Ramses v2 Crypto Exchange Review: How It Compares to Uniswap and Velodrome

Most crypto traders think all decentralized exchanges are the same. They pick one because it’s popular, or because their wallet auto-fills it. But Ramses v2 isn’t like Uniswap or SushiSwap. It’s built for people who want to make their capital work harder - and who care about where their fees go. If you’re trading on Arbitrum or HyperEVM, you’re probably missing out if you haven’t looked at Ramses v2 yet.

What Exactly Is Ramses v2?

Ramses v2 is a decentralized exchange (DEX) built on Arbitrum and HyperEVM. It’s not just another AMM (automated market maker). It uses a modified version of the ve(3,3) model - originally created by Andre Cronje - combined with Uniswap V3’s concentrated liquidity design. That means liquidity providers can lock their funds in specific price ranges, not across the whole curve. This cuts down on wasted capital and boosts fee earnings.

The core of Ramses v2 is its tokenomics. You hold RAM tokens, and if you lock them up, you get a veNFT. This isn’t just a badge - it gives you voting power. You vote on which trading pairs get more RAM emissions. The pools you vote for earn more fees, and you earn a share of those fees. It’s a direct link between your actions and your rewards.

Unlike Curve or Balancer, where fees are split evenly among all token lockers, Ramses v2 lets you choose where the money flows. That’s a big deal. If you believe in a new DeFi project, you can push liquidity to its pool and earn from its growth. No middlemen. No random redistribution.

How Ramses v2 Makes Trading Cheaper and Faster

Slippage is the silent killer of crypto trades. On Uniswap v2, a $10,000 trade might cost you 1% just in price impact. On Ramses v2, it’s often under 0.1%. Why? Concentrated liquidity. Instead of spreading $1 million across a price range from $1 to $10, you put it all between $2 and $3 - where most trades happen. That’s like putting all your cash in the drawer you use every day instead of hiding it in the attic.

The protocol also uses an iterated price function that recalculates rates faster than traditional AMMs. This isn’t just theory - real traders report smoother fills on large orders. Daily volume on Ramses v2 hit $3.66 million in October 2025, with low slippage even during spikes. That’s not huge compared to Uniswap, but it’s impressive for a DEX that’s still growing.

And then there’s the "bribing" system. Projects can pay to boost their liquidity pools by sending RAM tokens directly to users who lock them. This helps new tokens get off the ground without relying on risky airdrops. It’s a cleaner, more sustainable way to bootstrap liquidity. You’re not gambling on a token you don’t know - you’re backing a pool that’s already getting real support.

The RAM Token: Value, Volatility, and Locking Rewards

As of October 2025, RAM trades at $0.0162. The total supply is 200 million, with 130 million in circulation. Market cap sits at $5.62 million. That’s small by DeFi standards, but the token’s behavior tells a different story.

One week before that, RAM was at $0.0220 - a 28% drop in days. But a month earlier, it was $0.0173. A year ago? $0.0279. The volatility is real. If you’re looking for a stable investment, RAM isn’t it. But if you’re a DeFi power user, volatility is part of the game.

Here’s the kicker: locking RAM gives you three things:

  • Anti-dilution rebases - your veNFT balance increases over time to offset new token issuance
  • A cut of swap fees from the pools you vote for
  • Any bribes sent to those pools

So if you lock 10,000 RAM and vote for the RAM/USDC pool, you don’t just earn from trading fees - you also get a share of any extra rewards projects send to that pool. It’s like owning a piece of a business and getting dividends + bonuses from customers.

Most DEXs give you LP tokens and call it a day. Ramses v2 turns you into a stakeholder with real influence.

Contrasting Uniswap v3’s static grid with Ramses v2’s dynamic, reward-filled hub in psychedelic illustration style.

Why Ramses v2 Is Different from Velodrome, Camelot, and Uniswap

Let’s compare Ramses v2 to its closest rivals:

Ramses v2 vs. Top Arbitrum DEXs
Feature Ramses v2 Velodrome Camelot Uniswap v3
Chain Arbitrum + HyperEVM Arbitrum only Arbitrum only Ethereum, Optimism, Base
Liquidity Model Concentrated + ve(3,3) Concentrated + ve(3,3) Concentrated + simple LP Concentrated only
Fee Distribution Based on user votes Based on user votes Fixed split to LPs Fixed to LPs
Token Incentives RAM emissions + bribes VELO emissions + bribes GRAIL emissions None
Best For Active voters, institutional LPs Arbitrum traders, yield farmers Beginners, low-risk LPs General users, Ethereum natives

Velodrome is Ramses v2’s closest twin - same model, same goals. But Ramses v2 has HyperEVM. That’s not just a sidechain. It’s a bridge to Hyperliquid’s perpetual trading platform. You can trade spot on Ramses v2 and hedge with futures on Hyperliquid - all in one workflow. That’s unique.

