
Camelot V2 Fee Calculator
Expected Trading Fee
Based on selected pool type and trade amount
Potential Nitro Pool Yield
For 30-day lock-up with 1000$ investment
Fee Breakdown
Camelot V2 charges dynamic fees based on pool configuration:
- Stablecoin Pairs: 0.25% average fee
- Volatile Assets: 0.30% average fee
- Custom Pools: Adjustable by pool creator
Nitro Pools offer higher yields (15-30% APR) for locked liquidity, compared to standard yield farming which typically ranges from 5-15% APR.
TL;DR
- Camelot V2 is a dual‑AMM DEX originally built for Arbitrum, now also accessible on ApeChain.
- Dynamic directional fees and Nitro pools give traders more control and higher yields.
- Fees are competitive but not the cheapest; expect 0.25‑0.35% on spot swaps.
- No mobile app - use desktop browsers with MetaMask or WalletConnect.
- Security is transparent via smart‑contract audits, yet the platform lacks a formal "trusted" label.
When you hear the name Camelot V2, you might picture a fantasy castle, but the reality is a decentralized exchange (DEX) trying to carve a niche on newer chains like ApeChain. This review breaks down what the platform actually offers, how its fees stack up, whether you can trust the code, and which earning hooks could boost your crypto portfolio.
Camelot V2 is a decentralized exchange that runs on smart contracts and provides spot trading, liquidity provisioning, and yield‑farming services. Launched in 2021 by Camelot Technologies Inc., the platform originally served the Arbitrum ecosystem before expanding to ApeChain, a Layer‑2 solution focused on high‑throughput DeFi applications. The core idea is to let anyone create a custom liquidity pool with unique fee structures, something most traditional AMMs don’t allow.
ApeChain is a Layer‑2 blockchain built to support fast, low‑cost DeFi transactions. Its compatibility with Ethereum‑compatible smart contracts lets DEXs like Camelot V2 port over without major rewrites. While the ApeChain version is still gaining traction, it inherits Camelot’s dual AMM design and Nitro pool incentives.
Technical Architecture: Dual AMM and Dynamic Fees
The heart of Camelot V2 is a dual automated market maker (AMM) that runs two parallel pricing curves: one for regular swaps and another for stable‑coin pairs. This setup reduces slippage for assets that typically trade at a 1:1 peg, while still supporting volatile token pairs.
What sets the platform apart is its dynamic fee model. Rather than a flat 0.3% fee, creators can set directional fees-different rates for buying versus selling-allowing arbitrage strategies or incentivizing liquidity on one side of the market.
Because the AMM runs on a Proof‑of‑Stake (PoS) layer, transaction finality is fast (under 2 seconds on ApeChain) and gas costs stay below $0.001 for most swaps, which is a huge advantage over older Ethereum‑based DEXs.
Trading Features Beyond Simple Swaps
Camelot V2 isn’t limited to spot trading. The platform integrates a fiat gateway that accepts credit‑card purchases, albeit only for a handful of stable‑coins. While it advertises margin and leverage options, the current implementation focuses on spot markets; any leveraged products are routed through partner protocols rather than native contracts.
Limit orders are available via a built‑in order‑book layer, giving traders the ability to set price targets without constantly monitoring the pool. For heavy traders, the platform also offers over‑the‑counter (OTC) desks for block trades larger than $500,000.
Yield‑hungry users will gravitate toward the Nitro pools. These are time‑locked liquidity pools that promise higher APYs (often 15‑30% APR) in exchange for locking assets for 30‑90 days. The reward distribution is handled by a separate smart contract that mints Camelot’s native token, CMLT, as an incentive.
Liquidity Strategy and Partnerships
Liquidity on Camelot V2 comes primarily from strategic partnerships within the Arbitrum and ApeChain ecosystems. Projects that hold a token‑swap partnership receive a share of the protocol’s revenue, encouraging them to lock capital on Camelot rather than scattering it across competing DEXs.
This partnership‑centric approach contrasts with the "pure user‑provided liquidity" model used by Uniswap, where liquidity depth can fluctuate dramatically. By offering a revenue share, Camelot can maintain more stable pool sizes for popular pairs like USDC/ETH, even if overall market volume dips.

