Decentralized Exchanges (DEX) - Rating & Comparison

Kurslog compares decentralized exchanges (DEX) where trading occurs through smart contracts without intermediaries. We evaluate pool liquidity, network fees, blockchain support, and interface usability. DEX platforms provide full control over your assets.

Exchanges listed305 CEX · 14 DEX · 6 derivatives · 5 perp DEX
DEX volume, 24h$1.75B-2.8%over 24h
Average uptime, 30d99.7%0 of 14 exchanges without downtime
Volume leaderPancakeSwap V325.4% of the section total
Volume change, 24h
BTC funding ratesAll funding rates
Updated
  • Exchange metricstoday at 05:01 AM
  • Uptimetoday at 05:33 AM
  • Funding ratestoday at 05:07 AM
  • SourcesCoinGecko, DefiLlama

DEX Exchange Rating for Ukrainians

Exchange
Fees
30d
PancakeSwap V3
PancakeSwap V3Worldwide · since 2017
EthereumBNB ChainArbitrumBasePolygon zkEVMLineazkSync EraopBNB
99.8%30-day uptime
2
718
1120
445 327 981 $-12.2%over 24h
0.25% swap fee; reduced with CAKE staking. No deposit/withdrawal fees.
Uniswap
Uniswapsince 2018
EthereumArbitrumPolygonOptimismBaseBNB ChainAvalancheCeloBlast
99.8%30-day uptime
2
933
1285
401 433 215 $+17.1%over 24h
Swap fee: 0.01%, 0.05%, 0.3% or 1% depending on the pool. Gas fees paid separately.
Orca
Orcasince 2021
SolanaEclipse
99.8%30-day uptime
2
394
867
240 851 945 $-14.2%over 24h
Swap fee: 0.01%-1% depending on the pool. Solana network fees ~$0.001.
Fluid
Fluidsince 2024
EthereumArbitrumBase
99.7%30-day uptime
2
22
29
157 363 376 $+19.9%over 24h
Dynamic swap fee, typically 0.01%-0.05% depending on pair and volatility.
Aerodrome
Aerodromesince 2023
Base
99.8%30-day uptime
2
184
268
153 645 962 $-9.2%over 24h
Fees: 0.01%-1% depending on pool type. Gas on Base is very low (<$0.01).
Meteora
Meteorasince 2023
Solana
99.7%30-day uptime
2
627
1494
113 956 693 $-17.3%over 24h
Dynamic fees: from 0.01% to 2%, automatically increase during high volatility.
Raydium
Raydiumsince 2021
Solana
99.7%30-day uptime
2
372
683
104 287 365 $-8.7%over 24h
Swap fee: 0.01%-1% depending on the pool. Solana network fees are minimal.
Curve Finance
Curve Financesince 2020
EthereumArbitrumPolygonOptimismBaseAvalancheFantomGnosis
99.2%30-day uptime
2
166
393
64 029 663 $+9.5%over 24h
Swap fee: 0.04% for stablecoins, 0.4% for other pools. 50% of fees go to liquidity providers.
HumidiFi
HumidiFisince 2025
Solana
99.7%30-day uptime
2
18
22
38 476 421 $+111.4%over 24h
Fees are included in the spread. Solana network fees are minimal (~$0.001).
Cetus
Cetussince 2022
SuiAptos
99.7%30-day uptime
2
79
125
14 837 528 $-29.9%over 24h
Swap fee: 0.01%-1% depending on the pool. Sui/Aptos network fees are very low.
DODO
DODOsince 2020
EthereumBNB ChainPolygonArbitrumOptimismBaseAvalancheLineaScroll
99.3%30-day uptime
2
6
7
10 419 181 $-20.9%over 24h
Swap fee: 0.1%-0.3% depending on the pool. Gas depends on the network.
QuickSwap
QuickSwapsince 2020
PolygonPolygon zkEVM
99.7%30-day uptime
2
153
198
5 767 502 $-11.1%over 24h
Dynamic pool fees. Gas on Polygon ~$0.01, even lower on zkEVM.
Balancer
Balancersince 2020
EthereumArbitrumPolygonGnosisAvalancheBase
99.8%30-day uptime
2
17
29
244 333 $-27.6%over 24h
Pool fees: 0.01%-10%, set by the pool owner. Protocol fee up to 50% of pool fee.
EthereumzkSync EraBNB ChainBase
99.8%30-day uptime
2
3
6
0 $
Dynamic swap fees depending on pool and volatility.

What is a Decentralized Exchange (DEX)

A DEX is a cryptocurrency trading platform where transactions are executed through smart contracts on the blockchain without a centralized intermediary. Unlike traditional exchanges (CEX), a DEX does not hold your funds - you trade directly from your wallet, maintaining full control over your private keys.

How DEX Exchanges Work

Most modern DEXs use the Automated Market Maker (AMM) model. Instead of an order book, trading occurs through liquidity pools - reserves of tokens locked in smart contracts. The price is determined by a mathematical formula (e.g., x | y=k in Uniswap). Liquidity providers deposit tokens into pools and earn a share of fees from each swap transaction.

Advantages of DEX Over Centralized Exchanges

The main advantage of DEX is the elimination of the need to trust your funds to a third party. Your assets remain in your wallet until the moment of the swap. DEX platforms generally do not require registration or KYC verification, ensuring privacy. DEXs are also available 24/7 without the risk of downtime due to administrative decisions.

Risks and Limitations

DEXs have certain limitations: lower liquidity compared to large CEXs, higher gas fees during network congestion, the risk of impermanent loss for liquidity providers. You should also be cautious with smart contracts - only use verified and audited DEX protocols.

Popular Networks for DEX

DEX exchanges operate on various blockchains: Ethereum (Uniswap, SushiSwap), BNB Chain (PancakeSwap), Solana (Orca, Raydium), Arbitrum (Camelot), Base (Aerodrome). The choice of network affects transaction speed and fee size. Layer 2 networks (L2) such as Arbitrum and Base offer significantly lower fees compared to Ethereum mainnet.

How to Choose a DEX Exchange

When choosing a DEX, pay attention to liquidity volume in required trading pairs, protocol fees, support for your network, and smart contract security (availability of audits). It is also important to verify that the tokens you need are available in the liquidity pools of your chosen DEX.

Kurslog DEX Rating

Kurslog analyzes DEX platforms by trading volume, liquidity depth, number of supported networks, smart contract security, and user reviews. Our rating will help you choose the best decentralized exchange for your needs.