Camelot is simpler. Great for beginners. But if you’re holding more than $5,000 in LP positions, you’re leaving money on the table. Uniswap v3 is the gold standard for liquidity control - but it has no token rewards. Ramses v2 adds the financial incentive layer.

Who Should Use Ramses v2?

This isn’t a "set it and forget it" DEX. If you’re new to crypto, stick with Uniswap or Coinbase. Ramses v2 demands attention.

You should use Ramses v2 if:

  • You lock crypto tokens for months and want to earn more than just trading fees
  • You follow DeFi projects and want to help them succeed - and get paid for it
  • You trade on Arbitrum and want lower slippage than Uniswap v3
  • You’re interested in HyperEVM and want to connect spot trading with derivatives
  • You’re tired of token emissions being dumped randomly and want control over where they go

If you’re just swapping ETH for USDC once a month? Skip it. But if you’re managing a portfolio, running a liquidity strategy, or actively participating in DeFi governance - Ramses v2 is one of the most powerful tools on Arbitrum.

A DeFi temple with locked RAM pillars and voters offering bribes, crowned by a glowing veNFT under cosmic bridges.

Partnerships and Ecosystem Strength

Ramses v2 isn’t alone. It’s backed by major DeFi names: Liquity, Frax Finance, Yearn, Olympus DAO, Alchemix. These aren’t random projects - they’re pillars of the DeFi economy. If they’re integrating with Ramses v2, it’s because the protocol delivers real utility.

It’s also integrated with top aggregators: 1inch, Paraswap, Odos, Kyberswap. That means you can access Ramses v2’s liquidity without even visiting its interface. Your wallet’s swap function might already be using it.

And cross-chain? LayerZero and Axelar are connected. So if you’re on Polygon or Base, you can still trade Ramses v2 pairs - just through bridges. That’s not native, but it’s enough to make the protocol feel ubiquitous.

Is Ramses v2 Safe?

No DeFi protocol is 100% safe. But Ramses v2’s contracts are audited and live on Arbitrum - one of the most battle-tested Layer 2s. The veNFT system is well-documented. There’s no rug pull history. The team has been transparent about upgrades, including the shift from ve(3,3) to x(3,3) - a more user-friendly version of the same model.

The biggest risk? Volatility. If RAM crashes 50%, your veNFT rewards shrink. But that’s true of any governance token. The protocol itself isn’t at risk - the token is.

Always use a hardware wallet. Never approve unlimited spends. And don’t lock more RAM than you’re willing to hold for 6+ months.

How to Get Started

1. Connect your wallet (MetaMask, Coinbase Wallet) to app.ramses.exchange (Arbitrum) or the HyperEVM version.

2. Buy RAM on a DEX like SushiSwap or 1inch. You’ll need it to lock and vote.

3. Go to the "Lock" section. Choose how long to lock - 1 week to 4 years. Longer locks = more voting power.

4. Pick your pools. Vote for the ones you believe in. You can change this weekly.

5. Add liquidity if you want. Concentrate it where the action is. Monitor your rewards.

That’s it. No complex steps. No hidden fees. Just direct control over your capital’s impact.

Is Ramses v2 better than Uniswap v3?

It depends. Uniswap v3 is simpler and works on more chains. Ramses v2 is more powerful if you want to earn extra rewards, vote on liquidity incentives, and trade on Arbitrum with lower slippage. If you’re just swapping tokens, Uniswap wins. If you’re managing liquidity strategically, Ramses v2 is superior.

Can I stake RAM without providing liquidity?

Yes. You can lock RAM to get a veNFT and earn voting power - even if you don’t add liquidity. You’ll still get a share of swap fees from the pools you vote for, even if you’re not providing capital. This makes RAM a governance token with passive income, not just a liquidity tool.

What’s HyperEVM and why does it matter?

HyperEVM is a Layer 2 built by Hyperliquid that’s compatible with Ethereum Virtual Machine but optimized for trading. Ramses v2 on HyperEVM lets you connect spot trading with Hyperliquid’s perpetual futures in one interface. This is unique - no other DEX offers this depth of integration with a derivatives platform.

How often do I need to vote?

You can vote anytime, but it’s best to review your choices weekly. Projects change. New ones launch. If you keep voting for a pool that’s no longer active, you’ll miss out on better rewards. The system doesn’t auto-renew - you have to stay engaged.

Is Ramses v2 worth it for small investors?

If you have under $1,000, it’s probably not worth the effort. The complexity and volatility don’t justify the returns at small scales. But if you’re holding $5,000+ in crypto and want to optimize your yield, Ramses v2 is one of the best tools on Arbitrum.

