# dex

#### What Ambient (previously known as CrocSwap) is a DEX that is run in a single smart contract, where individual AMM (automated market maker) pools are included in the same contract instead of being separate smart contracts. Ambient single-contract architecture is designed to reduce gas and taxes while allowing users to seamlessly manage collateral in a single platform. #### Why? Ambient was developed as a new codebase that provides various different features compared to other DEXes. The team believes that the economics of AMMs are "broken", which causes liquidity to be centralized and controlled by very few. In order to change this, Ambient built their protocol from the ground-up allowng for deeper and varied types of liquidity and introduced various features and quality of life improvements vs other DEXes. These features include: * Gas savings vs other competing DEXes * Gasless transactions - users can pay in the swapped token instead of ETH for gas (using the EIP-712 off-chain standard) * Permissioned pools * Different types of liquidity - Concentrated (similar to UniV3), ambient (similar to UniV2), and knockout (similar to limit orders) * Dynamically adjusted pool fees

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.

CowSwap is the first trading interface built on top of Gnosis Protocol v2. CowSwap is a Meta DEX aggregator that allows you to trade with MEV protection.

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 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.

AI-powered dashboard that analyzes on-chain data, trade volume and price trends to discover tokens that would likely trend in the near future.

Lyra’s decentralized exchange is the easiest place to buy and sell options on cryptocurrencies.

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.

Orca is a decentralized exchange (DEX) on the Solana blockchain, designed with a focus on ease of use and efficiency, targeting both new and experienced users in DeFi. It stands out for its intuitive interface, fast transaction speeds, and lower costs, thanks to Solana's capabilities. Orca also emphasizes community and sustainability, incorporating features like impact investing through its "Whirlpools" for liquidity providers, aiming to make DeFi more accessible and beneficial for a broader audience.

Paraswap aggregates decentralized exchanges and other DeFi services in one comprehensive interface to streamline and facilitate users' interactions with Ethereum's decentralized finance.

Perpetual Protocol is an on-chain perpetual futures DEX with deep liquidity and builder-ready composability.

Primitive is an ecosystem of efforts to build an innovative and oracle-free solution to DeFi derivatives. Under Primitive is a US equity company Primitive Bits, the decentralized RMM protocol, and the Primitive Products

The SpiritSwap protocol adds incentives for Fantom network participants by introducing revenue sharing through the classic AMM model

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 protocol's native token, SUSHI, can be staked in order to claim a part of the protocol's fees.

Trisolaris is #1 Dex on the Aurora engine, an EVM compatible blockchain running in the near ecosystem.

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.

The best-in-class liquidity, democratized across CeFi and DeFi. WOO Network connects traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity and trading execution at zero or low cost.