Top 3 Decentralized Exchange (DEX) tokens under $2.5M market cap to watch in January 2023

Peer-to-peer transactions can also be done directly from your digital wallet through a decentralized exchange, eliminating the need for a middleman. Control of their own money and how it is transferred rests with the DEX user. Decentralized Exchange (DEX) tokens have a total market cap of $11,204,028,711 and a total trading volume of $1,242,178,391 in the last 24 hours.

Note: This list is sorted by market capitalization from lowest to highest

LuaSwap (LUA)

• Price unit: $0.007055
• Market Cap: $1,323,265
• Specifics: To encourage Liquidity Providers (LPs) to adhere to the protocol, the LUA token will be distributed.

LuaSwap is a multi-chain liquidity system for the development of token projects that do not require seed capital, founder fees or pre-mining.

LuaSwap is a new swap protocol influenced by previous AMM-based swap protocols like Uniswap and SushiSwap. The new token economy and operation of LuaSwap, on the other hand, addresses the shortcomings of other swap systems.

The LUA coin offers community-managed multichain technology at its core. The focus is on supporting smaller pools of new coins rather than competing for liquidity within the top token pools.

Exchange: $LUA is currently trading live on LuaSwap.

UniLayer (LAYER)

• Price unit: $0.05541
• Market Cap: $1,418,574
• Features: Unilayer includes pricing charts built right into the dashboard, which is what traders have come to expect from professional solutions.

UniLayer is a next generation decentralized trading platform built on top of Uniswap and focused on automated swaps and liquidity management, staking, farming, charting and analytics, live order books and much more.

Unilayer monitors on-chain status for liquidity, token values ​​and exchange rates, and initiates real-time feeds to dashboard for automated trading.

Unilayer provides a streamlined user interface that extends Uniswap liquidity pools in the form of lending liquidity and allows automation of adding and removing liquidity from a pool provided critical indicators are met.

Exchange: $LAYER is currently trading live on CoinTiger, BitMart, KuCoin, Gate.io and MEXC.

Integral (ITGR)

• Price unit: $0.02023
• Market Cap: $2,509,019
• Features: Integral can achieve the same depth with significantly less cash by mirroring order books from exchanges like Binance and Uniswap.

integral is a new DeFi primitive that efficiently executes huge orders. It is now the only such primitive with a working product and is capable of capturing the exact slice of significant customer trading volume for DeFi.

Integral works intelligently by filling an order based on an oracle’s average price over time (currently Uniswap’s 5-minute TWAP). This system mimics how centralized exchanges process large orders: they are split up and executed over time.

Integral mirrors the order book and AMM from some of the leading centralized and decentralized exchanges to achieve a competitive price with virtually 0% price impact, creating an extremely liquid-rich environment for the execution of these huge orders.

Exchange: $ITGR is currently trading live on Gate.io, LBank, MEXC and DODO (Ethereum).

Disclosure: This is not trading or investment advice. Always do your research before buying cryptocurrencies or investing in projects.

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