## Convex Finance (CVX) คืออะไร

[Convex Finance](https://coinmarketcap.com/th/currencies/convex-finance/) เป็นโปรโตคอล [DeFi](https://coinmarketcap.com/alexandria/glossary/defi) ที่อนุญาตให้ [Curve](https://coinmarketcap.com/th/currencies/curve-dao-token/) [liquidity providers](https://coinmarketcap.com/alexandria/glossary/liquidity-provider-tokens-lp-tokens) ได้รับส่วนแบ่งค่าธรรมเนียมสำหรับการซื้อขายบน Curve โดยไม่ต้อง [ทำการเดิมพัน](https://coinmarketcap.com/alexandria/glossary/staking) สภาพคล่องที่นั่น แต่ LPs สามารถวางเดิมพันได้บน Convex และรับรางวัลเป็น CRV และสภาพคล่องที่เพิ่มขึ้นแทน สิ่งนี้ทำให้นักเดิมพัน CRV ใช้เงินทุนได้อย่างมีประสิทธิภาพมากขึ้น และสามารถวางตำแหน่ง Convex Finance เป็นผู้เล่นสำคัญใน [สงคราม Curve](https://coinmarketcap.com/alexandria/article/curve-wars-and-the-emergency-dao) ได้ด้วย

Convex ได้เข้าสู่การแข่งขันโดยมีวัตถุประสงค์เพื่อควบคุมการแลกเปลี่ยน [Stablecoin](https://coinmarketcap.com/alexandria/glossary/stablecoin) ของ Curve Finance ให้ได้มากที่สุด ยิ่งโปรโตคอลมีโทเค็น CRV มากเท่าใด ก็ยิ่งมีอิทธิพลต่ออัตราดอกเบี้ยบน [Curve](https://coinmarketcap.com/alexandria/article/get-ready-for-a-curveball-a-deep-dive-into-curve-by-flipside-crypto) ซึ่งเป็น [DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex) ที่ใหญ่ที่สุดในโลกเนื่องด้วย [TVL](https://coinmarketcap.com/alexandria/glossary/total-value-locked-tvl) ดังนั้น "Curve wars" จึงเป็นการแข่งขันอย่างต่อเนื่องเพื่อให้มันมีอิทธิพลเหนือโปรโตคอลที่สำคัญที่สุดใน [DeFi](https://coinmarketcap.com/alexandria/glossary/defi)

### ใครคือผู้ก่อตั้ง Convex Finance

Convex Finance สร้างขึ้นโดยทีมนักพัฒนาที่ไม่ระบุตัวตน อย่างไรก็ตาม Convex Finance ถือว่าเป็นหนึ่งใน [โปรโตคอล](https://coinmarketcap.com/alexandria/glossary/shitcoin)ที่สำคัญและมีอิทธิพลอย่างมากในระบบการเงินแบบกระจายศูนย์ ดังนั้นจึงมันจึงถือเป็นการลงทุนที่มีความเสี่ยงต่ำ

### อะไรที่ทำให้ Convex Finance ไม่เหมือนใคร

Convex Finance มีบทบาทสำคัญในสงครามของ Curve ด้วยโครงสร้างแรงจูงใจที่ไม่เหมือนใคร กรณีการใช้งานเพียงอย่างเดียวของมันคือการสะสม TVL ให้ได้มากที่สุดเพื่อให้บรรลุเป้าหมายของโปรโตคอลในการควบคุมสัดส่วนการถือหุ้นใหญ่ของ Curve Finance ให้ได้มากที่สุด กล่าวอีกนัยหนึ่ง Convex Finance กำหนดเป้าหมายเฉพาะสำหรับผู้ถือ CRV และผู้ให้บริการสภาพคล่องของ Curve และทำได้โดยอาศัยวิธีการสองแบบ:

1. ผู้ถือ CRV จะได้รับ [cvxCRV](https://coinmarketcap.com/th/currencies/convex-crv/) สำหรับการเดิมพัน CRV
2. Curve LP จะได้รับรางวัลเพิ่มขึ้นจากการเดิมพันโทเค็น LP ด้วย Convex

