DeFi Exchange Platform Development on Ethereum and Tron

Published On October 15, 2020
DeFi Exchange Platform Development on Ethereum and Tron

We coinjoker best DeFi Exchange Development Company creates your Own DeFi Decentralized Exchange Platform which enables users to manage their funds with smart contracts, DApps and cryptocurrency wallets. Our inbuilt smart contract and customized smartcontract (as per your requirement) make more functionality and automatically matches up buyers and sellers. Our  DeFi Exchange Development provides better transaction speeds and user interfaces to your DEX Platform.

Advantages of DeFi Dececentralized Exchanges

Increased security for users to control their assets 
More Efficient for Easier Deposit and Withdrawls 
Multilingual and User Intuitive Platform
DeFi Using Smart Contract on Blockchain
Make Payments in crypto and fiat currencies  
Anonyms Platform for Crypto Transactions
No Hackers and No server Downtime
Allows P2P Crypto Transactions
Never to hold their assets on Exchange
Consumes lower fees on every transactions
New Liquidity Gaining through Money Marketers

An Overview of DeFi 

Decentralized Finance(DeFi) has given a nice way for many new crypto investors and traders into digital space and have triggered the interest of traditional financial players. Every user is forwarding for the best investment potential and hunting gems in the DeFi world.

DeFi has shaping the way we will work, invest, save and borrow. Infact, DeFi takes the smarter way in Exchange also. Yeah, DeFi Cryptocurrency Exchange Development is now Booming and Hot trendy business modules in the current scenario.

Before you build own DeFi based Cryptocurrency Exchange. You should know everything about DeFi, and how DeFi makes bubble in the cryptocurrency exchanges.

What is Decentralized Finance (DeFi)?

DEFI is the decentralization of finance and of things and it offers us the ability to trade and monetize our assets more freely than ever before. 

What is Decentralized Finance (DeFi) Exchange?

Defi DEX Exchange is a trading platform designed to exchange and trade crypto coins in peer to peer environment without any middleman. The Defi token can be bought and sold with both fiat exchange and alternative crypto currencies

Why DeFi Exchange is Preferred over traditional exchange platform?

There are several features which distinguish Defi from traditional exchanges. They are listed below

- Security
- Zero fees
- Secured digital wallet
- Airdrop ranking system
-Depends upon open protocols and DApps
-Smart Contract Guarantee Execution

How DeFi Exchange Platform Works?

DeFi Exchange Platform Works with popular projects are lending protocols Aave, Maker and Compound. These protocols allows you to borrow cryptos instantaneously and often in large amounts. If you can prove you can pay back the loan in a single transaction. These protocols enables you to earn interest from lending out cryptocurrencies.

DeFi Exchange Using Smart Contracts and DApps

DeFi Decentralized Exchange has mainly built for financial services where the exchanges and trades are achieved using smart contracts and Dapps, which are automated enforceable agreements that don’t need intermediaries like a bank or lawyer and use online blockchain technology instead.

Decentralised applications (dApps) have taken off is cryptocurrency trading on decentralised exchanges (dexs). These are entirely peer-to-peer, without any company or other institution providing the platform.

Decentralized Finance dApps are built on permissionless, public blockchains that enable anyone to create these apps and everyone to use them

What is DAI?

DAI is a collateral backed cryptocurrency that lives completely on the blockchain and does not rely on any mediator to insure its stability and peg relative to the US Dollar. DAI is backed by collateral which is locked into audited and publicly available smart contracts.

Some exchanges implement degrees of decentralization, in which centralized servers might host order books and other features but do not hold users’ private keys. Popular DEXs in the DeFi space currently include AirSwap, Liquality, Mesa, Oasis, and Uniswap.

Popular DEXs in the DeFi space currently include AirSwap, Liquality, Mesa, Oasis, and Uniswap.

