DEX
1.42%
0.01%24h Change
7d Change
| 7d Chart | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
10 HYPE 10Hyperliquid | $92.24 | −0.11% | −0.98% | 13.59% | $23.17 B | $87.76 B | $617.78 M | |||
20 UNI 20Uniswap | $9.67 | −0.18% | 8.06% | 129.08% | $6.00 B | $8.58 B | $319.72 M | |||
43 PUMP 43Pump.fun | $0.004444 | 7.94% | 7.38% | −5.80% | $2.07 B | $3.70 B | $174.69 M | |||
44 ASTER 44Aster | $0.7326 | 0.78% | −4.88% | 5.90% | $1.98 B | $5.71 B | $84.45 M | |||
62 LIT 62Lighter | $4.79 | −0.64% | −7.65% | 49.86% | $1.20 B | $4.80 B | $72.61 M | |||
64 JUP 64Jupiter | $0.3472 | 6.04% | 22.76% | 60.64% | $1.15 B | $2.38 B | $82.68 M | |||
74 CAKE 74PancakeSwap | $2.77 | 0.26% | 14.55% | 63.15% | $883.64 M | $915.84 M | $84.59 M | |||
90 CRV 90Curve DAO | $0.3518 | 1.39% | 3.38% | 12.25% | $551.46 M | $851.73 M | $59.32 M | |||
91 RAY 91Raydium | $2.03 | −2.33% | 14.00% | 169.34% | $549.19 M | $1.13 B | $45.59 M | |||
97 PENDLE 97Pendle | $2.61 | 1.16% | −3.39% | 51.18% | $453.13 M | $734.79 M | $68.13 M | |||
128 FF 128Falcon Finance | $0.1329 | −0.76% | 4.30% | 37.86% | $310.99 M | $1.33 B | $3.92 M | |||
131 GNO 131Gnosis | $116.06 | 1.41% | −2.74% | −4.09% | $306.34 M | $348.17 M | $799,659.00 | |||
145 RUNE 145THORChain | $0.7445 | 16.51% | 37.01% | 54.26% | $244.69 M | $263.50 M | $463.23 M | |||
146 DRV 146Derive | $0.4202 | −3.63% | 9.40% | 157.36% | $244.09 M | $420.20 M | $10.39 M | |||
158 EDGE 158edgeX | $0.6115 | 11.06% | 2.66% | 68.95% | $214.03 M | $611.50 M | $2.05 M | |||
164 MET 164Meteora | $0.3653 | 6.99% | 35.71% | 74.96% | $203.42 M | $364.47 M | $22.04 M | |||
190 1INCH 1901INCH | $0.1034 | 1.14% | 3.70% | 16.70% | $146.20 M | $155.10 M | $9.75 M | |||
215 FLUID 215Fluid | $1.44 | 1.08% | 6.84% | 3.95% | $121.03 M | $144.60 M | $1.23 M | |||
216 DYDX 216dYdX | $0.1425 | 6.87% | 5.67% | 20.11% | $120.57 M | $136.56 M | $6.89 M | |||
222 GENIUS 222Genius | $0.3485 | 0.31% | 0.85% | 14.28% | $116.88 M | $332.46 M | $1.62 M | |||
232 ZRX 2320x Protocol | $0.1287 | 3.06% | 10.24% | 31.60% | $109.19 M | $128.70 M | $4.64 M | |||
244 ORCA 244Orca | $1.64 | 0.61% | 13.10% | 33.61% | $99.71 M | $123.00 M | $8.31 M | |||
259 SNX 259Synthetix | $0.2704 | 2.53% | 17.59% | 21.27% | $93.16 M | $157.21 M | $5.78 M | |||
269 COW 269CoW Protocol | $0.1541 | 3.72% | −1.15% | 30.98% | $88.79 M | $154.10 M | $2.86 M | |||
277 O 277o1.exchange | $0.5434 | 2.08% | −2.92% | 22.41% | $86.94 M | $543.40 M | $931,791.00 | |||
