Camelot Review (October 2026): Fees, US States and Licenses

Best for: Arbitrum ecosystem tokens

5.3/10

US access 20%9.0
Regulation 20%3.0
Security record 15%8.0
Cost 15%5.0
Range 10%4.3
Popularity 15%1.0
Data quality 5%7.0

By Vahe Hakobyan Verified October 5, 2026 Medium confidence No affiliate links

Taker fee— Not verified
US states— Not verified
New York— Not verified
Coins— Not verified
CustodyNon-custodial
App Store— Not verified

Our verdict

Camelot is a decentralized exchange centered on Arbitrum, with satellite deployments on Arbitrum Orbit chains such as ApeChain and Xai. Its token is GRAIL, with an escrowed xGRAIL version. DefiLlama showed about $13.5 million in TVL, about $12 million of it on Arbitrum, and $171 million in 30-day volume on October 5, 2026. The docs name Paladin as auditor.

Pros

Deployed on Arbitrum and several Orbit chains
Contracts audited by Paladin per official docs
Multisig control of protocol contracts documented

Cons

TVL about $13.5 million
Several satellite chains show near-zero liquidity
No terms page found; US access unverified

Camelot fees

Maker / taker: — Not verified
Simple buy: — Not verified
ACH deposit: — Not verified
Wire deposit: — Not verified
Card purchase: — Not verified
USD withdrawal: — Not verified
Crypto withdrawal: Network fee only
Minimum deposit: — Not verified

Is Camelot available in my state?

No US restriction could be confirmed or ruled out: Camelot's docs index (read 2026-10-05) has no terms or restricted-jurisdictions page and the app is JavaScript-only.

The list of states this platform serves is not verified yet.

New York: — Not verified
ID check (KYC): No
Withdraw crypto: Yes
Funding: Crypto

Is Camelot regulated?

US operator: — Not verified
Parent company: — Not verified
State licenses: — Not verified
New York license: — Not verified
Founded: — Not verified
Headquarters: — Not verified

How secure is Camelot?

Proof of reserves: N/A (non-custodial)
Audits: Paladin
Insurance: — Not verified

Incidents since 2019

None found in the sources checked.

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on Camelot

Spot
Earn

Apps: Web
Support: — Not verified

Camelot FAQ

Can I withdraw crypto from Camelot to my own wallet?

Yes. Camelot lets US users send crypto to an external wallet.

Does Camelot require ID verification?

No account or ID check is needed for on-chain swaps on Camelot.

Alternatives to Camelot

Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.