Example DeFi coins/tokens

  • Chainlink (trade)
  • Aave (trade)
  • Maker (trade)
  • Compound (trade)
  • 0x (trade)
  • Bancor
  • WBTC
  • Blocknative
  • pTokens
  • Simplex
  • Fulcrum
  • Yearn.finance (trade)
  • Ampleforth (trade)

DeFi Protocols in DeFi Exchanges:

The most trending protocols fall into exchanges & liquidity, derivatives, prediction markets, stablecoins and credit & lending categories

DeFi Decentralized Exchange List [2020]

DEXs are one of the most vibrant sectors in the DeFi ecosystem. Here’s a look at all the DEXs currently on our radar:

  • Aave 
  • yEarn 
  • Compound 
  • Kyber Network 
  • Synthetix 
  • Uniswap
  • dYdX
  • 0x
  • IDEX
  • Balancer
  • DEX.ag
  • Airswap
  • Totle
  • Augur

Compound – COMP

Compound is a protocol on the Ethereum blockchain that uses a process of algorithmically determining interest rates for pools of tokens (called money markets) based on the supply and demand for each token.

Aave 

Aave is a decentralized non-custodial money market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralized (perpetually) or undercollateralized (one-block liquidity) fashion.

Uniswap

Uniswap is a protocol that automates token exchanges on Ethereum. It is a set of smart contracts deployed to the mainnet. It doesn’t have a token, no centralized order books and no amount of fees goes to the platform or its creator 

Kyber Swap

Kyber Network is a leading liquidity protocol that an aggregated pool of liquidity for a pro-rata share of 0.3% trading fees.

Synthetix

Synthetix, a “decentralized” asset management protocol that offers non-custodial mimetic trading.  It used to keep track of the price of virtual tokens that are basically traditional assets that investors are already familiar with.

yEarn 

Yearn.Finance is a Decentralized Finance (DeFi) network that runs on the Ethereum blockchain. The yield farming craze and the price of the token has made it very popular. Yield farming involves complex strategies, but this platform has simplified them for non-expert crypto users.

How to build DeFi Exchange Platform from the scratch?

If you are planning to start own DeFi Exchange Platform, Choose the right company with experienced blockchain professionals who are very dedicated to build your DeFi exchange platform with more security. You can build your DeFi Exchange with different DeFi platforms and their tokens and get overview of your assets, track your performance, and easily buy or sell anytime

Where to build DeFi Decentralized Exchange Development?

We build DeFi Decentralized Exchange Platform Development with various protocols, Tokens listed above. We Create your DeFi exchange platform using these popular DeFi protocols. Otherwise we build your DeFi exchange platfom the scratch. We assist you build your highly reliable, secure and decentralized exchange platform with our high-end defi exchange development services.

Coinjoker - DeFi Exchange Development Services:

DeFi Yield Farming Development

DeFi Development Services and Solutions

DeFi Lending/Borrowing Development

DeFi DApp Development

DeFi Smart contract Development

DeFi Token Creation

DeFi Staking Development

DeFi Exchange Development

DeFi Protocol like Uniswap

DeFi Protocol like Justswap

DeFi Protocol like Yearn.Finance

Applications of Decentralized Finance (DeFi) Development

  • KYC/AML Solutions
  • Lending Protocols
  • Data Analysis Applications
  • Asset Tokenization
  • Pooled Lending
  • Creating Stablecoins
  • Bitcoin Future Trading

Coinjoker DeFi Development Company offers DeFi services now in use allow you to:
 

1. Borrow and lend cryptocurrencies to earn interest using platforms such as Compound or Aave.

2. Bet on the outcome of events using Augur.

3. Create and exchange derivatives of real-world assets such as currencies or precious metals on Synthetix.

4. Take part in a no-loss lottery on PoolTogether, where everyone gets their money back and one lucky participant wins all the interest that has accrued in a shared pot.

5. Buy cryptocurrencies known as stablecoins, which are pegged to the value of a particularly currency or commodity. For example, DAI and USDC are both pegged to the US dollar.

Why choose coinjoker for DeFi Exchange Platform Development?

Our DeFi Decentralized Finance Exchange Development consists of digital assets, smart contracts, and dApps which built on a blockchain. We built Ethereum, Tron is the primary choice for DeFi Exchange Platform and applications and also other blockchains are available as well such as Cosmos, Hyperledger, Stellar, Corda, NEO, Algorand, or EOS.

Contact our blockchain experts now to build DeFi Exchange Platform Now !!

Tags : DeFi Exchange Development DeFi Exchange DeFi Exchange Development Company DeFi
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