Best Decentralized exchanges ever!

The best decentralized exchange is one that stays decentralized for its customers forever! (My saying)

If an exchange can be honest with its customers, such an exchange is doomed to success. I made this list for myself. This is just my vision of the market at the time of 2023. As it is!

Jupiter DEX

+ Working on Solana (Fast trasactions, small fees)
+ Has own API interface
+ Has SWAPs, Limits orders, DCA, Bridges
+ Has PERPs with leverage up to X100
+ Nice, pure interface (screen-1)
+ Has bridges to EVMs networks (screen-2)
+ Has bridges to Payments from cash (screen-3)

GMX

+ Small network commissions (Arbitrum or Avalanche)
+ Larger leverage allows you to choose more profits (up to x100)
+ Good partnership support
+ Good profitable commission pools
+ Trading competitions with $$$ prizes

dYdX decentralized exchange

+ Free fee for volume, if volume < 100 000 $
+ Free fee for volume, if volume > 50 millions $ (only market maker!)
+ Works on ethereum network
+ This exchange have a lot of liquidity (top 1 of all dexes)

Waves decentralized echange

(In the future they want rebrand it to WX network)

+ You can deposit USDT/USDC via Ethereum, BSC or Polygon networks
+ You can invest USDT/USDC under 65% APY
+ You can invest USDT/USDC in algorhitmic trading under up to 120-130% APY
+ You can invest in BTC/ETH in algorhitmic trading under 30-100% APY
+ You can stake WAVES token under 11% APR
+ You can add liqudity in pools and earn aproximately 20-60 APY

Biswap decentralized exchange

+ Works on Binance smart chain (BSC) network
+ You can hold BSC token and earn some 5 - 30 APR income
+ You can hold liqudity and earn aproximately 30-35 APR
+ You can stake Biswap NFT and earn aproximately 15% APR

There are several potential advantages to using a decentralized exchange (DEX) instead of a centralized exchange (CEX) for cryptocurrency trading:

1. Security: Decentralized exchanges are considered to be more secure than centralized exchanges, as they do not hold user funds in a single central location. This means that there is no central point of failure or potential target for hackers. Instead, users hold their own private keys and maintain control of their own funds.
2. Privacy: Decentralized exchanges generally offer greater privacy than centralized exchanges, as users do not need to provide personal information or undergo KYC/AML verification in order to trade. This can be particularly important for users who value privacy and anonymity.
3. Transparency: Decentralized exchanges are often more transparent than centralized exchanges, as they typically operate on a public blockchain and all transactions are visible on the blockchain. This can help to prevent fraud and ensure that trading is fair.
4. No custody risk: In a DEX, traders always have control over their assets. There is no risk of the DEX losing the trader's assets or the exchange becoming insolvent.
5. Decentralized nature: Decentralized exchanges are not owned by any central authority or corporation. They are community-driven and operate through a decentralized network of nodes. This ensures that trading is not subject to censorship, restrictions or limits imposed by a central authority.