Canonical: https://builtonarc.app/guides/is-lunex-on-arc-legit # Lunex on Arc: reading the reported TVL carefully Updated 2026-09-02. Lunex's Arc StableSwap AMM: reported TVL, live status, and what's not yet confirmed as of 2 Sep 2026. > Lunex Finance (lunex.finance) describes itself as a Curve-style StableSwap AMM built for Arc. A figure of roughly $1.29 million in reported testnet TVL is circulating in ecosystem coverage — attributed here as reported, not confirmed. This page does not cover any yield or return angle; that belongs elsewhere. **Builds on Arc:** A StableSwap AMM for Arc stablecoin pairs; testnet TVL reported, not independently confirmed. · **Role:** Deploys · **Category:** Exchanges & Trading → DEXs ## What Lunex says about itself Lunex's own site title identifies it as "Lunex Finance – Stablecoin DeFi on Arc Network," and it maintains an X account (@lunexfinance). Its self-positioning, corroborated by third-party ecosystem coverage, is as a Curve-style StableSwap automated market maker: an AMM design specialized for low-slippage swaps between assets that are meant to trade near parity, such as different stablecoins. A note on naming: Lunex Finance (lunex.finance, on Arc) is a distinct project from an unrelated, older, multichain DEX called "Lunex Network" (lunexnetwork.com, X handle @LunexNetwork), which has its own history and a 2023-dated SolidProof audit unrelated to Arc. Readers searching "Lunex audit" should be careful not to attribute that older project's audit to Lunex Finance — this page found no audit specific to Lunex Finance. ## What's verifiable as of 2 Sep 2026 An Arc-ecosystem overview article reports that Lunex "demonstrated real testnet adoption with approximately $1.29 million in total value locked" and roughly $2.59 million in cumulative volume. Those figures are **reported by a secondary source, not independently confirmed on an explorer by this page**, and are presented here strictly as reported. Lunex's product description as a StableSwap-style AMM specifically for Arc stablecoin pairs is consistent across its own branding and third-party coverage. ## What is not yet confirmed as of 2 Sep 2026 No named team, GitHub repository, documentation site, published contract address, or security audit specific to Lunex Finance was found. Whether the reported TVL and volume figures are independently checkable on Arc's testnet explorer is **not yet confirmed as of 2 Sep 2026** — this page did not locate the specific pool contracts. Whether Lunex Finance has any relationship, formal or informal, to the older Lunex Network project is **not yet confirmed as of 2 Sep 2026**; treat them as separate until shown otherwise. ## Status and on-chain checks **Status:** Testnet — reported TVL (~$1.29M) per secondary source, not confirmed on-explorer by this page. **On-chain checks (Deploys role):** Contract — pool contracts not located. Audit — none found. ## How to check it yourself If you want to confirm the reported TVL yourself, look for Lunex's pool contracts on Arc's testnet explorer (testnet.arcscan.app) and check locked balances directly rather than relying on a secondary figure. Confirm you're looking at lunex.finance and @lunexfinance, not the unrelated lunexnetwork.com project, before reusing any audit or history you find. Our general checklist is at [how to research an Arc project before using it](/guides/how-to-read-an-arc-project-entry). See also [Exchanges & Trading on Arc](/category/exchanges-trading). Any yield, APY, or return angle on Lunex's stablecoin pools is outside what Built on Arc covers — see [ArcYield](https://arcyield.app/?utm_source=builtonarc&utm_medium=guide&utm_campaign=arc) for that. Sources: - [Lunex Finance – Stablecoin DeFi on Arc Network](https://www.lunex.finance/) - [Overview of Arc Ecosystem Projects Under Circle (WEEX)](https://www.weex.com/news/detail/overview-of-arc-ecosystem-projects-under-circle-hohy6g9r0turnf6qatn2kjia) ## Questions **Is the $1.29 million TVL figure confirmed?** It is reported by a third-party ecosystem article, not independently verified against an explorer by this page. Treat it as reported, not established. **Is Lunex Finance the same as Lunex Network?** No — they appear to be separate projects with different domains and different X accounts. Any audit or history attached to Lunex Network should not be assumed to apply to Lunex Finance on Arc. **Does Lunex Finance offer yield or staking?** That's outside what this page covers — see ArcYield for anything related to returns on Arc stablecoin pools. **Has Lunex Finance been audited?** No audit specific to this project was found as of 2 Sep 2026. **Is Lunex live on Arc mainnet?** No — Arc mainnet launches 16 September 2026; any Lunex activity found for this page relates to testnet.