DEX ECOSYSTEM IN AVALANCHE
A decentralized exchange (or DEX) is a peer-to-peer marketplace where cryptocurrency traders can transact directly with one another. DEXs enable one of crypto’s most important features: facilitating financial transactions that aren’t mediated by banks, brokers, or other third parties.
Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first decentralized smart contracts platform built for the scale of global finance, with near-instant transaction finality. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.
The list below is the DEX ecosystem in Avalanche.
· TRADER JOE
Trader Joe is your one-stop decentralized trading platform on the Avalanche network. They combine DEX services with DeFi lending to offer leveraged trading.
· PANGOLIN
A community-driven decentralized exchange for Avalanche and Ethereum assets with fast settlement, low transaction fees, and a democratic distribution–powered by Avalanche. Pangolin brings you the best trading opportunities to find and maximize your yield.
· SUSHI SWAP
SushiSwap is an automated market-making (AMM) decentralized exchange (DEX) currently on the Ethereum blockchain. In addition to DEX, SushiSwap involves a collection of governance, operations and reward contracts that help grow the SushiSwap ecosystem and utilization.
· HURRICANESWAP
HurricaneSwap is the 1st cross-chain liquidity DEX based on Avalanche. With the innovative LP-Bridge mechanism (Roke Protocol), users can trade popular assets of other chains without leaving Avalanche. And taking the advantages of Avalanche, HurricaneSwap provides users with a high-performance, low slippage, low-cost and seamless cross-chain trading experience.
· YETISWAP
YetiSwap is a decentralized exchange (DEX) which runs on Avalanche, uses the same automated market-making (AMM) model as Uniswap, features a native governance token called YTS that is fully community distributed and is capable of trading all tokens issued on Ethereum and Avalanche. In a crowded marketplace with multiple contenders, YetiSwap offers three critically important benefits: fast and cheap trades, and a fair and open token distribution.
· PLATYPUS
The Platypus Finance protocol is a single-side AMM (decentralized exchange) designed for exchanging stable cryptocurrencies (ERC20 tokens) on the Avalanche blockchain. The protocol is implemented as a set of smart contracts; designed to prioritize censorship resistance, security, self-custody and maximum capital efficiency. Platypus features single-token provision, eliminating impermanent loss risk for liquidity providers, and minimizing slippage for traders.
· LYDIA FINANCE
Lydia Finance is a decentralized exchange (DEX) running on Avalanche. The exchange is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Avalanche Network. On top of that, you can earn LYD tokens with farming, staking, our and earn even more tokens with Electrum pools.
· EMBRFINANCE
Embr is a one-stop decentralized investment platform on Avalanche. They leverage the “Best in Breed” DeFi protocols to offer decentralized investment strategies. Built on Balancer V2, Embr is the first next-generation AMM protocol on Avalanche.
· DEXALOT
Dexalot is an exchange aiming at bringing the traditional centralized exchange user experience without compromising on decentralization and transparency. As such Dexalot implements an on-chain Central Limit Order Book for its trade pairs on the Avalanche platform. Dexalot allows for users to trade ERC20 tokens supported on the C-chain against the blockchain native currency AVAX. Users can also trade supported ERC20 tokens against other supported ERC20 tokens.
· PARASWAP
ParaSwap aggregates decentralized exchanges and other DeFi services in one comprehensive interface to streamline and facilitate users’ interactions with decentralized finance on Ethereum and EVM-compatible chains: Polygon, Avalanche, BSC & more to come.
· YIELDYAK
Yield Yak is an easy-to-use tool to earn more yield from defi farming on the Avalanche network. Yield Yak is a community-driven project. Our community has built and maintained the best, cheapest and most diverse autocompounder on the market. Yield Yak is largely self-sustaining. Our community compounds rewards, suggests new strategies, proposes key configuration updates and contributes to development. Yield Yak farms can run forever, without the team’s involvement.
· OPENOCEAN
OpenOcean is the world’s first full aggregation protocol for crypto trading that sources liquidity from DeFi and CeFi markets and enables cross-chain swaps. Our intelligent routing algorithm finds the best prices from DEXes and CEXes and splits the routes to provide traders the best prices with low slippage and fast settlement. The product is free to use; OpenOcean users only need to pay the regular blockchain gas and exchange fees for the trades, which are charged by the exchanges and not OpenOcean.
· OLIVE CASH
OliveCash is a multi-chain Yield Farming project running on Avalanche, Binance Smart Chain, Fantom and Polygon chains. OliveCash is not only Meme Coins Launchpad. OliveCash does PancakeSwap job for those who are not added there.
