Uniswap and PancakeSwap are among the oldest and most used decentralized exchanges in crypto. Tradecurve is a new player that is yet to establish a broad customer base, as they are currently in presale, but offers functionality way beyond Uniswap and PancakeSwap.
Crypto’s first and biggest DEX – Uniswap
Uniswap was the first dex to be launched on the Ethereum blockchain, allowing crypto users to easily buy, trade and exchange cryptocurrencies. Uniswap v3 is the largest DEX in terms of Unique Active Wallets (UAW) and Volume. According to Dappradar, Uniswap’s UAW are up by 25% over the last month and transactions have increased by 92%. Although starting on Ethereum, Uniswap is now available on Polygon, Optimism, Celo, Arbitrum and BNB chain, and will shortly be expanding to Polkadot’s parachain Moonbeam.
CoinMarketCap shows that Uniswap V3 on Ethereum alone has over 21% of the entire DEX market share. UNI, the native token of Uniswap is up by 6% over the last year though is down by 15% over the last month, most likely due to the receding hype over PEPE coin.
BNB chain’s most beloved DEX – PancakeSwap
PancakeSwap was the first dex to be launched on the BNB chain, and is often the first place that people look when they want to buy a new coin, as this DEX tends to have one of the biggest choices, even if the fees aren’t as cheap as say, Firebird Finance. Many people feel loyalty to PancakeSwap, its unique rabbit logo and token CAKE.
Dappradar shows us that PancakeSwap v3 is the second largest DEX after Uniswap and has seen an 81% increase in UAW, a 122% increase in volume, and 152% increase in transactions over the last month, indicating that more and more crypto users are turning to DeFi for trading.
All that hasn’t translated into growth for CAKE though, which is down by over 50% in the last month. To combat this, PancakeSwap’s DAO have voted for an ‘aggressive reduction’ of CAKE token inflation over the coming months.
DeFi’s most innovative trading platform – Tradecurve
While PancakeSwap and Uniswap allow you to trade and stake crypto, they do not allow you to trade things like forex, shares, bonds, ETFs and other exciting financial products, nor do they have the ability to provide leverage for greater returns.
Tradecurve on the other hand aims to bridge the world of centralized and decentralized exchanges, by being on chain and therefore avoiding regulatory issues, KYC and privacy concerns, and at the same time offering the kind of financial instruments you would expect to see on a TradFi brokerage account. Therefore Tradecurve doesn’t seek to challenge PancakeSwap or Uniswap, but rather add something new into the world of DeFi.
Tradecurve’s token TCRV will allow people to stake their coins to generate income, provide liquidity to the platform and will also bring benefits such as reduced trading fees and discounts on subscriptions for AI trading bots. Unlike CAKE, which is inflationary, TCRV has a limited supply making it deflationary.
As well as offering transparency by being built on chain, Tradecurve also plans to launch Proof of Reserves and sees itself as a challenger to CEXes like Robinhood and eToro.
TCRV is in the second phase of presale, available at $0.012, before increasing to $0.015.
Given that Binance’s ICO launched in 2017 for just $0.11, and BNB coin now trades at around $311, the room for Tradecurve’s growth is immense, and the token is forecasted to rise by 50x in the presale with the potential for another 100x after the coin gets listed on Uniswap and other major exchanges.
For more information about TCRV presale tokens:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
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Source: https://coinpedia.org/press-release/best-defi-cryptocurrencies-2023-uniswap-pancakeswap-tradcecurve/