Ren vs AirSwap vs Newdex
What problem does this service solve?
Republic Protocol aims to facilitate large cryptocurrency orders with minimal effects on their market price. | AirSwap allows Ethereum token holders to trade their assets directly between wallets. | Newdex hopes to allow users to trade a variety of cryptocurrencies, with faster transaction times. |
Token Stats
Not Relevant | Not Relevant |
Company Description
Ren, previously known as the Republic Protocol, is a decentralized dark pool exchange protocol; designed to support large volume trades, without effecting the prices of the assets being traded. The blockchain-based, dark pool protocol has built in privacy mechanisms and is provably fair. It uses secure multi-party computation (sMPC), and a network of Darknodes, to match orders without exposing their volume or price. Their private order book will also enable cross-chain trades of tokenized assets. The Singapore based company is also developing RenX, a decentralized dark pool exchange, built with the Republic Protocol. REN is the network's utility token. It provides security to the network, and is staked to enable the operation of a Darknode in the network. | AirSwap is a decentralized marketplace for trading Ethereum tokens. It is designed to enable wallet-to-wallet token trading through a browser on any website. AirSwap is a ConsenSys portfolio company. | Newdex is the first EOS based decentralized exchange. It's built on the EOS main chain and uses an off-chain matching mechanism to pair buyers and sellers. Newdex was hacked in September 2018, and lost around $58,000 worth of cryptocurrencies. Trading fees are 0.1%. |