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14 Comments

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    Josh V

    January 18, 2026 AT 13:55
    Ramses v2 is the real deal if you're on Arbitrum. Slippage dropped for me by like 80% on big swaps. No more crying over 2% price impact.
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    Alexis Dummar

    January 19, 2026 AT 06:56
    i've been locking ram for 6 months now and honestly the rebases are wild. my veNFT balance went up 14% even though ram price dipped. it's like the protocol is whispering 'you're doing good, keep going'. the bribes from new projects? chef's kiss. this isn't just a dex, it's a governance playground.
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    Ashlea Zirk

    January 20, 2026 AT 15:43
    While the technical architecture of Ramses v2 presents a compelling case for capital efficiency and fee distribution optimization, one must carefully evaluate the counterparty risk associated with token volatility and the non-trivial time commitment required for active governance participation. The ve(3,3) model, while innovative, introduces a non-linear reward structure that may not align with all risk profiles.
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    Patricia Chakeres

    January 22, 2026 AT 02:26
    ve(3,3)? Sounds like another crypto cult. Andre Cronje’s ‘masterpieces’ always end in rug pulls. And HyperEVM? That’s just a rebranded sidechain with a fancy name. They’re all just trying to pump RAM before the devs disappear with $20M. I’ve seen this movie before.
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    CHISOM UCHE

    January 22, 2026 AT 13:55
    The veNFT mechanism is an elegant solution to the free-rider problem in DeFi liquidity provision. By aligning incentive structures with governance participation, Ramses v2 effectively internalizes externalities that plague traditional AMMs. The bribery layer, while controversial, represents a market-driven mechanism for liquidity bootstrapping that outperforms speculative airdrops.
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    Anna Gringhuis

    January 22, 2026 AT 16:40
    I just locked 15k RAM and voted for the new $WHALE pool. Within 48 hours, the pool had $8M in liquidity and I got 2.3k in bribes. I cried. Not because I made money - because I finally felt like I was part of something that actually rewards effort. This is what DeFi was supposed to be.
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    Shaun Beckford

    January 23, 2026 AT 10:06
    Ramses v2? More like Ramses v2.0.0.1-buggy. I got frontrun twice last week on Arbitrum. The 'low slippage' claim is marketing fluff. And HyperEVM? That’s just Hyperliquid’s cash grab wrapped in EVM packaging. They’re not building infrastructure - they’re building a casino with a whitepaper.
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    Pat G

    January 24, 2026 AT 03:27
    This is why America’s crypto dominance is slipping. We let these tiny, unregulated platforms with no legal oversight get traction. If this were built by a U.S. regulated firm, we’d have real investor protection. Instead, we’re letting Nigerian devs and crypto bros gamble with our future.
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    Christina Shrader

    January 25, 2026 AT 07:40
    I was skeptical until I saw the fee distribution breakdown. I voted for a small stablecoin pool - it got 3x the emissions in two weeks. I didn’t even add liquidity. Just locked RAM and voted. That’s power. I’m telling my whole DAO to check this out.
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    kristina tina

    January 25, 2026 AT 11:51
    I’ve been using Uniswap for years. I thought I knew DeFi. Then I tried Ramses v2. I felt like I’d been living in a cave and someone handed me a flashlight. The way you can see exactly where your vote goes - it’s like watching your money grow legs and walk into the future. I’m not just trading anymore. I’m building.
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    Lauren Bontje

    January 26, 2026 AT 14:52
    Ramses v2 is just a front for the same old pump-and-dump. Look at the tokenomics - 130M circulating, but 70% locked? That’s a trap. They’re hoarding supply so they can dump when the price spikes. Don’t be fooled. This isn’t innovation - it’s manipulation dressed up as decentralization.
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    Telleen Anderson-Lozano

    January 26, 2026 AT 21:31
    I’ve been using Ramses v2 for 9 months now, and I’ve noticed something: the more I vote, the more I learn. I used to pick pools based on APY. Now I research the team, the audit reports, the token vesting schedules. It’s not just about returns - it’s about responsibility. I’ve even started a Discord group to help new users vote wisely. It’s not just a DEX - it’s a classroom.
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    Chris Evans

    January 28, 2026 AT 16:09
    The veNFT system is the closest thing DeFi has ever had to a soul. It’s not just about earning - it’s about belonging. When you lock RAM, you’re not staking a token - you’re signing a contract with the future of decentralized finance. You’re saying: I believe in this. I will help it grow. And in return, the protocol whispers back: you are not alone.
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    Stephen Gaskell

    January 30, 2026 AT 06:51
    Ramses v2 is trash. Stick to Uniswap. It’s simple. It’s safe. It’s American.

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  • Jan, 17 2026

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