0x vs Totle vs SushiSwap
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. | SushiSwap is an automated market maker based exchange that provides users with a larger governance role. |
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. | SushiSwap is a decentralized exchange protocol that emerged as a fork of UniSwap. The main difference being the SUSHI token which acts as a governance token and entitles holders to a percentage of the trading fees charged on the network. Both UniSwap and SushiSwap, use an automated market making (AMM) model, where liquidity providers add funds to liquidity pools. Unlike centralized, order book exchanges, token pairs are priced according to an equation in which multiplying the prices of the 2 tokens will always equal a constant. |