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Decentralised Exchanges (DEXs)#

Until 2020 DeFi Summer, Value Locked in DeFi (TVL) was too low to use the platforms effectively. After an increasing interest and new token issuance every day, Decentralized Exchanges (DEX) came into the sunlight.

Their benefits are for people who don’t want to give up the custody of their funds. DEXes democratized the exchange experience for both blockchain developers and crypto investors. 

Decentralised Exchanges on Ergo

Spectrum Finance (Live)

Spectrum Finance is a pioneering open-source, cross-chain decentralized exchange (DEX) platform, currently offering liquidity provision (LP), yield farming, and babel fees on the Cardano (ADA) and Ergo (ERG) networks.

GuapSwap (V2 in Development)

GuapSwap is a fully decentralized smart contract profit swapping service on the Ergo Blockchain.

Palmyra ComDEX (MVP Live)

Palmyra ComDEX the flagship product of zenGate, is an innovative ecosystem that enables the tokenization and listing of certified commodities for spot and futures trading on a global scale.

Machina Finance (In Development)

The primary objective of Machina Finance is to promote decentralization and facilitate P2P trade by leveraging the power of grid contracts.