About Camelot
Camelot is built natively for Arbitrum, designed from the ground up to support the ecosystem's growth. Launched in late 2022, it features unique dynamic directional fees that adjust based on trade direction to reduce impermanent loss for LPs. Nitro Pools allow projects to create customized liquidity incentive programs with specific parameters. The spNFT system makes LP positions transferable and composable NFTs. Camelot has become the launchpad of choice for Arbitrum native projects, with deep integrations across the ecosystem.
Supported Blockchains
Features
Pros & Cons
Pros
- Built specifically for Arbitrum
- Dynamic directional fees reduce IL
- Strong ecosystem partnerships
- Innovative NFT LP positions
Cons
- Arbitrum-only deployment
- Smaller than major DEXs
- Complex GRAIL/xGRAIL tokenomics
How Camelot Works
Camelot operates as a hybrid DEX combining V2-style constant product pools with V3-style concentrated liquidity (called Spear). What makes Camelot unique is its focus on serving Arbitrum-native projects through custom pool types, flexible fee structures, and the Nitro Pools incentive layer. Projects can create 'Nitro Pools' that add additional token rewards on top of base LP fees, creating targeted liquidity incentives. The dual-token system (GRAIL + xGRAIL) separates liquid trading from governance, with xGRAIL providing voting power and boosted yields.
Getting Started with Camelot
Visit app.camelot.exchange and connect your wallet on Arbitrum
Ensure you have ETH on Arbitrum for gas fees
Navigate to 'Swap' for standard token exchanges
Explore 'Pools' to find V2 or Spear (concentrated) liquidity opportunities
Check 'Nitro Pools' for boosted reward opportunities on specific pairs
Convert GRAIL to xGRAIL for governance voting and enhanced yields