Showing posts with label dex. Show all posts
Showing posts with label dex. Show all posts

Are DEXs Like UniSwap (UNI) and Calyx Token (CLX) Still Worthwhile Investments in 2022?

Decentralised exchanges (DEX’s) are platforms that offer traders an alternative to centralised exchange platforms. They are non-custodial, meaning that transactions are performed without third-party intermediaries and funds are directly transferred to user-owned wallets. Benefits of DEX’s over traditional exchanges include user anonymity, security, reduced costs, and a greater degree of integration with the world of DeFi dApps.

Here are three tokens to consider purchasing if you are interested in getting involved with the growing and popular sector of DEX’s, including the promising early-stage crypto Calyx Token (CLX).

Uniswap (UNI) Is The Largest DEX for Daily Volume

Uniswap (UNI) is the token of the decentralised exchange of the same name. The exchange first launched in January 2018 and has since become the largest decentralised cryptocurrency exchange according to data from CoinMarketCap’s ‘Top Cryptocurrency Decentralised Exchanges’ as ranked by 24hr trading volume, with over $1 billion transacted daily.

The Uniswap (UNI) token has also become the largest DEX utility token and currently takes 21st place overall of all cryptocurrencies when ranked by market capitalization. With the price sitting at $6.89 in late 2020, Uniswap (UNI) has experienced a high level of volatility since it launched and has enjoyed explosive growth in the first half of 2021 reaching an all-time high of $43.16 before exhibiting negative volatility since. At the time of writing the token is valued at under $6.

Uniswap (UNI) was an investment that paid dividends to those who purchased before January 24, 2021, and sold before April 4, 2021 (almost doubling their investment).

Early-Stage DEX Calyx Token (CLX) Has The Most Potential

Calyx Token (CLX) is an ERC20 token on the Ethereum network used for utility and governance on Calyx Swap and its Calyx Token permissionless liquidity protocol. Calyx Swap is a decentralised exchange that connects liquidity providers with traders, offering unique benefits to both, as well as staking rewards for holders of Calyx Token (CLX).

Liquidity providers receive a portion of the fees paid by traders on all completed trades, this liquidity can be accessed by traders when performing atomic swaps between cryptocurrencies on CalyxSwap. These traders can use the platform to seek the best price liquidity pool for the cryptocurrency pair they are transacting.

Currently in presale, Calyx Token (CLX) is a strong prospect for investment due to the low presale token price and strong project fundamentals. Additionally, Calyx Token (CLX) is a deflationary cryptocurrency, which means that a portion of tokens is automatically “burned” from the ecosystem over time, permanently removing them from circulation. This contributes to a continued appreciation of value as scarcity increases.

PancakeSwap (CAKE) Offers Almost 4000 Swap Markets

PancakeSwap (CAKE) is just below UniSwap (UNI) on the CoinMarketCap list of top DEXs, taking second place with over $800 million in 24hr volume.

Holders can stake their PancakeSwap (CAKE) tokens to provide liquidity to the PancakeSwap decentralised exchange and earn passive income rewards. Holding PancakeSwap (CAKE) also gives access to a regular lottery event where PancakeSwap (CAKE) token prizes can be won.

PancakeSwap (CAKE) and its DEX platform has the potential to eventually overtake Uniswap, offering 3948 markets for trade compared to Uniswap’s 627, however, this depends heavily on whether the platform can accomplish sustained community growth and engagement.

Early-stage DEXs Offer Great Long Term Prospects

The top decentralised exchanges have offered great returns for those who managed to get in early, however, their future potential is uncertain. Calyx Token (CLX) is an early-stage DEX project that offers an alternative with benefits over its centralised and decentralised competitors, and a high potential for long-term returns for early investors.

Calyx Token (CLX)






Uniswap (UNI)




PancakeSwap (CAKE)






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This Decentralized Crypto Exchange PAYS You 90% Of Your Trading Fees BACK - BiSwap Review...

Biswap decentralized exchange

SAN JOSE, COSTA RICA -  Biswap is a decentralized exchange on the Binance Smart Chain (BSC).  They offer trading, liquidity mining, yield farming, NFTs, Lotto, Games, a Launch Pad and more.  As you can see it's a project with a lot going on! on BSC. Today we'll look at this and more in our BiSwap Review...

But it's their unique benefit for traders that is driving their popularity…

BNB is the official utility token of BSC - so just like you spend ETH to send any transaction on Ethereum's chain, you spend BNB Binance Smart Chain. You also use Metamask, as you would if it were Ethereum based.

Current that cost is around 10 cents to unlock the coin for trading, and 20 cents to trade it - so about 30 cents in fees for the whole thing. 

Get In The Habit of Using Biswap Instead of PancakeSwap or Another Exchange - Out of the Average 30cent fee Total, You'll Get 27cents Back!

Biswap was launched in 2021 along with their native coin BiSwap token "BSW", this what you'll be paid in.   But this isn't a bad thing, their token has done an amazing job at holding value. At the time of writing this many coins are at about 50% of their all time highs, Bitcoin included. But BSW debuted around 80 cents 9 months ago, and is trading for around 70 cents today. 

Here's why they're getting that growth:

  • Traders get 90% of their trading fees back.

  • Maintains an insurance fund to protect users' funds from potential hacking losses.

  • It takes a community-oriented approach to its operations.

  • Fee structure that is open and transparent.

  • Mechanism for transaction mining.

  • Pools with a high API quality.

  • Audited by Certik.

  • Simple to use, even a newbie could use it.

So this one is getting scored a 'STRONGEST RECOMMENDATION' for those who are trading a lot on Binance Smart Chain. The fees are so low, and so many tokens that are on Ethereum are on BSC (they trade at the same price, the only difference is the fees) it's easy to go crazy and trade aggressively - those fees add up, and you could be getting a TON of money back!

Visit BiSwap via this Invite Link that will give everyone who came from our article a special lifetime ADDITIONAL trading fee discount!

Article via Guest Author
Robello Vesques / Madchain Submitted By 3rd Party, Views Not Necessarily Those Of GCP