Categories

swap

Airswap

AST
AirSwap is an open developer community focused on decentralized trading systems. AirSwap technology powers peer-to-peer swap networks using de facto standard RFQ and Last Look protocols making it the weapon of choice for traditional market makers entering the decentralized financial system.

Balancer

BAL
Balancer is a multi-token automated market maker (AMM) that functions as a self-balancing weighted portfolio protocol. Balancer is built on the Ethereum network. It allows anyone to create or add liquidity to customizable pools and earn trading fees. Compared to a typical constant product AMM model, Balancer uses a generalization formula that could be adjusted to any number of tokens at any amount of weightage.

Bancor

BNT
Bancor is a decentralized exchange. It is distinguished from other DEX protocols by its automated market maker, which lets people deposit liquidity in a single-sided fashion, whereas many other platforms require its visitors to provide liquidity with their tokens in an inherently two-sided way. Bancor's automated market maker mechanism achieves this through its native token, BNT, which is dynamically minted and co-invested by the protocol when visitors deposit their collateral as liquidity. Besides having BNT as the unitary counterpart asset of exchange for trading on the platform, the protocol also offers a unique solution against Impermanent Loss to its liquidity providers.

Dodo

DODO
DODO is a decentralized exchange platform powered by the Proactive Market Maker (PMM) algorithm. It features highly capital-efficient liquidity pools that support single-token provision, reduce impermanent loss, and minimize slippage for traders. The trading platform also offers SmartTrade, a decentralized liquidity aggregation service that routes to and compares various liquidity sources to quote the optimal swap rate between any two token.

dYdX

DYDX
dYdX is a leading decentralized exchange that currently supports perpetual, margin trading, and spot trading, as well as lending, and borrowing. dYdX runs on smart contracts on the Ethereum blockchain, and allows users to trade with no intermediaries.

Futureswap

Futureswap is a decentralized non-custodial perpetual protocol where users can gain leveraged exposure (up to 256x) to assets. Liquidity providers deposit passive liquidity in order to earn passive income from trading fees and FST incentives. This liquidity is utilized by the Futureswap AMM and other AMMs under the hood to create leveraged exposure. Realistically under the hood, Futureswap operates as a lending protocol as no leverage contracts are being created but only liquidity providers lending funds while holding collateral.

Mango Markets

MNGO
Mango Markets offers a DeFi platform combining safety, speed, and competitive features. It emphasizes low fees, rapid execution, and deep liquidity on the Solana network. With cross-margin accounts, community governance, and diverse trading options, Mango aims to provide a seamless trading experience. It also features innovative safety measures against manipulation and volatility, supports permissionless token listings, and encourages borrowing and earning interest on deposits. Mango encourages community development with its open-source approach, allowing for the creation of trading bots and new product integrations.

Matcha

Matcha is a user-friendly cryptocurrency exchange platform powered by 0x protocol, designed to aggregate liquidity from various sources to offer users better pricing on trades. It simplifies the process of trading digital assets by providing a straightforward interface and optimizing for the best prices available across the DeFi ecosystem. Matcha aims to make cryptocurrency trading accessible to both beginners and experienced traders by offering an intuitive experience and detailed asset information.

Muffin

Muffin is an automated market maker (AMM) protocol that supports these core features: Concentrated liquidity, Multiple fee tiers per pool, Limit range orders, Internal accounts

odos

Odos is a decentralized exchange aggregator that optimizes order routing across multiple blockchain protocols, accessing over 700 liquidity sources and thousands of token pairs. It uses a proprietary algorithm for Smart Order Routing (SOR) to find the most efficient paths for swaps, ensuring users get the best rates while maintaining self-custody and security. Odos stands out by allowing atomic multi-token swaps in a single transaction, aiming to save on gas costs and reduce market impact for its users.

Saddle

Saddle is a decentralized automated market maker on the Ethereum blockchain, optimized for pegged value crypto assets such as stablecoins and wrapped BTC. Saddle enables cheap, efficient, swift, and low-slippage swaps for traders and high-yield pools for LPs. Saddle’s open-sourced StableSwap implementation in Solidity is the pillar for many DeFi projects, across different verticals and blockchains.

Sushi

SUSHI
Sushi is a decentralized exchange protocol. While originally launching as a Uniswap fork, the project's community has since developed a wide range of features that make use of decentralized liquidity pools. The Kasi suite of the protocol allows people to lend and borrow tokens as well as to trade with leverage in a decentralized way, for example. The protocols native token, SUSHI, can be staked in order to claim a part of the protocol's fees.

Uniswap

UNI
Uniswap is a decentralized exchange protocol (DEX). It allows people to set up or contribute to liquidity pools consisting of various ERC-20 token pairs, or to use the available liquidity to swap their tokens against another using its Automated Market Maker (AMM) mechanism. ### Why AMMS are one of the building blocks in the crypto space as they always provide users with a price between two assets. Uniswap uses a simple X * Y = K, formula to price assets where x is the amount of one token in the liquidity pool, and y is the amount of the other. k is a fixed constant, meaning the pool’s total liquidity is always the same. ### Risk There are various risks involved with using AMMS. These include but are not limited to: Protocol Risk - risk due to mechanics in the design of a protocol. Even when the protocol functions as intended there might be risks e.g. high slippage incurred in trades due to the liquidity curve set-up Smart contract risk - This is risk from an error in the code causing the contract to operate in ways unexpected by the developers. It might leave the code vulnerable to exploits or other attacks Cybersecurity risk - Hackers, Exploiters or other malicious actors trying to attack Uniswap ### Reward Uniswap is arguably one of the largest AMMs in crypto and is usually the protocol where tokens find the most liquidity. Its UI/UX is extremely simple and users can trade most tokens with little problems.

Varen

VRN
Cross-chain swapping dApp, powered by RenVM Varen Finance is an Ethereum based multi-chain DeFi hub and a community-governed DAO. We build user-friendly DeFi products to enable an interoperable and multi-chain world. Varen Finance is led by a core team of community members that have taken over the project via formal DAO processes. Varen is partnered with Ren protocol and together with Ren Labs ecosystem projects will continue to build out cross-chain infrastructure, with a heavy emphasis on community and retail friendly user experience.

Verse

VERSE
Bitcoin.com’s multichain Verse DEX is an automated market maker-based decentralized exchange that aims to bring everyone permissionless and non-custodial trading access, with a special focus on newcomers to DeFi. Safely and securely swap crypto with low fees, including cross-chain trading between BTC, BCH, ETH and more. Anyone can also earn yield by providing liquidity to the DEX. Verse DEX is derived from the battle tested Uniswap V2 contract, and has been audited by a third-party smart contract auditor. Verse DEX is available on Ethereum and SmartBCH blockchains, but is continuously expanding onto low-fee, high transaction speed blockchains.