Decentralized exchanges

A decentralized exchange (DEX) is a cryptocurrency exchange which operates in a decentralized way, without a central authority.

GMX

GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades and let you trade top cryptocurrencies with up to 30x leverage directly from your wallet.

CowSwap

CowSwap is a trading interface built on top of Gnosis Protocol v2. It allows you to buy and sell tokens using gas-less orders that are settled peer-to-peer among its users or into any on-chain liquidity source while providing MEV protection.

Osmosis

Osmosis is an automated market maker (AMM) protocol that allows developers to build customized AMMs with sovereign liquidity pools. Built using the Cosmos SDK, Osmosis utilizes Inter-Blockchain Communication (IBC) to enable cross-chain transactions.

Raydium

Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity and new features for earning yield