Category: Directory

Injective – DEX Review

Score: 66/100. Less a DEX than shared order-book infrastructure; judge its small TVL by volume and revenue instead.

Score: 62/100. Cosmos’ dominant AMM, currently facing a live, unresolved vote on merging into the Cosmos Hub itself.

Score: 57/100. The lowest score yet: a 2023 hack, an $8B-to-$400M collapse, and a founder who briefly handed control to Sam Bankman-Fried.

Score: 61/100. Pioneered oracle-priced perps, now honestly overtaken: Hyperliquid does ~88x GMX’s 30-day volume.

Score: 75/100. No major hack since 2020 across $2.5T+ volume, tempered by real CAKE concentration and an anonymous team.

Score: 66/100. Validator-distributed order matching is genuinely distinctive, but fees trail Hyperliquid and two incidents are on record.

Score: 64/100. The ve(3,3) pioneer, carrying three incidents and real governance concentration via Convex’s veCRV holdings.

Score: 65/100. Base’s dominant DEX, with the widest TVL discrepancy in this series and no timelock on contract upgrades.

Score: 74/100. Zero-fee, ZK-verified perps with 100+ markets, undercut by a real gap between $1.6T volume and $487M TVL.