Decentralized exchanges (DEXs) empower users to trade cryptocurrencies without intermediaries, ensuring full control over assets. This guide explores the top DEXs across major blockchains, their fees, listed tokens, and unique features.
Why Use Decentralized Exchanges?
- Non-custodial: You retain ownership of private keys.
- Transparency: Trades execute via smart contracts on-chain.
- Multi-chain support: Trade assets on Ethereum, EOS, TRON, Binance Smart Chain, and more.
👉 Explore the best DEXs for secure trading
Ethereum-Based Decentralized Exchanges
1. IDEX
Hybrid DEX with 450+ trading pairs and staking rewards via IDEX/IDXM tokens.
- Fees: 0.1% (maker) / 0.2% (taker) + gas.
- Stablecoins: DAI, PAX, USDS.
- Verification: Tiered KYC (up to $5K daily withdrawals).
2. ForkDelta
Fork of EtherDelta with enhanced token listings.
- Fees: 0.3% + gas.
- Stablecoins: DAI.
3. KyberSwap
Multi-token swaps (70+ assets) powered by Kyber Protocol.
- Fees: 0.1% (limit orders) or free for 2K+ KNC holders.
- Stablecoins: DAI, USDC, EURS.
👉 Trade with zero fees on KyberSwap
Automated Market Makers (AMMs)
4. Uniswap
Liquidity-driven protocol for ERC-20 tokens.
- Fees: 0.3% (distributed to LPs).
- Governance: UNI token.
5. SushiSwap
Uniswap fork with SUSHI staking rewards.
- Fees: 0.3%.
6. Balancer
Customizable pools with up to 10 tokens and adjustable weights.
- Fees: Variable (0.0001%–10%).
EOS & TRON DEXs
EOS-Based:
- Newdex: 0.1% fee, cross-chain support.
- WhaleEx: Fee-free trading with WAL staking.
TRON-Based:
- JustSwap: TRC-20 AMM (0.3% fee).
- Poloni DEX: Zero-fee trading.
Binance Smart Chain & Others
PancakeSwap
Top BSC DEX with CAKE token rewards (0.2% fee).
Bisq
Decentralized Bitcoin exchange (peer-to-peer, no KYC).
FAQ
Q: Are DEXs safer than centralized exchanges?
A: Yes—funds stay in your wallet, reducing hacking risks. Always use hardware wallets for large sums.
Q: What’s the cheapest DEX?
A: Poloni DEX (0% fees) and Bisq (low P2P fees).
Q: Can I trade stablecoins on DEXs?
A: Yes! DAI, USDC, and more are widely listed.
Decentralized exchanges evolve rapidly. Bookmark this guide for updates on new platforms and token listings!