Camelot DEX Fee Calculator
Potential Monthly Savings
With Camelot (0.00% fees):
Estimated Protocol Fee: $0.00
With Binance (0.10% fees):
Estimated Trading Fee: $0.00
With Uniswap (0.30% fees):
Estimated Trading Fee: $0.00
Your Savings
saved per month vs Binance
saved per month vs Uniswap
Zero Fees
Most spot trades have 0% maker/taker fees with minimal protocol fees.
Concentrated Liquidity
Improved capital efficiency and reduced slippage through Algebra V2.
Limit Orders
Set price targets without relying on external order-book services.
Camelot is a decentralized exchange (DEX) built on the Arbitrum layer‑2 network. Launched in December 2022, it aims to be the go‑to liquidity hub for Arbitrum projects while keeping fees near zero. If you’ve been curious about whether Camelot lives up to the hype, this review breaks down the platform’s core tech, tokenomics, user experience, and how it measures up against both centralized giants and other DEXes.
Quick Take
- Zero‑fee taker/maker model for most spot trades.
- Supports ~130 tokens, all on Arbitrum.
- Native governance token GRAIL capped at 100,000 units.
- No mobile app - only web interface.
- Best for developers and traders already in the Arbitrum ecosystem.
How Camelot Works
At its heart, Camelot runs an Automated Market Maker (AMM) that matches buyers and sellers through liquidity pools. Early on it used a classic constant‑product model, but the platform upgraded to Algebra V2, a codebase that enables concentrated liquidity. Concentrated liquidity lets providers allocate capital to tighter price ranges, improving capital efficiency and reducing slippage for traders.
Because Camelot lives on Arbitrum, transactions settle fast and cost a fraction of Ethereum’s base fees. Users connect any Ethereum‑compatible wallet (MetaMask, Ledger, etc.) that’s set to the Arbitrum network, then start swapping, providing liquidity, or staking.
Key Features That Set Camelot Apart
- Dynamic volatility‑based fees: Fees adapt to market conditions, helping protect liquidity providers during rapid price swings.
- Limit orders: Users can set price targets without relying on external order‑book services.
- Rebasing‑token support: Tokens that adjust supply (e.g., some stablecoins) work out‑of‑the‑box.
- Custom tick spacing: Pool creators decide price granularity, allowing fine‑tuned markets.
- Directional fees: Same‑side trades may enjoy lower fees than opposite‑side trades, rewarding depth.
- spNFTs and Nitro pools: Specialized NFTs represent liquidity positions; Nitro pools boost transaction throughput.
Fee Structure - Is Zero Really Zero?
According to multiple data aggregators, Camelot lists a maker fee and taker fee of 0.00% for most spot swaps. In practice, the platform applies a small “protocol fee” that varies with volatility and pool configuration. This fee is usually under 0.03% and is rebated to liquidity providers, effectively keeping the cost to traders negligible.
Contrast that with a centralized exchange like Binance, which charges 0.10% for spot trades and up to 0.25% for less‑liquid pairs. Even other popular DEXes (Uniswap, SushiSwap) sit around 0.30% on‑chain. For a trader moving modest amounts (say $500‑$1,000) Camelot’s fee advantage can translate into a few dollars saved per month.
Tokenomics - GRAIL and xGRAIL
The platform’s governance token is GRAIL, capped at 100,000 units and minted solely on Arbitrum. Holders earn yield by staking GRAIL in incentivized pools, and the derivative xGRAIL grants voting power in the DAO. Governance is gas‑less: proposals are submitted off‑chain, voted on via xGRAIL balances, and the DAO executes approved changes on‑chain.
Price forecasts from several analytics sites place GRAIL’s 2025 target between $999 and $1,616, with bullish long‑term scenarios hitting $3,859 by 2030. While speculative, the limited supply and utility within Camelot’s fee‑rebate system give the token a clear use case beyond pure speculation.
User Experience & Traffic Signals
Web‑traffic analysis shows Camelot attracting roughly 70,000 organic visits per month, with a bounce rate of 49% and an average session of just over a minute. The short dwell time suggests users come in, connect a wallet, execute a trade, and leave - a sign that core swapping is smooth. However, the limited page depth (about 1.7 pages per visit) hints that the platform still lacks advanced analytics dashboards or educational hubs that keep users exploring longer.
Because there’s no mobile app, the entire experience lives in a responsive web UI. For desktop‑first traders, this isn’t a problem, but on‑the‑go users may find the lack of native mobile support a drawback compared with centralized apps that push push notifications and biometric login.
