DEX WIKI – Cryptonium News

DEX (decentralized cryptocurrency exchanges) WIKI

dYdX

Uniswap

PancakeSwap

dYdX
Uniswap
PancakeSwap

dYdX – is the developer of the leading non-custodial decentralized exchange (DEX) focused on cutting-edge crypto products: namely various derivatives like perpetual futures. dYdX runs on audited smart contracts on trusted blockchains like Ethereum, eliminating the need for intermediaries. The name of the project is a reference to the mathematical writing of the derivative equation …

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Uniswap – is one of the most popular decentralized cryptocurrency exchanges (DEXs) and has been operating since November 2018. It pioneered the Automated Market Maker (AMM) model, replacing the traditional order book (DOM) stock model. Uniswap runs on the Ethereum blockchain and uses a range of smart contracts to securely exchange ERC-20 tokens between users …

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PancakeSwap – is a popular decentralized exchange (DEX) for swapping BEP-20 tokens on BNB Chain. It is the largest exchange in the BNB Chain ecosystem and one of the leading DEXs in terms of market share. The exchange uses an automated market maker (AMM) model to allow users to trade against a pool of liquidity. You can become a liquidity provider and receive LP tokens …

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Kine Protocol

Curve Finance

DODO

Kine Protocol
DODO

Kine Protocol – provides a peer-to-pool derivative market, where “general purpose” liquidity pools — backed by collateral of major crypto assets across multi-chains — serves as the passive counterparty to traders of perpetual contracts (perps). It provides traders with zero-slippage execution, guaranteed liquidity, up to 100x leverage with cross margin …

 

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Curve Finance – is a decentralized liquidity pool for stablecoin trading. Instead of an order book, it uses an AMM (automated market maker) model to match liquidity. As a decentralized and permissionless protocol, anyone can provide liquidity to one or more of the liquidity pools. The constant product formula of the AMM ensures maximum efficiency while incurring a minimum of slippage for traders …

 

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Dodo – is an Ethereum-based decentralized exchange with a “proactive market maker,” a customized version of an automated market maker (AMM). Dodo provides a way to issue and trade digital assets on the blockchain. It provides both its own and aggregated liquidity from other exchanges, which, according to its whitepaper, allows the exchange to offer the best prices for Web3 assets anywhere …

 

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Balancer

ApolloX DEX

Perpetual Protocol

Balancer – is a non-custodial portfolio manager, liquidity provider, and price sensor protocol. Balancer V2 offers a generalized protocol for automated market makers …

 

 

 

 

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Launched – in 2021 as a hybrid of a centralized (CEX) and decentralized exchange (DEX) for derivatives trading, ApolloX offers a stable trading infrastructure, deep liquidity and market depth for perpetual futures trading. The exchange provides the infrastructure to partner brokers who can earn interest on transaction fees. In 2022, the exchange announced its transformation into the ApolloX DAO, expanding its decentralization efforts …

 

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Perpetual Protocol – is a decentralized exchange (DEX) for trading perpetual futures – V1 was originally launched on an Ethereum scaling solution called xDai, while V2 launched on Optimism, an Ethereum layer 2 (L2) scaling solution. The exchange also plans to add other EVM-compatible blockchains in the near future. Users can trade a variety of assets with up to 10X leverage and go long or short them. Due to the non-custodial nature of the exchange, traders retain ownership of their assets and can transact directly from their wallets …

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