Peer-to-peer transactions can also be carried out straight from your digital wallet using a decentralized exchange, eliminating the need for a middleman. The control over one’s money and how it is transferred rests with the DEX user. Decentralized Exchange (DEX) tokens have a total market capitalization of $11,204,028,711 and a total trading volume of $1,242,178,391 in the last 24 hours.
Note: This List is sorted by their market capitalization from lowest to highest
LuaSwap (LUA)
- Price Unit: $0.007055
- Market Cap: $1,323,265
- Distinct Features: To encourage Liquidity Providers (LPs) to stick with the protocol, the LUA token will be distributed.
LuaSwap is a multi-chain liquidity system for developing token projects that require no seed money, founder fees, or pre-mining.
LuaSwap is a new swap protocol that was influenced by prior AMM-based swap protocols like Uniswap and SushiSwap. The new token economics and operating method of LuaSwap, on the other hand, addresses the shortcomings of other swap systems.
The LUA coin, at its core, provides a community-governed, multichain technology. The emphasis is on supporting smaller pools of new coins rather than competing for liquidity within the top token pools.
Exchange: $LUA is currently trading live on LuaSwap.
UniLayer (LAYER)
- Price Unit: $0.05541
- Market Cap: $1,418,574
- Distinct Features: Unilayer includes price charts incorporated right into the Dashboard, which is what traders expect from professional solutions.
UniLayer is a next-generation decentralized trading platform built on top of Uniswap, concentrating on automated swaps and liquidity management, staking, farming, charting and analytics, live order books, and much more.
Unilayer monitors the on-chain status for liquidity, token values, and exchange rates and initiates real-time feeds to the dashboard for automated trading.
Unilayer offers a streamlined user interface that extends Uniswap liquidity pools in the form of lending liquidity, enabling automation of adding and removing liquidity from a pool provided critical indicators are fulfilled.
Exchange: $LAYER is currently trading live on CoinTiger, BitMart, KuCoin, Gate.io, and MEXC.
Integral (ITGR)
- Price Unit: $0.02023
- Market Cap: $2,509,019
- Distinct Features: Integral can accomplish the same depth with considerably less cash by mirroring order books from exchanges such as Binance and Uniswap.
Integral is a new DeFi primitive that executes huge orders efficiently. It is now the only such primitive with a functional product and is positioned to grab the precise section of significant client trading volume for DeFi.
Integral works smartly by executing an order based on an oracle’s average price over time (currently, Uniswap’s 5-min TWAP). This system mimics how centralized exchanges process large orders: they are split and executed over time.
Integral mirrors order-book and AMM from some of the leading centralized and decentralized exchanges to give a competitive price with practically 0% price impact and creates a highly liquidity-rich environment for these huge orders to execute.
Exchange: $ITGR is currently trading live on Gate.io, LBank, MEXC, and DODO (Ethereum).
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.
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