Where today’s DEXs are falling short, explained
Users expect decentralized platforms to do more than facilitate trades; platforms also deliver optimal prices and reward opportunities. What are some of the best platforms available on the market today?Modern exchanges are aggregating deeper liquidity to ensure sufficient funds in pools.The number of modern platforms is rising, making it hard for a user to choose the most suitable option. KyberSwap is one competitive DEX on the market, operating with the ability to aggregate liquidity from over 80 exchanges across 11 chains extending from Avalanche to Aurora. Working hand in hand with a....
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The future will see DEXs challenge centralized exchanges by finally separating custody and exchange, says the co-founder of IDEX.
Nowadays, cryptocurrencies are moving into DeFi. It’s a good option to be the one who manages your digital capital and at the same time handles every decision. That’s why it’s necessary to choose the most reliable platform with helpful conditions. So let’s observe the top 5 DEXs, currently operating, and then compare their offers and […]
2020 was a good year for the DeFi sector as several platforms saw an increased interest from traders and users. As these platforms offered new liquidity options for traders and helped them earn more profit, there was a sudden flow of income, resulting in more DEXs opening up to capitalize on this opportunity. One of […]
DEXs conceivably hold great promise for the future of derivatives trading, but not at the cost of security, speed and availability for all. If the words “derivatives trading” conjures up images of men in suits with disheveled white sleeves rolled up to the elbows and exacerbated expressions on their faces — like something out of The Big Short — then the word decentralized exchanges (DEXs) must conjure up, well, nothing. There are no offices, no floor traders waving papers and certainly no men in suits. DEXs are managed automatically or semi-automatically with the involvement of platform....
Crypto asset trading has continued to skyrocket in 2021, hitting new and unprecedented records: Volumes reached $3.8 trillion in April 2021 when bitcoin hit its all-time high. Between August 2020 to 2021, the traded value on large decentralized exchanges (DEXs), like Curve, Uniswap, and PancakeSwap grew by about 550% Major centralized exchange (CEX) Binance’s spot cryptocurrency trading volumes totaled $789 billion in September, versus $454 billion (€390.7 billion) in July, while derivatives volumes jumped almost 25% to $1.7 trillion. DEXs have been gradually grabbing market share....