Uniswap vs Synthetix Network vs Dexeos
What problem does this service solve?
Uniswap allows users to trade Ethereum tokens without a middleman. | Synthetix allows users to trade collateral based assets on the Ethereum blockchain. | Dexeos enables P2P trading of a variety of cryptocurrencies. |
Token Stats
Not Relevant |
Company Description
Uniswap is a decentralized exchange that facilitates automated transactions between Ethereum-based tokens. It is designed to be an open-source platform with an automated market maker (AMM) model. Instead of using an order book, token trades are facilitated directly between users through a liquidity pool and prices orders with an algorithm that relies on the equation x*y=k to create a price spectrum for token pairs available in the liquidity pools provided by other users. Uniswap tokens are used as a governance token and as an incentive for users to fund the liquidity pools. Since the platform is decentralized, all the trading fees collected are distributed among the liquidity providers; according to the share that they provide in the liquidity pools. | Synthetix, previously known as Havven, is developing a decentralized exchange that will allow users to trade a variety of collateralized stablecoins and commodities. The Synthetix network is built on Ethereum, and is powered by the SNX token, which works together with the Synth token to provide traders with opportunities to buy and sell assets on the Ethereum blockchain, through a distributed collateral pool. | Dexeos is a decentralized exchange for EOS-based tokens. Traders can execute P2P smart contract transactions, that are fully transparent, with their existing EOS accounts, without having to create a separate wallet within the exchange. Dexeos does not have any KYC requirements and does not store any personal information. |