What are the top decentralized finance (DeFi) protocols that use automated market makers (AMMs)?

3 answers

• Md. Saidul Islam SarkerDec 28, 2021 · 3 years ago
  Sure! Here are some of the top decentralized finance (DeFi) protocols that use automated market makers (AMMs): 1. Uniswap: Uniswap is one of the most popular AMM protocols in the DeFi space. It allows users to trade ERC-20 tokens directly from their wallets without the need for intermediaries. 2. SushiSwap: SushiSwap is a decentralized exchange built on the Ethereum blockchain. It offers a range of AMM-based features, including yield farming and staking. 3. PancakeSwap: PancakeSwap is a decentralized exchange on the Binance Smart Chain (BSC). It offers low fees and fast transactions, making it a popular choice for traders. 4. Curve Finance: Curve Finance is a decentralized exchange optimized for stablecoin trading. It provides low slippage and low fees for stablecoin swaps. 5. Balancer: Balancer is a protocol that allows users to create liquidity pools with multiple tokens and different weights. It offers customizable AMM-based trading strategies. These are just a few examples, and there are many other DeFi protocols that use AMMs. It's always a good idea to do your own research and consider factors like liquidity, security, and community support before using any protocol.
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• Steensen WilderApr 27, 2025 · 2 months ago
  Hey there! Looking for the top decentralized finance (DeFi) protocols that leverage automated market makers (AMMs)? Here are some popular options: 1. Uniswap: Uniswap is a leading AMM protocol that enables users to trade ERC-20 tokens directly from their wallets. It's known for its simple and user-friendly interface. 2. SushiSwap: SushiSwap is a decentralized exchange built on top of Uniswap. It offers additional features like yield farming and staking to incentivize liquidity providers. 3. PancakeSwap: PancakeSwap is a DeFi protocol on the Binance Smart Chain (BSC). It provides fast and low-cost transactions, making it a popular choice for traders. 4. Curve Finance: Curve Finance specializes in stablecoin trading. It's designed to provide low slippage and low fees for stablecoin swaps. 5. Balancer: Balancer is a flexible AMM protocol that allows users to create and manage liquidity pools with multiple tokens and different weights. Remember to do your own research and consider factors like liquidity, security, and community support when choosing a DeFi protocol.
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• KavexshajayawardhanaOct 13, 2020 · 5 years ago
  As an expert in the field, I can provide you with a list of the top decentralized finance (DeFi) protocols that utilize automated market makers (AMMs). Here are some notable ones: 1. Uniswap: Uniswap is a widely used AMM protocol that operates on the Ethereum blockchain. It offers decentralized trading and liquidity provision for ERC-20 tokens. 2. SushiSwap: SushiSwap is a decentralized exchange built on top of Uniswap. It introduces additional features like yield farming and staking to incentivize users. 3. PancakeSwap: PancakeSwap is a DeFi protocol on the Binance Smart Chain (BSC). It provides a fast and low-cost trading experience for BSC-based tokens. 4. Curve Finance: Curve Finance specializes in stablecoin trading and offers low slippage and low fees for stablecoin swaps. 5. Balancer: Balancer is an AMM protocol that allows users to create and manage liquidity pools with customizable weights. Please note that this list is not exhaustive, and there are many other DeFi protocols that utilize AMMs. It's essential to conduct thorough research and consider factors like security, liquidity, and community support before engaging with any protocol.
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