Kodiak V3 DEX Comparison Tool
Swaps Executed
13,000+
24-hour Volume
$5M+
Total Value Locked
$10M+
Feature Comparison
| Feature | Kodiak V3 | Uniswap V3 | SushiSwap |
|---|---|---|---|
| Underlying Chain | Berachain | Ethereum | Multiple (EVM) |
| Dual AMM | Yes (concentrated + full-range) | Concentrated only | Full-range only |
| Fiat On-Ramp | Integrated | Third-party only | Limited |
| Margin/Leverage | Available | No native | Via Kashi |
| Launchpad | Built-in | None | Launchpad (MISO) |
| TVL (Oct 2025) | $10M | $10B | $6B |
| Average Spread | 0.65% | ~0.30% | ~0.45% |
Performance Insights
Kodiak V3 Performance Metrics
- Volume Rank 83rd Percentile
- Depth Rank 82nd Percentile
- Bid-Ask Spread 0.65%
- Supported Coins 41
- Trading Pairs 71
Key Differentiators
Dual AMM Model
Kodiak V3 combines concentrated liquidity (similar to Uniswap V3) with full-range AMM for maximum capital efficiency.
Integrated Fiat Gateway
Unlike other DEXs, Kodiak V3 allows direct fiat purchases via bank transfer or credit card, bridging traditional finance with DeFi.
Vertical Integration
Beyond trading, the platform offers launchpad services, margin trading, and OTC desks - making it a comprehensive DeFi hub.
When it comes to trading on the emerging Kodiak V3 a non‑custodial decentralized exchange built on the Berachain blockchain, users get a blend of advanced AMM mechanics and native liquidity tools. The platform bills itself as the first vertically integrated liquidity hub on Berachain, and with over $10million in total value locked (TVL) it’s already showing signs of becoming the ecosystem’s trading backbone.
Key Takeaways
- Processed >13,000 swaps and $5M+ in 24‑hour volume, positioning it in the top 20% of DEXs by depth.
- Dual AMM model (concentrated + full‑range) delivers lower slippage for active traders.
- Supports fiat‑on‑ramp, credit‑card purchases, margin & leverage, and OTC desks.
- Mobile and desktop apps cover 41 coins across 71 pairs, but a steep learning curve remains for new users.
- Non‑custodial design means you control your keys, but also shoulder all security responsibilities.
What Is Kodiak V3?
Kodiak V3 operates as a decentralized exchange (DEX) on Berachain, using smart contracts to match trades without a central order book. Unlike typical centralized platforms, it never holds user funds; every trade is settled directly between wallets via on‑chain logic. The platform’s tagline - “the first vertically integrated liquidity hub on Berachain” - reflects its ambition to combine trading, liquidity provisioning, and launchpad services under one roof.
Berachain: The Underlying Network
The DEX runs on Berachain a proof‑of‑liquidity blockchain that rewards participants for supplying capital to its ecosystem. Berachain’s native token, BERA, powers transaction fees and governance. Because the network is still in its growth phase, TVL on Kodiak V3 is modest compared with Ethereum‑based rivals, but the rapid 1.7% 24‑hour volume uptick suggests healthy early adoption.
Liquidity Mechanics: Dual AMM Strategy
Traditional AMMs spread liquidity uniformly across the entire price curve, which can lead to capital inefficiency. Kodiak V3 tackles this with two complementary models:
- Concentrated Liquidity - Liquidity providers (LPs) allocate funds within a chosen price range, similar to UniswapV3. This concentrates capital where it’s most needed, slashing slippage for traders.
- Full‑Range AMM - For assets with low volatility or for LPs who prefer a hands‑off approach, the platform also offers a full‑range pool that distributes liquidity across every possible price.
Both pools coexist, giving users the flexibility to pick the risk‑return profile that matches their strategy. The dual system is a key differentiator and aligns with the platform’s claim of capital efficiency.
Feature Set Beyond Spot Trading
Kodiak V3 aims to be a one‑stop shop for crypto traders:
- Fiat gateway lets users buy crypto directly with bank transfers or credit cards, reducing the friction of moving from traditional finance to DeFi.
- Margin and leverage options enable traders to amplify exposure, though they come with heightened liquidation risk.
- The Launchpad feature supports early token sales for projects launching on Berachain, giving LPs first‑mover access.
- OTC desks cater to institutional or high‑net‑worth users needing bespoke execution beyond on‑chain order books.
- Both desktop and mobile applications are available, covering Windows, macOS, iOS, and Android.
