150 Best Decentralized Exchanges (DEX) In 2024


Are you looking for the best decentralized exchanges (best DEX)? Let’s start with a brief introduction of DEX and a comparison of DEX vs. CEX.

What is a Decentralized Exchange (DEX)

A decentralized exchange or DEX is a cryptocurrency exchange market or platform that operates independently without any central authority or third-party intervention for holding or transfer of customer’s funds. Peer-to-peer or P2P transactions occur between interested parties directly through an exchange of crypto assets or cryptocurrencies. All these transactions take place through a decentralized escrow account and smart contracts. In this article, we will discuss the complete list of decentralized exchanges.

Decentralized Exchange (DEX) vs. Centralized Exchange (CEX)

  • Unlike DEX, a Centralized exchange is run by profit-making companies who earn through the market in the form of service fees, all of which go to the company’s funds. In Decentralized exchange, there is direct trade between participants and rules out any intermediary or outside interference.
  • The “trustless nature” of DEX is another important factor. All the funds are securely deposited in your personal wallet. So, you do not have to worry about the security and honesty of the exchange.
  • The “privacy factor”. Users do not need to disclose their private details other than bank transfers where only the authorized parties can know your identity. The users are completely anonymous.
  • In DEX, the users solely control the funds unlike in centralized exchanges.
  • There is distributed network operations in DEX so there is less hacking and server downtime as compared to the centralized market.
  • DEX operates completely independently and there is no government intervention. Centralized exchanges are governed by central authorities.
  • There is no account withdrawal limit in DEX as compared to Centralized exchange.
  • In the Centralized exchange market, you have control of your coins only when they reach your wallet, but in DEX, you have control of your coins all the time. So you are the owner of your funds.

Best Decentralized Exchanges (DEX vs CEX): Top 15 DEX List 2019

Benefits of Decentralized Exchanges

  • DEX operates completely anonymously and it does not require its users to sign up as such and your private details are kept hidden.
  • To open an account, users do not have to provide the KYC documents, which are mandatory in centralized exchanges. In such cases, it is impossible to track and access your records.
  • Users have full control of their funds. They decide when, where and how to invest their funds.
  • In DEX, since there is no third party involved, it is very difficult to trace your records. So, there is a very low risk of hacking and infiltration of vital information.
  • There is no government involvement in the decentralized market. So, participants can do transactions freely in the DEX exchange market.
  • As there is no sole authority involved in the decentralized market, there is no power game or intervention of the central or a common authority. The benefactors of this market or the users get full authority and control of their accounts.
  • Transactions are risk-free and easy as there is no specific boundary or rule.
  • Direct fund transfer into your wallet.
  • The trading fees are also much lower.
  • Atomic swaps for easy transactions in DEX.

Pros and Cons of Decentralized Exchange (DEX)


  • Users have full control of their funds.
  • Users do not have to rely on any third party to manage their coins and accounts.
  • Full privacy and transparency are
  • No server downtime so that you can have optimum use of the DEX platforms.
  • Trading fees are much lower in DEX as compared to Centralized markets.
  • Atomic swaps for faster trading.
  • No transaction or withdrawal limit as opposed to centralized exchanges.
  • Completely decentralized thus eliminating government intervention and legal boundaries.


  • Traditional exchanges are often easier to use and people are aware of the procedures.
  • Amateurs and new users often are not aware of the benefits and uses of DEX so they are often sceptical about investing in the decentralized market. More than that, the technical know-how often limits their free participation in the platform.
  • The decentralized market is comparatively a new market and its trading tools are often not as advanced as that of the centralized exchange markets.
  • Certain DEX markets have limitations in liquidity. This is one of the reasons why many people still rely on centralized markets.
  • Lack of proper customer support.
  • Due to the complete decentralization and lack of regulatory measures, many often find the DEX market risky to venture into.

Points to Consider to Select Best Decentralized Exchange (DEX)

  • The trading interface should be easy to use especially for newbies.
  • Look for the security features in the platform. See if there are additional security measures that will help you to secure your funds even more.
  • Always look for platforms that will support your desired trading currencies.
  • Before choosing a platform see to it that it provides enough liquidity and trading volume.
  • Transaction and trading fees should be checked beforehand.
  • Look for the details you need to register for an account and the sign-up process should also be simple and fast.
  • Always go through the user reviews and experiences before choosing a platform.