· ANYSWAP
Anyswap is a fully decentralized cross chain swap protocol, based on Fusion DCRM technology, with automated pricing and liquidity system. Anyswap is a decentralized application running on the Fusion , Binance Smart Chain , Ethereum and Fantom blockchains. The first application from Anyswap is a DEX (Decentralized Exchange), which is called anyswap.exchange. This is the User Guide for the DEX.
· ALLBRIDGE
Allbridge is a simple, modern, and reliable way to transfer assets between different networks. It is a bridge between both EVM (Like Ethereum, Polygon, BSC) and non-EVM compatible (like Solana, Terra) blockchains, that aims to cover L2 (like Arbitrum, Optimism) solutions and NFT transfers in the future.
· RELAYCHAIN
Relay allows traders to reach many markets simultaneously by integrating cross chain swaps into popular DEX, CEX, dApps and wallets, bringing new arbitrage opportunities and increased exposure to lucrative trades. For the rest of us, Relay means we can move crypto between blockchains with simplicity, security and speed, making cross-chain DeFi accessible to the masses. Because Relay is a service, you might not even know you’re using it, yet Relay is the premiere bridge of DeFi, unifying the decentralized world and rewarding the holders who help.
· GONDOLA
Gondola finance is a fork of Saddle, focus on connecting assets on Avalanche. We will begin with zero exchange’s z-token first, then expand our service to other platforms. Our goal is to enable smooth asset transfer between fragmented liquidities via stableswap.
· COMPLUS
Complus Network is a multi-chain exchange protocol for ERC-20 tokens on Huobi ECO Chain, Avalanche, Binance Smart Chain, Polygon (Matic Network) and Fantom . It allows for cheap, fast and efficient trading.
· BAGUETTE
Baguette is a Uniswap based AMM running on Avalanche with BAG rewards for a few selected LPs and single-token staking pools for those who want to avoid being exposed to impermanent loss. No one can deny most DEX/AMM projects are subject to high inflation. The goal of Baguette with $BAG is to reward users while keeping inflation under control and avoid sharp depreciation of the token price.
· IRON FINANCE
Iron Finance is a multi-chain, decentralized, non-custodial ecosystem of DeFi products, protocols, and use cases. Iron Finance is currently live on Polygon, Avalanche, & Fantom.
· CANARY
Canary Exchange is a decentralized exchange (DEX) which runs on Avalanche, the most promising and the fastest blockchain!
· NIFTYX
Niftyx is building the infrastructure required to easily deploy and connect niche-focused global NFT markets ensuring a neutral playing field for creators, users and private firms.
· MARGINSWAP
Marginswap is a decentralized trading protocol that natively supports overcollateralized loans, spot and leverage trading of tokens on AMMs like Uniswap and SushiSwap. With marginswap, traders can trade a wide variety of assets, like on any existing swap protocol but with up to 5x leverage. Margin trading is possible due to Bond financing, i.e., lenders supply crypto assets to the protocol, which traders borrow for their trades. The marginswap protocol incentivizes lenders looking for attractive yields to provide assets in return for relatively stable interest and $MFI.
· WOWSWAP
Leverage is a financial tool that allows a trader to get a bigger market exposure with a small amount of initial capital. When trading with leverage a trader funds only a portion of a trading position and borrows the rest from external liquidity providers.
· ELK FINANCE
Elk Finance is a decentralized network for cross-chain liquidity. The Elk ecosystem introduces a seamless process for anyone exchanging cryptocurrencies. Our motto is “Any chain, anytime, anywhere”.
· PARTYSWAP
PartySwap is an application focused on bringing liquidity to the Avalanche Ecosystem through different activities. First off, our platform will initiate with an AMM (Automated Market Maker), relaying on supporting various projects from the Avalanche Network, initially listing them as pairs in our reward pools. The token distributed as a reward in our platform will be known as $PARTY.
· COIN98 EXCHANGE
Coin98 Labs is an Open Infrastructure Financial Services builder focusing on creating and developing an ecosystem of DeFi protocols, applications, NFTs on multiple blockchains. Our mission is to fulfill untapped demand and enhance in-demand utilities in the DeFi space, helping people to access DeFi services effortlessly.
· MARKR.IO
Markr is a DEX aggregator & portfolio management tool for DeFi users on the avalancheavax network.
· KRYSTAL
Being players in the FinTech and blockchain industry for more than 5 years, we understand the barriers and pain points users face when navigating the DeFi space. To help combat such complexities, we developed Krystal, a one-stop platform to access all your favourite DeFi services.
· DCTDAO
DCTDAO is a decentralized governance system that provides cross-chain interoperability to different blockchains, including Polkadot and others, with advanced quantum resistant security.