306 SUSHI 306SushiSwap | $0.2656 | 2.26% | 5.97% | 35.81% | $76.18 M | $77.43 M | $3.42 M | |||
424 AVNT 424Veranta (formerly Avantis) | $0.1334 | 11.50% | 21.28% | 32.03% | $47.24 M | $133.40 M | $22.27 M | |||
431 VVS 431VVS Finance | $0.00000107 | 0.00% | 7.74% | 9.68% | $46.60 M | $101.77 M | $48,774.00 | |||
451 MAGMA 451Magma Finance | $0.2314 | 0.52% | −3.03% | −7.11% | $43.97 M | $231.40 M | $361,296.68 | |||
507 RTX 507RateX | $0.6904 | −0.99% | −1.20% | −15.98% | $11.50 M | $69.04 M | $9,707.18 | |||
522 EROWAN 522Sifchain | $0.0000008 | −0.11% | 23.02% | −80.69% | $24,251.45 | $24,288.76 | $195.00 | |||
547 MNGO 547Mango | $0.03372 | 0.08% | 4.35% | 10.98% | $37.68 M | $37.68 M | $821.07 | |||
560 BNT 560Bancor Network | $0.3528 | 1.59% | 7.17% | 11.78% | $35.80 M | $35.80 M | $1.75 M | |||
566 MMT 566Momentum | $0.1732 | 1.94% | 6.25% | 10.78% | $35.35 M | $173.20 M | $1.72 M | |||
571 STON 571STON | $0.4954 | 0.71% | 5.10% | 5.14% | $34.91 M | $49.54 M | $7,139.98 | |||
576 VELO 576Velodrome Finance | $0.03772 | 13.01% | 32.13% | 74.89% | $34.52 M | $98.96 M | $10.23 M | |||
590 RHEA 590RHEA | $0.0833 | −2.77% | 241.62% | 569.19% | $34.10 M | $83.25 M | $2.17 M | |||
618 ARKM 618Arkham | $0.1408 | 5.48% | 24.41% | 29.17% | $31.69 M | $140.80 M | $5.16 M | |||
631 KNC 631Kyber Network Crystal | $0.1475 | 2.77% | 0.41% | 31.40% | $30.86 M | $35.55 M | $1.92 M | |||
635 OSMO 635Osmosis | $0.03815 | 1.54% | 8.74% | 9.76% | $30.13 M | $37.13 M | $2.20 M | |||
644 FRAX 644Frax (prev. FXS) | $0.3091 | 2.96% | 9.53% | 3.11% | $28.94 M | $30.81 M | $283,056.06 | |||
646 FLIP 646Chainflip | $0.3245 | 3.39% | −6.56% | −18.67% | $28.77 M | $28.77 M | $49,406.06 | |||
647 DIME 647Paradex | $0.04298 | −11.71% | 0.42% | 221.36% | $28.73 M | $42.98 M | $32,098.00 | |||
658 CETUS 658Cetus Protocol | $0.02914 | 3.99% | 24.40% | 24.61% | $28.13 M | $29.14 M | $6.03 M | |||
715 AEVO 715Aevo | $0.02707 | 4.88% | 9.81% | 20.48% | $25.25 M | $27.07 M | $1.91 M | |||
718 LON 718Tokenlon | $0.2005 | −0.91% | 1.16% | −1.26% | $24.76 M | $28.16 M | $871.84 | |||
731 GRVT 731GRVT | $0.2074 | −1.25% | 8.21% | 14.82% | $23.71 M | $207.40 M | $2.65 M | |||
737 OPAL 737Opal | $0.1176 | −0.55% | 7.73% | 1.89% | $23.52 M | $117.60 M | $2,808.09 | |||
837 MYX 837MYX Finance | $0.08057 | −0.78% | −3.25% | 11.77% | $18.95 M | $80.57 M | $9.03 M | |||
840 F 840SynFutures | $0.003865 | 1.56% | −5.69% | 22.64% | $18.85 M | $38.65 M | $3.85 M | |||
