Camelot

Camelot set out to be more than another Uniswap fork: it positioned itself as the community-owned liquidity infrastructure of Arbitrum. Launched in late 2022, its custom AMM supports both standard volatile pairs and stable swaps, with dynamic directional fees that can charge different rates for buys and sells — a tool protocols use to defend their token's liquidity.

The Round Table is Camelot's community ethos made real: Arbitrum-native projects launch through its IGO launchpad, incentivize liquidity through Nitro pools (custom staking programs any project can deploy), and co-incentivize each other's growth. When Arbitrum's ecosystem exploded in 2023, Camelot rode the wave to become the chain's leading native DEX.

GRAIL is the governance and profit-sharing token, with xGRAIL (escrowed GRAIL) earning real yield from protocol revenue and launchpad allocations. Camelot is essential for Arbitrum-natives and new-token hunters; like all community DEXs, its volumes ebb and flow with the ecosystem's speculative cycles.