DEX aggregators are one of the most important parts of cryptocurrency trading. This is because they provide traders with an opportunity to create a well-balanced portfolio, while also enabling risk management and democratization in the crypto markets.
The “defi aggregator list” is a tool that allows users to search and sort the top DEX Aggregators. The tool also provides analysis of each one.
What is a DEX Aggregator, and how does it work? Liquidity aggregators, also known as decentralized exchange (DEX) aggregators, combine the exchange rates of many DEX platforms and provide you with a list of sites that give the greatest value for your crypto transactions.
Furthermore, trading on numerous DEXs with a single trading dashboard allows you to tap into a larger pool of liquidity. Consider them the search engines of the DeFi world, scanning DEXs for the greatest bargains so you may trade your crypto assets for the least amount of money.
Our editors have produced a list of the top DEX aggregators, sorted by daily volume, user-friendliness, and general repute, if you wish to invest or trade in cryptocurrencies/DeFi markets.
DEX Aggregators at the Top
The top liquidity aggregators working across major blockchains are listed below:
| Aggregator | Blockchain | List of DEXes | Year of Inception | User-Friendly Design | Volume per day (USD) | Followers on Twitter | Our Score |
|---|---|---|---|---|---|---|---|
| 1inch.exchange | Arbitrum, Ethereum, Binance, and Polygon are all cryptocurrency exchanges., Optimism | 120 or more (DEX) | 2019 | 4 | $277M | 470.8k | 4 |
| The slingshot (formerly DEX.AG) | Arbitrum, Polygon | 326 (DEX) | 2018 | 1 | $512M | 18.6k | 2 |
| Swap Totles | Ethereum | NA | 2017 | 1 | NA | 7.3k | 1 |
| ParaSwap | Ethereum, Polygon, and Binance are all cryptocurrency exchanges. | 75 (DEX) | 2019 | 3 | $144M | 59.6k | 3 |
| Matcha | Ethereum, Binance, Polygon | 50 (DEX) | 2020 | 4 | $150M | 39.6k | 2 |
| Uniswap V3 is a new version of Uniswap. is a new version of Uniswap. | Ethereum | 50. (pools) | 2018 | 4 | $5.43B | 741.9k | 4.5 |
| Pancakeswap | Binance | 30. (pools) | 2020 | 4 | $2.59B | 1.2M | 4 |
| SushiSwap | Ethereum | 127 (pools) | 2020 | 3 | $786M | 173.7k | 3 |
| dYdX | Ethereum | 28. (markets) | 2018 | 3 | $5.4B | 98.8k | 4 |
| Raydium | Solana | the number 136 (pools) | 2017 | 2 | $347M | 249.6k | 3 |
| Trader Joe’s is a retailer that sells | Avalanche | 26. (pools) | 2021 | 3 | $909M | 90.2k | 3 |
1Inch
1Inch’s key USP is its position as a leading DEX aggregator across many blockchains, despite the fact that it is a DEX in its own right. The network facilitates exchanges across big ecosystems like as Ethereum and Binance, as well as smaller networks such as Polygon, Arbitrum, and Optimism.
1Inch provides access to over 120 liquidity sources as an aggregator, including 68 on Ethereum, 39 on Binance, and 24 on Polygon. It is one of the most active DEX aggregators in 2021, with daily trade volumes exceeding close to $300 million and 300,000+ active users.
1INCH is also the name of the 1Inch DEX’s native token. It serves as a utility token as well as a protocol governance token. 1INCH is a multi-chain coin that is supported by Ethereum and the Binance Smart Chain.
1Inch is one of the finest DEX aggregators for crypto newbies, with comprehensive documentation and a well-developed Help Center that includes beginner tips, FAQs, and more.
Slingshot
DEX.AG, a DEX aggregator platform established as part of a hackathon event in late 2018, gave birth to Slingshot. It supported seven main DEXs at the time of its inception, including Uniswap, Kyber, and DDEX.