843 PEAR 843Pear Protocol | $0.03663 | −12.52% | 28.80% | 155.58% | $18.82 M | $31.22 M | $291,124.00 | |||
848 FUL 848Fulcrom | $0.001119 | 0.53% | 15.37% | −6.07% | $18.69 M | $22.38 M | $11,081.02 | |||
850 JOE 850JOE | $0.04085 | −4.22% | 21.86% | 33.22% | $18.68 M | $18.98 M | $3.48 M | |||
856 DODO 856DODO | $0.01838 | −0.76% | 0.89% | −8.72% | $18.38 M | $18.38 M | $2.78 M | |||
901 BASED 901Based | $0.07077 | 4.66% | 7.99% | −0.04% | $16.63 M | $70.77 M | $5.20 M | |||
904 AQUA 904Aquarius | $0.0003772 | 0.55% | 3.97% | 5.46% | $16.59 M | $37.71 M | $316,666.00 | |||
967 MAV 967Maverick Protocol | $0.01238 | 3.78% | 10.59% | 18.81% | $14.52 M | $24.76 M | $1.27 M | |||
977 CHEX 977Chintai | $0.01137 | 1.52% | 22.03% | 12.63% | $14.20 M | $14.20 M | $212,990.50 | |||
988 DOLO 988Dolomite | $0.03168 | 2.49% | 20.72% | 31.46% | $13.99 M | $31.63 M | $3.45 M | |||
996 SODA 996SODAX | $0.01279 | −8.70% | 29.27% | −16.82% | $13.81 M | $19.18 M | $12,147.03 | |||
1005 LRC 1005Loopring | $0.00997 | 3.63% | 8.75% | 22.70% | $13.64 M | $13.70 M | $1.59 M | |||
1009 H2O 1009H2O | $6.06 | 1.68% | 2.54% | −0.17% | $13.54 M | $13.54 M | $745,330.00 | |||
1045 EPS 1045Ellipsis [OLD] | $0.01712 | −0.09% | −0.08% | 9.78% | $12.39 M | $12.39 M | $106.50 | |||
1056 DRIFT 1056Drift Protocol | $0.01973 | 3.08% | 27.36% | 64.82% | $12.07 M | $19.73 M | $3.98 M | |||
1058 WET 1058HumidiFi | $0.07064 | 2.34% | 10.58% | 15.58% | $12.06 M | $70.64 M | $1.25 M | |||
1064 ROLL 1064RollX | $0.07749 | −6.47% | −18.48% | −40.45% | $12.01 M | $77.49 M | $127,652.83 | |||
1073 BUBI 1073Bullbit | $0.04186 | −3.61% | −13.66% | −12.96% | $11.87 M | $167.44 M | $6.15 M | |||
1075 INX 1075Infinex | $0.005936 | 1.44% | −1.23% | −14.32% | $11.84 M | $59.36 M | $328,478.28 | |||
1093 EKUBO 1093Ekubo | $1.15 | 6.28% | 107.74% | 139.77% | $11.50 M | $11.50 M | $26,551.00 | |||
1106 GNS 1106Gains Network | $0.4817 | −1.26% | 12.57% | −9.39% | $11.24 M | $11.24 M | $835,308.75 | |||
1117 THE 1117THENA | $0.08232 | −2.25% | 8.29% | 15.30% | $10.97 M | $23.43 M | $1.50 M | |||
1135 PROLOGUE 1135Prologue | $0.01059 | −19.61% | 12.20% | 342.73% | $10.59 M | $10.59 M | $1.49 M | |||
1150 THOR 1150THORSwap | $0.04086 | 14.93% | 11.37% | 13.00% | $10.35 M | $11.49 M | $1,673.01 | |||
1250 ANY 1250Anyswap | $0.6557 | −0.35% | 0.22% | 9.91% | $8.64 M | $65.57 M | $3.92 | |||
1254 QUICK 1254Quickswap [OLD] | $12.95 | −0.89% | 25.21% | 23.37% | $8.61 M | $11.58 M | $50,206.00 | |||