Security, Audits, and Trust Indicators
Security is a mixed bag. Camelot V2’s smart contracts have undergone two external audits-one by PeckShield in early 2023 and a follow‑up by CertiK in mid‑2024. Both reports flagged minor informational warnings but no critical vulnerabilities. The code is fully open‑source on GitHub, allowing the community to verify transaction logic.
Despite thorough audits, platforms like CoinCodex still list Camelot V2 as "not trusted" due to its relatively short track record and the lack of a formal insurance fund. Users should therefore treat the platform like any other DeFi app: use only funds they can afford to lose and consider splitting large positions across multiple DEXs.
Earning Opportunities: Yield Farming, Lending, and Staking
Beyond Nitro pools, Camelot V2 offers five distinct earning mechanisms tracked by third‑party aggregators like Criffy. These include:
- Standard liquidity provision with tiered fee rebates.
- Staking CMLT to earn a portion of protocol fees.
- Lending services via integrated partners, which generate interest rates up to 12% APR.
- Liquidity mining campaigns that reward new pools with bonus CMLT tokens.
- Referral programs that grant a % of swap fees for referred users.
All earnings are paid out in either the native token or the underlying asset, giving users flexibility when re‑investing.
Ecosystem Connectivity: Wallets and Protocol Integrations
Connecting to Camelot V2 is straightforward. The platform supports:
- MetaMask - the go‑to browser wallet for Ethereum‑compatible chains.
- WalletConnect - lets you link mobile wallets like Trust Wallet or Rainbow.
- ApeX Omni - a cross‑chain bridge that moves assets between ApeChain and other L2s.
- Integration with MUX protocol for on‑chain order routing.
- Support for the Polis Chain and Vertex Protocol, expanding interoperability.
Because there’s no native mobile app, desktop browsers remain the primary access point. However, WalletConnect makes it possible to trade from a mobile device by scanning a QR code.
How Camelot V2 Stacks Up: Feature & Fee Comparison
Feature | Camelot V2 | Uniswap | SushiSwap |
---|---|---|---|
Base swap fee | 0.25‑0.35% (dynamic) | 0.30% | 0.30% |
Dual AMM model | Yes (stable & volatile) | No | No |
Limit order support | Built‑in | Via external tools | Via external tools |
Nitro/farming pools | Yes (15‑30% APR) | Standard farms | Standard farms |
Mobile app | None | Yes (iOS/Android) | Yes (iOS/Android) |
Audit status | PeckShield & CertiK | Multiple audits | Multiple audits |
Pros & Cons Checklist
- Pros
- Customizable fee structures for each pool.
- Higher yields via Nitro pools and CMLT staking.
- Robust integrations (MetaMask, WalletConnect, ApeX Omni).
- Fast finality on ApeChain’s PoS layer.
- Cons
- No dedicated mobile app.
- Trust rating still gray; no insurance fund.
- Liquidity may be thin for non‑partner tokens.
- Limited fiat‑on‑ramp options.

Frequently Asked Questions
Is Camelot V2 safe to use on ApeChain?
The platform’s smart contracts have been audited by reputable firms and the code is public. However, like any DeFi project, there is no guarantee against bugs or exploits, so only trade with funds you can afford to lose.
How do dynamic fees work?
Pool creators set separate percentages for buying and selling. For example, a pool could charge 0.20% on trades that add liquidity and 0.30% on trades that withdraw liquidity, allowing arbitrage incentives.
Can I trade on Camelot V2 from my smartphone?
Direct mobile apps aren’t available yet, but you can connect a mobile wallet via WalletConnect and trade through the desktop‑optimized web UI in a mobile browser.
What are Nitro pools and how do they differ from regular pools?
Nitro pools lock liquidity for a set period (30‑90 days) and reward participants with higher CMLT token emissions, resulting in APYs that can exceed 20%. Regular pools have no lock‑up and usually offer lower returns.
How does Camelot V2’s fee structure compare to Uniswap?
Uniswap charges a flat 0.30% on all swaps. Camelot V2 starts at 0.25% and can rise to 0.35% based on pool settings, so you can potentially pay less if the pool creator opts for lower fees.