How Camelot Stacks Up - Quick Comparison
| Feature | Camelot | Binance | Uniswap |
|---|---|---|---|
| Network | Arbitrum (Layer‑2) | Centralized (multiple chains) | Ethereum Layer‑1 & Layer‑2 |
| Supported tokens | ~130 (Arbitrum‑native) | Thousands (global) | ~8,000+ |
| Maker/Taker fee | 0% (protocol fee <0.03%) | 0.10%-0.25% | 0.30% |
| Mobile app | No | Yes | Yes (via third‑party) |
| Governance token | GRAIL / xGRAIL | BNB (utility) | UNI |
| Liquidity model | Concentrated AMM (Algebra V2) | Order‑book | Classic constant‑product AMM |
For traders already on Arbitrum, Camelot’s zero‑fee model and deep integration with GRAIL incentives make it a compelling choice. For newcomers looking for a one‑stop shop across many assets, Binance still wins on breadth and mobile convenience.
Pros & Cons - At a Glance
- Pros
- Almost no trading fees.
- Concentrated liquidity improves capital efficiency.
- Governance token ties rewards to platform health.
- Built specifically for the fast‑growing Arbitrum ecosystem.
- Cons
- No native mobile app.
- Limited token list outside Arbitrum.
- Regulatory gray‑area typical of DEXes.
- Advanced features (e.g., analytics) are still sparse.
Getting Started - Step‑by‑Step Guide
- Install a wallet that supports MetaMask (or any Ethereum‑compatible wallet).
- Add the Arbitrum network to your wallet. Use RPC URL
https://arb1.arbitrum.io/rpc, Chain ID 42161. - Visit the Camelot web portal (camelot.exchange) and click “Connect Wallet”.
- Deposit any supported token - the platform accepts amounts as low as $1.
- To trade, select the token pair, enter the amount, and hit “Swap”. Confirm the transaction in your wallet.
- If you want to earn extra yields, navigate to the “Earn” tab, stake GRAIL or provide liquidity to a pool, and watch the protocol fees flow back to you.
- For governance participation, claim xGRAIL from the staking page, then vote on proposals via the “Governance” dashboard.
Future Outlook
Camelot’s success hinges on Arbitrum’s growth. As Layer‑2 adoption accelerates, more projects will seek a native DEX with low fees, and Camelot’s early‑mover advantage could lock in a sizable liquidity share. The ongoing rollout of concentrated liquidity tools and spNFT‑based position tracking demonstrates an active development roadmap, which is reassuring for long‑term users.
Regulatory scrutiny on DeFi may increase, but because Camelot operates via immutable smart contracts, its core services remain permissionless. Users should stay aware of emerging compliance requirements, especially if they intend to move large sums off‑chain.
Frequently Asked Questions
Is Camelot safe to use?
Safety on Camelot depends on smart‑contract risk rather than a central authority. The code is open‑source, audited by several firms, and the platform has been live for over two years without major exploits. As with any DeFi service, you should only allocate funds you’re comfortable risking.
Can I trade on Camelot from a mobile browser?
Yes. The web UI is responsive, so you can connect a mobile wallet (e.g., MetaMask Mobile) and swap directly in the browser. However, there’s no dedicated native app, so you miss push notifications and biometric login.
How do GRAIL rewards work?
When you provide liquidity or stake GRAIL in designated farms, the protocol distributes a portion of its fee revenue (the protocol fee) as GRAIL tokens. The amount scales with the size of your position and the time it remains active.
Does Camelot support cross‑chain swaps?
Direct cross‑chain swaps aren’t native to Camelot. You can bridge assets to Arbitrum using official bridges, then trade on Camelot. Some third‑party aggregators may offer a one‑click experience, but they’re not built into the platform.
What’s the difference between GRAIL and xGRAIL?
GRAIL is the native token you can earn, trade, or stake. xGRAIL is a wrapped version that represents your voting power in the DAO; you receive xGRAIL when you lock GRAIL for governance participation.
Jason Brittin
July 4, 2025 AT 06:08Zero fees? Oh wow, totally groundbreaking... 🙄🚀
Oreoluwa Towoju
July 5, 2025 AT 09:54Nice walkthrough, the fee calculator is super handy for quick comparisons.
Bobby Ferew
July 6, 2025 AT 13:41The Camelot DEX architecture leverages Algebra V2's concentrated liquidity, which essentially compresses the price curve into a tighter band, thereby optimizing capital efficiency. By eliminating maker/taker spreads, the protocol reduces slippage on high-volume swaps, a crucial factor for algorithmic traders. Additionally, the zero-fee model is underpinned by a minimal protocol fee, which is dynamically adjusted based on gas cost metrics, ensuring sustainability without compromising user experience.