Curve Finance ออกเหรียญ veCRV (CRV ที่ได้รับการโหวต) สำหรับ CRV ที่ถูกเดิมพันซึ่งผู้ให้บริการสภาพคล่องได้รับมันเป็นรางวัล กล่าวโดยย่อ veCRV เป็นโทเค็น CRV ที่ล็อกไว้ด้วยเวลาเพื่อพลังในการโหวตและรางวัลที่เพิ่มขึ้น ซึ่งเป็นทั้งฟังก์ชันของช่วงการล็อกของ CRV ต้นแบบ คุณสามารถอ่านเนื้อหาเพิ่มเติมเกี่ยวกับ veCRV [ได้ที่นี่](https://coinmarketcap.com/alexandria/article/what-is-solidly-exchange-features-tokenomics-and-price-prediction) รางวัล CRV สามารถมีมูลค่าสูงถึง 2.5 เท่าของรางวัลเริ่มต้น แต่ยิ่งมีสภาพคล่องสูงเท่าใด การรับรางวัลในระดับสูงสุดก็ยิ่งยากขึ้นเท่านั้น

พูดอีกอย่างก็คือ แทบจะเป็นไปไม่ได้เลยที่ฝ่ายใดฝ่ายหนึ่งจะเดิมพันสภาพคล่องให้มากพอที่จะได้รับการส่งเสริมที่สูงสุด ซึ่งเป็นที่มาของ Convex Finance นั่นเอง Convex ทำหน้าที่เป็นกลุ่มพันธมิตรที่รวบรวมทรัพย์สินของผู้เดิมพันแต่ละรายและมันก็จะได้รับประโยชน์จากสภาพคล่องโดยรวมของพวกเขา แม้แต่นักลงทุนระดับล่างก็สามารถวางเดิมพัน Curve Finance LPs ของพวกเขาได้ด้วย Convex และรับรางวัลในจำนวนที่มากขึ้นซึ่งพวกเขาไม่สามารถทำด้วนตัวเองได้ พวกเขาจะได้รับ:

* ดอกเบี้ยจากสภาพคล่องที่พวกเขาให้บริการ
* ส่วนแบ่งของค่าธรรมเนียมการซื้อขายของ Curve
* รางวัลที่เพิ่มขึ้นจาก Convex
* โทเค็น CVX

นอกจากนี้ คุณยังสามารถเดิมพันโทเค็น CRV ของคุณและรับ cvxCRV ได้ด้วย:

* รางวัล veCRV
* ค่าธรรมเนียมการซื้อขายของ Convex
* โทเค็น CVX
* Airdrops ที่จะไปยังผู้ถือโทเค็น veCRV

#### หน้าที่เกี่ยวข้อง:

ลองดู [Solidly Exchange (SOLID)](https://coinmarketcap.com/th/currencies/solidly/) — ตัวกลางการแลกเปลี่ยน Stablecoin แบบ B2B

ลองดู [Redacted Cartel (BTRFLY)](https://coinmarketcap.com/th/currencies/butterflydao/) — DAO ที่เสนอรางวัลสำหรับโทเค็น CRV LP

อ่าน [คำแนะนำของเราเกี่ยวกับการบริจาคคริปโต](https://coinmarketcap.com/alexandria/article/crypto-donation-vs-fiat-currency-donation-which-one-is-better)

รับข่าวสารล่าสุดเกี่ยวกับคริปโตและข้อมูลเชิงลึกด้านการซื้อขายล่าสุดด้วย [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog)

### มีเหรียญ Convex Finance (CVX) หมุนเวียนอยู่กี่เหรียญ

CVX มี[อุปทานรวม](https://coinmarketcap.com/alexandria/glossary/total-supply)อยู่ที่ 100 ล้านโทเค็น โดยมีการกระจายตัวดังต่อไปนี้:

