Decentralized exchanges (DEXs) are peer-to-peer marketplaces for buying and selling digital belongings akin to BTC, ETH, BNB, SOL, and many others. Tons of of outstanding DEXs can be found, every with distinctive options and choices, which may make it considerably difficult to search out the right platform in your wants. So, that will help you navigate the area, we’ve created a listing of DEX platforms at the moment making waves within the crypto {industry}, which we’ll study additional on this article. From Uniswap to PancakeSwap and Curve Finance to Orca, we’ll cowl a full DEX record of the most important exchanges on Ethereum, BNB Good Chain, Polygon, Arbitrum, Avalanche, Fantom, and Solana!
Listing of DEXs OverviewÂ
We’ll kickstart at the moment’s article by diving into the ins and outs of DEXs. In doing so, we’ll clarify what they’re, how they work, and canopy some advantages of utilizing these platforms. From there, we’ll bounce into our full DEX record that covers outstanding exchanges on the next blockchains: Ethereum, BNB Good Chain, Polygon, Arbitrum, Avalanche, Fantom, and Solana. Subsequent, we’re then going to broaden on this record by diving a bit deeper into the {industry}’s largest DEXs. Lastly, for these curious about constructing their very own alternate, we’ll introduce you to Moralis – the {industry}’s premier Web3 API supplier!
With Moralis’ cross-chain suitable Web3 APIs, you possibly can effortlessly fetch and combine on-chain information and Web3 performance into your decentralized functions (dapps) with just a few traces of code. As such, when working with Moralis, it has by no means been simpler to construct blockchain-based tasks.Â
So, if you wish to supercharge your Web3 growth endeavors, join with Moralis instantly, and also you’ll have the ability to begin leveraging the total energy of blockchain know-how at the moment!Â
So, what’s a DEX? With out additional ado, let’s dive into the primary part and reply that query!
What’s a DEX?Â
Decentralized exchanges (DEXs) are peer-to-peer (P2P) marketplaces for buying and selling cryptocurrencies like Bitcoin, ether, USDC, USDT, and many others. In comparison with centralized exchanges (CEXs) – which depend on a government to facilitate transactions – a DEX means that you can seamlessly commerce cryptocurrencies in a non-custodial method with out middleman involvement!
So, how does this work?
Within the absence of intermediaries and central authorities, DEXs leverage decentralized applied sciences – akin to blockchain networks and sensible contracts – to facilitate trades instantly between customers.Â
Good contracts are basically self-executing packages saved on blockchain networks like Ethereum, Polygon, Abitrum, and many others. These contracts are programmed to run each time some predetermined situations are met, making them ideally suited for automating trades, transactions, and different operations.Â
All in all, DEXs are P2P marketplaces that assist you to commerce cryptocurrencies effortlessly with out middleman involvement!Â
With a quick overview of what DEXs are and the way they work, let’s now discover the advantages of those platforms in comparison with CEXs!Â
Advantages of DEXs
DEXs have many advantages, and on this part, we’ll discover 5 outstanding examples:Â
Improved Safety: Since DEXs are non-custodial, you by no means need to relinquish management of your personal keys when utilizing these platforms. This minimizes the dangers of delicate info stepping into the arms of hackers and different bad-faith actors.  Low Charges: By leveraging sensible contracts, DEXs take away the necessity for middleman involvement. In return, these platforms can function decrease charges, as no further actors cost further for his or her providers. Trustless Transactions: On CEXs, all transactions are overseen and executed by a government you might want to belief. DEXs, alternatively, execute trades by way of sensible contracts and report them on the blockchain, facilitating trustless transactions. Privateness: Not like most CEXs, DEXs don’t require you to reveal private info when buying and selling. Token Variety: There are 1000’s and 1000’s of cryptocurrencies available on the market, and CEXs train management over the tokens they record. As such, many altcoins are solely accessible by way of DEXs.Â
Now that you’ve familiarized your self with the ins and outs of those platforms, let’s dive straight into our full record of DEXs within the subsequent part! Â
Full Listing of DEXsÂ
There are various outstanding DEXs accessible throughout a number of networks, and on this part, we’ll discover a listing of platforms categorized by chain. Extra particularly, we’ll take a look at well-liked DEXs for the next seven networks:
EthereumBNB Good Chain (BSC)PolygonArbitrumAvalancheFantomSolana
As a result of huge variety of DEXs, we are able to solely cowl a few of them on this information. As such, for those who’d wish to discover further platforms and chains we don’t get into beneath, be happy to take a look at an entire record of decentralized exchanges on Moralis’ Web3 Wiki!Â
Now, let’s dive into our Ethereum DEX record!
