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The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? :)

Binance DEX for sure yet its being dragged on with Binance reputation/popularity itself thats why as long Binance is on the peak then
i would say that among or even we do just talk about liquidity then this one would really have it knowing that going thru their
DEX would have the chance to be listed into their main platform.So the next step is normally for most projects to go look or do go after that.

I do not understand why Blocknet's name has become more popular lately. As far as I know, it has been present for a long time. Right?


There is no more place left for Binance to interfere with. I am so bored with this, we should change the name of the crypto market to "Binance market".

It's hard to say because a DEX needs a constant flow of liquidity, which Binance is providing, so from there I would say Binance DEX, but what will happen when they stop providing liquidity to their DEX?

Then it's also debatable whether or not Binance DEX is an actual DEX or just a centralized toy. I personally think it's both, but what I didn't like is how they excluded certain countries from their website, which goes against their exchange.

In this time, the best DEX is Binance DEX. it has biggest volume in DEX
i think it would grow in the future, as long as Binance.com grows too

https://s3.cointelegraph.com/storage/uploads/view/8b4c72f1f2b0e9551c79cb46f10ec64a.png

If you consider Kybernetwork a DEX, i would say it will be widely used
With the rising of DEFI, tons of liquidity provider are sharing their liquidity with multiple dex to lower down slippage for token swaps/exchange

Kybernetwork has been doing a great job and provide pools of token liquidity to tons DEX/DEFI

I am guessing some of the 0x-based exchanges, then again, it just might be that the real killer dex platform haven't even been done yet or adopted. There's surely room for more competition when the bull run starts and something might as well take over all of them.

I will eliminate any DEX that gives mandatory to users to complete the verification and that's a centralized exchange site and not a DEX.
I believe in kyber and 0x. Both are getting more and more users every day as per the daily volume of both DEX were getting increase a lot at the same time. Can you prove it if blocknet is the first dex? I never heard about that before lol.
We can know what will be the best true DEX based on the adoption and the adoption means the trust of the users.
Im seeing someone has already posted about the bencmark of all dex and kyber was getting placed on the first position and then 0x in the second place.

Blocknet still below both of the dex in terms of adoption.

I do not know which one is more in trust, but Binance DEX has had a great reputation of binance, so despite the new classified they have gained the trust because it is backed up by binance, so I guess in the near time the development of Binance DEX will Very fast.

Surely the decentralized exchange brought by the most favorite exchange and it should be Binance DEX.

I don't know what will happen in two years from now, probably there will be a better exchange than Binance and Binance will die but for now there is no exchange people love the most than Binance, so lots people must use Binance DEX.

Binance's decentralized exchange has a lot of backing: Its mother company, Binance, a huge pool of promotional funding and a large number of users from its regular exchange. This will ensure that the push for DEX adoption is well supported. If DEX adoption fails, it only means, it's not useful or convenient.

That's why I do believe Binance can always be most used decentralized exchange starting from now for the next two years or even more. They just need to keep the momentum, the performance and stay consistent about it, bring the best services to people and try to avoid any drama.

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Actually in a beta, but fully functional

i think the biggest DEX might be yet to be completed, the ones out now are so phony, cryptobridge style, still centralized
it wont be Mcafees, his dex is solely dependent on him being a crazy bastard, how long could that last, another 20 years max?
I think in 2 years we will have atomic swaps, and p2p, with Bitcoins wallet itself being the dex, like Bisq, where anyone can place any offer of any token they hodl

I have no doubt that currently the most promising Dex on market is https://bisq.network/
It is not the cheapest, but it combines convenience (it is very user friendly) and security.
I think that security will be the argument that will soon make Bisq the most popular decentralized exchange on the market.

