Recently, DEX tokens have outperformed other cryptocurrencies. Here are the top decentralized exchanges that issue their own tokens.
Curve, an exchange liquidity pool on Ethereum built for efficient trading; Balancer, a protocol for multi-token automated market-making; Kyber Network, a decentralized Ethereum-based platform to enable digital asset exchange and fluidity; JustSwap, a TRON-based exchange protocol for exchanges between TRC20 tokens; SushiSwap, an evolution of Uniswap with $SUSHI tokenomics; DeversiFi, a crypto exchange that allows users to trade at lightning speed and with liquidity; Oasis Trade, a cryptocurrency exchange to place orders or swap your tokens instantly for the market price; dForce Trade, a decentralized trading platform to instantly swap the mostly adopted ERC-20 stablecoins; Synthetix Exchange, a decentralized synthetic asset platform.
Some of the token prices have a high correlation with the decentralized finance app’s users/transactions/volume. It will benefit your crypto trading to monitor the dapp data as your price indicator.
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