The best Ethereum DEX coins you can buy and hold now

Decentralized Exchanges are often considered an integral part the crypto industry. Decentralized exchanges (DEXs) are an integral part of the crypto industry. Over time, more DEXs have been created on Ethereum and other blockchains. Why is DEXs so popular with investors? Here are some reasons:

• Many DEXs have solved the liquidity problems that have slowed their growth over many years.

• Crypto traders consider

  DEXs safer than central exchanges and more private.

• Growth is expected to continue rising in the DEX trade volume in the near future.

Investors looking for the best Ethereum-based DEXs for their investments should consider these three coins.

UniSwap (UNI)

Uniswap (UNI) is the king of DEXs. This was actually one of the first platforms built on Ethereum. While other DEXs have been following suit, most of them are based on the UniSwap original idea.

Data Source: Tradingview

Uniswap is the largest DEX on Ethereum at the moment. It also recorded nearly $51 billion in trade volume in January, one of the highest in the market. Uniswap is the perfect DEX for you if you’re looking for a reliable and proven DEX.

dYdX (DYDX)

dYdX (DYDX) is designed for derivative traders. You can access a wide range of futures and perpetual contracts on various crypto assets. It’s also faster, more secure and has lower fees than other derivative trading platforms. The platform averages $6.5 billion daily in trading volume.

1Inch network (1Inch )

1Inch Network (1Inch) is a liquidity aggregator and DEX that offers users peer-to-peer crypto trading. It also provides the infrastructure necessary to expand DeFi around the globe. It provides cross-chain liquidity aggregation, making it easy for traders to trade crypto assets and reducing slippage fees.