There is a lot to consider regarding what DEX do you want to establish your trading, pretty much I am guessing many surely want a more secure, trustworthy, and surely anonymous one out there, and fairly easy to use for newbies to surely coop up fast but for me, I am using Binance DEX and currently the number 1 out there,

I had made fairly a lot of tradings and withdrawings that I lost count and pretty much it doesn't fail me a single time, and well back in the days when Airdrops and ICO was the main thing this exchange become popular Ether Delta is a main DEX that I am using back in the days when it is still popular.

Binance and IDEX is NOT a true DEX unfortunately. Funny to see everyone here mention Binance, when their "DEX" isn't decentralized at all. A REAL DEX is owned and controlled by the users, NOT the company itself. All the nodes that verifies the transactions is owned, and controlled by... Yeah.. You guessed it, Binance!

IDEX enforced KYC, and this completely puts them out of the DEX game. That's basically the same as ThePirateBay asking you to submit your personal details to download torrents through their website.

I'm literally stunned how uneducated some people are. Crypto is still running on hype, and everyone seems to follow along like sheeps, not even paying attention to the underlying tech that makes it all possible.
I'm a big fan of Blocknet as well, though it seems to be under the radar, like most other decent projects in this bear market.

Honestly, I've just heard their name recently because the most popular that I've been hearing before is always IDEX. I've used the dex personally until they started to ask about KYC. I don't know about blocknet on how long they already are.

But Binance took over it easily, they have an established centralized exchange and upon building up a so called 'dex', they've easily gathered the attention of every trader that likes dexes.

Already through the centralized service it tops the market even though there were more exchanges available for the trading needs. DEX that are available at the present has got very low liquidity, but if the same is being started by Binance surely the DEX will be much more effective and used in large numbers.

Already Binance has begun its development, and two years from now is very big time frame. Within this Binance DEX will reach the market and will be having noticeable volume of trades happening through it. By the time there will be more exchanges with some unique features gets developed giving competence as market is getting highly competitive day by day.

Any coin listed at Binance Dex has a high trading volume and stable liquidity because this is the place to list only good projects. Currently, Binance Dex is still very new and has just been launched this year so many new investors are not aware of this exchange. In the coming time if Binance to spend money on advertising, surely people will know about this exchange more.

In addition, I have participated in some IDO projects at Binance Dex and occasionally made a good profit so this is a place that is expected to be very promising.

Binance DEX is making the waves in the news. Even before Binance launched its DEX, people are already anticipating it. It must also have topped the list of many traders who prefer to use DEX over centralized exchanges. It should also help that the DEX is directly named after Binance because the brand has already built a lot of followers and users. Even Binance's centralized exchange is highly trusted.

I have used forkdelta /etherdelta for more than 2 years because i have a lot of coin from bounty and its easy to dump on etherdelta or forkdelta, sometimes we can choose thats dex because token is not yet listed on exchange. I think it wil be used more than 2 years from now because its have a lot of token right now.

Forkdelta and IDEX
Why ? because at this time there are still many tokens that use the ETH network, and I think for the next 2 years also ETH will still be widely used by new tokens

I'm pessimistic about DEX's future actually. You know right that regulators will be pushing hard for MLD5 next year? The US will bring "democracy" to DEXes out there.
However, if nothing serious happens, Binance DEX has the highest chance to be successful. They have an active community and not-so-bad liquidity.

Binance DEX is the best and most popular Tesnet Decentralized Exchange today. The DEX Binance was developed so that users can manage their assets more easily. Binance DEX has an unlimited number of indicators, transaction costs are very cheap even in large numbers and transaction speed. Binance DEX is also provided with stop loss feature. I myself recommend to use Binance DEX because of its many features and very low transaction costs.

Binance will likely be able to generate liquidity most consistently, and that's the biggest issue that any DEX needs to tackle first - liquiditiy.

Other projects like Komodo that have had a history I'm also long on, but not as much as I'm long on BNB. The smaller projects you can just disregard unless they're actually something special, because of the fact that DEXs needs exposure to succeed.

