DEX from 2020 are you still using till now?

[Thenticity]

I know I used pancake swap a lot in 2022. But since then, I’ve been experimenting and using different DEXs I can’t keep count on.

How about you guys?

[joniboini]

I still use Pancake regularly if I need to trade on the BNB smart chain. Other than that I think I dropped most dexes that I used to use. Heck, the day I visited Forkdelta feels way too far now. I think this shows that the competition is fierce, even though it's good for retail users in general. I think it will be worse if we still see old-school DEX like Forkdelta being recommended today.

I don't recommend using many DEXes unless you revoke their permissions regularly though. There's a chance scammers launch a fake DEX to trick users too.

[target]

When UNI airdropped some of their tokens, they definitely made more users come to them than the PANCAKE however because it's Binance, PANCAKE suddenly just made itself popular overnight.

Like the rest of us, I also tried using PANCAKE for sometime but the spark died after that 2021 bullrun. Good to see a few of us still uses DEX.

[Thenticity]

Heck, the day I visited Forkdelta feels way too far now. I think this shows that the competition is fierce, even though it's good for retail users in general. I think it will be worse if we still see old-school DEX like Forkdelta being recommended today.

Could it be a UI problem? Liquidity pool? If it were fixed would you go back?

[libert19]

I was regular on uniswap for a while because it was simply too fluent compared to previous dexes like forkdelta/etherdelta, but now with the rise of dex aggregators I use those instead.

..Good to see a few of us still uses DEX.

Dexes are making billions of volume, so I think it's fair to conclude that there are more than 'few' dex users.

[joniboini]

Could it be a UI problem? Liquidity pool? If it were fixed would you go back?

Liquidity is the biggest issue. I can live with a terrible UI but a lack of volume would discourage users from using the platform. After all, you can't get your money if you can't trade your tokens. Because the market is so competitive I don't think it would be enough to make me use Forkdelta or something similar again. They'd need to provide something more, like cheaper fees, faster smart contract calls, etc.

[libert19]

Could it be a UI problem? Liquidity pool? If it were fixed would you go back?

Liquidity is the biggest issue. I can live with a terrible UI but a lack of volume would discourage users from using the platform. After all, you can't get your money if you can't trade your tokens. Because the market is so competitive I don't think it would be enough to make me use Forkdelta or something similar again. They'd need to provide something more, like cheaper fees, faster smart contract calls, etc.

I never found liquidity a problem, any new decent coin launch instantly gets couple hundred thousand dollar worth liquidity. Regarding UI — use different dexes, use aggregators; there are plenty.

Forkdelta went out of league moment Uniswap was launched, it's no longer a viable option.

[_act_]

When i see that an exchange is truly decentralized, then i maintain it use, i don't have to worry myself on looking after more other exchange which i may not get the reliable information needed about them, i make use of a number of them in the past before deciding on just few once i see to have the desiring qualities needed by me, one of the ones so common is the pancake swap which most of us would have tasted using before.

[Celsius]

I know I used pancake swap a lot in 2022. But since then, I’ve been experimenting and using different DEXs I can’t keep count on.

How about you guys?

PCS ,So far I am using especially bep20 tokens which can be easily swapped through this decentralized exchange. Apart from this I have been using Uniswap Decentralization Exchange and it is the most popular Decentralization Exchange to swap ERC20 tokens.

[libert19]

Uniswap and 1inch. I have been using both of these since 2020, I am sure about this cause both UNI and 1inch airdrop happened back in 2020 and I was eligible for both of them for trading there.

[MrSpasybo]

Uniswap and 1inch. I have been using both of these since 2020, I am sure about this cause both UNI and 1inch airdrop happened back in 2020 and I was eligible for both of them for trading there.

I use UniSwap, but I don't think I've ever used 1inch even though it's quite famous in the market. If a new DEX doesn't have any special features compared to UniSwap, I won't have a need to use them. In the BNB chain ecosystem, I'm still only using PancakeSwap, in the Polygon ecosystem, I only use QuickSwap, and in EOS, I only use DefiBox.

DeFi is developing, but honestly, I'm not deeply involved like providing liquidity or exploring more utilities from DEXs. I prefer investing on CEXs, and DEXs are where I quickly swap tokens conveniently in a few special cases.

[libert19]

Uniswap and 1inch. I have been using both of these since 2020, I am sure about this cause both UNI and 1inch airdrop happened back in 2020 and I was eligible for both of them for trading there.

DeFi is developing, but honestly, I'm not deeply involved like providing liquidity or exploring more utilities from DEXs. I prefer investing on CEXs, and DEXs are where I quickly swap tokens conveniently in a few special cases.

Lately, almost all cexes require kyc, so I prefer dexes. You have to pay fee for each transaction, so that's a con with dexes especially on chains like Ethereum where gas costs can be really high, and that's where cexes triumph.

[Findingnemo]

I didn't need them because it didn't suit for my needs and is that possible for anyone to be a successful trader via DEX? That's debatable.

DEX fee can be very high compared to Binance or any other centralized exchange because the main purpose of their existence is not censoring so it's good for investors who don't want their identity to be reported back to their government but as an actual trader it's not possible to thrive by paying a chunk for every trade.