DEX.AG was relaunched as Slingshot in November 2020 after million-dollar investment rounds. Polygon (previously MATIC) and Arbitrum One are two Ethereum-based protocols that Slingshot uses. You get access to over 326 exchanges/liquidity sources when you combine the two.
Due to its relative simplicity and sophisticated capabilities, Slingshot is a popular option among experienced bitcoin traders. The platform’s popularity is shown by typical daily volumes of more than half a billion dollars.
Slingshot, on the other hand, is not a particularly beginner-friendly DEX platform owing to its threadbare interface and lack of clearly available online FAQs, instructions, and documentation.
Swap Totles
Totle is a DEX aggregator that also works with synthetic asset providers, giving traders access to a wide range of tokenized assets. Unfortunately, the platform seems to be inert, with no updates since mid-2021 and no statistics available on any major cryptocurrency exchange.
ParaSwap
ParaSwap is a multi-chain DEX aggregator that supports Ethereum, Binance, Polygon, and Avalanche. It also features a native token, the PSP, for liquidity and governance reasons.
ParaSwap is still in its early stages of development, while being one of the most feature-rich and beginner-friendly DEX aggregators. Over time, the platform grew to 1.4 million overall users in 2021, with daily transaction volumes topping $150 million.
ParaSwap gives you access to 75 DEX platforms for swapping and paying, with an emphasis on better market prices and lower gas expenses. ParaSwap may potentially be integrated with decentralized apps (dApps) to improve the efficiency of token swaps.
Matcha
Matcha, like 1Inch and Slingshot, is a DEX aggregator as well as a decentralized exchange. The platform, which is powered by 0x Labs, focuses on transparency, cheaper costs, smart order routing, and quicker access.
Matcha may now take payments in fiat currencies, a first for DEX platforms, thanks to a recent agreement with MoonPay. This might be really handy for newcomers: you can buy cryptos on Matcha using ordinary cash and start trading right away.
Matcha connects users to over 50 liquidity sources and decentralized exchanges (DEXs) across three blockchain platforms: Ethereum, Binance, and Polygon. Matcha has over 2.5k daily traders despite being one of the newer platforms on our list (established in 2020). Its daily volumes are in the neighborhood of $150 million.
Uniswap V3
The Automated Marker Maker (AMM) methodology underpins the Uniswap DEX platform. The DEX has enjoyed a meteoric ascent in crypto circles since its introduction in November 2018. With $5.5 billion in daily volumes as of Q4 2021, it consistently ranks first among DEX platforms with the highest daily volumes.
The platform is now in its third version, known as Uniswap V3. Uniswap, which is built on the Ethereum Blockchain, allows you access to over 50 liquidity pools with 285 coins and 350 marketplaces. Each day, about $1.8 billion worth of transactions are made on the USDC-ETH pair alone.
Uniswap is a wonderful alternative to explore despite not being a DEX aggregator in the traditional sense. Uniswap is a key partner and provider of trading choices for the majority of the other aggregators on this list.
PancakeSwap
PancakeSwap was founded in 2020 to function similarly to Uniswap, but using the Binance Smart Chain rather than Ethereum. PancakeSwap is a DEX platform with an AMM operating style, similar to Uniswap, but with an emphasis on yield farming using the native CAKE currency.
Due to the enormous magnitude of the Binance blockchain, PancakeSwap is a huge force on the DeFi market, despite the sweet and syrupy “cake” concept. With daily volumes over $2.6 billion, it comfortably ranks among the top three most active DEX platforms.
The platform is easy to use, with comprehensive community guides, troubleshooting articles, and customer service. You may also trade in over 30 major cryptocurrencies, which are backed by an equivalent number of high-quality liquidity pools.
SushiSwap
SushiSwap is a Uniswap clone with an odd food-focused theme, continuing the pattern of Uniswap clones with strange food-focused themes. It is built on Uniswap, with a fork in the original code written by an unknown developer going by the moniker Chef Nomi.
