Decentralized Exchanges Companies

Trisolaris is a non-custodial automated market maker (AMM) DEX built on the Aurora Network, an EVM-compatible layer built on NEAR Protocol. It offers token swapping, liquidity provision, and yield farming. Gas fees are near-zero, and users can access free monthly transactions via Aurora Plus. The protocol is backed by investors including Electric Capital, Dragonfly, Jump Crypto, Lemniscap, and Ethereal Ventures.

Trojan is a premier, self-custodial trading platform and Telegram bot optimized for the Solana blockchain. Designed to offer a competitive edge to traders of all levels, it enables lightning-fast execution, market and limit orders, DCA strategies, and copy trading. By utilizing battle-tested infrastructure, Trojan ensures that users maintain full control over their funds while accessing on-chain tools.

Turbos Finance is a non-custodial decentralized exchange and DeFi marketplace built on the Sui blockchain, offering spot trading, concentrated liquidity market making, and a central limit order book service powered by the Sui Foundation. The protocol aggregates liquidity across multiple sources to provide competitive pricing, and supports flexible liquidity provision modes designed for both retail and professional users. Beyond trading, Turbos operates Turbos.fun, a meme token fair-launch platform within the Sui ecosystem, and a zero-commission launchpad for Sui-native projects. The platform targets a broad audience from casual crypto traders to experienced DeFi participants, and is one of the earliest DeFi protocols to launch on Sui mainnet.

Ubeswap is a non-custodial, mobile-first decentralized exchange built natively on the Celo blockchain, enabling users to swap tokens and provide liquidity through an automated market maker model. The protocol is designed with a mobile-first interface, reflecting Celo's focus on smartphone-accessible DeFi for users in emerging markets. Ubeswap supports Celo-native assets and is one of the primary DEX venues on the network, serving retail DeFi participants who interact with Celo's ecosystem. The protocol has its own governance token, UBE, which is used for liquidity mining incentives and protocol governance. Ubeswap operates as a community-driven, DAO-governed project with no identified central corporate HQ.

Vanish is a non-custodial trading platform on Solana that routes swaps through shielded liquidity pools to decouple trades from user wallets, preventing front-running and alpha leakage. Its stealth execution architecture makes all trades appear to originate from a shared dynamic network of accounts rather than individual wallets, while integrating compliance tooling via Elliptic and Range for real-time AML screening and sanctions checks. The platform enforces same-address deposit/withdrawal logic to prevent flow obfuscation, and geo-blocks users from the US, UK, and OFAC-sanctioned jurisdictions. Backed by Colosseum, Solana Ventures, and Axiom in a $1M pre-seed round announced August 2025, it uses Groom Lake and Turnkey for custody infrastructure and protocol security.

Variational Protocol is an on-chain derivatives trading infrastructure that supports perpetual futures and other derivative instruments for both retail and institutional participants. The protocol operates two primary products: Omni, a consumer-facing trading interface, and Pro, an advanced platform for sophisticated traders. The system functions as a non-custodial infrastructure layer for on-chain derivatives trading, offering approximately 500 listed instruments. The protocol architecture enables participants to trade derivatives directly on-chain without centralized custody of assets.

Velodrome Finance is a non-custodial decentralized exchange (DEX) built on the Optimism Superchain, offering token swaps, liquidity provision, and an on-chain governance model. It describes itself as a 'MetaDEX,' combining concentrated and standard AMM liquidity pools with a ve(3,3) tokenomics model where 100% of trading fees and incentives are distributed to liquidity providers and VELO token voters. Users can lock VELO tokens to vote on pool emissions, earning weekly fees and external incentives in return. The protocol was founded with no VC funding and no token sale, positioning itself as a public good; it also supports cross-chain swapping via a 'Superswaps' feature targeting Superchain interoperability.

WingRiders is a non-custodial AMM-based decentralized exchange built natively on the Cardano blockchain, offering token swaps across 400+ Cardano native token pairs. The platform combines standard AMM liquidity pools with StableSwap pools (low slippage for pegged assets), ADA auto-staking within liquidity pools, and yield farming with up to five simultaneous reward streams. It was among the first Cardano DEXs to integrate USDC and USDT via bridging, and supports direct hardware wallet connections (Ledger and Trezor) including Android via USB-C. Governance is conducted through the WRT token, and the protocol has been integrated into third-party wallets such as Nu.Fi.

WOOFi is a non-custodial decentralized exchange built on the WOO Network ecosystem, supporting spot swaps, cross-chain swaps, and perpetual futures trading across 15 or more blockchains. The protocol uses a proprietary liquidity model designed to minimize slippage, and offers earn vaults with single-asset deposits and zero impermanent loss alongside WOO token staking for fee discounts and revenue sharing. Products include WOOFi Swap for spot and cross-chain trading, WOOFi Pro for up to 100x leveraged perpetuals across 100 or more pairs, and an agent-facing API layer with Python SDKs for autonomous on-chain execution. The native token, WOO, is used for staking, governance, and fee reduction.

xExchange is a non-custodial decentralized exchange built on the MultiversX (formerly Elrond) blockchain, enabling users to trade, provide liquidity, and earn yield on-chain. The platform uses an AMM model and supports a range of tokens native to the MultiversX ecosystem, including EGLD, MEX, XEGLD, USDC, WBTC, and WETH. Its native token MEX is used for governance and incentives, and the platform reported approximately $1.03M in trading volume in the week prior to the snapshot. The DEX offers liquidity pools, staking/farming features, and token discovery tools, targeting DeFi users within the MultiversX ecosystem.

Xpanse is a non-custodial perpetual futures exchange developed by Horizon Protocol that operates three distinct liquidity layers. The first layer uses an oracle-based system powered by Horizon Protocol, offering up to 50x leverage across 13 or more markets on BNB Chain. The second layer employs an intent-based system via Symmio, providing up to 60x leverage across 340 or more markets on Base and Arbitrum. The third layer utilizes an orderbook system via Orderly Network, supporting up to 50x leverage across 60 or more markets. The platform integrates AI-driven trading signals, machine learning-based price predictions, and TradingView indicators with standard perpetual trading functionality. Infrastructure partners include Mode Network, BNB Chain, Orbs, and The Graph. Security audits have been conducted by PeckShield and Hacken. The exchange supports trading across multiple blockchain networks with mechanisms for reduced transaction costs and gasless trade execution.

Zeus is a non-custodial perpetual decentralized exchange deployed on Base, Coinbase's Layer 2 blockchain. The platform enables leveraged trading of up to 30x on assets including Bitcoin, Ethereum, and USDC. The system incorporates a gamification structure organized around time-limited monthly cycles called Epochs. During each Epoch, traders accumulate Zeus Points based on trading activity and participate in leaderboard rankings. Profit-sharing airdrops, gated by soulbound tokens, are distributed to participants and funded from a portion of platform revenue. Liquidity provision occurs through LP pools, with pool participants receiving a designated share of fee rewards. The platform has received support from Chainlink, MEXC, and IBC Group, with security audits conducted by Hashlock and ContractWolf.