Which upcoming DEX are you looking at in 2024?

cryptoaddictchie

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Quote from: The Watcher of All on January 05, 2024, 04:52:47 AM

I mean a DEX in building phase that can become big and useful in 2024.

Dojoswap platform. They are a dedicated one for injective ecosystem. Its not like its active for every tokrn but thats how it works on L1 battles. Its gonna be a king on the inj eco as they are the one will put up a lot of staked. There are other platform lives but of course you wanna be on a good first one if you wanna take profits from it right?

Other good dexes are on different ecosystem but this is the one Ive found that is good.

batang_bitcoin

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While the popular ones started to support other chains like Uniswap, I know with the hype of SOL nowadays is with Jupiter and there are still pancake swap users.
So, any swap that seems to be usable and still have a lot of volume from many traders is coming. I don't have any standards anymore on it as long as there's a huge liquidity that one can be dependent on. Most of these DEXes are just the same.

Kelward

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Quote from: Rasa nanas on January 07, 2024, 03:04:24 AM

so far I haven't found any new DEX that will be big like UNISWAP and PANCAKESWAP. but I am sure that in 2024 there will be many large altcoins that have their own networks and of course also have DEX. I say that because 2024 is a bullish year and it looks like many large projects that have their own networks with very large funding raised will be launched in 2024.

We have existing DEX that are doing well, example is uniswap and pancakeswap, as mentioned, we welcome any new ones that will come and add value to investors. The one mentioned by the OP, can turn out to be a good option to explore, although he warmed that we shouldn't take his wordy for it and do our own research before deciding to give it a shot. It's indeed a bullish year in cryptocurrency and we're expecting new profitable developments in crypto launchings

tyz

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Quote from: The Watcher of All on January 05, 2024, 04:52:47 AM

I mean a DEX in building phase that can become big and useful in 2024.

I'm a big fan of DEXs because you simply don't have to rely on an intermediary and have everything in your own hands. Almost every ecosystem today has its own DEX and so it will also be the case in 2024 that new projects will introduce their DEX or further develop existing ones. I'm not looking at any specific new DEX, but I hope that there will soon be solutions that combine or connect different DEXs. Because the big problem is that many DEXs are too small and manytimes have too less liquidity what makes it difficult to use them on a daily base. So to answer your question: I am looking for one that combines many DEXs in one platform.

AnonBitCoiner

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Quote from: The Watcher of All on January 05, 2024, 04:52:47 AM

I mean a DEX in building phase that can become big and useful in 2024.

I haven't heard of any new upcoming DEX launching this year. I can say there going to be many. but maybe because they are not so famous yet that's why they didn't caught my attention yet.
Honestly speaking. I don't think we need more DEXs. because we already have enough DEX for almost every blockchain.
Ordiswap is the most recent DEX I heard about which was built for trading ORDINALS. and BRC20 tokens..
More DEXs like that would be useful for new blockchains. but NEW DEXs for major blockchains like Ethereum, BSC, etc are really unnecessary. Uniswap and Panecakeswap are already enough for those.

johnsaributua

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I haven't used dex too much this year, but dex is usually indirectly from a chain's airdrop claimer program, this year I tried tinyman which is affiliated with gora and algo, opbnb, mantle. As well as jupiter and raydium. Because it is cheaper and I often find these dex for my daily swap trading.
In your opinion, what dex chain are you interested in? if you like in the wallet app on android in real time you can also, the dex platform makes it easy for you according to the tastes of traders.

Are you looking for old dex that have survived until now, or new dex that are still very early and share their history with the coin you have? maybe you are aiming to buy and hodl native tokens such as pencake swap (cake)? or what kind of native dex or wallet coin? of course you are important to read tokenomics and learn about any altcoin and its distribution.

dimonstration

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Quote from: The Watcher of All on January 05, 2024, 04:52:47 AM

I mean a DEX in building phase that can become big and useful in 2024.

Check out this one https://www.rocketx.exchange/. This is recommended by my local friend to invest with. This project is still in development but their goal is to become an exchange aggregator for both DEX and CEC which is very massive goal once succeeded. Imagine buying tokens on CEX without actually creating an account in there and stays in DEX.

This is not a financial advice and always DYOR for your investment. This project is still new so there’s a chance that this project doesn’t become successful in the future.

kentrolla

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I don't have much experience with DEX and I have been trading mostly in the centralized exchanges but I have used Pancakeswap and Uniswap and I am sure most of us would have used these two DEX and don't have much valid reason to look after another DEX. But in upcoming days more people including myself will be migrating to DEX if centralized exchanges keep following the instructions from the regulators.

Bureau

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Uniswap and pancakeswap are the biggest DEX and so far no other DEX has been able to counter their popularity. The reason is their Blockchain ecosystem. If any other blockchain can counter the Ethereum or BSC ecosystem expansion, only we can find a new upcoming DEX getting large volume. A few DEX are available on different blockchains but do not have volumes like these two.

zasad@

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Quote from: The Watcher of All on January 05, 2024, 04:52:47 AM

I mean a DEX in building phase that can become big and useful in 2024.

