Best of

Best no-KYC crypto exchanges (2026)

For trading crypto without handing over ID, our top pick is Uniswap — traders and liquidity providers who want direct access to Uniswap pools across many EVM chains without an interface fee. Also strong: PumpSwap, Hyperliquid, Meteora.

Checked 2026-10-16 · 10 venues · method
#1 · Top pick

Uniswap

$120.4M
Fees paid by users, 30d

Traders and liquidity providers who want direct access to Uniswap pools across many EVM chains without an interface fee.

US: AvailableEthereumUnichain

Open Uniswap
#2

PumpSwap

$115.3M
Fees paid by users, 30d

Traders of pump.fun coins after graduation, and LPs in those pools.

US: AvailableSolana

Open PumpSwap
#3

Hyperliquid

$85.1M
Fees paid by users, 30d

Perps traders outside the US who want onchain order-book trading from their own wallet, with fees that drop by volume and HYPE staking.

US: Not availableHyperliquid

Open Hyperliquid — 4% off fees

Full ranking

#VenueBest forRound tripUSFees paid, 30d
1UniswapTraders and liquidity providers who want direct access to Uniswap pools across many EVM chains without an interface fee. 0% Available $120.4M Open
2PumpSwapTraders of pump.fun coins after graduation, and LPs in those pools. — Available $115.3M Open
3HyperliquidPerps traders outside the US who want onchain order-book trading from their own wallet, with fees that drop by volume and HYPE staking. 0.09% Not available $85.1M Open
4MeteoraSolana LPs who want dynamic-fee concentrated liquidity, and launchpads that need configurable bonding curves. — Not available $50.1M Open
5RaydiumSolana traders and LPs who want direct access to Raydium pools, and token creators launching through LaunchLab. — Not available $32.1M Open
6PancakeSwapBNB Chain traders and LPs who want deep v2/v3 liquidity and lower fee tiers than a 0.30% default. — Partly available $14.5M Open
7AerodromeBase traders and LPs, especially those who lock AERO to vote and earn swap fees. — Unverified $12.1M Open
8OrcaSolana traders and LPs who want a concentrated-liquidity DEX with no interface fee and a wide range of pool fee tiers. 0% Unverified $9.4M Open
9Jupiter PerpsSolana users already on Jupiter who want high-leverage SOL, ETH or BTC perps against the JLP pool. 0.12% Not available $8.0M Open
10LighterNon-US, non-UK retail perps traders who want zero trading fees and can accept slower taker execution than paid accounts. 0% Not available $5.7M Open

The picks

  1. Uniswap

    Ethereum · Unichain · Arbitrum · Arc · Avalanche · Base · BNB Chain · Celo · Ink · Linea · Megaeth · Monad · Optimism · Polygon · Robinhood Chain · Solana · Soneium · Tempo · Worldchain · Xlayer · Zksync · Zora · web, ios, android, extension · 0% round trip

    Uniswap is an automated market maker protocol (v2, v3, v4) with a web app and self-custodial wallet built by Uniswap Labs. Since 2025-12-27 Uniswap Labs charges no interface fee; traders pay the pool's LP fee plus gas.

    • Uniswap Labs has charged no interface fee on its web app, wallet or API since 2025-12-27.
    • The web app supports 22 networks including Ethereum, Base, Arbitrum, Unichain and Solana.

    Watch out: Swappers still pay pool LP fees of up to 1% on v3, and v4 pools can set any fee.

    Open Uniswap · Full Uniswap sheet

  2. PumpSwap

    Solana · web

    PumpSwap is pump.fun's native Solana AMM, where coins land when they graduate from the pump.fun bonding curve. Canonical pools charge a market-cap-tiered fee split between the coin's creator, the protocol and liquidity providers.

    • Pool fees fall as a coin's market cap grows, down to 0.30% total at the top tier.
    • Non-canonical pools charge a flat 0.30%, with 0.25% going to LPs.

    Watch out: Newly graduated coins pay 1.25% per trade in their lowest market-cap tier.

    Open PumpSwap · Full PumpSwap sheet

  3. Hyperliquid

    Hyperliquid · web · 0.09% round trip

    Hyperliquid is a layer-1 blockchain whose HyperCore layer runs fully onchain perpetual futures and spot order books, with a HyperEVM smart-contract layer alongside. It targets active perps traders who want order-book trading from a self-custodied wallet.

    • Base perps fees are 0.045% taker / 0.015% maker, falling to 0.024% / 0% at the top volume tier.
    • Staking HYPE gives a 5% to 40% fee discount, and high-share makers can earn rebates.

    Watch out: The Terms bar US and Ontario residents and prohibit VPN use to get around that.

    Open Hyperliquid — 4% off fees · Full Hyperliquid sheet

  4. Meteora

    Solana · web

    Meteora is a Solana liquidity protocol offering DLMM (bin-based concentrated liquidity with dynamic fees), DAMM v2 constant-product pools, and the Dynamic Bonding Curve (DBC) used by launchpads to launch tokens that graduate into DAMM v2 pools.

    • DLMM pools raise fees during volatility, so LPs earn more when risk is higher.
    • Standard DLMM pools pass 90% of trading fees to LPs.

