Hello friends.
Recently, I have been farming on Layer 2 network and it is important for me to find a simple and convenient dex where I can quickly exchange tokens and transfer them to SAFE staking farming! Now I use DEXs in the Aurora network, for example, Trisolaris and WannaSwap but other dexes in Layer 2 networks are also interesting )) Therefore, tell me what good DEX are in networks 2?
Most of the highly trusted DEXs are on at least one L2 by now. Uniswap, Curve, Balancer etc. You don’t need to use weird little ones that might not have been so thoughroughly tested. When you’re farming tokens you are exposing yourself to the risk that whatever you’re getting in return for contributing liquidity might end up being worth a lot less than you factored in at the start. Lower risk for lower reward might be a better option than a high chance you end up with worthless ‘rewards’.
Osmosis on cosmos
Yokaiswap on Nervos (CKB)
I’m a DEX fan so I look out for good decentralized exchanges, I recently came across this one Kaddex. Kaddex is the first gas free decentralized exchange. The pucblic sale of Kaddex is live right now and I bought in it. I’m quite sure about Kaddex because it’s gas free and everyone would love it.
So I suggest you check this one out and tell me what you think..
I think DEXs are not the future. IMHO the future is P2P trading. It reduces lots of risks (slippage, liquidity, high fees, accessibility among others) that DEXs have.
I couldn’t go through the comments but i had to drop some comments on Cometh swap as its one of the few Dex i know on polygon network. it is safe, offers high APYs and low transaction fees.
Deversifi and loopring and dydx. best DEXes tbh. Great liquidity
You can check out Gather network. Gather is a platform that allows publishers to monetize without ads and provides businesses & developers access to cheap and reliable processing power. Project also allows users to earn passive income through staking
I’m not a big fan of Layer 2 to be honest but I’m beginning to have an open mind to it. The private DEX that Railgun is proposing to develop on Layer 1 is good and I’m in look out for more. Any idea about a private DEX on Layer 2 likewise? Thanks.
Many people now are looking into DeFi since most of them are being developed really well.
A user friendly platform and a good APY would definitely attract people to invest in to a current DeFi project some also has auto compounding which is also better to help them maximize their gains, Like Dot Finance and Pancakeswap both of them has it. Since Dot Finance recently migrated to moonriver I would say it will attract more investors since Polkadot is also being known as a good project.
While you seek layer 2 DEX it’s important to keep your eyes on a brewing trend of gas free DeX platform. This is due to the birth of payment platform like proton chain and the first DEX built on Kadena’s chainweaver Kaddex. L2 for now are a temporary fix because nothing can really complete with zero gas fees
Use fantom opera, King. Then you have Spookyswap, SpiritSwap, Protofi, and many other great ones.
Sushi does polygon/matic
Defi Kingdoms in Harmony ONE.
Are the DEXs in Aurora network gas free? Nowadays there is plenty of dex starting to provide free transactions like Kaddex , and Quickswap is pretty cheap too. The space is evolving fast so no wonders if Uniswap isn’t the leader now.
There is this particular agnostic layer 2 DEX, AllinanceBlock, Tesnet at the moment, but there is this particular Hype about it, could come ggod you know.
It is better to use L1 and this is Junonetwork. There are staking and liquid pools and more drops
It’s not DEX, but I know of an excellent layer 2 launchpad project. L2PAD was listed on Uniswap yesterday and got off to a good start. It enables small investors to join IDOs using Arbitrum and Optimism and is the first layer 2 launchpad project to use Arbitrum and Optimism. Soon we will see IDOs of good projects. Let’s take our places now.
https://l2pad.io/
Why L2 in particular ser?
Osimosis which is one of the Cosmos Network is excellent.
Also, Juno Swap developed by JUNO is highly expected by many people.
Lately I’ve also been using Trisolaris on Aurora after seeing that their vaults are on buffet))
So i think that u can use Sushi Swap on Polygon
I am only in for layer one tech. And KDA is the only one that scales in the division, it will fun to watch it outrun the competiton, and the decentralized exchange Kaddex built on it will blow a lot of steam in the upcoming months. KDX is a first gas free DEX and i think that will get adopted in a huge scale.
you should check out OOLONGSWAP on BOBA NETWORK. WAGMI incentive is going on rn.
spookyswap
Tinyman on Algorand