Amie Wilensky
July 7, 2025 AT 17:28Alas, the pursuit of fee‑nullity beckons us toward an ontological abyss; where does value reside when cost is void?; we are thrust into a dialectic of scarcity and abundance, a paradox that summons the specter of market equilibrium.; Yet the algorithmic scaffolding of Camelot, with its algebraic liquidity constructs, offers a semblance of order amidst chaos.; The market, in its ceaseless flux, may yet find solace in such engineered serenity; however, one must ponder the ethical ramifications of fee suppression-does it democratize access or merely shift hidden externalities?; The discourse thus unfolds, inviting both technocrats and layfolk to interrogate the very fabric of decentralized exchange economics.
MD Razu
July 8, 2025 AT 21:14When evaluating Camelot DEX, one must first consider the macroeconomic context in which decentralized finance operates. The prevailing market sentiment oscillates between exuberant optimism and cautious skepticism, shaping user expectations. Zero fees, at first glance, appear to be a panacea for trader anxieties, promising unfettered access to liquidity. However, the underlying protocol fees, albeit minimal, are still subject to network congestion and gas price volatility. Moreover, the concentrated liquidity model, while enhancing capital efficiency, introduces nuanced impermanence risks that are often underappreciated. Traders must calibrate their strategies to accommodate potential price impact when the liquidity curve becomes shallow. The limit order feature, a novel addition, bridges the gap between traditional order books and automated market makers, yet it demands a learning curve for newcomers. From a security standpoint, Camelot's smart contracts have undergone multiple audits, but no system is impervious to emergent exploits. Community governance plays a pivotal role in steering fee adjustments, and active participation can influence future protocol parameters. Comparative analysis with Binance and Uniswap reveals that while fee structures differ, each platform offers distinct value propositions beyond mere cost. User experience flows are streamlined on Camelot, with an intuitive UI that reduces friction for casual participants. The integration of analytics dashboards empowers sophisticated users to monitor trade performance in real time. Liquidity providers benefit from the algorithmic fee distribution, which aims to reward depth and stability. Yet the risk of impermanent loss remains a constant specter haunting LPs across all DEXs. In synthesis, Camelot presents a compelling suite of features that merit serious consideration, provided users remain vigilant about the inherent trade‑offs. Ultimately, the decision to adopt Camelot hinges on individual risk tolerance, strategic objectives, and the desire to engage with cutting‑edge DeFi mechanisms.
Charles Banks Jr.
July 10, 2025 AT 01:01Zero fees? Sure, as long as you don’t mind the occasional “oops, gas spike” surprise.
Lindsay Miller
July 11, 2025 AT 04:48I appreciate how straightforward the interface is; it makes navigating the fee calculator a breeze.
Katrinka Scribner
July 12, 2025 AT 08:34Thiss is relly cool, love the no fee vibe!! 😂👍
VICKIE MALBRUE
July 13, 2025 AT 12:21Looking forward to seeing more users save big with Camelot!
Naomi Snelling
July 14, 2025 AT 16:08Just a heads up, the “zero fee” claim might be a front for hidden data harvesting by the devs.
Billy Krzemien
July 15, 2025 AT 19:54Great breakdown! If you’re new to DEXes, start with small trades to get used to the liquidity dynamics.
april harper
July 16, 2025 AT 23:41Another layer of complexity emerges when you consider the market depth under volatile conditions.
Clint Barnett
July 18, 2025 AT 03:28The vibrancy of Camelot’s ecosystem is akin to a kaleidoscope of financial possibilities, each facet reflecting a different shade of opportunity. Its tokenomics dance gracefully with user incentives, stitching together a tapestry where liquidity providers are celebrated like artisans. The UI, painted in sleek gradients, invites both the curious novice and the seasoned trader to explore its corridors. Moreover, the integration of limit orders adds a brushstroke of precision, allowing price targets to be set with the finesse of a maestro conducting a symphony. In short, Camelot doesn’t just offer a platform; it offers an experience that resonates on both technical and emotional frequencies.
Jacob Anderson
July 19, 2025 AT 07:14Oh, because we all needed another “revolutionary” DEX that pretends zero fees are a holy grail.
Parker Dixon
July 20, 2025 AT 11:01Happy to echo this-using the calculator can quickly highlight where you’d save the most, especially if you trade high volumes. 📈💡