DEX - News, Opinion & Analysis


606 Articles 55 Followers

A decentralized exchange (DEX) is a cryptocurrency exchange which operates in a decentralized way on a distributed ledger. One of the first DEX’s was launched in 2014 by the team behind the NXT cryptocurrency. Since then, a multitude of decentralized exchanges have launched but they are still very much in their early stages. 

Unlike centralized exchanges (CEX), which operate from centralized servers and are controlled by a central authority, DEX’s operate on a blockchain and enable peer-to-peer trading of cryptocurrencies. This is the primary difference between centralized and decentralized exchanges, but there are also many more:

Anonymity: Decentralized exchanges grant their users full anonymity, while centralized exchanges generally need to comply with KYC (know your customer) and AML (anti-money laundering) laws. 

Control of Funds: At centralized exchanges, users must trust their money to a third party. Their crypto funds are held by the centralized exchange, not the user. With decentralized exchanges, the user controls their funds as they make transactions directly from their personal wallets.

Hacks & Server Downtime: Centralized exchanges can be hacked and have downtime because they have central points of failure for hackers to target. Decentralized exchanges are impossible to hack because all participants are servers and if someone is hacked, the DEX will not notice and continue running. 

Open Source: A true decentralized exchange is completely open source so that anyone can open its code and see the algorithms and technologies it uses. With centralized exchanges, everything is privately owned and the user cannot identify what algorithms are being ran or technologies being used. 

Inching Closer To Perfect DeFi Aggregator: What is 1inch?

8 hours ago 3 minute read 0 comments GetBlock

The most inspiring airdrop of late 2020, 250% price rally and (probably) the most efficient aggregator across Ethereum and Binance Smart Chain. What's special about 1inch? In turbulent ‘DeFi summer’ of 2020, crypto segment witnessed a number of eye-...

$HORD Token Economy

5 May 2021 1 minute read 1 comment Melusine

The deflationary token economy of Hord.App is built around the $HORD token. Here’s how it’s going to work in a nutshell: There’s a number of mechanisms in place that drive the $HORD token economy. The first of which is based on hPools (the ETFs or “t...

Loopring $LRC Technical Analysis 5 May 2021

5 May 2021 1 minute read 0 comments Mandrakata

Technical Analysis Since last TA update prices tested $0.60 resistance without breaking it, on first run. As always moves were anticpated by RSI indicator loss of momentum.We are now between $ 0.50 support and...

🤔 How’s PancakeSwap On-Chain Performance After V2 Launch❓

4 May 2021 1 minute read 1 comment

  The most prominent decentralized exchange (DEX) on the Binance Smart Chain (BSC), PancakeSwap launched PancakeSwap V2 on 23rd Apr, migrating two of their current smart contracts to new, upgraded contracts with more DeFi features.  The migration me...

What is Ninjaswap? New DEX, huge Gains and Benefits!

4 May 2021 2 minute read 2 comments Feedmypsyche

NinjaSwap is a dex that enables swapping, farming, and staking for BEP-20 tokens. its AMM follows the tradition of Uniswap. But it gets its speed and affordable transaction fee from Binance Smart Chain. Besides that, unlike other swap platforms, a li...

Introducing HORD LP Staking Farm

3 May 2021 1 minute read 0 comments Melusine

Hord is excited to announce its official Uniswap liquidity mining program, aptly named: HORD LP Staking Farm. The first round of the program rewards holders of Liquidity Provider tokens from the HORD-ETH liquidity pool on Uniswap with up to 1.500....

What to expect from ShibaSwap

2 May 2021 2 minute read 0 comments Aerith

I’ve not been in crypto that long to know how it was before, but meme tokens are growing like crazy this year for sure. I’m not a 100% supporter of the trend, but I can relate to anyone who decided to buy a couple just for fun. You know, just so you...

FishSwap (FISH) || Automated Market Maker (AMM) & Yield Aggregator - Decentralized Exchange Protocol on BSC.

2 May 2021 1 minute read 0 comments FreedomBuilder

  🏦 FISH is Already listed on DEX FishSwap at the price of 1 FISH = 0.70$📌 DEX FishSwap: 🎁 Total Reward:📌 Receive 270 FISH ≈ $189 for Simple Media tasks.📌 Get 40 FISH ≈ $28 for each Referral. 💎 Start FishSwap Telegram...

Loopring $LRC Technical Analysis 1 May 2021

1 May 2021 1 minute read 2 comments Mandrakata

Technical Analysis Following my previous setup, we see prices that had breakout from accumulation zone in an uptrend.With last Close above short MA we could set a new target for $0.60 and later for $0.71 (both...

Reef Finance welcomes Kwikswap DEX to build on Reef Chain

30 Apr 2021 2 minute read 1 comment Shiller Gorilla

Reef is delighted to welcome Kwikswap into its growing ecosystem, as it becomes the first project to build on the Reef Chain. Kwikswap is a prominent building block of Layer 2 DeFi with a lightning fast decentralised swap exchange protocol. Much lik...