Performance Metrics at a Glance
| Metric | Value |
|---|---|
| Swaps Executed | 13,000+ |
| 24‑hour Volume | $5M+ |
| Total Value Locked (TVL) | $10M+ |
| Bid‑Ask Spread (avg.) | 0.65% |
| Order‑book Depth Percentile | 82nd |
| Supported Coins | 41 |
| Trading Pairs | 71 |
These numbers place Kodiak V3 in the 83rd percentile for volume and 82nd for depth, meaning it outperforms roughly four‑fifths of DEXs in the same timeframe.
User Experience & Security
Because the platform is non‑custodial, you must bring a Berachain‑compatible wallet such as MetaMask with a custom RPC, Keplr, or the native Kodiak app. Managing private keys is a responsibility; there is no recovery service, so users should back up seed phrases securely.
The UI is clean, with a dark‑mode toggle and quick‑swap widget. However, the concentrated‑liquidity interface can feel intimidating for newcomers-setting price ranges and understanding impermanent loss requires a solid grasp of AMM theory.
On the security front, the platform’s smart contracts have undergone audits by independent firms (details disclosed on the official docs). No major exploits have been reported to date, but as with any DeFi protocol, bugs can surface as the code evolves.
How Does Kodiak V3 Stack Up Against Major DEXs?
| Feature | Kodiak V3 | Uniswap V3 | SushiSwap |
|---|---|---|---|
| Underlying Chain | Berachain | Ethereum | Multiple (EVM) |
| Dual AMM | Yes (concentrated+full‑range) | Concentrated only | Full‑range only |
| Fiat On‑Ramp | Integrated | Third‑party only | Limited |
| Margin/Leverage | Available | No native | Via Kashi |
| Launchpad | Built‑in | None | Launchpad (MISO) |
| TVL (Oct2025) | $10M | $10B | $6B |
| Average Spread | 0.65% | ~0.30% | ~0.45% |
The comparison shows Kodiak V3’s niche: it offers a richer feature set on a newer chain, but its scale lags behind Ethereum giants. For traders already involved in Berachain projects, the integrated fiat gateway and launchpad can be decisive.
Pros, Cons, and Who Should Use It
- Pros
- Dual AMM design improves capital efficiency.
- Fiat and credit‑card on‑ramps lower entry barriers.
- Margin, OTC, and launchpad features target power users.
- Non‑custodial nature aligns with DeFi ethos.
- Cons
- Limited TVL compared with major DEXs; price impact can rise on larger trades.
- Steep learning curve for concentrated‑liquidity provisioning.
- Reliance on Berachain means network‑specific risk (e.g., validator centralization).
- Community feedback and public reviews are still sparse.
- Best For
- Developers and investors already building on Berachain.
- LPs who want to fine‑tune capital placement.
- Traders seeking integrated fiat access without leaving the DEX.
Final Verdict
If you’re hunting for a DEX that blends advanced AMM mechanics with a suite of on‑chain services, Kodiak V3 delivers a compelling package-especially within the Berachain ecosystem. The platform’s dual AMM, fiat gateway, and launchpad give it an edge over generic Ethereum DEXs for niche users. However, newcomers should brace for a learning curve and accept that liquidity depth is still modest. In short, treat Kodiak V3 as a specialized tool for Berachain enthusiasts rather than a universal replacement for Uniswap or SushiSwap.
Frequently Asked Questions
Is Kodiak V3 safe to use?
Safety largely depends on two factors: the security of the underlying smart contracts (which have been audited) and the user’s own wallet hygiene. Since the platform is non‑custodial, you keep full control of private keys. Use hardware wallets or reputable software wallets and keep seed phrases offline.
Can I trade directly with fiat on Kodiak V3?
Yes. The built‑in fiat gateway lets you purchase supported Berachain tokens via bank transfers or credit cards, then instantly swap them on the DEX. Availability varies by jurisdiction, so check the platform’s compliance page for your country.
What is the difference between concentrated and full‑range liquidity?
Concentrated liquidity lets LPs lock funds inside a specific price band, which can increase fee earnings when the market trades within that band. Full‑range liquidity spreads capital across the entire price curve, providing constant coverage but lower fee efficiency.
Do I need a Berachain‑compatible wallet?
Yes. Kodiak V3 requires a wallet that can interact with the Berachain network. Popular choices include MetaMask (with a custom RPC endpoint), Keplr, or the native Kodiak mobile app, which includes an integrated wallet.
Is there a roadmap for future features?
The team publicly shares updates on their Discord and official docs. Upcoming milestones mention deeper cross‑chain bridges, expanded leverage options, and a governance token rollout to align incentives for LPs and traders.
Rachel Kasdin
November 20, 2024 AT 03:54Kodiak V3 is a solid step forward for US crypto innovators, showing that we can build world‑class DEXs without leaning on foreign chains. The dual AMM model screams efficiency, and it’s high time American developers got the credit they deserve.
