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Re: Most DEXs are unsafe, alleges new report
by
stompix
on 30/10/2020, 16:23:20 UTC
Wow, looking at the bottom, Forkdelta...this brings back memories, they had at one point a few millions in volume, not it's a wasteland out there.
And then there was Etherdelta, hacked, fined by the SEC, closed down, and just like flogging a dead horse for real the exist scam investigation a year later.
A lot of those on that list will go the same road, it's just a matter of who crosses the death line first.


I agree with @pooya87. There really should be a column on CER’s list, indicating whether we are talking about a true native DEX, or a swap-based tokenized DEX. Sometime ago, I was shocked to see that people’s who had Bitcoins on Binance DEX were not really dealing with Bitcoins, but rather with a BEP2 token pegged to BTC.

I am shocked right now that you were shocked  Grin
But I remember quite a few people who were cheering at the time of the announcement, I wonder if they realized in this whole year that has passed since with what they are playing.

I was curious to know how the "DEXs" compare to the likes of Bisq, a real decentralized exchange but i was utterly disappointed to find out that Bisq wasn't even mentioned anywhere yet the list had fake Dexs have almost zero trading volume.

Well, Bisq fares no better..
+100 Daily trades,  1.463 BTC volume today with an average of 3-4 for the last month?