1259 BAL 1259Balancer | $0.1215 | 0.37% | 3.08% | 4.86% | $8.48 M | $8.79 M | $236,629.00 | |||
1274 MCB 1274MUX Protocol | $2.16 | −0.46% | −9.28% | −4.00% | $8.25 M | $10.37 M | $8.25 | |||
1276 CLO 1276Yei Finance | $0.06381 | 6.41% | −8.57% | −24.28% | $8.24 M | $63.81 M | $3.47 M | |||
1333 QUICK 1333Quickswap | $0.01141 | −8.50% | 20.20% | 26.95% | $7.54 M | $10.20 M | $2.68 M | |||
1340 PNG 1340Pangolin | $0.03139 | −29.99% | 15.60% | 35.46% | $7.47 M | $7.22 M | $1.82 M | |||
1403 BLUE 1403Bluefin | $0.01114 | 1.74% | 9.15% | 24.61% | $6.73 M | $11.14 M | $1.36 M | |||
1420 MIN 1420Minswap | $0.003813 | −0.61% | 7.47% | 12.47% | $6.55 M | $9.37 M | $114,655.66 | |||
1441 RION 1441Hyperion | $0.1543 | −0.25% | −4.12% | −13.86% | $6.20 M | $15.43 M | $59,899.52 | |||
1466 HFT 1466Hashflow | $0.006494 | 3.11% | 8.07% | 6.72% | $6.01 M | $6.48 M | $1.67 M | |||
1483 NEX 1483Nash | $0.1323 | −2.68% | 2.96% | 18.43% | $5.86 M | $6.62 M | $378.48 | |||
1569 HDN 1569Hydranet | $0.02725 | 3.72% | −23.53% | −15.95% | $5.12 M | $8.18 M | $41,943.00 | |||
1595 GDOT 1595GIGADOT | $1.37 | 5.43% | 9.68% | 54.05% | $4.88 M | $4.88 M | $685.34 | |||
1676 SDEX 1676SmarDex | $0.000431 | 0.24% | −0.91% | −9.93% | $4.23 M | $4.31 M | $4,309.42 | |||
1694 REX 1694Etherex | $0.0118 | 3.89% | 4.43% | 103.52% | $4.13 M | $11.80 M | $2,926.02 | |||
1717 STORM 1717Storm Trade | $0.004009 | 12.09% | 13.04% | −10.42% | $4.01 M | $4.01 M | $183,411.09 | |||
1734 RAM 1734Ramses | $0.04641 | 1.08% | −10.00% | −69.46% | $3.87 M | $11.27 M | $1.09 M | |||
1782 CET 1782CoinEx Token | $0.004997 | −0.02% | −0.02% | −58.71% | $3.54 M | $13.88 M | $10,518.30 | |||
1827 DHT 1827dHEDGE DAO | $0.06101 | −1.12% | 27.07% | 55.10% | $3.32 M | $6.10 M | $468.95 | |||
1841 LAYER 1841UniLayer | $0.0816 | 5.70% | 11.48% | 21.74% | $3.26 M | $3.26 M | $19,178.41 | |||
1843 XSUSHI 1843xSUSHI | $0.4178 | 2.54% | 5.70% | 34.66% | $3.26 M | $25.51 M | $3,341.63 | |||
1847 PTS 1847Piteas | $0.04612 | 4.68% | −2.19% | −10.53% | $3.23 M | $4.61 M | $315.62 | |||
1848 DRG 1848DragonSwap | $0.01313 | 3.37% | 30.98% | 60.46% | $3.23 M | $13.13 M | $26,093.72 | |||
1854 ODOS 1854ODOS | $0.0008501 | 0.25% | 1.83% | 6.52% | $3.20 M | $8.50 M | $228,085.00 | |||
1871 PERP 1871Perpetual Protocol | $0.02346 | 8.21% | 12.91% | 8.56% | $3.10 M | $3.52 M | $108,715.02 | |||
1899 ALEX 1899ALEX Lab | $0.00488 | 4.11% | 13.34% | 58.64% | $2.96 M | $2.96 M | $74,805.68 |
- 1
Showing 1 — 100 out of 352
Frequently Asked Questions
What is a DEX in crypto?