* 50% จะเป็นส่วนของรางวัลของ Curve LP ที่ให้ *ตามสัดส่วนรางวัลของ CRV ที่ได้รับบน Convex* 
* การขุดสภาพคล่องอีก 25% โดยจะทำการ *แจกจ่ายเป็นเวลาสี่ปี (โปรแกรมจูงใจ ปัจจุบันคือ CVX/ETH และ cvxCRV/CRV)* 
* ขุมทรัพย์ 9.7% ตามเกณฑ์ *การจัดเก็บหนึ่งปี โดยใช้สำหรับสร้างสิ่งจูงใจในอนาคตหรือกิจกรรมอื่นๆ ที่ขับเคลื่อนโดยชุมชน* 
* ผู้ถือครอง veCRV จำนวน 1% *ที่เคลมแอร์ดรอปในทันที* 
* ผู้ถือ veCRV 1% ที่โหวตให้รายการที่อนุญาตพิเศษสำหรับ Convex *ซึ่งเคลมแอร์ดรอปในทันที* 
* 3.3% สำหรับนักลงทุน โดย *ได้รับสิทธิมากกว่าหนึ่งปีสำหรับ 100% ของเงินลงทุนทร่ใช้เพื่อเร่งการบูสล่วงหน้าและจะถูกล็อคตลอดไป (ไม่มีการสร้าง cvxCRV)* 
* 10% สำหรับทีมงาน Convex ซึ่งจะอยู่ในการให้สิทธิ์หนึ่งปี

cvxCRV ถูกสร้างขึ้นในอัตราส่วน 1:1 สำหรับทุกๆ CRV ที่มีการเดิมพัน และสามารถใช้โทเค็น CVX เพื่อเข้าร่วมในการนำเสนอข้อเสนอต่างๆ ในโปรโตคอล Convex Finance ได้ด้วย

### Convex Finance Network มีความปลอดภัยอย่างไร

Convex ได้รับการตรวจสอบโดย MixBytes และสามารถดูผลลัพธ์ของมันได้ [ที่นี่](https://docs.convexfinance.com/convexfinance/faq/audits) ขุมสมบัติของมันถูกค้ำประกันโดยการรักษาความปลอดภัยแบบมัลติซิกซ์ 3 ใน 5 ซึ่งประกอบด้วยฝ่ายต่างๆ ดังต่อไปนี้:

* C2tP - Convex Finance
* Winthorpe - Convex Finance
* Charlie - Curve Finance
* Tommy - Votium
* Sam - Frax Finance

อย่างไรก็ตาม จากหนึ่งใน[ข้อบกพร่อง](https://www.coindesk.com/tech/2022/03/04/convex-finance-bug-causes-cvx-token-to-sink-on-forced-token-unlock/)ของ [smart contract](https://coinmarketcap.com/alexandria/glossary/smart-contract) เมื่อต้นเดือนมีนาคม 2565 ทำให้ทีมต้องปรับใช้สัญญาล็อคการโหวตอีกครั้ง และทำให้ราคา CVX ลดลง

### คุณสามารถซื้อ Convex Finance (CVX) ได้จากที่ไหน

CVX มีให้บริการบน [Binance](https://coinmarketcap.com/th/exchanges/binance/), [OKX](https://coinmarketcap.com/th/exchanges/okx/), [Bitget](https://coinmarketcap.com/th/exchanges/bitget/), [Mandala Exchange](https://coinmarketcap.com/th/exchanges/mandala/)และ [Hotcoin Global](https://coinmarketcap.com/th/exchanges/hotcoin-global/)

นี่คือบทความอื่น ๆ ที่คุณอาจสนใจ:

* [จะอ่านและวิเคราะห์เอกสารไวท์เปเปอร์ได้อย่างไร](https://coinmarketcap.com/alexandria/article/how-to-read-and-analyze-a-white-paper)
* [บัตรเดบิตคริปโตคืออะไร?](https://coinmarketcap.com/alexandria/article/what-are-crypto-debit-cards)
* [Web 3.0 คืออะไร?](https://coinmarketcap.com/alexandria/article/what-is-web-3-0)
* [การฟาร์มผลตอบแทนคืออะไร?](https://coinmarketcap.com/alexandria/article/what-is-yield-farming)
* [การให้ยืมคริปโต (Crypto Lending) คืออะไร?](https://coinmarketcap.com/alexandria/article/what-is-crypto-lending)
* [Metaverse คืออะไร](https://coinmarketcap.com/alexandria/article/what-is-the-metaverse-an-overview-and-a-deep-dive-of-the-top-metaverses)
* [Fan Token คืออะไร](https://coinmarketcap.com/alexandria/article/what-are-fan-tokens)
* [Newbie Catchup: AZ ของ NFTs](https://coinmarketcap.com/alexandria/article/newbie-catchup-the-a-z-of-nfts)
* [Automated Market Makers คืออะไร](https://coinmarketcap.com/alexandria/article/what-are-automated-market-makers)
* [Crypto ETF คืออะไร](https://coinmarketcap.com/alexandria/article/what-is-a-crypto-etf)
* [ตรวจสอบราคา SLP ของวันนี้ ได้ที่นี่](https://coinmarketcap.com/th/currencies/smooth-love-potion/slp/php/)

