Decentralized exchanges (DEX)
Decentralized exchanges (DEX) are a type of cryptocurrency exchange where users can trade assets with minimum input from third parties or without a middleman at all. Dexes can be a bit tricky for beginners to get hang on but the interest is in huge growth with all the DeFi boom. All items are ranked by the community, upvote your favorite ones!
Uniswap is one of the most popular fully decentralized protocols, meaning it isn’t owned and operated by a single entity. Uniswap tries to create efficiency by solving liquidity issues with automated solutions, which has been a pain for first dexes.
Tokenlon is a decentralized exchange-based 0x protocol for atomic swaps, which provides users better prices and faster speed. Tokenlon charges a standard 0.30% fee but you can get fee discounts based on the numbers of LON tokens to hold.
SushiSwap is a fork of Uniswap and it launched in September 2020. With SushiSwap users can buy and sell crypto assets from a collection of liquidity pools. Users can also farm SUSHI providing liquidity to the pool.
Curve is an automated market maker protocol designed for swapping between stablecoins with low fees and slippage. Users can their assets to different liquidity pools and earn fees.
BurgerSwap is a decentralized exchange that runs on Binance Smart Chain. It allows you to swap between tokens on BSC. You can also earn rewards for providing liquidity to these markets.
Matcha is a decentralized trading platform that is powered by 0x protocol. Matcha aggregates liquidity from multiple sources so you will get your cheapeast avialable from the supported pools.
Venus is a decentralized marketplace for lenders & borrowers with borderless stablecoins. VAI is built on Binance smart chain that is backed by stablecoins and crypto assets without centralized control.
1inch is a decentralized exchange aggregator to help visitors to find best trade prices from multiple places. 1inch works both Binance Smart Chain and Ethereum network.
PancakeBunny is DeFi yield aggregator whose protocol helps farmers to leverage their yield farming with auto compound. Using zap function you can also exchange tokens from PancakeSwap.
PancakeSwap is a decentralized exchange for trade tokens against liquidity pool on Binance Smart Chain. You can also yield farm or stake different kind of cryptos to earn new tokens.
BitSwap is a decentralized exchange aggregator that is built with 0x protocol. BitSwap searches from 14 different sources to get best price to swap your tokens.
Balancer is a decentralized exchange that is developed on the Ethereum blockchain. Balancer also allows users to earn profits by contributing to customizable liquidity pools.