Best Polygon Dexes

What is a Dex?

A decentralized exchange (DEX) is a peer-to-peer marketplace where users can trade cryptocurrencies without the need for a third party to facilitate the transfer and custody of funds. Polygon is a blockchain network that provides scalability for the Ethereum blockchain.

Dexes on Polygon Blockchain

• Quickswap: Quickswap is a Uniswap fork and Polygon network Automated Match Maker (AMM). Quickswap takes full advantage of Polygon's high speeds and low fees for DEX.

• Firebird Finance: Firebird Finance is a DeFi platform that is based on Polygon and the Binance Smart Chain (BSC). Its goal is to assist traders in maximizing their returns on the DeFi platform. It combines an exchange, a return aggregator, and a vaulting platform.

• Polycat Finance: Polycat Finance is a new decentralized exchange (DEX) on the Polygon blockchain. As a DEX, this performs a variety of functions. These include initial farming offers, a burning vault where you can sell and burn your own tokens, and the ability to stake your own FISH token.

References (Example)

[1] CryptoTicker, 'Top 5 Best DEX on Polygon in 2022' (online, 2022) <https://cryptoticker.io/en/top-5-best-dex-on-polygon-in-2022/>

[2] Chainlink, 'What Is a DEX (Decentralized Exchange)?' (online, 2022) <https://blog.chain.link/dex-decentralized-exchange/#:~:text=A%20decentralized%20exchange%20(DEX)%20is,transfer%20and%20custody%20of%20funds.>