Best Ethereum Dexes

What is Dex?

A decentralized exchange (DEX) is a peer-to-peer (P2P) marketplace that connects buyers and sellers of the cryptocurrency. 
Ethereum is a decentralized blockchain platform that creates a peer-to-peer network for securely executing and verifying application code known as smart contracts.

Best Dexes on Ethereum 

• Uniswap: The Uniswap protocol is a peer-to-peer system for exchanging Ethereum blockchain cryptocurrencies (ERC-20 Tokens). The protocol is implemented as a set of persistent, non-upgradable smart contracts, with the goal of prioritizing censorship resistance, security, and self-custody and operating without the use of any trusted intermediaries who may selectively restrict access.

• SushiSwap:  Sushi is a community-driven organization founded to address the "liquidity problem." This issue could be defined as the inability of various forms of liquidity to connect with markets in a decentralized manner, and vice versa.

• Curve: Curve is DeFi's most popular AMM (Automated Market Maker). Hundreds of liquidity pools have been launched and incentivized by Curve's DAO through Curve's factory. Curve's proprietary formulas are relied on by users to provide high liquidity, low slippage, and low fee transactions among ERC-20 tokens.

References

[1] Uniswap, 'What is Uniswap Docs' (online, 2022)<https://docs.uniswap.org/protocol/introduction>

[2] AWS 'What is Ethereum' (online, 2022)<https://aws.amazon.com/blockchain/what-is-ethereum/>

[3] Sushiswap, 'What is Sushi' (online, 2022)<https://dev.sushi.com/docs/intro>

[4] Curve, 'Welcome to Curve Finance' (online, 2022)<https://resources.curve.fi/>