That's not even saying for certain that DEXs will somehow be able to replace centralised exchanges over the next few years alone - they probably won't.

if I look at the usual forkdelta that is busy to use including IDEX, but because of the decline in the interest of many trash tokens on the exchange and also the number of ethereum erc20 tokens that move to bep2 Binance, so currently the most widely used DEX exchange is binance.org because I see many interested ones there and the transaction is fast, oh yes one more thing because IDEX uses KYC right now it should not be appropriate to use the IDEX name anymore because it doesn't look decentralized, it should be changed to IDIX

2 Years, it is quite long to predict. But, maybe Binance DEX with their power, will survive until longer time than the others. Especially if people will think to keep trade in big exchange. But if must pick, IDEX and Binance DEX i hope still available to trade for people since i never face any problem when want to use IDEX to sell my tokens.

I made money from a lot of bounty and sell it on IDEX, this is the first generation of DEX exchange in this cryptocurrency world and i still using it till right now and it can connect to my MEW account and easily transfer my tokens in and out. There are still many good DEX such as wavesdex that i also use.

IDEX is not even close to being a real DEX.

A real DEX does NOT:

Require you to login
Require personal info

Furthermore, it can't be shut down, it's not "owned" by anybody (Hint: Binance DEX is not a real DEX).

Blocknet and Komodo is by far the best ones out there, been in the game for the longest time, and Blocknet is not only a "DEX Project", they'll do way more than that in the future.
I'm long on both projects. Binance will eventually be like Poloniex or Bittrex is today. That's my prediction anyway

I think Binance DEX and IDEX are the most popular ones that people are using. But, Binance DEX is just way better and I don't think there is any competition for Binance. The Binance DEX was also able to pull a lot of customers because of how Binance performed over the last 2 years. You can always count on them.

Binance Dex currently has no competitors because this decentralized exchange was created by CZ himself and he runs the entire exchange. Currently, many other decentralized exchanges use the platform ETH but most of these exchanges often have no trading volume and that greatly affects liquidity. Personally only participate in Binance Dex and certainly the future of this exchange will become more popular.

None because of the TRX Auction House -

Tron Auction House
For the Horde!

Misson:  To provide a zero fee, decentralized, "World of Warcraft" (WoW) like  cryptocurrency auction house where TRC Token holders can exchange their tokens with other token holders. This eliminates keeping your coins on an exchange.

How it Works:  The token holders will navigate to the Tron Auction House Dapp website on the Chrome browser with the TronLink Chrome Extension installed and running. In the Dapp, the TRC Token holders can trade with other holders in a WoW style auction house for zero fees.

Giving the Power Back to the Token Hodlers!

http://trxah.trade/

my favorite dex is to stay on old dex like forkdelta, etherdelta and the latest one i am still feeling comfortable using binance. The reason is that first I feel comfortable with the three dex, and why more than one dex, it is to make it easier to compare prices, sometimes prices differ due to local time, so I choose which dex is more appropriate, the price is suitable and actual, of course.

Why doesn't anyone here check that Binance Dex and other ETH-based Dex mentioned are not real Dex?
 Is it so hard to understand ??

I prefer to use Idex because this is a decentralized exchange that is easy to use and very famous in the last 2 years. Currently, exchanges like Etherdel and Forkdelta are all very low liquidity, so these two decentralized exchanges will not be interested by many people in the near future. Of course Binance Dex is also a very potential option but this exchange is still very new and still has a lot of restrictions when trading.

I think its Binance DEX, why? because they are very popular and they can influence the market.
If people are hyping when a project is listed in Binance, for sure BInance DEX will also be affected and their best timing is when the market is good.

As of now, the volume of DEX are very low, but I think Binance DEX has the biggest volume among them all.
Correct me if I'm wrong, though.

I like Waves.Dex, easy to use, old and reliable. I'm leasing some Waves and I get some tokens for that, I trade with them too. Just recently they upgraded Waves.Dex to Waves.Exchange. I downloaded that new upgrade yesterday but I didn't try that yet. I will check a new look and design and I hope it will be better than before, with some additional options.