Convex Finance

Trust Wallet

MetaMask

SolFlare

Backpack

Phantom

Welcome to Convex Finance's Community channel aggregated by CoinMarketCap.

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Propy

GuildFi

IPVERSE

Tellor

Alchemy Pay

Telcoin

Delysium

Rollbit Coin

Mog Coin

EscoinToken

Planet Mojo

1ex Trading Board

Ten Best Coins

Oracle AI

Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.

Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.

In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.

Curve DAO Token

The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. The protocol incorporates the following concepts:

Fractional-Algorithmic – Frax is a unique stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. The ratio of collateralized and algorithmic depends on the market's pricing of the FRAX stablecoin. If FRAX is trading at above $1, the protocol decreases the collateral ratio. If FRAX is trading at under $1, the protocol increases the collateral ratio.

Decentralized & Governance-minimized – Community governed and emphasizing a highly autonomous, algorithmic approach with no active management.

Fully on-chain oracles – Frax v1 uses Uniswap (ETH, USDT, USDC time-weighted average prices) and Chainlink (USD price) oracles.

Two Tokens – FRAX is the stablecoin targeting a tight band around $1/coin. Frax Shares (FXS) is the governance token which accrues fees, seigniorage revenue, and excess collateral value.

Before Frax, stablecoins were divided into three different categories: fiat collateralized, overcollateralized with cryptocurrency, and algorithmic with no collateral. Frax is the first kind of decentralized stablecoin to classify itself as fractional-algorithmic ushering in the 4th and most unique category.

Frax Share

Gnosis (GNO) builds decentralized infrastructure on Ethereum. Its mission has always been centered on experimentation and building decentralized infrastructure for the Ethereum ecosystem. When Gnosis was founded in 2015, it focused on building prediction markets to enable worldwide access to accurate information. While creating the prediction market platform, it became clear that Gnosis needed to build the infrastructure required to support it. Gnosis Safe, for example, was born of necessity.

Gnosis operates as a decentralized autonomous organization (DAO) which provides infrastructure for various types of decentralized applications (dApps), and builds products to transparently guide decisions on the development, support and governance of its ecosystem.

In November 2021, both the xDAI and GnosisDAO community voted to combine their vibrant ecosystems to create the Gnosis Chain: An Ethereum forerunner-companion that addresses scaling issues through solid engineering.

Gnosis

Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.

To learn more about this project, check out our deep dive of Balancer(https://coinmarketcap.com/alexandria/article/what-is-balancer.

The protocol operates a few types of pools:

Private pools give the owner governance over the pool, and make the person the sole contributor of liquidity to the pool. Also, all the parameters are mutable by the owner.

Shared pools are for those who want to become liquidity providers (LPs). The LPs are rewarded with the Balancer Pool Tokens (BPTs).

Smart pools are similar to private pools but are controlled by a smart contract. They also reward using BPTs and allow anyone to contribute liquidity to the pool.

Balancer

Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.

To learn more about this project, check out our deep dive of Compound.

When a user deposits tokens to a Compound pool, they receive cTokens in return. These cTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.

On the flip side, borrowers can take a secured loan from any Compound pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 75%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.

Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently passed more than $800 million in total locked value.

Compound

Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.

Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders.

Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.

yearn.finance

Decred is Money Evolved.

By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”.

Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.