Noel Lees
November 25, 2024 AT 22:48The integrated fiat on‑ramp on Kodiak V3 cuts the onboarding friction for newcomers 🙌. Combining concentrated and full‑range liquidity means traders can optimize capital allocation on the fly. Margin trading adds a layer of flexibility, but users must monitor liquidation thresholds closely. The platform’s UI feels crisp on both desktop and mobile, making swaps feel instantaneous. Overall, the feature set positions Kodiak as a serious contender on Berachain.
Raphael Tomasetti
December 1, 2024 AT 17:41Dual AMM stacks concentrated and full‑range pools, boosting fee accrual per capital unit.
Jenny Simpson
December 7, 2024 AT 12:34While everyone waxes poetic about Uniswap’s dominance, Kodiak V3 quietly usurps the spotlight on Berachain. Its fiat gateway could be a double‑edged sword, pulling fiat into a still‑young ecosystem. The launchpad integration feels like a gimmick unless genuine projects adopt it. Still, the platform’s ambition is unmistakable.
Sabrina Qureshi
December 13, 2024 AT 07:28Kodiak V3’s performance metrics are undeniably impressive!!! Over $5M in 24‑hour volume, $10M+ TVL, and a 0.65% average spread showcase a platform that’s not just a prototype, it’s a live, bustling marketplace. The dual AMM architecture offers both concentrated liquidity for power traders and full‑range pools for passive LPs, effectively covering the entire user spectrum. Integrated fiat on‑ramp eliminates the traditional crypto‑to‑fiat bottleneck, letting newcomers dive straight in with a credit card or bank transfer. Margin and leverage options provide extra firepower, but they also introduce heightened liquidation risk – a double‑edge that serious traders must respect. The built‑in launchpad could become a launchpad for the next wave of Berachain projects, assuming the ecosystem gains enough traction. Security-wise, audited contracts mean the code has been scrutinized, yet the non‑custodial nature still places full key‑management responsibility on users. The UI, with its dark‑mode toggle and quick‑swap widget, feels polished, though the concentrated‑liquidity UI can intimidate beginners. Overall, Kodiak V3 positions itself as a comprehensive DeFi hub, marrying trading, liquidity provision, and project incubation under one roof.
CJ Williams
December 19, 2024 AT 02:21Great stuff on Kodiak V3! 🎉 The fiat gateway is a game‑changer for the everyday user, and the dual AMM gives LPs flexibility – you can go full‑range if you want, or concentrate capital where the action is. Remember to keep your seed phrase safe; a lost phrase = lost funds. The margin feature adds excitement, but don’t over‑leverage – it can get risky fast. Overall, a solid addition to the Berachain ecosystem, and the UI feels smooth on both desktop and mobile! 🚀
mukund gakhreja
December 24, 2024 AT 21:14Kodiak V3 tries to be everything, but you can’t please all – the fiat on‑ramp is a neat gimmick and the dual AMM is just marketing fluff.
Michael Ross
December 30, 2024 AT 16:08The platform offers a decent set of tools for those already familiar with DeFi.
Marie Salcedo
January 5, 2025 AT 11:01Kodiak V3 looks promising for new users thanks to its easy fiat onboarding.
Fionnbharr Davies
January 11, 2025 AT 05:54Balancing the dual AMM approach gives both seasoned LPs and newcomers a path to earn fees without overcomplicating the UI. The integrated fiat gateway could accelerate adoption, especially in markets where crypto‑to‑fiat bridges are still nascent. However, the platform’s TVL remains modest compared to Ethereum‑based DEXs, so large‑scale traders might still gravitate to deeper liquidity pools elsewhere.
Narender Kumar
January 17, 2025 AT 00:48Pray, dear reader, that the architects of Kodiak V3 have indeed contemplated the perils of over‑extension. Their ambition to unite fiat, margin, launchpad, and OTC within a single protocol may yet prove a Sisyphean endeavor. Yet, should the dual AMM mechanism function as heralded, we might behold a new epoch of capital efficiency upon the nascent Berachain. Let us, therefore, observe with both hope and measured skepticism, for history rewards neither hubris nor indifference.
Anurag Sinha
January 22, 2025 AT 19:41Ever wonder why the powers that be keep hiding the real data about these new DEXs? Kodiak V3 claims its dual AMM is revolutionary, but the hidden fees and slippage under stress could be a trap. The fiat gateway sounds convenient, yet it may be a gateway for regulators to squeeze the ecosystem. Keep your eyes open and your keys offline – the house always wins in the end.
Latoya Jackman
January 28, 2025 AT 14:34The platform seems well‑designed, but I’ll wait for more data before jumping in.
