The FTX token is an exchange token created by the FTX Exchange with the ticker FTT to power its ecosystem and provide value inside the exchange’s activities. The exchange was founded in an attempt to avoid clawbacks in cryptocurrency exchanges. This is accomplished through a three-tier liquidation strategy that utilises rate-limited orders to close positions and a
The Curve protocol CRV and Curve DAO token form another innovative project to come from the DeFi movement and one that provides a particularly unique and well-designed concept. Improving on functionalities that DeFi platforms like Uniswap and Sushiswap have otherwise neglected, CRV focuses on providing a viable alternative solution to traditional financial platforms in the
KLAY is the default and native token used on the Klaytn blockchain. KLAY is primarily used as the utility token for all platform transactions as well as all other blockchain applications on the network. Since its inception, the crypto industry has witnessed the birth of thousands of crypto assets. Each crypto asset has its own blockchain infrastructure. These
PancakeSwap (V2) is a popular decentralized exchange (DEX) allowing BEP-20 token swaps on the BNB Chain. It is the biggest exchange of the BNB Chain ecosystem and one of the top DEXs by market share. The exchange employs an automated market maker (AMM) model, allowing users to trade against a liquidity pool. You can become a liquidity provider and receive LP tokens, which entitle users to a share
Orca touts itself as the “easiest, fastest, and most user-friendly cryptocurrency exchange on the Solana blockchain.” Being one of the first automated market makers (AMM) launched on Solana, the decentralized exchange (DEX) maintains its own liquidity pools. It allows users to swap assets, participate in yield farming, and provide liquidity. The platform leverages Solana’s quick transactions and low fees.
As a liquidity aggregator on Solana, Jupiter aggregates the best token prices across different decentralized exchanges by connecting all DEX markets and AMM pools together, irrespective of the provider. This smart routing process also compares prices routed through an intermediary token, which allows the discovery of price inefficiencies and volatility in the markets. Jupiter also dynamically splits trades into smaller trade sizes
Raydium is a Solana-based decentralized exchange (DEX) with an automated market maker (AMM) model. Users can swap, trade, and become. The exchange provides liquidity to Serum, another Solana-based exchange with a central order book model. Therefore, Raydium users can access the order flow and liquidity of Serum and vice versa. Furthermore, the platform claims to offer the best price swap feature that automatically determines whether
BitMEX is a peer-to-peer (P2P) cryptocurrency exchange and professional derivatives trading platform founded by HDR Global Trading Limited and registered in Seychelles under the International Business Companies Act. BitMEX stands for Bitcoin Mercantile Exchange. It focuses primarily on advanced investors and seasoned traders who are familiar with the concepts of leveraged tokens and margin trading. The platform claims
Binance TH by Gulf Binance is a platform providing digital asset exchange (THB pairing) and brokerage (Crypto pairing) services by a licensed entity named, Gulf Binance Co., Ltd. We are a joint venture between Gulf Innova Co., Ltd, an affiliate of Gulf Energy Development Public Company Limited, and Binance Capital Management Co., Ltd., an affiliate
Phemex is a crypto derivatives trading exchange. Based in Singapore, it was launched in 2019 by former executives from Morgan Stanley. The project is rapidly gaining popularity due to low fees and deep liquidity, offering user-friendly charting and wallet interface, no-KYC, tight/fast execution spreads, as well as spot, contract, and margin trading. The centralized cryptocurrency exchange (or CEX) serves all