Decred

Rocket Pool is a decentralized Ethereum staking pool offering up to 4.33% APR for ETH2 staking. Users can join the Rocket Pool with its decentralized node operator network or run their own nodes with only 16 ETH. In the latter case, they can earn a commission from staking ETH and earn additional RPL rewards from providing RPL collateral, amounting to up to 6.36% APR for ETH and the additional RPL rewards.

Rocket Pool provides liquid staking, meaning users benefit from an increasing exchange rate instead of adding on to their initial staked collateral, which would be a taxable event. Furthermore, Rocket Pool offers smart nodes: a custom node software allowing anyone to run a node on its network. With losses from bad nodes distributed across the network, individual users minimize their risk of facing penalties. This is supported by the pool’s open-source and audited smart contracts, which guarantee fully non-custodial staking and a maximum degree of decentralization.

Rocket Pool

Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum mainnet. The Synthetix Network is collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2, which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3, which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol. Learn more about Synthetix on their blog or by joining the SNX Discord.

The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.

Synthetix

Mask Network is a protocol that allows its users to send encrypted messages over Twitter and Facebook. It essentially acts as a bridge between the internet and a decentralized network running on top.

Mask Network was initially launched in July 2019, with its first use case of allowing Facebook and Twitter users to encrypt posts on the social media platforms. It then raised $2 million in a funding round in November 2020, co-led by HashKey and Hash Global, and a further $3 million funding round in February 2021 with participation from Digital Currency Group and Fundamental Labs.

Now, Mask Network offers the ability to fund Gitcoin grant campaigns directly from Twitter, as well as plans to offer peer-to-peer payments and decentralized storage functionality. It is a decentralized portal that also allows users to use DApps like crypto payments, decentralized finance, decentralized storage, e-commerce (digital goods/NFTs) and decentralized organizations (DAO) over the top of existing social networks without migrating, creating what is referred to as a decentralized Applet (DApplet) ecosystem.

Mask Network

Flow

Lido DAO is a decentralized autonomous organization (DAO) which provides staking infrastructure for multiple blockchain networks.

Most notably, the platform provides a liquid staking solution for Ethereum, allowing users to stake their ETH and receive stETH (Lido staked ETH) tokens in exchange, which represent the user's staked ETH and staking rewards.

Lido DAO is secured by a mix of decentralized governance, audited code and smart contracts. The Lido protocol runs on Ethereum with help from smart contracts that process user deposits and distribute staking rewards, among other functions. Several third-party security firms have audited Lido’s smart contracts in order to identify and address potential vulnerabilities.

The platform’s native token is LDO - which also serves as the governance token for Lido DAO. Holders can participate in governance proposals and vote on key decisions such as board adjustments, new integrations and platform updates. LDO holders have the right to determine the development and operation of the platform.

Lido currently supports staking for Ethereum and Polygon only with the recent sunsetting of Solana.

Lido DAO

Kyber Network is a multi-chain hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to deep liquidity pools that provide the best rates.

KyberSwap.com, its main DEX aggregator and liquidity platform, provides the best swap rates for traders in DeFi compared to individual exchanges. It also enables liquidity providers to maximize earnings via high capital efficiency. KyberSwap sources liquidity from multiple DEXes such as Uniswap, Sushi, Curve, QuickSwap, Pancakeswap, Traderjoe, Pangolin, SpookySwap, SpiritSwap, VVS Finance, Velodrome, GMX, and many others to achieve the best rates for traders on different chains. KyberSwap supports over 13 chains including Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Cronos, Arbitrum, Optimism, Velas, Aurora, Oasis, BitTorrent, Ethereum PoW, and soon Solana.

KyberSwap is decentralized and permissionless, not requiring account sign-up or personal information. All transactions on KyberSwap are on-chain, which means transactions do not need a centralized third-party, like a centralized exchange, and they can be easily verified using the Ethereum or other chains’ block explorer.

Projects can build with KyberSwap to access its different features, such as the instant settlement of token swaps, liquidity aggregation for the best rates, liquidity pools, and a customizable business model. Kyber looks to solve the liquidity issue in the decentralized finance (DeFi) industry by allowing developers to build products and services without having to worry about liquidity for different needs.

