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BNB $608.32 +0.55%
XRP $1.15 +1.90%
ETH $1,676.93 +0.81%
BTC $64,077.10 +1.12%
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Cryptospace with JustSwap Pancakeswap Quickswap Secretswap Sushiswap and more

cryptospace
Community Trust ScoreLikely Real
78%
Real
Likely Real41 votes
Updated 5 years ago

MedUSA Expressed:  Tron ecosystem doesn’t have many community projects, JustSwap is an exchange with a centralized governance (as almost the whole ecosystem, get out of there).

Mdex have decent tokenomics (just too much to treasury imo), but have almost the same tech as other DEX’s.

Orion protocol is a DEX liquidity aggregator (as 1inch), which add an additional fee when you trade in there, it is deploying on different chains to make the illusion of have access to all liquidity. I admit the order book function is good.

Pancakeswap is the most successful DEX in BSC, they added stuff like lottery, teams, events, IDO’s and futures. Maybe another fork to V3 could make interesting tokenomics, meanwhile i don’t like the team claims to burn tokens that were never in circulation.

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Pangolin is very popular in Avalanche ecosystem, the token have a fair distribution but probably a fork of the protocol will be needed to give PNG token more utility.

Quickswap is one of the most used DEX’s in Polygon (Ethereum L2), with a fair distribution but QUICK token is only needed to pay stakers and governance purposes.

Raydium is the most used DEX in Solana network (more than Serum) and have a nice order book system. W/e, the RAY token distribution doesn’t seems fair enough to me.

SecretSwap is clearly a copy of Uniswap V1 protocol, anyways a fork is needed if users want the SEFI token to have an utility in the DEX. Maybe the team just want to follows Uniswap steps with the addition of Privacy.

SushiSwap is perhaps the most famous fork of Uniswap, they added utility to the SUSHI token and now they have more features like lending and leverage operations. Fantom users seem to prefer SushiSwap for their trades (for now).

Uniswap is now on its 3rd version of the protocol, adding new cool features, but many users still prefer V2 protocol and liquidity is divided, maybe Ethereum 2 with PoS could fix this issue adding up gradable smart contracts (some year).

WaultSwap is gaining popularity in BSC and Polygon (which is crazy because is very very inflationary), just 10% of the swap fee is used to buy back Wex and burn it, which is quite useless with that token emission, maybe a fork of the protocol could help.

ZKSwap is on of the most used DEX for ZK rollups (another Ethereum L2 solution), is quite similar to other Uniswap copys out there, which seems to gives popularity between Ethereum community.

Community Trust IndexHigh Confidence
78%
Real
Real78%22%Fake
41 community signals

Dan Saada

Dan Saada holds a Master of Finance from ISEG Business School (France). With years of experience covering digital assets, Dan specializes in cryptocurrency market analysis, blockchain technology, and decentralized finance.

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