    Watch out: Pool fees vary by pool and can be set very high; DAMM v2 and DBC allow up to 99%.

    Open Meteora · Full Meteora sheet

  5. Raydium

    Solana · web

    Raydium is a Solana AMM offering legacy constant-product (AMM v4), CPMM and concentrated-liquidity (CLMM) pools, plus LaunchLab, a bonding-curve token launchpad that graduates tokens into Raydium pools. Its interface is made available by the Raydium Holding Foundation.

    • AMM v4 and default CPMM/CLMM pools charge 0.25% per swap, with 84-88% going to LPs.
    • Concentrated-liquidity pools offer tiers down to 0.01% for tight pairs.

    Watch out: About $4.4M was drained in December 2022 after a pool owner key was compromised.

    Open Raydium · Full Raydium sheet

  6. PancakeSwap

    BNB Chain · Ethereum · Base · Arbitrum · Solana · Robinhood Chain · Monad · Aptos · Zksync · Linea · Opbnb · web

    PancakeSwap is a multi-chain DEX that started on BNB Chain, with v2, v3, StableSwap and Infinity (hook-based) pools. Swap fees go to LPs, the treasury and CAKE buyback-and-burn.

    • The v2 fee of 0.25% is below the 0.30% v2 fee common on Uniswap-style forks.
    • v3 offers a 0.01% tier for stable and correlated pairs.

    Watch out: Solana v3 pools can charge up to 4% per swap.

    Open PancakeSwap · Full PancakeSwap sheet

  7. Aerodrome

    Base · web

    Aerodrome is a vote-escrow (ve(3,3)) DEX on Base built by Dromos Labs. Swap fees from staked liquidity go to veAERO voters, while LPs earn AERO emissions.

    • Docs say Aerodrome launched on 2023-08-28 without VC backing or token sales.
    • Default stable-pool fee is 0.05%.

    Watch out: Pool fees can be set as high as 3%.

    Open Aerodrome · Full Aerodrome sheet

  8. Orca

    Solana · web · 0% round trip

    Orca is a Solana concentrated-liquidity AMM built on its Whirlpools program, used for token swaps, liquidity provision and pool creation. It is merging with Loopscale under the Formation name while the Orca DEX continues to operate.

    • No additional interface fee on standard swaps; the pool fee is the only trading charge.
    • Fee tiers run from 0.01% for pegged pairs to 2% for exotic pairs.

    Watch out: Terms do not list which countries are restricted, so availability by region is unclear.

    Open Orca · Full Orca sheet

  9. Jupiter Perps

    Solana · web, ios, android · 0.12% round trip

    Jupiter Perps is Jupiter's perpetuals exchange on Solana. SOL, ETH and wBTC markets trade against the JLP liquidity pool at oracle prices with up to 250x leverage, while Beta markets (JUP, HYPE, ZEC and stock perps) run on GUM's order-book engine with USDC collateral.

    • SOL, ETH and wBTC markets offer up to 250x leverage at oracle prices.
    • Base fee plus price impact is capped at 0.50% of trade size on JLP markets.

    Watch out: Jupiter's terms prohibit wallets in the United States, China, Singapore and several other countries.

    Open Jupiter Perps · Full Jupiter Perps sheet

  10. Lighter

    Ethereum · web, ios, android · 0% round trip

    Lighter is an order-book perpetuals and spot exchange running as a ZK rollup on Ethereum, operated by Elliot Technologies, Inc. Its default Standard account trades with zero maker and taker fees; lower-latency Premium and Plus accounts pay fees.

    • The default Standard account charges 0% maker and 0% taker on perps and spot.
    • Paid Premium accounts start at 0.028% taker / 0.004% maker and drop up to 30% with LIT staking.

    Watch out: Free Standard accounts carry 300 ms taker latency versus 140 ms on paid Premium accounts.

    Open Lighter — 10% off fees · Full Lighter sheet

What a trade costs on each

Cost of a round trip (buy + sell). Platform fee only; network and pool fees are extra.

VenueRate (round trip)You pay

How we ranked

Filtered to live venues that fit the job, then ranked by how much traders actually use them: total fees users paid in the last 30 days, from DefiLlama. Venues DefiLlama does not track come last, ordered by fee. Fees are shown for every pick so you can trade off popularity against cost. Fee data comes from each venue's own fee page, checked 2026-10-16. Venues that are suspended or merged are excluded.

FAQ

What is the best no-kyc crypto exchanges?

For trading crypto without handing over ID, our top pick is Uniswap — traders and liquidity providers who want direct access to Uniswap pools across many EVM chains without an interface fee. Also strong: PumpSwap, Hyperliquid, Meteora.

Which is cheapest?

Uniswap: 0% per round trip, platform fee only.

Which of these work in the US?

Uniswap, PumpSwap

How did DexSheet rank these?

Filtered to live venues that fit the job, then ranked by how much traders actually use them: total fees users paid in the last 30 days, from DefiLlama. Venues DefiLlama does not track come last, ordered by fee. Fees are shown for every pick so you can trade off popularity against cost.