0x vs Totle vs Balancer
What problem does this service solve?
0x is designed to serve as a decentralized exchange for the Ethereum blockchain. The protocol uses Ethereum smart contacts that allow users to participate in a decentralized exchange, while adopting certain features of centralized exchanges. | Totle provides a decentralized trading platform that maximizes liquidity across multiple decentralized exchanges. | Balancer is designed to maximize liquidity within a decentralized exchange. |
Token Stats
Not Relevant |
Company Description
0x is a decentralized exchange built on the Ethereum blockchain that allows for ERC20 tokens to be traded. 0x hopes to serve as a building block for creating decentralized exchanges. | Totle is a decentralized cryptocurrency exchange. Totle provides a platform that aggregates trades from other decentralized exchanges and makes it easier to access liquidity pools for a variety of DeFi assets at the best possible price. | The Balancer cryptocurrency is the reward token that fuels the Balancer market maker protocol. The Balancer protocol serves as a liquidity provider and a non-custodial portfolio manager. Unlike other automatic market maker protocols, such as Uniswap, Balancer is designed to provide a general solution that can be customized for a variety of trading pools with different distributions. It uses smart order routing to send trades to trading pools with the best rates available, and rewards traders by paying them a fee for increasing the liquidity of these pools. |