Ethereum DEX Listing
Right here’s an Ethereum DEX record that includes three of the chain’s most established platforms:Â
BSC DEX Listing
It is a BSC DEX record overlaying three of the ecosystem’s most outstanding exchanges:Â
Polygon DEX Listing
Right here’s our Polygon DEX record that includes three of the blockchain’s most well-established platforms:Â
Arbitrum DEX Listing
That is our Arbitrum DEX record that includes three of the chain’s most outstanding protocols:Â
Avalanche DEX Listing
Right here’s an Avalanche DEX record that features three of the ecosystem’s most well-established exchanges:Â
Fantom DEX Listing
It is a Fantom DEX record with three outstanding exchanges:Â
Solana DEX ListingÂ
Right here’s a Solana DEX record that includes three of the ecosystem’s most outstanding platforms:Â
Exploring the Greatest DEXs On the Listing
The earlier part coated our full DEX record, and as you observed, it featured outstanding platforms on Ethereum, BSC, Polygon, Arbitrum, Avalanche, Fantom, and Solana. On this part, we’ll briefly broaden on this record by diving a bit deeper into the {industry}’s general main DEXs, beginning with Uniswap!Â
Uniswap: Uniswap launched in 2018 and is at the moment the most important AMM-based DEX available on the market by buying and selling quantity. Additionally, you probably have adopted alongside in our DEX record, you already know that the protocol has been deployed to a number of networks, together with Ethereum, BSC, Polygon, Avalanche, Arbitrum, Optimism, and others. Orca: Orca launched in 2021, and it’s essentially the most important AMM-based DEX on the Solana blockchain. The platform options an intuitive interface, providing a user-friendly place to swap cryptocurrencies on the community. What’s extra, Orca leverages the benefits of the Solana blockchain to facilitate fast transactions with low charges.  Curve Finance: Curve Finance launched in 2020, and it’s, very like Uniswap, a protocol accessible on a number of blockchains, together with Ethereum, Polygon, Fantom, Optimism, and others. Moreover, this AMM has many similarities to Uniswap, but it surely differentiates itself by specializing in accommodating liquidity swimming pools for belongings like stablecoins, together with DAI, USDC, USDT, and many others.Â
That offers you an outline of the {industry}’s largest DEXs. Within the following part, we’ll now introduce you to cryptocurrency alternate growth!Â
Past Our Listing of DEXs: The right way to Construct Your Personal DEXÂ
If you wish to construct your individual DEX just like Uniswap, Orca, or Curve Finance, you’ll positively need to leverage Moralis in your growth endeavors!Â
However what precisely is Moralis?Â
Moralis is the {industry}’s main Web3 API supplier, providing you with the instruments you might want to construct subtle blockchain-based tasks. With our cross-chain suitable APIs, you possibly can seamlessly fetch and combine on-chain information and Web3 performance into your dapps with out breaking a sweat!Â
To showcase the ability and accessibility of Moralis, listed below are three examples of outstanding Web3 APIs you’ll possible discover useful when constructing a DEX:Â
Pockets API: Moralis’ Pockets API is the last word device for integrating Web3 pockets performance into your dapps. With solely single traces of code, you possibly can effortlessly fetch native balances, NFTs, transactions, and extra from any deal with. As an example, that is how simple it’s to get the native stability of a pockets utilizing the getNativeBalance() endpoint:const response = await Moralis.EvmApi.stability.getNativeBalance({
“chain”: “0x1”,
“deal with”: “0xDC24316b9AE028F1497c275EB9192a3Ea0f67022”
}); Value API: The Value API is the {industry}’s most full interface for costs, overlaying every part from the smallest and latest cash to essentially the most important cryptocurrencies. For instance, you possibly can effortlessly use the getTokenPrice() endpoint to get the value of any token: const response = await Moralis.EvmApi.token.getTokenPrice({
“chain”: “0x1”,
“deal with”: “0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0”
}); Token API: Moralis’ Token API is the last word device for ERC-20 token information, permitting you to seamlessly get the metadata, stability, transactions, and many others., of any token. As an example, right here’s the getTokenMetadata() endpoint in motion: const response = await Moralis.EvmApi.token.getTokenMetadata({
“chain”: “0x1”,
“addresses”: [
“0xdAC17F958D2ee523a2206206994597C13D831ec7”
]
});
To be taught extra about all our interfaces, try our Web3 API web page!
For a full tutorial on the best way to use our APIs to construct a DEX, try the video beneath:Â
Additionally, do you know you possibly can entry all our Web3 APIs totally free? So, for those who haven’t already, be sure that to enroll with Moralis immediately!Â
Abstract: Full Listing of DEXs
We began at the moment’s article by diving into the ins and outs of DEXs. In doing so, we found that they’re P2P marketplaces for buying and selling cryptocurrency tokens. From there, we then jumped straight right into a DEX record overlaying essentially the most outstanding exchanges on the next networks: Ethereum, BSC, Polygon, Arbitrum, Avalanche, Fantom, and Solana! Subsequent, we additionally explored three of the most important exchanges additional, the place we coated the next three platforms:Â
Lastly, to high issues off, we launched you to Moralis and confirmed you the best way to construct your individual DEX utilizing our industry-leading Web3 APIs!Â
For those who favored this text offering a listing of DEXs, take into account trying out extra of our content material right here on the Moralis weblog. As an example, discover the very best crypto portfolio tracker or check out our Web3 video games record.Â
Additionally, if you wish to construct your individual DEX, bear in mind to enroll with Moralis. You possibly can create an account totally free, and also you’ll have the ability to begin leveraging all our Web3 APIs instantly!Â