Exchanges

Viewing {{exchanges.length}} exchanges from the past {{currentIntervalName}}.

A decentralized exchange (DEX) is a marketplace for trading Ethereum-based tokens where a certain element of the exchange's functionality operates according to Ethereum's decentralized protocol. A common feature found in DEXs is that they do not rely on a third-party service to hold the user's assets. Another decentralized feature would be that trades occur directly between users through smart contracts.

We list DEXs that operate under varying “degrees of decentralization” running on the Ethereum main network. One has to understand how a particular exchange is implemented to appreciate just how decentralized it actually is. Broadly, DEXs may be categorized according to the following types:

  • Off-chain order book, on-chain settled
  • On-chain peer-to-peer
  • Off-chain peer-to-peer
  • On-chain order book & settlement
  • Plasma-chain order book

See here and here to learn more about DEXs.

Historic Volume of DEXs

How {{baselineExchange}} compares with other DEXs

Metric
Scale
DEX

since {{exchange.stats.first_day_pretty}}

{{exchange.stats.total_volume_pretty}} TOTAL ETH TRADED
MOST TRADERS IN A DAY: {{exchange.stats.max_traders}}