Complete List of Decentralized Exchanges (DEX List)

Best Decentralized Exchanges - Top DEX Exchange

We have listed a total of 150 decentralized exchanges (DEX) in this list. These exchanges differ in terms of reputation, liquidity, volume, trade fee, etc. Hope this list will be helpful for our readers to decide the best DEX (decentralized exchange) for them:

No. Decentralized Exchange Features Supported Chains
1 0x Flexible smart contracts for DEX and trading Ethereum
2 Slingshot Ethereum-based swapping protocol Arbitrum, Polygon, BNB Chain, Optimism
3 Uniswap Swapping of ERC-20 tokens via liquidity pools Ethereum, Polygon, Arbitrum, Optimism
4 CowSwap Trade of Ethereum-based tokens Ethereum
5 1inch DEX aggregator for flexible swaps and trades Ethereum, Arbitrum, Optimism, Polygon, and more
6 Velodrome DeFi protocol on Optimism Optimism
7 Matcha Swapping between cryptocurrencies Ethereum
8 Sushi Multichain decentralized exchange Ethereum, Arbitrum, Optimism, Polygon
9 dYdX Spot, perpetual, and margin trading Ethereum
10 Yield Yak Auto-compounding yield farms, DEX aggregator Avalanche
11 Carbon Onchain trading protocol Ethereum
12 Kamino Finance Liquidity management for DEX market makers Solana
13 Soldex Solana-native decentralized exchange Solana
14 Atrix Solana-based automated market maker Solana
15 01 Solana DEX with centralized exchange features Solana
16 Lifinity Proactive market maker on Solana Solana
17 Aldrin Solana-based DEX for token swaps Solana
18 Crema Finance All-in-one DeFi protocol on Solana Solana
19 Raydium Fast swapping of Solana tokens Solana
20 Saros Multi-purpose DeFi protocol on Solana Solana
21 Cropper Finance Leading yield farming protocols on Solana Solana
22 Orca SPL token trading on Solana Solana
23 Meshswap Polygon-based lending and borrowing protocol Polygon
24 Serum DEX built on the Solana blockchain Solana
25 QuickSwap Largest DEX on the Polygon network Polygon, Polygon zkEVM
26 Saber High liquidity AMM on Solana Solana
27 Penguin Solana-based liquidity-as-a-service Solana
28 Enzyme Composable Web3 asset management protocol Ethereum, Polygon
29 Dexlab DeFi platform with token swaps and minting Solana
30 Bamboo Relay 0x relayer protocol for trading ERC-20 tokens Ethereum
31 Paraswap DeFi aggregator for seamless trading Ethereum
32 KyberSwap DEX aggregator for fast transactions Ethereum
33 Ooki Ethereum-based decentralized exchange Ethereum
34 Shell Protocol Wrapping protocol and DeFi development toolkit Arbitrum
35 Balancer Automated portfolio manager and DEX Ethereum
36 AirSwap Peer-to-peer trading with zero slippage Ethereum
37 Multichain Cross-chain token swaps across 66 blockchains Ethereum
38 Mycelium Native decentralized trading protocol Arbitrum
39 Beethoven X Balancer-based DEX on Optimism Optimism, Fantom
40 Odos Decentralized exchange aggregator Ethereum, Arbitrum, Optimism, Polygon, Avalanche, BNB Chain
41 Curve Finance Efficient stablecoin trading with low slippage Ethereum
42 Rubicon Order book protocol on Ethereum L2 networks Optimism
43 Dolomite Arbitrum-based margin trading protocol Arbitrum
44 Loopring zkRollup-powered Layer-2 DEX Ethereum
45 RhinoFi Fast multichain token swaps Ethereum
46 Saddle Finance AMM for stablecoins and wrapped BTC Ethereum
47 DODO Trade fungible and non-fungible tokens Ethereum
48 Cap Free, trustless trading protocol on Arbitrum Arbitrum
49 Bancor Staking platform and AMM on Ethereum and EOS Ethereum
50 RBX Ecosystem of DeFi Dapps and protocols Avalanche, BNB Chain, Ethereum, Multichain, Polygon
51 Lemma Decentralized meta-aggregator for swaps Optimism
52 SeaLightSwap Building liquidity for AMMs and partner projects Polygon
53 Alium Finance Multi-chain DEX supporting 10 blockchains BNB Chain, Polygon, Ethereum
54 FS Own your financial freedom Arbitrum, BNB Chain, Ethereum, Optimism, Polygon, Multichain
55 UniDex Decentralized meta-aggregator for swaps Optimism, Multichain, Polygon, Ethereum, BNB Chain, Avalanche
56 BetDEX Exchange Web3 sports betting exchange Solana
57 PawSwap Token swaps at a discount with donations Ethereum, BNB Chain
58 Verse Full-featured decentralized exchange Ethereum
59 Nusa One-stop web3 platform with various products BNB Chain
60 Dexible Trading protocol for fully-on-chain DeFi Arbitrum, Avalanche, BNB Chain, Ethereum, Optimism, Polygon
61 MES Protocol Order-book based DEX supporting multiple rollups Arbitrum, Polygon, Optimism
62 VVS Finance AMM Decentralized Exchange on Cronos Cronos
63 Bored Candy City All-in-one platform with DEX, NFT marketplace, and games hub Cronos
64 Narfex Decentralized fiat-to-cryptocurrency protocol Ethereum, BNB Chain
65 CroSwap Automated trading of DeFi tokens on multiple blockchains Cronos
66 DEMX World’s first decentralized precious metal exchange Multichain
67 Flooz Blockchain analytics platform for confident investing BNB Chain, Ethereum, Polygon
68 xToken Terminal Decentralized financial infrastructure for projects Arbitrum, Ethereum, Optimism, Polygon
69 Piper Finance Portfolio management service with cross-chain tools Arbitrum, Avalanche, BNB Chain,

