The name of the native token is Binance Coin (BNB). It also has the native token used at the top of the lists as well. With over 5+ billion dollars TVL and a peak of 7.7+ billion dollars, it is by far the biggest one on the list. It has been around for a long time and was the first one that created the hype for BSC. Pancakeswap is the OG Dex on the Binance Smart Chain. Top 7 decentralized exchanges on Binance Smart Chain Top 7 decentralized exchanges on Binance Smart Chain.However, it was unable to maintain this success and currently has a TVL of around $130 million. It’s known for its unique start without any presale or IDO, earning trust from its users.ĪpeSwap gained attention for increasing its TVL to over half a billion dollars during a bear market. Its lack of updates and changes has led to a decrease in user interest.īakerySwap has a dedicated user base and a TVL of over $30 million. Wault Swap serves as a cautionary tale in the DEX world, having seen a significant decrease in its token value and TVL.ġinch experienced a significant drop from its peak TVL of over $2.2 billion. Despite its token’s value decrease, it remains a popular DEX with active support and a half-billion-dollar TVL. Mdex supports both Binance Smart Chain and HECO chains, allowing it to reach a wider audience. It ranks 14th among all DEXs and offers a variety of low-volume projects and competitions. It offers a wide range of tokens and pairs, making it a popular choice for BSC users.īiswap is known for its competitive offerings and incentives for users. PancakeSwap is the original DEX on the Binance Smart Chain (BSC) and remains the largest with over $5 billion in total value locked (TVL). Whether you’re a seasoned crypto enthusiast or a newcomer to the DeFi scene, this BSC DEX list serves as a valuable guide to navigating the exciting world of decentralized finance on the Binance Smart Chain. Some have seen their total value locked (TVL) and token values fluctuate, underscoring the inherent volatility and risk in the DeFi market. However, the dynamic nature of the DeFi space also means that not all DEXs have been able to maintain their momentum. Each DEX brings its unique features and advantages to the table, catering to a wide range of investor preferences and strategies. This article delves into the diverse landscape of DEXs on BSC, offering a comprehensive list of these innovative platforms.įrom facilitating seamless token swaps to providing lucrative yield farming opportunities, these DEXs on BSC are at the forefront of the DeFi revolution. Some of major cryptocurrencies (Bitcoin and Bitcoin Cash), as well as numerous stablecoins, have their "mirrors" on the Binance Chain which are actually tokens of the native Binance BEP2 standard.The Binance Smart Chain (BSC) has become a hotbed for decentralized exchanges (DEXs), providing a robust platform for the burgeoning DeFi sector. It operates on the native Binance Chain, and supports non-custodial peer-to-peer trading of 130+ assets. The Binance DEX is a side-project of Binance, the world largest cryptocurrency exchange. All of the issued LTC-F07 will be backed 1:1 by a native LTC, in which the accuracy of this connection will be monitored by an initial verified LTC address. The Litecoin blockchain is the largest global scrypt based network, operating with 100% uptime since 2011 securing billions of dollars of value"Ĭhangpeng Zhao also highlighted LTC's contribution to blockchain progress, specifically the Lightning Network and Atomic Swaps.Īs a new asset, LTC-F07 is mintable, and the total supply will increase with market demand. "LTC is decentralized money, free from censorship and open to all. In the new listing proposal, Binance CEO Changpeng Zhao explained the potential of LTC trading on the Binance DEX:
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