Stefano Benny
March 21, 2025 AT 15:37While the hype train paints Camelot V2 as the ultimate DeFi disruptor, the fee architecture is fundamentally a classic constant‑product market maker with a configurable wedge ⚙️. The dynamic directional fees sound flashy, but they merely shift the spread between buy and sell sides, influencing arbitrage incentives rather than delivering genuine cost reductions. On ApeChain, the sub‑$0.001 gas sweet spot does help, yet the underlying AMM logic remains unchanged, so you’re still paying the same liquidity risk premiums as on older DEXes. In short, the “innovation” is more cosmetic than substantive, and the Nitro pool yields, while attractive, hinge on tokenomics that can be tweaked by the protocol team at any time.
Jenae Lawler
March 22, 2025 AT 08:17It is an undeniable truth that the intransigent pursuit of superficial novelty, as exemplified by Camelot V2’s fee tunability, merely cloaks the immutable realities of market making, which remain governed by the immutable laws of supply and demand. One must therefore regard such platforms with a discerning eye, lest we surrender to the siren song of marginally lower percentages while ignoring the profound implications of systemic risk.
Prince Chaudhary
March 23, 2025 AT 00:57Friends, the key takeaway is to focus on solid fundamentals: fast finality on ApeChain, audited contracts, and transparent fee structures. By prioritizing these, you can safely experiment with Nitro pools without exposing yourself to unnecessary volatility.
Jayne McCann
March 23, 2025 AT 17:37Honestly, the fees aren't that special.
celester Johnson
March 24, 2025 AT 10:17The allure of high APRs in Nitro pools tempts the masses, yet beneath the veneer lies a fleeting promise, a modern echo of the sirens that once lured sailors to ruin. One must ask whether the gleam of temporary gain justifies the shadow of impermanence that looms over each contract.
John Kinh
March 25, 2025 AT 02:57Sure, looks cool 😒.
Mark Camden
March 25, 2025 AT 19:37From an ethical standpoint, promoting a platform that lacks a formal insurance fund is a reckless endorsement of speculative gambling. Users should be educated about the moral responsibility of diversifying risk rather than funneling capital into a single, unprotected protocol.
Evie View
March 26, 2025 AT 12:17While you preach caution, you ignore the reality that many DeFi enthusiasts already accept risk as a prerequisite for any upside. Your moralizing tone does nothing but alienate those who are simply trying to maximize yield within the parameters they understand.
Sidharth Praveen
March 27, 2025 AT 04:57Hey all! If you’re thinking about diving into Nitro pools, start small, lock for the minimum period, and monitor the CMLT emission schedule. You’ll get a feel for the compounding effect without overexposing yourself.
Sophie Sturdevant
March 27, 2025 AT 21:37Remember, when you allocate liquidity, consider the pool’s depth and the partnership backing it; deeper pools backed by reputable projects tend to sustain higher APRs with reduced slippage, which translates to more stable returns for your position.
Nathan Blades
March 28, 2025 AT 14:17Alright, let’s break this down step by step. First, the dual‑AMM design separates stable‑coin pairs from volatile assets, which inherently reduces slippage for the former and provides a smoother price curve for the latter. Second, the dynamic fee model empowers pool creators to set asymmetric rates, effectively turning each pool into a micro‑marketplace that can adapt to demand imbalances. Third, on ApeChain the transaction finality is sub‑two seconds, meaning you’re not waiting on a congested L1 to confirm swaps. Fourth, the Nitro pools lock liquidity for defined periods, issuing CMLT rewards that can boost APRs into the mid‑20s, a figure that dwarfs many traditional farms. Fifth, the audits conducted by PeckShield and CertiK, while thorough, still leave room for human error, so an extra layer of caution is always wise. Sixth, the lack of a formal insurance fund means you should never allocate more than you can afford to lose, a principle that applies universally across DeFi. Seventh, the platform’s integration with MetaMask, WalletConnect, and ApeX Omni ensures broad accessibility without a native mobile app, though the latter could improve user experience. Eighth, the custom fee pools allow niche projects to experiment with monetization strategies that deviate from the 0.30% norm, potentially attracting niche liquidity. Ninth, the yield calculators embedded on the site give a quick snapshot but are based on simplified assumptions, so always double‑check with on‑chain data. Tenth, the partnership model, where projects share a slice of protocol revenue, can lead to more stable pool depths compared to pure community‑sourced liquidity. Eleventh, the limit order layer built into the UI provides a user‑friendly way to set price targets without third‑party services. Twelfth, the platform’s tokenomics burn a portion of CMLT on each transaction, creating a deflationary pressure that may support token price over time. Thirteenth, the community governance proposals are still in early stages, so future parameter changes could affect fee structures or reward rates. Fourteenth, the overall user experience is smooth, but the UI still feels a bit clunky when navigating between pools. Finally, if you weigh all these factors-speed, fee flexibility, yield potential, and risk-you’ll see that Camelot V2 offers a compelling, though not risk‑free, addition to your DeFi toolbox.
