TOP 10 decentralized exchanges as of 2023

[Amirah]

The top decentralized exchanges contain the most requested services of this type. The following list of decentralized cryptocurrency exchanges may be useful if you are looking for a suitable cryptocurrency platform without a single control center and with anonymity.

Uniswap
The platform appeared in 2018 and was revolutionary at first. For example, it was possible to exchange ERC20 tokens for Ethereum without using the order book since smart contracts were used instead. Among the main advantages of Unisval is worth highlighting: a convenient and understandable interface, functionality, high-quality mobile version, and support for many trading pairs.

MDEX
Even though MDEX only started operating in January 2021, it has become the largest decentralized cryptocurrency exchange. To make it as easy as possible to use the capabilities of this service, its interface is more like that of a centralized exchange; charts and numbers are available.

SushiSwap
SushiSwap is a fork of the Uniswap exchange, reflected in its interface and some functions; the services are largely similar. The service is one of the most sought-after decentralized exchanges and, in many ways, justifies its name, as it has many awards on the topic of sushi.

Burger Swap
Burger Swap, like Uniswap, allows you to extract profitability from liquid pools. One of the distinguishing features of Burger Swap is the system of awards assigned for participation in service management. Like most similar exchanges, the platform uses Binance Smart Chain, not the Ethereum blockchain. The service can also please with a pleasant interface and a convenient mobile version.

PancakeSwap
The most fun decentralized exchange is reflected in the design and some of the available functions. The service developers do not reveal their personalities, which may alert some. However, PancakeSwap has Certik verified and uses the same liquidity pool protocols as most decentralized services.

JustSwap
The service works based on the TRON blockchain; TRC-20 tokens are used for the DeFi exchange. JustSwap makes swapping tokens a lot easier, but it doesn't boast many of the features available in similar apps. The protocol used by JustSwap is relatively new, so it does not come with the rewards and staking features that some centralized and decentralized exchanges support.

Bisq
The service supports many cryptocurrencies (bitcoin, ether, litecoin, etc.) and fiat currencies. Bisq is quite simple and clear to use, but you must download it on your device since the service is unavailable in the browser. Some other decentralized exchanges work on a similar principle.

open ocean
OpenOcean is an aggregator of decentralized exchanges. Its main task is to collect options from various services and offer users the most profitable. This service has become popular because it does not collect customer protocol fees. In addition, OpenOcean notifies its users about changes in the value of assets.

1inch Exchange
Speaking of decentralized cryptocurrency exchanges, one cannot but mention 1inch Exchange. Like the previous one, this service is an aggregator of decentralized exchanges. It has an intuitive interface that allows you to find the most profitable offers quickly.

honey swap

The main difference between this service and Uniswap is the restructuring of xDai trading pairs. With the help of this exchange, you can always exchange fiat currency for xDai. In addition, the service is developing rapidly and regularly offers its customers new functionality.