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Ranking of decentralized exchanges in the currency circle

Robert Michael Kim
Release: 2024-10-12 19:11:02
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Ranking list of decentralized exchanges in the currency circle: Uniswap: the largest DEX on Ethereum, using on-chain trading and automatic market maker models PancakeSwap: the largest DEX on the Binance Smart Chain, providing a wide range of altcoin transactions SushiSwap : A branch of Uniswap, providing similar functions and cross-chain asset bridging 1inch Exchange: DEX aggregator, collecting prices to provide the best transaction rate Curve: DEX focusing on stablecoin trading, providing efficient exchange and liquidity incentives Balancer: providing customized liquidity Pool, users can allocate assets based on risk trade-offs Raydium: The largest DEX on the Solana blockchain, providing fast low-cost transactions and access to the Solana ecosystem 8

Ranking of decentralized exchanges in the currency circle

coins Circle Decentralized Exchange Ranking

Decentralized exchanges (DEX) play a vital role in cryptocurrency trading, providing a decentralized, secure and transparent trading experience. The following are the top DEXs in the currency circle:

1. Uniswap

Uniswap is the largest DEX on Ethereum, with its automatic market maker (AMM) model is famous. Users can create or provide liquidity pools and conduct transactions through decentralized smart contracts.

2. PancakeSwap

PancakeSwap is the largest DEX on Binance Smart Chain (BSC). It offers trading on a wide range of altcoins and tokens and is optimized for BSC users.

3. SushiSwap

SushiSwap is a fork of Uniswap that provides similar functionality. It also allows users to bridge assets on other blockchains.

4. 1inch Exchange

1inch Exchange is a DEX aggregator that collects prices from multiple DEXs to provide users with the best trading rate.

5. Curve

Curve is a DEX focusing on stablecoin trading. It provides efficient stablecoin exchange and is optimized for liquidity providers.

6. Balancer

Balancer is a DEX that provides customized liquidity pools. Users can create liquidity pools composed of multiple assets and adjust the weights according to their risk tolerance.

7. Raydium

Raydium is the largest DEX on the Solana blockchain. It provides fast, low-cost transactions, and access to the Solana ecosystem.

8. Trader Joe

Trader Joe is the largest DEX on the Avalanche blockchain. It offers trading of various tokens and is optimized for Avalanche users.

9. Osmosis

Osmosis is the largest DEX in the Cosmos ecosystem. It provides cross-chain transactions, allowing users to exchange assets between different blockchains.

10. KyberSwap

KyberSwap is a multi-chain DEX that supports multiple blockchains. It provides fast, low-cost transactions, and access to different blockchain ecosystems.

These DEXs offer cryptocurrency traders a wide range of options, with features tailored to different needs and preferences.

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