Decentralized Exchanges are a new and evolving form of digital currency that operates without a central authority. Cryptocurrencies are decentralized because they are not subject to government or financial institution control. Bitcoin is the first and most well-known decentralized cryptocurrency. Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and control the creation of new units. Cryptocurrencies are decentralized because they are not subject to government or financial institution control. Find the list below about Decentralized exchange.
List Of Some Decentralized Exchange
Kraken is Decentralized Exchange that can be used to buy and sell cryptocurrencies like Ethereum and Bitcoin. Kraken Exchange is one of the oldest Bitcoin exchanges that support many more different Crypto coins to buy/sell and trade with competitive exchange fees.
Cronos (CRO) is the native coin of Crypto.org and Crypto.com’s all-in-one cryptocurrency platform. CRO is a token of blockchain designed by CRO Protocol Labs. Cronos is a company that provides an all-in-one decentralized finance service and exchange. Cronos’s price today is $0.148749 USD and its trading volume is $24,084,492 USD.
DODO is a decentralized exchange built on an Ethereum base with a ‘proactive market maker’ a customized version of an automated market maker. DODO plan to be the best-decentralized exchange ranking based on trading volumes and market share. The DODO is a native coin that works on the ERC-20 token protocol. DODO price today at the time of writing this article is $0.166237 USD and a trading volume is $10,027,248 USD.
Balancer is a decentralized exchange trading platform that works on automated market makers in the cryptocurrency ecosystem. Balancer is a liquidity pool protocol that allows users to provide liquidity. The price of Balancer according to CoinMarketCap is $6.48 USD and the volume is $37,672,825 USD.
Uniswap is an automated liquidity protocol that works on Ethereum-based cryptocurrency exchange with its own governance token, UNI. Uniswap is a decentralized exchange that allows users to swap ERC-20 tokens. Uniswap price today according to CoinMarketCap is $8.01 USD and its trading volume is $163,281,045 USD.
Aave is Defi lending protocol based on the Ethereum blockchain that allows users to lend and borrow crypto coins without having to go via a centralized mediator. Lenders can earn their interest by depositing their assets into liquidity pools, and Borrowers can then their cryptocurrencies as a guarantee to take out loans using this liquidity. Today market price of Aave is $106.80 USD with a 24-hour trading volume of $180,540,663 USD.
PancakeSwap is a decentralized exchange (DEX) based on Binance Smart Chain. PancakeSwap allows users to trade cryptocurrencies without an intermediary. PancakeSwap today’s price is $4.0924359 USD and its trading volume is $40,210,541 USD.
OpenLeverage is a permissionless margin trading protocol that allows users or other applications to go long or short to trade on any pairs on DEXs efficiently and securely. OpenLeverage has a lot of features that allow traders to lend and margin trade in a permissionless infrastructure.
The price of OpenLeverage is $0.041790 USD
and the trading volume is $470,569,353.61 USD.
Biswap is a first decentralized exchange platform that can swap BEP-20 tokens on Binance chain network. Biswap provides a unique three-type refferal program and various services. The main advantage are: It provide a lowest transaction fees in the Defi Space. Biswap today marketcap value is $0.354039 USD and the trading volume $13,688,859 USD.
Solana is a next genration open source blockhain technology. Solana support the development of smart contracts, including non-fungible tokens and a decentralized applications. Solana was founded in 2017 by Anatoly Yakovenko , and officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland. Solana price today is $40.92 USD with a 24-hour trading volume of $1,231,326,943 USD.