Camelot Review 2026

Item: Camelot
Rating: 4.44
Author: Ivan Andriyenko

By: Ivan Andriyenko
Updated: February 12, 2026
49 in the rating

Coins 137
Fees 7.75 /10
User Reviews 6.7 /10
Regulation 0.75 /10

4.4 /10

High risk

Camelot User Reviews 6.7
Commissions and Fees 7.8
Regulation and Safety 0.8
Deposit and Withdrawal 2.5
Markets and Tradable Assets 2.5
Customer Support 1.3

How we tested Camelot

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Pros & Cons

Intuitive interface suitable for both new and experienced users
V3 liquidity allows capital concentration within specific price ranges
Strong integration with the Arbitrum ecosystem and support for multiple partner projects
Opportunities for passive income through farming and staking with GRAIL and xGRAIL

Not regulated or licensed by any financial authority
Limited to the Arbitrum ecosystem, which may restrict multi-chain usage

Camelot is a decentralized cryptocurrency exchange built for the Arbitrum ecosystem. Launched in 2022, the platform focuses on liquidity provision for a broad range of crypto assets. Its core trading instruments are crypto pairs supported by a V3 liquidity system that enables users to manage capital more efficiently and earn income by supplying liquidity. A central feature of the Camelot ecosystem includes two utility tokens: GRAIL and xGRAIL. GRAIL functions as the primary token for trading and passive income, while xGRAIL is a wrapped version that unlocks advanced features such as boosted farming yields and early access to launchpad opportunities.

TU Expert Verdict

Camelot carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

Camelot is a decentralized cryptocurrency exchange designed for users trading crypto pairs on the Arbitrum blockchain through a web platform. The platform features an automated market maker model, supports over 90 cryptocurrencies, and focuses on liquidity provision by enabling users to earn income via staking and farming with GRAIL and xGRAIL tokens. With dynamic fees, Nitro pools, limit orders, and a $1 minimum deposit, Camelot is particularly attractive to participants already engaged in the Arbitrum ecosystem who value innovative DeFi tools.

However, a notable drawback is that Camelot is not regulated or licensed by any financial authority, offering no investor protection fund or government-backed security measures. Additional disadvantages include cryptocurrency-only funding methods, limited asset diversity compared to leading exchanges, and withdrawal fees. Camelot may not be suitable for users who require strong regulatory safeguards, broad multi-chain access, or fiat deposit and withdrawal options.

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Camelot User Reviews

Score:

6.7 /10

3 total

5-star

0%
4-star

33%
3-star

67%
2-star

0%
1-star

0%

I trade crypto on Camelot and also participate in Nitro pools. I especially like that you can earn additional rewards using xGRAIL. Yields vary by pool, but in some cases, I’ve earned 100–150% annually, which is impressive. Staking returns are around 50% APY for both GRAIL and xGRAIL, making it a good option for passive income. The dynamic fee model helps save money during low-volatility periods. However, there’s no leverage, which could be a downside for high-volume traders. Other than that, the platform is stable and user-friendly, the swap fees are reasonable, and withdrawals are fast.

Camelot caught my attention as one of the leading DEXs on Arbitrum, and it has a few interesting features for passive income. I use xGRAIL tokens for staking, earning around 50% APY, and the process is fairly straightforward. There are no withdrawal fee, just the usual network fees. I wish the platform wasn’t limited to Arbitrum because that restricts access to other blockchains. But for anyone active in this ecosystem, it’s a solid choice.

I’ve been using Camelot for a few months now, and I’m mostly happy with it. Its integration with the Arbitrum blockchain allows for fast transactions and lower fees. I recently tried the V3 feature, which lets you set specific price ranges for liquidity. That’s great for risk management. As for returns, I’ve been getting up to 50% APY on some farming pairs, which is solid. The only downside is the lack of a mobile app, but that’s not a dealbreaker for me.

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Camelot Commissions and Fees

Score:

7.8 /10

Camelot received a 7.8/10 score for its trading fees. While Camelot is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.

Spot fee below industry average
No deposit fee

Withdrawal fee may be applied
P2P fee applied

What are Camelot trading fees?

We analyzed Camelot’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.

Camelot trading fees vs competitors

	Camelot	Nexus Trade	CoinMetro	Industry average Based on the evaluation of over 100 leading crypto exchanges
Spot, maker fee (%) Maker fees are charged when liquidity is added to the order book. This occurs by placing a limit order below the current market price for buy orders, or above the market price for sell orders.	Varies based on transaction type	0.22	0.1	0.15
Spot, taker fee (%) Taker fees are charged when liquidity is removed from the order book. This typically happens when a trade is executed at the market price.	Varies based on transaction type	0.22	0.2	0.194

What are Camelot deposit and withdrawal fees?