emmanuel omari
March 29, 2025 AT 06:57The data unequivocally shows that protocols without a sovereign insurance mechanism are statistically more prone to catastrophic failure, especially when operating on emerging L2s where validator sets are smaller and centralization risks are higher.
Chad Fraser
March 29, 2025 AT 23:37Sup fam! If you’re still on the fence, try swapping a tiny amount first; the gas is cheap, the UI is clean, and you’ll get a firsthand feel for the Nitro pool lock‑up process without committing a lot of capital.
Parker Dixon
March 30, 2025 AT 16:17Cool point, the integration with WalletConnect means you can trade on the go, but remember to keep your mobile wallet’s seed phrase offline; security first! 😊
Bobby Ferew
March 31, 2025 AT 08:57It’s amusing how everyone pretends the absence of an insurance fund isn’t a red flag, as if we’re all just chasing the next shiny APR without caring about the underlying fragility.
Somesh Nikam
April 1, 2025 AT 01:37Don’t let the lack of insurance deter you; just allocate a modest portion of your portfolio, monitor the pool health dashboards, and you’ll stay safe while still earning decent yields 😊.
Jan B.
April 1, 2025 AT 18:17Keep it simple: use Camelot V2 for quick swaps, lock into Nitro for higher returns, and never invest more than a fraction of your total assets.
MARLIN RIVERA
April 2, 2025 AT 10:57The platform’s “dynamic fees” are just a marketing gimmick to hide the fact that they’re still extracting the same percentage of your capital, so don’t be fooled.
Debby Haime
April 3, 2025 AT 03:37Let’s stay positive! Even with a few shortcomings, Camelot V2’s fast finality and flexible fee structures can empower traders to fine‑tune their strategies for better outcomes.
Andy Cox
April 3, 2025 AT 20:17yo the UI feels a bit dated but it gets the job done, just make sure you double check gas before you confirm.
Courtney Winq-Microblading
April 4, 2025 AT 12:57Imagine a landscape where every swap sings in harmony, where fees dance like fireflies and liquidity pools ripple like gentle streams-Camelot V2 aspires to paint that picture, even if the canvas still bears a few smudges.
katie littlewood
April 5, 2025 AT 05:37When we examine the broader ecosystem, it becomes evident that the allure of high‑yield protocols such as Camelot V2 is not merely a fleeting curiosity but rather a manifestation of the collective desire for financial sovereignty, a yearning that has been nurtured over decades of centralized disillusionment; consequently, the platform’s ability to offer customizable fee structures and Nitro pool incentives resonates deeply with users who seek agency over their capital, and while the absence of a formal insurance fund may raise eyebrows, it simultaneously underscores the necessity for personal risk management, which, in turn, cultivates a more educated and resilient community; moreover, the integration with ubiquitous wallets like MetaMask and the cross‑chain bridging capabilities further cement its position as a versatile gateway to the burgeoning DeFi frontier, inviting both novices and veterans to partake in a shared experiment of economic innovation, all the while reminding us that every opportunity carries inherent trade‑offs that must be weighed against individual tolerance for volatility and systemic risk.
Richard Herman
April 5, 2025 AT 22:17All things considered, Camelot V2 offers a solid middle ground between traditional DEXes and high‑risk farms, making it worth a look for diversified portfolios.
Naomi Snelling
April 6, 2025 AT 14:57People forget that every time you lock funds into a Nitro pool, a hidden algorithm silently redirects a slice of that capital to undisclosed entities, a fact the community conveniently overlooks while chasing high APRs.