Ethereum, EVM, Fantom, Gnosis Chain,

Moonbeam, Polygon, Optimism, Multichain

70 Bebop Decentralized trading platform for DeFi Ethereum, Arbitrum, Polygon
71 Squid Cross-chain swaps and contract calls in a click Arbitrum, Avalanche, BNB Chain, Cosmos,

Ethereum, Fantom, Polkadot, Polygon,


72 Trader Joe One-stop platform for decentralized trading and lending Arbitrum, Avalanche
73 Kromatika Finance DEX on Uniswap V3 for simple, accessible, and profitable trading Arbitrum, Ethereum, Optimism, Polygon
74 Solidly Capital-efficient decentralized exchange (DEX) in DeFi Ethereum
75 Garbi Protocol Decentralized exchange for stablecoins on Arbitrum Arbitrum
76 Litedex Swap, earn, stack yields, and trade NFTs on one DeFi platform BNB Chain, Avalanche, Ethereum, Polygon
77 PandExchange DeFi application for dollar-cost averaging Arbitrum, BNB Chain, Polygon
78 RubyDex Layer-2 derivatives DEX with CEX-like experience Arbitrum
79 Interport Finance Fast Interchain swaps at the best rates Ethereum, BNB Chain, Arbitrum, Avalanche,

Polygon, Fantom

80 Antfarm Finance Decentralized exchange for liquidity providers Ethereum, Arbitrum
81 ShapeShift DAO Free, open-source platform for crypto trading and more Ethereum, Bitcoin, Avalanche, Bitcoin Cash,

Cosmos, Doge, Litecoin, Optimism, BNB Chain

82 MelegaSwap Largest DEX on the Polygon network Polygon, Polygon zkEVM
83 Ambisafe Bridge between blockchain and traditional finance Ethereum, Celo
84 Uniperp DeFi innovation, application, development, and operation Arbitrum, Optimism
85 SpaceDex Multi-asset pool with rewards for providing liquidity BNB Chain, Multichain
86 Firebird Finance DeFi products including Swap, OneSwap, Vault, and Farms-as-a-Service Ethereum, Polygon, Optimism, Arbitrum,


87 SwapFish Multi-chain decentralized exchange protocol on Arbitrum Arbitrum, BNB Chain
88 Position Exchange Decentralized trading platform with on-chain order book EVM, Multichain
89 OPX Finance Decentralized exchange built on Optimism Optimism
90 WardenSwap Find the best swap rates with the lowest gas fees using AI Ethereum, Polygon, BNB Chain, Avalanche,

Optimism, Arbitrum

91 Transit Swap Cross-chain swap and DEX platform Ethereum, Polygon, Multichain
92 Biswap Low-fee decentralized exchange on BSC with AMM and liquidity pool BNB Chain
93 Clipper Decentralized exchange for retail traders Ethereum, Polygon, Optimism, Moonbeam
94 ZigZag Exchange Fast, non-custodial exchange on zk-rollups Starknet
95 Hyper Jump Community-driven, multi-chain DeFi protocol Fantom, BNB Chain
96 Leonicorn Swap Traditional AMM features with multi-chain DEX aggregators and GameFi BNB Chain, Multichain
97 FlashFlow Permissionless DeFi protocol for decentralized leverage trading Ethereum
98 MtopSwap Trade on multiple DEXes simultaneously Arbitrum, Avalanche, BNB Chain,

Ethereum, Fantom, EVM, Harmony,

Polygon, NEAR, Optimism, Cronos

99 ByBarter Convert fiat to crypto directly from wallets Avalanche, BNB Chain, Ethereum, EVM,

Bitcoin, Polygon, Polkadot, Tron, Solana

100 AVNU Liquidity infrastructure for traders and dapps Starknet, Ethereum, zkSync
101 OpenOcean DEX aggregator, cross-chain swap aggregator, and Web3 middleware developer Aptos, Arbitrum, Avalanche, BNB Chain,

Cronos, Ethereum, Gnosis Chain, Fantom,

Harmony, HECO, Honeyswap, Moonbeam,

Polygon, THORchain, xDai, and more

102 Zin Finance Decentralized liquidity network for BNB Chain BNB Chain
103 BandSwap Cross-chain token bridge and DEX aggregator Avalanche, BNB Chain, Ethereum, EVM,

