The Many Different Flavors of DEXs.

[Greeenmtn]

Often I hear that the confusing part for people is the "EX" of "DEX". i.e., what constitutes an "exchange".  The "D" is not without its controversy as well...as in the degree of decentralisation to qualify for being a DEX. Mostly they are all non-custodial (they don't hold your funds).

There are a number of decentralized exchanges on Ethereum that have come on the scene in the past few years. With a variety of different models, they span the spectrum of on-chain matching, orders, and settlement versus off-chain matching and order management.

Below is a table that compares competing models.

Table taken from https://blog.leverj.io/comparing-leverjs-model-versus-other-decentralized-exchanges-a0621ec84e83

[mrdeposit]

The decentralized exchanges for altcoin trading are not useful. As if it was forced to work. does not want, but should do. LoL.
I heard about Ethershift lately, but I do not have any idea about. And I believe that Binance Dex will change all of this bad review.

[tippytoes]

So basically, you are promoting LeverJ here, right? Why not compare it with known DEX, put a name on it? So it is easy for the user to really check the differences.

[Greeenmtn]

So basically, you are promoting LeverJ here, right? Why not compare it with known DEX, put a name on it? So it is easy for the user to really check the differences.

I have avoided naming specific projects because their models are ever-evolving and some claim to have solutions in the works that are not addressed in their own whitepapers. And there are so many shades of gray that the table would be massive. That said, it is probably a good project to build out that table.

And yes, I am trying to get the word out.