Best Decentralized Exchanges (DEX) for Blockdaemon

Phantom makes it safe & easy for you to store, send, receive, stake, and swap tokens on the Solana blockchain. Phantom unlocks a simple and secure way to interact with blockchain-based applications directly from your favorite web browser. We never have access to any of your data or funds. Use our built-in DEX to safely swap tokens at the best prices, instantly. We’ve taken special care to make sure your NFTs look great! For additional security you can connect your hardware wallet. Explore the world of blockchain applications built on Solana. Earn rewards by staking directly inside your wallet. We believe that great design and thoughtful product experiences will be the key to bringing crypto to the masses. It works by creating and managing private keys on behalf of its users, allowing them to store funds and sign transactions. The extension injects a solana object into the javascript context of every web application the user visits.

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance. It is built on Solana and is completely permissionless. Full limit orderbooks with an interface familiar to that of centralized exchanges. Sub-second trading and settlement. Lower transaction costs than any other DEX: $0.00001 per transaction. Project Serum will unveil a fully functional decentralized exchange with trustless cross-chain trading, all at the speed and price that customers want. And despite living natively on Solana, it will be interoperable with Ethereum. SRM will be fully integrated into Serum, and also benefit from a buy/burn of fees. Trustlessly exchange assets between chains, this is in contrast to most current protocols that rely on trusted parties to administer the swap. A decentralized automated full limit orderbook. Full Ethereum and Solana integration. Physically settled cross-chain contracts.

Scale your DApp to Polkadot with Acala, an Ethereum-compatible smart contract platform optimized for DeFi. Acala is the decentralized finance network and liquidity hub of Polkadot. It’s a layer-1 smart contract platform that’s scalable, Ethereum-compatible, and optimized for DeFi with built-in liquidity and ready-made financial applications. With its trustless exchange, decentralized stablecoin (aUSD), DOT Liquid Staking (LDOT), and EVM+, Acala lets developers access the best of Ethereum and the full power of substrate. Access DOT-based assets and derivatives, Polkadot-native decentralized stablecoin, Polkadot ecosystem assets, and cross-chain assets from Bitcoin, Ethereum and beyond. Acala’s chain is customized for DeFi and can continue to upgrade without forks to integrate new features requested from developers. For example, on-chain ‘keepers’ automate protocol execution to better manage risks and improve user experience, or transaction fees payable with virtually any token.

Meet Karura’s all-in-one DeFi platform to help you swap, borrow, lend, earn, and more – all with micro gas fees. Kusama and Polkadot are independent, standalone networks built in nearly the exact same way, but Kusama has faster governance parameters and higher risk tolerance. Karura will deliver decentralized financial products and stable assets to Kusama’s entire ecosystem of networks. Karura settles transactions for a fraction of the gas required on other networks. Thanks to Kusama’s weight-based fee model, you can count on micro gas fees that vary only slightly by transaction complexity. Empowers the community to vote, elect council members, and drive the development of Karura. Karura Apps offers the ability to trustlessly trade tokens without intermediaries through Karura Swap. Karura Swap is a trustless, automated market maker (AMM)-styled decentralized exchange on the Karura network.

Osmosis isn’t the answer to, but rather the process of, bringing discoveries, innovation, and refinement in the DeFi space. The liquidity providers are the DeFi scientists. Each may have identified problems and inefficiencies that exist in the DeFi market, and have come to hypothesize a diverse set of solutions. The modularity and customization that Osmosis AMM offers is the large array of scientific instruments that scientists use to conduct a wide range of experiments. Through this process (and the tools they have access to), breakthrough innovations in pricing, slippage, and impermanent loss can be observed, shared and eventually move the entire AMM space forward.