Megan King
February 3, 2025 AT 09:28Kodiak V3’s dual AMM is a sweet addition – it lets you choose between simple full‑range pools or the more hands‑on concentrated style. The fiat on‑ramp is real handy for people who dont want to deal with other exchanges. Just make sure you double‑check the gas fees on Berachain, they can surprise you.
Keith Cotterill
February 9, 2025 AT 04:21One must first acknowledge the profound philosophical ramifications that a dual AMM model introduces into the mutable fabric of decentralized finance; it is not merely an incremental upgrade but a paradigmatic shift that challenges the very ontology of liquidity provision. By allowing liquidity providers to allocate capital within discrete price corridors whilst simultaneously maintaining a universal pool, Kodiak V3 bridges the dialectic between efficiency and accessibility. This bifurcated architecture, when examined through the lens of game theory, incentivizes asymmetrical risk‑adjusted returns, thereby catalyzing a new equilibrium in fee distribution. Moreover, the integrated fiat gateway serves as an ontological conduit, transmuting fiat vectors into cryptographic assets without the intermediation of external custodians-a move that democratizes entry points for the uninitiated. However, the platform’s nascent TVL, hovering at a modest $10 million, signifies that market depth remains susceptible to price impact, especially under large‑scale institutional orders. The embedded margin and leverage functionalities, while empowering, also embed systemic risk reminiscent of traditional financial leverage crises. As for security, audited smart contracts provide a veneer of sanctity, yet the immutable nature of blockchain code demands perpetual vigilance; vulnerabilities, once discovered, propagate irrevocably. The user interface, calibrated for both desktop and mobile, exemplifies a user‑centric design philosophy, yet the concentrated‑liquidity UI may engender cognitive overload for neophytes, potentially erecting barriers to mass adoption. In synthesis, Kodiak V3 stands at a confluence of innovation and peril, offering a robust toolkit for the discerning trader while simultaneously exposing the unprepared to a labyrinth of complexities. The ultimate success of this platform will hinge upon community adoption, regulatory clarity, and the steadfastness of its governance mechanisms.
Lana Idalia
February 14, 2025 AT 23:14Listen, Kodiak V3 is basically the future of DEXs if you ignore the hype. The dual AMM is just a fancy term for “you can pick how you want your money to sit.” Integrated fiat? Sure, that’s cool, but don’t forget you’re still on a brand‑new chain with unknown risks. Keep your private keys safe, and maybe try a small amount first.
WILMAR MURIEL
February 20, 2025 AT 18:08From a coaching perspective, Kodiak V3 offers a toolbox that can empower traders at every skill level. Beginners can start with the full‑range AMM and gain confidence without worrying about price‑range settings. As they grow, the concentrated pool provides a path to higher fee earnings by targeting active price zones. The fiat on‑ramp reduces the usual onboarding friction, making the transition from traditional finance smoother. Margin trading introduces leveraged exposure, but I always advise clients to use it sparingly and with risk controls. The launchpad feature could be the catalyst for new projects, fostering a vibrant ecosystem. Security remains paramount; audited contracts give a baseline, yet users must safeguard their seed phrases. The UI strikes a balance between simplicity and depth-dark mode, quick‑swap, and clear metrics aid decision‑making. Overall, Kodiak V3 is a promising platform if approached with disciplined strategies and a willingness to learn.
carol williams
February 26, 2025 AT 13:01Kodiak V3’s blend of features is undeniably ambitious; the dual AMM offers both simplicity and precision, catering to a broad audience. The fiat gateway might accelerate user acquisition, yet regulatory considerations could complicate cross‑border adoption. Its margin and launchpad services suggest a vision beyond a mere swapping venue, aspiring to become a full‑stack DeFi hub. Still, the relatively low TVL underscores the need for liquidity incentives to attract larger traders.
jit salcedo
March 4, 2025 AT 07:54Another “innovative” DEX-yeah, right.
Ally Woods
March 10, 2025 AT 02:48Meh, looks okay but not groundbreaking.
Kristen Rws
March 15, 2025 AT 21:41Kodiak V3 could be a good step forward for newcomers.
Lisa Strauss
March 21, 2025 AT 16:34Loving the dual AMM vibe-feels like the future!
Darrin Budzak
March 27, 2025 AT 11:28Interesting platform, will keep an eye on it.
karsten wall
April 2, 2025 AT 06:21The dual AMM model is a noteworthy technical advancement, providing both concentrated and full‑range liquidity pools which can cater to diverse strategies. The fiat on‑ramp simplifies onboarding, yet the underlying Berachain network still needs robust validator decentralization to avoid centralization risks. Overall, Kodiak V3 presents a solid suite of tools for the DeFi practitioner.
C Brown
April 8, 2025 AT 01:14Oh sure, because adding every possible feature automatically makes a DEX better-what could possibly go wrong?