Kipseli is a single-chain decentralized exchange. Reports $4M in 24-hour trading volume. Runs on Ethereum.
| Architecture | Single-chain |
|---|---|
| Website | defillama.com/protocol/kipseli |
| 24-hour volume | $4M |
| Chains | Ethereum |
Figures from the 28 October 2026 build snapshot. Open the live view for the current rankings.
Single-chain — the protocol runs on one blockchain.
The protocol holds nothing: a trade routes through code the trader signs, and the tokens never sit in a company's balance. That is not the same as the ASSETS traded being self-custody — a stablecoin issuer can freeze a USDT or USDC balance, and a wrapped coin like WBTC represents Bitcoin held in third-party custody. The venue's custody model does not travel through to the assets on it.
No curated markets are recorded for Kipseli on this build. DEX ticker coverage grows as tail assets that Kipseli pools appear in the top-N snapshot.