As long as the Binance DEX is centralized, and owned/operated by Binance themselves, it's just a matter of time before the government decides to shut them down. Binance seems to have fooled everyone with this marketing gimmick, and it seems like it works wonders. Only seeing a few people actually talk about the fact that their DEX isn't decentralized at all.

Back in 2017, Poloniex and Bittrex ruled everything, being number #1 at all times is close to impossible in an open market like this one, and I have to disagree with the majority of you guys here.
In 2 years we'll be trading on REAL DEX's like Blocknet's DEX solution, or one of the many others out there.

You can only fool the majority of people for so long... At some point people will know the truth, and move on. Hopefully.  ;)

Binance DEX is the top decentralized exchange but it's not a most using DEX in the market. Whatever i have no experience these top 5 DEX because still i did not using all of the top DEX which you mention here. I think most using DEX is idex than etherdelta and forkdelta which are missed in the list.

I've used IDEX since 2018 when i sold my CEDEX token that i've got from bounty and the exchange is fast and the service is nice, i could connect our MEW account safely and still trusting the exchange until now.
After binance DEX born, there are many people move to them but the coin selection is still less than IDEX that's why i keep using IDEX till right now

IDEX is the best DEX for all ERC20 tokens but a DEX that covers most of the coins is still not there. Two years is a long time in crypto world so some new DEXes will rise to fullfil this market void.

This is really difficult to know, most likely the most popular answer is going to be the binance DEX but it is fair to question us if it is really a decentralized exchange when binance is the institution that is behind it, the truth is that most decentralized exchanges are lacking still many features that you can find in almost all centralized exchanges and that is why they are not so popular, so it is entirely possible that the most popular DEX during the next two years has not been created yet and it is still in the development stage.

2 years are a very long timespan for crypto. I remember 2015-2017 and now 2019. My point of view was completely different in all those periods.

But if I need to point one - it's Binance DEX, not Blocknet. Binance is a proven company. Blocknet has ~4 mil cap. If for some reason, they lose another 30%-50%-70%, Blocknet will lost all the motivation it has now to innovate and supports their DEX.

I think this thread is about dex?
Why then is Binance Dex constantly listed which is not a real DEX?

BisQ & AtomicDex are good Dex´s as an example

https://bisq.network/

https://atomicdex.io/

I have a feeling that no one would ever outshine etherdelta/forkdelta, even though lots of people blame these two dex.
It is simple - old dex, everyone at least heard or used it once, you can trade whatever you want there.

No Real Dex, because centralized matcher between buyer and seller

Etherdelta / Forkdelta - because he is the first and most popular DEX, I am sure that for the next two years no one can replace him

Binance Dex presently has no contenders since this decentralized trade was made by CZ himself and he runs the whole trade. Presently, numerous other decentralized trades utilize the stage ETH yet a large portion of these trades frequently have no exchanging volume, and that enormously influences liquidity. By and by just partaking in Binance Dex and absolutely, the fate of this trade will turn out to be more famous.

A DEX from which you can trade ALL assets. Right now you can either choose an ETH-based DEX, or a DEX such as Blocknet which has coins listed like: BTC, LTC, DASH, BLOCK. These coins CAN'T be traded on Uniswap, since Uniswap only has ETH-tokens.

Blocknet is integrating ethereum and it's tokens to their DEX very soon, while integrating the DEX into their Litewallet. This makes it easy to store and trade your coins/tokens from the same dApp.

I believe this will be one of the biggest REAL DEX's around in the future, BECAUSE node owners profit off of the trading fees. (5000 BLOCK required). Which will drive demand for BLOCK through the roof.  ;D

Is Uniswap not the biggest contender for Binance DEX now though? I mean, until there is a pure cross-chain DEX able to very easily let people trade non ERC20 tokens (which is the biggest dex marketplace) then no DEX will be suitable for use, even WAVES DEX which allowed this easily in the past still found it very difficult to get good volumes up!

