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Camelot

The ecosystem DEX for Arbitrum, built for projects launching on that chain.

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By the Orca Crypto teamUpdated 2026-09-28How we check this5 min read
The short answer

The ecosystem DEX for Arbitrum, built for projects launching on that chain. Camelot is native to Arbitrum in a way the multichain giants are not. It offers both constant product and concentrated liquidity pools, and it lets projects shape their own liquidity, with staked position NFTs, adjustable fees and incentive pools aimed at bootstrapping a new token. That makes it the venue Arbitrum projects tend to launch on, which is genuinely useful and also means a lot of what trades there is very early and very thin. Judge each pool, not the venue.

What it is

Camelot is native to Arbitrum in a way the multichain giants are not. It offers both constant product and concentrated liquidity pools, and it lets projects shape their own liquidity, with staked position NFTs, adjustable fees and incentive pools aimed at bootstrapping a new token. That makes it the venue Arbitrum projects tend to launch on, which is genuinely useful and also means a lot of what trades there is very early and very thin. Judge each pool, not the venue.

PropertyDetail
Launched2022
ModelAutomated market maker with customizable liquidity and launch tooling
ChainsArbitrum
CustodySelf custody. Your funds never leave your wallet until the swap executes
Account requiredNone. You connect a wallet

The GRAIL token

LiveCoinGecko
Price
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Market cap
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24h volume
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Rank
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Prices as of September 29, 2026, replaced by live figures as the page loads. Prices move constantly and are for orientation only.

A governance token is not the exchange, and holding one is not required to use the other.

Using it safely

  1. Reach it from a bookmark

    Type the address or use a saved bookmark. Fake front ends served through search ads are the single most common way wallets get drained.

  2. Check the network

    Your wallet and the site must be on the same chain, or your balance will appear to be zero.

  3. Verify the token contract

    For anything other than a household name, paste the contract address from an official source rather than picking from a search list.

  4. Set slippage tight

    0.1 to 0.5 percent on major pairs. If a token demands far more, that is information about the token.

  5. Approve the exact amount

    Avoid unlimited approvals where the interface lets you choose. Review old ones periodically.

  6. Read the transaction on an explorer

    Every time, at first. It builds the instinct that catches problems later.

What it costs

Two separate costs apply to every swap, and beginners often only notice one.

  • The pool fee, typically 0.01 to 1 percent depending on the pair and the tier. This goes to liquidity providers.
  • Network gas, which depends entirely on which chain you are on and has nothing to do with the DEX.

On Ethereum mainnet gas usually dominates. On Base or Solana it effectively disappears, and the pool fee is the whole cost.

Honest risk assessment

  • Smart contract risk. Even audited, heavily used contracts have been exploited before.
  • You are responsible for every approval you grant, and they persist until revoked.
  • There is no support, no reversal and no recovery for a mistake.
  • Prices come from pools, so thin liquidity means severe price impact on larger trades.
  • Anyone can list any token. A matching name and logo proves nothing.

Other places to make the same trade

Routing differs, fees differ, and the pool you get filled from differs. These cover the same ground.

Where to go next

First time on Camelot?

We can walk through it live, on a cheap network, so the first swap you do alone is actually your second.

Common questions

Who is Camelot for?
Projects launching on Arbitrum, primarily. It offers launch tooling and custom liquidity setups that a general purpose DEX does not, which is why new Arbitrum tokens often appear there first.
Is liquidity as deep as Uniswap on Arbitrum?
For major pairs, generally not. For newly launched Arbitrum native tokens it is often the deepest or the only venue.
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