The mainstream in this area has always been and will be the Ethereum ecosystem
https://defillama.com/chain/Ethereum
In this ecosystem, many L2 and L3 solutions will develop very quickly, and layer zero will be a very good project for quickly moving assets from one ecosystem to another.
If you're interested, try it on layer zero, it works
https://www.sushi.com/
https://stargate.finance/

Sophokles

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Quote from: Bushdark on January 07, 2024, 04:07:14 AM

What other decentralized exchange should we be looking for when we have uniswap and pancakeswap already?
Do you think that there will be more Blockchains that would emanate bigger that the two I have mention?
Maybe we can keep eyes on other Blockchains too looking forward for them to get bigger and bigger with time.
You don't have to keep searching for now because we still have some inferior decentralized exchanges that is not has big as pancakeswap and uniswap.

Most of the other dex are actually copies of uniswap or they follow the same model as uniswap does. What exception some of them are making is that they are providing a few more services like token sale, farming contract, asset management services, and a few other products they have developed. But the most demanding option is to have a gas less transfer between traders which i am not sure will be possible or not. But 1Inch has introduced a feature that can work like that but it is not so reliable because the seller will get a lower price than the market price which means that the feature is not making any expectations.

Bushdark

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What other decentralized exchange should we be looking for when we have uniswap and pancakeswap already?
Do you think that there will be more Blockchains that would emanate bigger that the two I have mention?
Maybe we can keep eyes on other Blockchains too looking forward for them to get bigger and bigger with time.
You don't have to keep searching for now because we still have some inferior decentralized exchanges that is not has big as pancakeswap and uniswap.

bluebit25

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Quote from: The Watcher of All on January 05, 2024, 04:52:47 AM

I mean a DEX in building phase that can become big and useful in 2024.

There's also been some attention to activity on L2, but I still think the old Dex are still active and very influential in the space.

Uni, pancake, osmo, ray,... are all quite familiar products. But I also think there will be the launch of some new names in ecosystems and attract attention, such as the BRC20, Cardano,... all of which are of great interest and can be said to be true. Ambient hype can take place at any time.

Rasa nanas

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so far I haven't found any new DEX that will be big like UNISWAP and PANCAKESWAP. but I am sure that in 2024 there will be many large altcoins that have their own networks and of course also have DEX. I say that because 2024 is a bullish year and it looks like many large projects that have their own networks with very large funding raised will be launched in 2024.

Samlucky O

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Quote from: The Watcher of All on January 05, 2024, 04:52:47 AM

I mean a DEX in building phase that can become big and useful in 2024.

I don't think there is any need for that because we have alot of DEX and most of them are very much active and working perfectly looking out for new phase of Dex, is like is like indirectly saying that the once they that are not that ok. If am wrong correct me.

I think what is more important is to accumulate more bitcoin to your portfolio. If Dex will upgrade its up to them to do that. Your own is only to use it and as a place of store of valuable asset.

Ben Barubal

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Quote from: The Watcher of All on January 05, 2024, 04:52:47 AM

I mean a DEX in building phase that can become big and useful in 2024.

I think this Jupiter Exchange is a dex platform that, in my opinion, can provide pa airdrops in the future: https://jup.ag/dca/SOL-JTO. As long as you just want to be a part of their pa airdrops, you need to use their platform first.

But there is no definite date or month when they can announce airdrops; I just think this is it. You know that in this era, other tokens suddenly have airdrops when they get their target, and usually the only qualifiers are the ones who trusted and took the risk to use their platform.

Sophokles

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Aren't they mostly the same? Instead of using dex a cross chain dapps is more convenient option for a user as it can scan the whole internet and find the best possible rate and safe route for its users. I am currently using one instead of using uniswap, pancake or other popular dex. But there is a limitation here for using cross chain functionality because a user can only swap the crypto that is available in those cross chain dapps. If you want to swap a new token then you won't find it there.

MFahad

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Quote from: The Watcher of All on January 05, 2024, 04:52:47 AM

I mean a DEX in building phase that can become big and useful in 2024.

Uniswap was the first best dex used in Ethereum chain. When BSC chain start getting hype then Pancakeswap become very famous and was one of the top dex in bsc trend. Now so many new chain has been launched and every chain has own dex. I think Uniswap will remain best of all time and other dex will be just limited to some features/limited chains support. Blast2 or Manta could become a very good dex in the future but it could be short time trend also and nothing could be speculate confirmed.

tsaroz

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Quote from: The Watcher of All on January 05, 2024, 04:52:47 AM

I mean a DEX in building phase that can become big and useful in 2024.

There are not much hype about dex as in the past so there are not much hype anywhere and it's harder to find newer dex that could be promising. Popular dex like pancakeswap and biswap are already so low on user activity and their token prices has decreased to dirt. Still I was in search for something new and that could be a hit on the future and I discovered kinza finance.
Don't mean to promote it and everyone should do their own research before investing but the reason I went in on this is they are providing a good rate on staked coins and the larger and longer you stake, you are also enrolling on the airdrop where the dex tokens would be distributed to the stakers and referrers at some time in future.

The Watcher of All

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I mean a DEX in building phase that can become big and useful in 2024.

Topic: Which upcoming DEX are you looking at in 2024? (Read 132 times)