IDEX forced all of users to did KYC and after the implementation of KYC and there's no a lot of people have been using idex again. I used idex last year and i never try to use it again right now.
Uniswap has come with a better features compared with idex. People can also earn passive income from uniswap too.
As long as the progress will always be running and the best dex will never be replaced by new dex

Binance is a great centralized exchange, and for the next 2 years it will continue to be a great centralized exchange, however their dex is worthless and useless and not loved by the community. It has been around for a while now and look at the volume they have for most pairs, whereas uniswap has been around for just a few months and look at their volume.

Many many many, new projects are working to get listed in uniswap instead of anywhere else, we are getting into a situation where people will not look for any other exchange for new coins, they will all be listed in uniswap for sure. All the CEX places in the world will be for typical old coins, like bitcoin and ethereum and 50+ more which is enough for them to be dominated, but I do not see how they could list new projects.

Impossible to tell right now, however I'm betting my money on Blocknet for the simple reason that I'll profit off the trading fees through my Blocknet node (5000 BLOCK required). On top of that, Blocknets Infura replacement for ETH, will probably yield even more profits. Don't aim to catch a pump this coming bullrun, but to profit passively, and hopefull quit my job for the long term.  :)

Etherdelta is dead and forkdelta has no daily trade volume. The creator of etherdelta was also seeking for the money to run the operational cost for forkdelta. The forkdelta can dead anytime.
There's no hope for forkdelta to comeback into the crypto industry again. There are so many new dexs right now. The chance is very very small.
I doubt what you are saying will come true.

It is really hard to say or suggest because this space can't be predicted up to 90%, before now many people used to regard IDEX as the best DEX wherein they also have good number of users, liquidity etc but after that KYC of a thing, many lost interest, the question is, who would have thought it will get to such level with IDEX. Therefore what I am trying to point out is, I can say this particular DEX or that will be huge in 2 years from now, and by next year one thing might lead to another and the DEX will start declining in all ramifications. Hence my own thoughts about the case is, use whatever DEX you want to achieve your aim at the meantime and whichever team that are ready and hardworking can continue being at the top.

Wrong. Blocknet covers a LOT of pairs, coins and soon tokens too. https://blockdx.com/

Not really familiar with blocknet here. Maybe because Uniswap is the popular one today along with Binance DEx. IDEX, I believe their time is almost over. Maybe even after a year from now, we will see which one of them will still be standing amidst all the trials that will come to crypto.

I think Stakenet DEX will change the way we trade these days.

A Lightwallet multi-currency wallet with DEX build into and run by +2700 Masternode who will profit from the DEX trading fees. So it is completely decentralized. No KYC.

Stakenet DEX using Lightning Network(For BTC) and Connext Network (For ETH and ERC20 tokens) to solve the scalability problems and make the Instant transactions possible (off-chain on 2nd layer) with the lowest fees.

This is a DEX but feels like a CEX!

And you think somebody who wants to trade BTC for ETh is downloading both blockchains on his computer for an atomicSwap ? lulz

All of these "dex's" in the list are not even proper dex actually, they are dex in the sense of blockchain world but they still have a team above it that could change everything whenever they want. Whereas uniswap is not like that, they have a governance token which means they give the power to people, you do not see it on binance dex or anything like that.

Give some rich man enough money potential and they will find a way to make dex a lot more cex than it could. So, I think at one point uniswap will move beyond everything else and will have billions traded there all the time, that at least would be something I can see and truly decentralized at the same time as well. Not really guaranteed thing but would make a lot more logical sense to me that way.