The Kyber Network Crystal (KNC) token is a utility and governance token that is the "glue that connects different stakeholders in Kyber's ecosystem." KNC holders can stake their tokens in the KyberDAO to help govern the platform and vote on important proposals - and earn staking rewards in KNC that come from trading fees. Investors in KNC include #Hashed, Signum Capital, ParaFi Capital, HyperChain Capital.

Kyber Network Crystal v2

LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.

In 2020, the average daily trading volume of the entire cryptocurrency market fluctuated in the approximate range of $50-$200 million. Most of that trading is conducted on centralized cryptocurrency exchanges — online platforms operated by private companies that store users’ funds and facilitate the matching of buy and sell orders.

Such platforms have a number of downsides common to all of them, so a new type of exchange — decentralized— has emerged to try to alleviate these disadvantages. However, fully decentralized exchanges are not without their own flaws.

Loopring’s purported goal is to combine centralized order matching with decentralized on-blockchain order settlement into a hybridized product that will take the best aspects of both centralized and decentralized exchanges.

LRC tokens became available to the public during an initial coin offering (ICO) in August 2017, while the Loopring protocol was first deployed on Ethereum mainnet in December 2019.

Loopring

Aragon

GMX is a decentralized exchange (DEX) for trading perpetual cryptocurrency futures with up to 50X leverage on popular cryptocurrencies like BTC, ETH and more. The platform launched in September 2021 as Gambit Exchange. To date, GMX has a total trading volume of over $130B and 283K total users, making it the leading derivatives DEX on Arbitrum and Avalanche.

GMX runs on the Arbitrum and the Avalanche blockchain. These ecosystems are connected to the exchange via Synapse — a cross-chain bridge.

Maker (MKR) is the governance token of the MakerDAO and Maker Protocol — respectively a decentralized organization and a software platform, both based on the Ethereum blockchain — that allows users to issue and manage the DAI stablecoin.

Initially conceived in 2015 and fully launched in December 2017, Maker is a project whose task is to operate DAI, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar.

MKR tokens act as a kind of voting share for the organization that manages DAI; while they do not pay dividends to their holders, they do give the holders voting rights over the development of Maker Protocol and are expected to appreciate in value in accordance with the success of DAI itself.

The Maker ecosystem is one of the earliest projects on the decentralized finance (DeFi) scene: the industry that seeks to build decentralized financial products on top of smart-contract-enabled blockchains, such as Ethereum.

Maker

Launched in 2017, Livepeer is the first live video streaming network protocol that is fully decentralized. The platform aims to become a viable blockchain-based, economically efficient alternative to centralized broadcasting solutions for all new and existing broadcaster companies.

To learn more about this project, check out our deep dive of Livepeer.

As stated in the official Livepeer whitepaper, the live video streaming and broadcasting industry is growing at a rapid pace, and the company is looking to ride this wave and introduce decentralization to the environment. Livepeer aims to streamline the broadcasting process by allowing producers to submit their work on the platform, taking care of reformatting and distributing the content to users and streaming platforms.

Livepeer

Band Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.

By supplying reputable, verifiable real-world data to blockchains, Band Protocol unlocks a range of new use cases for developers to explore — since they can now use any type of real-world data as part of their decentralized application (DApp) logic, including sports, weather, random numbers, price feed data and more.

Band Protocol initially launched as an ERC-20 project on the Ethereum blockchain in September 2019, but transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role.

BAND is the native token of the Band Protocol ecosystem and is used as collateral by validators involved in fulfilling data requests, as well as the main medium of exchange on BandChain — being used to paying for private data.

Band Protocol

0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the many different blockchains (including Ethereum) without relying on centralized intermediaries. It is a protocol for decentralized exchange.

0x achieves this decentralized exchange functionality using a collection of open-source, publicly auditable smart contracts that work together to produce a flexible, low-friction trading protocol that developers can easily weave into their products.

The protocol is used by companies building web3 apps such as wallets, DEXes, portfolio trackes, and others. It is a used by hundreds of developers for their projects. The protocol has facilitates over $200B in trading volume since its inception. One can track its usage in its dedicated https://explorer.0x.org/.

The protocol is powered by an ERC20 governance token known as ZRX. ZRX holders can participate in protocol governance, having direct power over protocol changes and its community treasury.