Top decentralized exchanges (DEXs) include platforms like Uniswap, PancakeSwap, and SushiSwap, known for enabling peer-to-peer crypto trading without intermediaries. These DEXs operate on smart contracts, offering features like token swaps, liquidity pools, staking, and governance. Unlike centralized exchanges, users maintain full control of their funds. The top DEXs prioritize security, transparency, and low transaction fees. They are essential pillars of the DeFi ecosystem, supporting countless tokens and fostering permissionless innovation. Rankings may vary based on trading volume, user base, blockchain support, and liquidity depth.
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