SushiSwap has been a source of contention since its inception. To create liquidity, the company’s creator pushed customers to put in Uniswap tokens, draining the company of around $810 million in a “vampire assault.”
Chef Nomi then proceeded to withdraw his funds from the project, sparking a firestorm of criticism. He eventually reversed his decision and returned all monies, handing over responsibility of the project to a new team.
SushiSwap has maintained good growth rates in the congested market of Ethereum-based DEX/AMM platforms since these early failures. With daily volumes of about $800 million across 400+ marketplaces, it is now in the top 10 list.
dYdX
dYdX is a prominent DEX platform that focuses on lowering Ethereum’s high gas costs. It’s one of the few sites that allows new users to make gasless deposits after depositing a specific amount. This is something the platform intends to make a permanent feature.
dYdX is also collaborating with StarkWare on the deployment of a Layer 2 scalability engine that will further cut gas prices and trading fees. dYdX allows traders to invest in the crypto-equivalent of futures trading and other derivatives using Ethereum Smart Contracts.
Due to its unique location within the Ethereum ecosystem, dYdX has been able to acquire traction on other, more well-known DEX platforms, such as Uniswap. As a consequence, dYdX is placed second on the list of the most active DEX platforms, with daily volumes of $5.4 billion, as of the end of 2021.
Raydium
The Raydium network runs on the very promising Solana blockchain, rather than Ethereum or Binance. As a consequence, the Ethereum rival has a thriving development environment, and its coin has increased by at least 16,000 percent since January 2021.
Raydium, an AMM platform built on the Serum DEX, has benefited from the growing interest in the Solana blockchain. Over 430 trading pairings are available on the site, with Solana-USDT being the most popular.
All future applications and projects on the Solana and Serum ecosystems will be built on top of the native token, also known as Raydium. The project’s main goal is to serve as the backbone of DeFi on Solana. Raydium, on the other hand, offers a lot of potential for future expansion, with current daily volumes now exceeding $300 million.
TraderJoe
Avalanche blockchain, which was launched in 2020 as a less costly and more efficient alternative to Ethereum, focuses on decentralized applications. Due to strong media attention and high-profile agreements with institutions like as Deloitte, its AVAX token has reached all-time high demand in late 2021.
TraderJoe, a significant DEX platform built on the Avalanche blockchain, has risen to the top of the DEX pile in recent times as a result of this boom. Because of its dominant position in the blockchain ecosystem, TraderJoe’s daily deals have surpassed $1 billion.
On the TraderJoe platform, you may trade major cryptos, stake and acquire the native JOE token as a reward, lend other cryptos, and farm yields. TraderJoe is a primary target for anybody interested in the Avalanche ecosystem, with minimal costs and over 170 markets.
Uniswap is our top pick.
Uniswap is our top choice because to its large liquidity pools, user-friendliness, and dedication to constant innovation.
DEX aggregators and AMM platforms will become even more important as the different DeFi ecosystems continue to develop and flourish. These platforms play an important role in locating liquidity and enabling transactions across numerous blockchains. It is not an exaggeration to argue that DEX aggregators are crucial to the future of DeFi and, by extension, the future of finance as we know it.
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The “uniswap dex aggregator” is a cryptocurrency exchange that allows users to trade between multiple cryptocurrencies. It has been rated and analyzed by its users for the year 2022.
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Frequently Asked Questions
What is DEX aggregator?
A: Dex is an abbreviation for Digital Exchange which is a website that allows users to sell items and buy them in-game.
What DEX does Coinbase use?
A: Coinbase uses the DEX for trading. The cryptocurrency exchange is not a custodian, so it does not hold customer funds in any wallet or account. It only trades with customers on-exchange and doesnt provide storage of any sort.
Is MetaMask a DEX?
A: MetaMask is not a Dex, but an Ethereum wallet for storing and trading digital assets.
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