There are too many DEX now which will make a trader or investor wonder which is genuine and secure and which is not, even to the extent many of them are now trying to run one airdrop or the other all in a bid to get more traders, but the concern is, how long will they last? That's by the way, going to the business at hand, I would say Uniswap. The reason or reasons are, Uniswap took time to build its reputation, and this is what attracted a lot of new projects and today it has one of the biggest trading volume, and every traders knows what that means. Secondly, Uniswap is highly sort for now, how? Most times, we see in project groups people asking the team when listing on Binance or other top exchanges, that same scenario is now played out, that is, investors and community members now ask project team when listing on Uniswap. And lastly, Uniswap has a pretty decent interface thus making trading easy as well.

i dont know if what are the basis of a dex to call it secure or geniune unlike to cex that we can easily identify , maybe that is because almost all dex are the same . less strict , less reported scams and lesser noise because most users are foccusing on centralize exchanges . i know , i will just look if whose dex are popular and being talked about the most because that means other people already know what is like trading on them .

airdrops on exchange are one of the marketing ways to grow the exchange , if not for the airdrop happened on uniswap i wouldnt know them and i think many are also not going to discover them but i think it was effective because uniswap are still leading till today .

DEXs are still not very popular due to their very small market share. There are simply too few sellers and buyers. I think that with time, when the community learns more about security and understands what decentralized exchange is, it will change. In my opinion, bisq.network has the best chance of becoming the most popular DEX in future.

Time has proven that swap based dexes have really become dominant and they were an instant hit as they provide ease of use for the traders and investors alongwith additional profiting features in the form of yield and liquidity mining.

Based on data on Coinmarketcap, the top decentralized exchange site that is ranked number one is Uniswap. I agree with this data because of
all the DEXs that have sprung up today the one that is very active is Uniswap, and also the trading volume at Uniswap is also very high. So all
this time, if I want to use DEX, I always make Uniswap my first choice, but if in the long term I predict Binance DEX will be the most popular
and widely used. As we know, the best and most used CEX is Binance exchange, so I believe that in the future Binance DEX will be the best.

Leaning heavily towards Stakenet DEX.

it's still being dominated by the centralized exchange site. The dex is still popular but due to the congestion that happened with ethereum chain and there are bunch of complaints about that.
People must have paid two digits for the transaction fees while they will pay nothing when they were using the centralized exchange site.
Uni is still dominating the decentralized market.
https://coinmarketcap.com/rankings/exchanges/

Most replies are Binance dex but no one speaks about Uniswap it was launched 2018 and silently developing killing features and now its one of the most popular and most used Dex right now their liquidity earning features is really a great idea of a dex and even some CEX cant compare into Uniswap when it comes to liquidity but the only problem is the eth gas fee which is really a pain in the ass in the users of Uniswap.

That means Uniswap is the highest listed one, not the one that is going to be the best, it just means most used right now. I feel like in 2 years there could be a new one, but I think Uniswap has a good chance as well. Probably I would go with either Uniswap or maybe a new one instead, that is what I am thinking.

Uniswap made their listing that high by giving away a ton of money to people, they didn't even decided that price because they just said "it should worth this much" and people agreed, which happens very very rarely but apparently they did such a great marketing that price peaked over 8 dollars for a while. Which is why I think it is going to be awesome for Uniswap in the future no doubt, it will be either best one, or at the top levels for sure. However at the end of the day I still think just like how Uniswap suddenly became big, there could be something that comes along and beats everything.

Another case for Stakenet DEX

Now that it has been listed on Bitfinex, and Bitfinex supports LN BTC, you can send BTC to the DEX and privately swap into other LN-based coins and ETH/ERCs instantly after buying it  ;D

Sure they will be here as far as crypto exist which I will say forever but am sure some among them will be down along the way so watch it

It's a common thing dude and people know that. it looks like the uniswap will be still dominating the dex market. Sushi swap is the only reliable competitor for the uniswap. i have been watching it and it looks like there's a big gap between sushi and uni. Uni will be last forever just like binance the was dominating the crypto market.
it's very interesting to see the competition between all of those dex exchange sites.