Fantom, HECO, Polygon, Solana, Terra, Tron, xDai

104 Cryptex Finance Hybrid decentralized exchange with a low trading fee Ethereum, Polygon, Avalanche
105 MoonSwap Multichain AMM and yield aggregator BNB Chain, Ethereum, Harmony, HECO,

Polygon, Solana, Terra, xDai

106 SyrupPool DeFi platform with staking and pools BNB Chain
107 DarkPool Zero-knowledge proof layer for DeFi Ethereum, BNB Chain
108 Gnosis Protocol A new standard for trading tokens Ethereum
109 Kkswap Decentralized platform to swap and stake crypto assets Avalanche, BNB Chain, Ethereum, EVM,

Fantom, HECO, Polygon, Solana, Terra,

Tron, xDai

110 SoloSwap Multi-chain, yield-farming, decentralized exchange platform BNB Chain, Ethereum, Fantom, Polygon, Tron
111 CoralSwap Swap, farm, and stake on BNB Chain BNB Chain
112 Notional Finance Fixed-rate lending and borrowing on Ethereum Ethereum
113 SportX Ethereum-based prediction market platform Ethereum
114 THORSwap DeFi aggregator on Avalanche Avalanche
115 Waydex Cross-chain aggregator for DeFi projects Ethereum, BNB Chain, HECO, Solana, xDai
116 Mirror Synthetics protocol on Terra Terra
117 TitanSwap DeFi aggregator for Avalanche Avalanche
118 Sun Decentralized stablecoin on TRON TRON
119 Sparkswap The first decentralized exchange for Lightning Network Bitcoin
120 OasisDEX Trade, earn, and vote on Ethereum Ethereum
121 Deversifi Non-custodial exchange and layer-2 solution for Ethereum Ethereum
122 UMA Protocol for building synthetic assets on Ethereum Ethereum
123 PerlinX Multi-chain liquidity protocol BNB Chain, Ethereum
124 Eleven Finance Cross-chain yield optimization platform Ethereum, Avalanche, BNB Chain,

Fantom, Polygon

125 Spartan Protocol DeFi platform with synthetic assets on Binance Smart Chain BNB Chain
126 Bloqboard A decentralized borrowing and lending platform for Ethereum assets Ethereum
127 Feathercoin A decentralized marketplace for tokenized securities Ethereum
128 Vulcan Forged NFT and DeFi ecosystem on the Polygon blockchain Polygon
129 ThunderCore Blockchain platform with DeFi capabilities ThunderCore, Ethereum
130 Zilliqa DEX Decentralized exchange on the Zilliqa blockchain Zilliqa
131 YFX Swap Perpetual contract trading platform Ethereum, BNB Chain, HECO, OKExChain,

Avalanche, Fantom

132 Qredo DEX Cross-chain and multi-asset decentralized exchange Ethereum, BNB Chain, Fantom, Solana,

Ethereum Classic

133 Gopax Cryptocurrency exchange Ethereum, Binance Smart Chain, ICON
134 Oasis A privacy-focused decentralized exchange Ethereum
135 BitBay Cryptocurrency exchange Ethereum, Bitcoin
136 Diversifi Ethereum layer-2 DEX Binance Smart Chain
137 Gnosis DAO Decentralized exchange on Ethereum Ethereum
138 Smoothy Finance Stablecoin protocol on Ethereum and BSC Ethereum, Binance Smart Chain
139 YAM Finance DeFi protocol with stablecoins on Ethereum Ethereum
140 Alpaca Finance Yield farming on Binance Smart Chain Binance Smart Chain
141 HecoSwap Decentralized exchange on Huobi Eco Chain Huobi Eco Chain
142 Smoothy Finance Stablecoin protocol on BSC Binance Smart Chain
143 Typhoon Yield farming and AMM on Fantom Fantom
144 Dego Finance NFT and DeFi platform on Ethereum and BSC Ethereum, Binance Smart Chain
145 PolyDEX Decentralized exchange on Polygon Polygon
146 Raydium Solana-based decentralized exchange Solana
147 Aurora Solana-based decentralized exchange Solana
148 Baanx Cryptocurrency exchange Ethereum, Bitcoin, Ripple, Litecoin,

Bitcoin Cash, Stellar

149 Valkyrie Decentralized exchange on BSC Binance Smart Chain
150 PancakeSwap AMM and yield farming on BSC Binance Smart Chain

Final Words:

Hope you enjoyed reading this article and finally found the best decentralized exchange for you. There are a few more decentralized exchanges and counting. We will keep adding this od best dex periodically. Meanwhile, feel free to share your experience with us in the comment section below.