Deposit fee, % Important! Even if an exchange does not charge fees for deposits and withdrawals, there can also be fees from the payment system or cryptocurrency network used by the user. For example, the network fee for USDT TRC20 is typically around $1.	0
Withdrawal fee, %	Network fees apply

Does Camelot offer P2P trading?

No, Camelot does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.

Regulation and Safety

Score:

0.8 /10

Camelot received a score of 0.8/10, indicating a low level of security and regulatory compliance. This suggests that the platform may lack essential protections, and users should exercise extreme caution.

No successful hacks history

No investor protection fund

We also compared Camelot against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.

Camelot Security Factors
	Camelot	OKX	Coinbase
Tier-1 regulation	No	No	Yes
Government-regulated	No	Yes	Yes
Investor protection fund Provides compensation to users in case of financial loss due to unforeseen circumstances on the platform.	No	Yes	Yes
2FA	No	Yes	Yes
Facial recognition	No	Yes	No
Cold wallet storage The majority of user funds are held offline, reducing vulnerability to online attacks.	No	Yes	Yes
Successful hacker attacks We review publicly available information on past security breaches to assess the exchange's security track record.	No	No	Yes

Is Camelot a regulated crypto exchange? Regulation is crucial for the security and legitimacy of a cryptocurrency exchange. We assess the exchange’s regulatory status and its impact on platform reliability.

Camelot is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Camelot is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.

Is verification (KYC) mandatory at Camelot?

KYC verification is not mandatory for opening an account and trading at Camelot. However, unverified accounts have certain limitations, such as lower withdrawal limits and restricted access to certain features.

Is Camelot available in the USA?

Yes, Camelot is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.

Deposit and Withdrawal

Score:

2.5 /10

Camelot received a 2.5/10 rating for its deposit and withdrawal services. Camelot offers limited funding options and may charge fees, which could be inconvenient for many users.

No deposit fees
Many cryptocurrencies for deposits and withdrawals

No Google Pay option
Withdrawal fee applies

Deposit and withdrawal options

Camelot supports the following deposit and withdrawal options: Crypto.

Camelot Deposit and withdrawal options vs competitors

	Camelot	OKX	Coinbase
Bank transfers	No	No	Yes
Bank card	No	Yes	Yes
Crypto	Yes	Yes	Yes
PayPal	No	No	Yes

What is Camelot minimum deposit?

The minimum deposit at Camelot is 0 USD/USDT or 0 BTC. The minimum trade size is 0 USD/USDT, which also serves as the minimum amount required to start trading on the platform.

Camelot minimum deposit vs competitors

	OKX	Coinbase
Minimum deposit, USD or USDT	10	10
Minimum deposit, BTC	5	1
Minimum trade amount, USD/USDT	1	2

Does Camelot support fiat money?

Camelot does not support fiat currencies; only cryptocurrencies are accepted.

Supported Coins & Markets

Score:

2.5 /10

Camelot received a score of 2.5/10 in this category, indicating a modest offering of assets and markets. While Camelot covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.

Yield farming available
Staking available

Copy trading not available
Crypto futures not available

Camelot supported coins and markets vs competitors

We compared Camelot with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.

	Camelot	OKX	Coinbase
Supported coins	137	600+	400+
Futures/Perpetual contracts	No	Yes	Yes
Options	No	Yes	No
NFTs	No	Yes	Yes
Tokenized Assets Digital tokens representing real-world assets, such as stocks, bonds, commodities, or real estate.	No	Yes	Yes
TradFi Perps Perpetual futures contracts linked to traditional financial assets, such as stocks, indices, or commodities.	No	Yes	Yes
Prediction Markets Markets where users trade contracts based on the outcomes of future events.	No	No	No
Other Assets	No	No	Pre-IPO

Camelot passive income options vs competitors

We also compared Camelot with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.

	Camelot	OKX	Coinbase
Staking	Yes	Yes	Yes
Yield farming	Yes	Yes	Yes
Copy trading	No	Yes	No

Customer Support

Score:

1.3 /10

Camelot demonstrates a low level of customer support, with significant limitations in communication options, availability, or self-service resources.

In TU testing, the exchange received a poor overall support score, indicating substantial gaps in its customer assistance infrastructure. Users who require accessible and timely support should take these limitations into account.

24/7 customer support available
Comprehensive help center available

No dedicated support ticket system
Phone support unavailable

Camelot Support Channels vs Competitors

	Camelot	OKX	Coinbase
Live Chat	No	No	Yes
Email Support	Yes	No	No
Phone Support	No	No	No
Ticket System	No	Yes	Yes
24/7 Support	Yes	Yes	Yes
Help Center / FAQ	Yes	Yes	Yes
Multilingual Support	No	No	Yes