A decentralized exchange (DEX) is a peer-to-peer marketplace where traders swap crypto assets directly through smart contracts, without a custodian holding funds. DEX tokens are the governance and utility tokens of these protocols, used for fee discounts, liquidity rewards, and protocol voting. Non-custodial settlement removes the counterparty risk centralized exchanges carry. DropsTab tracks more than 360 DEX projects with a combined market cap above $20B, sortable by market cap, volume, and fully diluted valuation.
How does a decentralized exchange work?
A decentralized exchange settles trades on-chain through smart contracts using one of three models. Automated market makers (AMMs) like Uniswap and PancakeSwap price swaps from liquidity pools funded by users. Order-book DEXs match bids and asks directly — the model behind perpetual venues like Hyperliquid. Aggregators like 1inch and CoW Protocol route orders across multiple pools for better pricing. All three models keep funds in user wallets until execution, preserving self-custody.
What is the difference between a DEX and a CEX?
A DEX is non-custodial and runs entirely on smart contracts, while a centralized exchange (CEX) holds user funds and matches orders on private servers. DEX trading requires no account or identity verification; a CEX requires KYC and can freeze accounts. Centralized exchanges still handle the majority of spot volume — the DEX-to-CEX spot ratio sat near 0.18 in 2025. DEX advantages of self-custody and permissionless access come with higher technical complexity and gas costs.
Which DEX tokens lead the sector by market cap?
DropsTab ranks Hyperliquid (HYPE) as the largest DEX token by market cap, followed by Aster (ASTER) and Uniswap (UNI). Hyperliquid and Aster are perpetual-futures DEXs; Uniswap is the original spot AMM. Solana-based Jupiter (JUP) and Pump.fun (PUMP), plus PancakeSwap (CAKE) and Curve (CRV), round out the leaders. Market cap leadership shifts with price, so the live DropsTab DEX ranking reflects the current order across more than 360 tracked projects.
What is a decentralized perpetual exchange?
A decentralized perpetual exchange (perp DEX) lets traders take leveraged long or short positions on crypto with no expiry date, settled on-chain without a custodian. Perp DEXs now generate the highest trading volumes in the DEX category. Hyperliquid is the largest perp DEX by trading volume, running its own L1 blockchain with a fully on-chain order book. Concentration is a structural risk: one venue handling roughly a third of perp DEX volume means category activity depends heavily on that protocol's uptime.
Are decentralized exchanges safe?
Decentralized exchanges remove custodial risk — funds stay in user wallets, not on an exchange that can be hacked or freeze withdrawals. Smart-contract risk replaces it: a bug or exploit in protocol code can drain funds permanently. DEX exploits cost users hundreds of millions in 2025, including the Cetus hack of over $220M in May 2025. Safety depends on audited contracts and protocol maturity, not on the DEX model alone.
Do decentralized exchanges require KYC?
Most decentralized exchanges require no KYC — trading needs only a connected self-custody wallet, with no account, identity check, or regional gate. Permissionless access is a core DEX feature, but the same absence of identity verification draws growing regulatory scrutiny. Some jurisdictions are moving to extend exchange rules to decentralized front-ends. Traders keep privacy and control while accepting that no intermediary can reverse a mistaken or malicious transaction.
What gives DEX tokens their value?
DEX tokens derive value from protocol usage rather than from the trades themselves. Governance rights let holders vote on fee tiers, treasury spending, and upgrades. Fee-sharing and buyback mechanisms route protocol revenue to token holders — Hyperliquid and several peers use trading fees to buy back and remove tokens from supply. Liquidity incentives reward holders who supply capital to pools. DEX token value tracks trading volume and revenue, which DropsTab displays alongside Vesting and Fundraising data per project.