Top 10 Decentralized Cryptocurrency Exchanges
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Decentralised exchange (DEX) is a way of exchanging cryptocurrencies or other blockchain-based assets without a centralised agency or intermediary. The key features of the open platforms that facilitate such exchange include censorship resistance, no KYC, immutable data and high security.
Now for our Top 10 DEX list (in no particular order):
Uniswap - a protocol for exchanging ERC-20 tokens on Ethereum. Check out our Uniswap case study here: https://decentralised.news/how-decent...
Curve Finance - a decentralized exchange built on Ethereum. Read our review of Curve here: https://decentralised.news/curve-fina...
Tokenlon - leverages smart contract technology utilizing the 0x DEX protocol, to achieve rapid exchange of tokens, making asset transactions more convenient.
Founded in 2016, 0x is an open protocol that enables the peer-to-peer exchange of assets on the Ethereum blockchain.
Compound is a protocol on the Ethereum blockchain that establishes money markets.
JustSwap is the first decentralized token exchange protocol on the TRON platform, allowing users to exchange any TRC20 tokens at the system price instantly.
PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain.
Balancer is an automated market maker.
Kyber is an on-chain liquidity protocol that can be integrated into any application to enable the exchange of tokens without the need for an intermediary.
1Inch Exchange - a DeFi aggregator and a decentralized exchange with smart routing.
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