and 8 score higher (riskier).

The single safest alternative is Phoenix (A-, 15/100 — 34 points safer than Balancer). See the Balancer vs Phoenix comparison to weigh the tradeoffs.

Current Protocol

Balancer

DEX

Risk

Value

C+

TVL

$81M

Safety analysis →Investment analysis →

AlternativeRiskValueTVL

PhoenixSafer

A-

D+

$6,000

QuickSwap DEXSafer

B+

D-

$443M

Uniswap V2Safer

B+

$962M

Stellar DEXSafer

B+

C+

$25M

Uniswap V3Safer

B+

$1.7B

XRPL DEXSafer

C+

$37M

CamelotSafer

B-

$20M

DeepBook V3Safer

C-

$16M

LoopringSafer

C-

$11M

PancakeSwapSafer

B-

$1.7B

PancakeSwap StableSwapSafer

$17M

Shadow ExchangeSafer

C+

$2M

SUNSwap V2Safer

D+

$240M

Velodrome V3Safer

$27M

AmbientSafer

$3M

Balancer V3Safer

$81M

Curve FinanceSafer

$1.8B

SwapXSafer

$104,000

Trader JoeSafer

$21M

VelodromeSafer

B-

$27M

ApeSwap AMMSafer

$12M

CoW ProtocolSafer

C+

$50M

LumenSwapSafer

$7M

SpookySwapSafer

$1M

Turbos FinanceSafer

C-

$4M

Aftermath FinanceSafer

C-

$4M

Frax SwapSafer

C-

$14M

OrcaSafer

C+

$260M

OsmosisSafer

C+

$16M

PancakeSwap InfinitySafer

$68M

SUNSwap V3Safer

C-

$176M

Velodrome V2Safer

C+

$17M

FlowX FinanceSafer

B-

C-

$584,000

Joe DEXSafer

B-

C-

$14M

Verus MarketSafer

B-

D+

$23M

ChainflipSafer

B-

$1M

Katana DEXSafer

B-

D+

$11M

Merchant MoeSafer

B-

$355,000

Aquarius StellarSafer

B-

C-

$52M

EkuboSafer

B-

$35M

KodiakSafer

B-

$32M

PancakeSwap AMM V3Safer

B-

C+

$320M

Rhea DexSafer

B-

D+

$23M

SaucerSwap V1Safer

B-

D+

$12M

Swaap Maker V2Safer

B-

D+

$8M

Manifest TradeSafer

B-

D-

$18M

Maverick ProtocolSafer

B-

$1M

AerodromeSafer

B-

$196M

Aerodrome V1Safer

B-

C+

$129M

AstroportSafer

B-

C-

$10M

Etherex CLSafer

B-

C-

$4M

Hydration DEXSafer

B-

D+

$34M

SyncSwapSafer

B-

$13M

Uniswap V4Safer

B-

$708M

1inchSafer

B-

$3M

Beets (Beethoven X)Safer

B-

C+

$1M

ByrealSafer

B-

D+

$14M

FstSwapSafer

B-

$12M

Meteora DAMM V2Safer

B-

C+

$30M

MinswapSafer

B-

C-

$33M

Hydrex IntegralSafer

C+

D+

$8M

LighterSafer

C+

D-

—

Valantis STEXSafer

C+

D+

$17M

DefiTuna AMMSafer

C+

$493,000

DODO AMMSafer

C+

$14M

Gala SwapSafer

C+

D+

$8M

MeteoraSafer

C+

C-

$286M

Meteora DAMM V1Safer

C+

$21M

Pharaoh V3Safer

C+

B-

$42M

SaucerSwap V2Safer

C+

C-

$27M

STON.fiSafer

C+

$25M

SushiSwapSafer

C+

$46M

ThenaSafer

C+

$200M

RaydiumSafer

C+

$1.0B

SushiSwap V3Safer

C+

D-

$60M

JupiterSafer

C+

B-

$11

MerlinSwapSafer

C+

D-

$9M

ThalaSafer

C+

D+

$12M

VVS StandardSafer

C+

D+

$119M

Blackhole CLMMSafer

C+

$27M

Futarchy AMMSafer

C+

$12M

Project XSafer

C+

D-

$45M

SUNSwap V1Safer

C+

C-

$65M

Bluefin SpotSafer

C+

D+

$20M

Hyperliquid Spot OrderbookSafer

C+

$156M

KumbayaSafer

C+

$51M

Nado SpotSafer

C+

D+

$58M

PumpSwapSafer

C+

C-

$207M

Ring FewSafer

C+

C-

$41M

SparkDex V3Safer

C+

C-

$7,000

Yield BasisSafer

C+

$167M

HyperionSafer

C+

C-

$23M

MomentumSafer

C+

C-

$9M

Chainge FinanceSafer

D+

$13M

DswapSafer

$91M

Saphyre V3Safer

D-

$15M

Fjord FoundrySafer

$30M

SerumSafer

$15M

Agni FinanceSafer

$23M

100

Bancor V3Safer

D-

$20M

101

IDEX V1Safer

D+

$38M

102

Magma FinanceSafer

C-

$130,000

103

Orderly Network

C+

$305,000

104

PulseX V1

D-

$25M

105

WOOFi

D+

$4M

106

Balancer V2

C-

D-

$37M

107

PulseX V2

C-

D-

$20M

108

ALEX Lab

C-

$907,000

109

Cetus Protocol

D+

D-

$33M

110

THORChain

B-

$75M

Is Balancer safe?Is Balancer a good investment?Balancer risk profile →