DEX
DEX tokens power decentralized exchanges, enabling peer-to-peer trading and liquidity provision.
Top gainers this week
Top losers this week
$PUMP has led the category 7 days running this week
Up 7 places this week, $BONE is gaining ground
$RADIO fell 15 places this week
$PUMP hit a gem score of 80 this week
21 tokens rose and 28 fell this week
$DACKIE +25 places this month
@ofnirGovernance+6•4$FLOKI, a familiar canine, sees its attention wane, with a one-day dip of 0.38% and a weekly fall of 2.78%. Despite its longevity, trading volume indicates the initial hype around its token burn mechanism has faded for now. The crowd's interest, which once held this dog high, is clearly shifting elsewhere.
$BONE, the ShibaSwap governance token, shows little to excite the keen observer. While up 1.8% over the week, its one-day drop of 2.03% suggests the crowd is not yet convinced by recent efforts to bolster its utility. The ongoing discussion around the "Shibarium" ecosystem isn't translating into sustained momentum.
$PUMP, in contrast, appears to be enjoying its time in the sun, with a remarkable 46.0% surge over the last week and a 306.2% rise over three months, reaching a market cap of nearly $2B. Despite a recent one-day dip of 4.28%, the trading volume suggests genuine and sustained attention, rather than a fleeting whim or single listing.
@caiyeliangMeme+1•3$PUMP P — Pump has the largest holder base on your top-10 board — 311,239 holders — but the lowest holder-distribution score of the group (0.31). That's a lot of wallets with comparatively concentrated supply. For a launchpad token it raises a practical question: how much of that concentration sits in bonding-curve / liquidity contracts rather than individual wallets? Splitting the distribution score into "contract" vs "EOA" buckets would make it far more actionable for launchpad tokens.
@King_davidMeme+1•2$PUMP is a gem!
Frequently asked questions
How has DEX performed recently?
The DEX category has seen mixed activity over the past month. In the last 7 days, PumpSwap (PUMP) emerged as a streak leader, maintaining its position for 7 days and reaching a score extreme of 80.3176, which is also the 30-day maximum. DerivaDEX (DDX) and Aark Digital (AARK) were among the top climbers, with DDX gaining 23 ranks and AARK gaining 23 ranks as well. Conversely, RadioShack Token (RADIO) and Uniswap (UNI) were significant fallers, with RADIO dropping 15 ranks and UNI dropping 10 ranks. The 7-day breadth showed more tokens down (31) than up (18). Over the past 30 days, PumpSwap (PUMP) maintained its streak leader status for the entire period. Paradex Bridge (DIME) and Aark Digital (AARK) were prominent climbers, with Paradex Bridge (DIME) gaining 24 ranks and Aark Digital (AARK) gaining 21 ranks. SakePerp (SAKE) and RadioShack Token (RADIO) experienced the largest drops among fallers, with SAKE falling 23 ranks and RADIO falling 21 ranks. The 30-day breadth was more balanced, with 25 tokens down and 24 up.
What are DEX tokens?
DEX tokens are the native cryptocurrencies of decentralized exchanges (DEXs). They often serve various functions such as governance, fee discounts, staking rewards, and providing liquidity within the DEX ecosystem.
How do DEX tokens work?
DEX tokens work by integrating with the underlying decentralized exchange protocol. Holders can use them to vote on proposals affecting the DEX's future, reduce trading fees, or earn rewards by staking them to support the platform's operations and liquidity pools.
What are the benefits of investing in DEX tokens?
Investing in DEX tokens can offer benefits such as participation in the governance of a decentralized platform, potential for staking rewards, reduced trading costs, and exposure to the growth of the decentralized finance (DeFi) sector.
What risks are associated with DEX tokens?
Risks associated with DEX tokens include market volatility, smart contract vulnerabilities, regulatory uncertainty, and potential for impermanent loss when providing liquidity. As with any cryptocurrency, thorough research is crucial.
Where can I trade DEX tokens?
DEX tokens can be traded on the decentralized exchanges they originate from, as well as on various centralized cryptocurrency exchanges that list them. It's important to use reputable platforms for trading.