DEXCEX
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DefySwap

CEX

Launched: 2021-12-09

Volume 24h
Volume 7d
Volume 30d
Vol. Change 24h
Trading Pairs
Coins Listed
Monthly Visits
184
Weekly Visits
43
Best Referral Code
N/A
Liquidity (24h)
N/A
Traffic Score
N/A
Maker / Taker Fee
N/A

DefySwap Trading Volume History

Daily 24h volume snapshots collected by DEXCEX

No historical volume snapshots available yet.

Trade on DefySwap

Visit DefySwap to explore available markets and trading pairs.

Tags

Decentralized Exchange (DEX) TokenAMMDEXAMM exchange

About DefySwap

What Makes DefySwap ($DFY) Different? They describe themselves as being "The most advanced trading platform on Fantom Opera Chain". Defy believes in decentralizing finance.

They also believe they have spotted the disadvantages of most decentralized exchanges and decided to launch DEFYSWAP, a model where the issues identified are being taken care of while maintaining all of the usual features you've come to expect from any DEX (Automated Market Making AMM, Swapping/Trading, Liquidity Pools, Yield Farming & Pools).

These are some of the features that have been integrated to insure a complex and fair user experience with a focus on future viability and user utility: *Fixed Supply (10,000,000 tokens ) *Limit Orders *Impermanent Loss Protection (ILP Details) *Futuristic UI -- Chart, trading tools, order book, recent trades, open/executed/cancelled tab *NFT Layer *DefyCredit - A new concept lending platform *Taxed token Haven: according to them, their code is designed to differentiate between a trade transaction and a creation/disassembling of LP.

Therefore, no tax applies on LP related transactions while regular taxes work on trades, so therefore liquidity providers won't lose money when entering and exiting a farm of a taxed token on Defyswap.

Through constant assessment and re-assessment they feel they have designed an entire user experience that will allow you to take your crypto trading skillset to the next level and ensure that you can always be making the most well informed decisions as the tools are readily at hand.

Defy team being ground level and developing everything custom all the way up, oriented towards receiving community feedback to allow for quick additions / customization of DefySwap features to further advance the capabilities of the DEX as a whole. Tokenomics The tokenomics of DefySwap provide a NO TAX experience across the board when it comes down to platform fees, farm entry and exit etc.

Striving to obtain a fair and balanced DEX.

According to them, they have also devised a method in which the $DFY token will mint out over the course of a 2 year time frame and through a 4.99% (to be able to use 5% slippage) tax in which a vast majority of it goes to a burn vault that will accumulate a VERY large amount of $DFY over the course of the 2 year minting process and allow for an automated contractual reset of the minting process using the burn vault on the last token mint transaction.

Thus the max supply never exceeding 10 Million tokens.

DefySwap in the CEX Ranking on dexcex.io

DefySwap is tracked in the CEX Ranking on dexcex.io alongside every other major centralized exchange. Its position in the CEX Ranking is updated regularly based on 24h trading volume, exchange score, liquidity and web traffic.

Compare DefySwap's 24h volume and fees against other top venues in the CEX Ranking on dexcex.io, then check how its listed assets perform inside the crypto rankings to spot which markets are driving its volume.

dexcex.io combines the DEX Ranking, the CEX Ranking and full crypto rankings in one portal, so you can move from this DefySwap profile straight into the broader market context without leaving the site.

Frequently Asked Questions about DefySwap

What is DefySwap and is it a DEX or CEX?
DefySwap is a centralized exchange (CEX), launched on 2021-12-09. As a CEX, it acts as an intermediary matching buyers and sellers with order books and custodial wallets.
How does DefySwap work?
DefySwap operates as a centralized exchange where users create an account, deposit funds (crypto or fiat), and place buy or sell orders through the platform's order book. The exchange matches orders between buyers and sellers and holds user funds in custodial wallets. The platform offers multiple trading pairs.
How does DefySwap differ from other centralized exchanges?
DefySwap stands out among CEXs with its trading activity. Key differentiating factors for CEXs include fee structure, number of supported assets, trading products (spot, futures, margin), regulatory status, and security measures.
What is DefySwap's 24h trading volume?
DefySwap currently has a 24-hour trading volume of —. The 7-day volume is — and the 30-day volume is —. CEX volume is a key indicator of exchange liquidity and activity.
How many trading pairs does DefySwap support?
DefySwap currently supports multiple trading pairs. More trading pairs generally means more options for traders to diversify their crypto portfolio.
What are DefySwap's trading fees?
Detailed fee information for DefySwap may vary by trading pair and user tier. Check the exchange's official fee schedule for the most up-to-date rates.
Where does DefySwap rank among CEX exchanges?
DefySwap is ranked #— in the CEX ranking on DEXCEX based on trading volume, liquidity score, web traffic and other key metrics.
What is the difference between a DEX and a CEX?
A DEX (decentralized exchange) lets users trade crypto directly from their wallets via smart contracts — there is no central authority holding funds. A CEX (centralized exchange) acts as a middleman, holding user deposits and matching orders through a centralized order book. DEXs offer self-custody and transparency, while CEXs typically provide faster execution, fiat on-ramps, and more advanced trading products. DefySwap is a CEX, providing a managed trading environment with additional features.
How much web traffic does DefySwap receive?
DefySwap receives approximately 184 monthly visits (43 weekly). Web traffic is an important metric for evaluating exchange popularity and user adoption in CEX rankings.
What is DefySwap's liquidity score?
The liquidity score for DefySwap is currently not available. Liquidity is a critical factor for trade execution quality and is factored into CEX rankings on DEXCEX.
Is DefySwap safe to use for crypto trading?
DefySwap is listed on DEXCEX. As a centralized exchange, security depends on the platform's infrastructure, insurance funds, and regulatory compliance. Always enable two-factor authentication and withdraw large holdings to personal wallets. DEXCEX provides data and rankings but does not endorse any specific exchange.