Here you can see the big Sui Ecosystem
As you can see it’s includes 9 DEX.
But here we can talk about Ballast Fi — the best DEX on Sui.
Founded in November 2022, Ballast is one of the first products to offer a complete trading suite solution on Sui.
The advantages of the suite model include better user experience compared to a simple AMM:
- Flexible liquidity
- Easy access for institutional traders
- Secure and transparent on-chain verification
- Opportunity to price different types of instruments
- Trading robots interoperability
The Ballast infrastructure unlocks the opportunity to change various types of assets with different levels of complexity in the DeFi space including but not limited to perpetual & quarterly futures, power perpetuals, floor perpetuals, options, exotic options, everlasting options, options vaults, basis trading, fixed yield, structured products, and RFQ.
Ballast aims at providing Sui users and projects with a comprehensive infrastructure for building and trading on-chain spot assets and derivatives, and ensuring a CEX-competitive user experience. Thus, Ballast’s mission is the extension of DeFi services offered on Sui and other blockchains as well as the attraction and onboarding of the CeFi audience to on-chain trading and investments.
Well, briefly tell you about other DEX.
1.JustEx
Everything trade on chain just fair and transparent.
- Exactly transaction price
- No slippage
- JE trade engine is order book based
2. Kriya DEX
The first derivatives exchange on Sui. Trade perps with up to 20x leverage, cross-margin across assets, hedge via options.
3. MovEX
Movex is a concentrated liquidity AMM + order book hybrid liquidity DEX aiming to provide the best trading experience for traders and liquidity provision experiences for liquidity providers and project creators.
4.OwlSwap_Finance
OwlSwap is a decentralized exchange and defi platform running on the Sui network , with lots of other features that let you earn and win tokens.
5. Palladium
Palladium is a user-customizable DEX protocol built on the two move-base VM implemented blockchains Aptos & Sui.
6. Seaprotocol
Seaprotocol is an ultimate exchange onchain, currently being developed on the Aptos & Sui blockchain. Sea protocol leverages the hyper parallelization of Aptos/Sui to bring incredible speed, reliability, and cost-effectiveness to decentralized trading.
7. Suiswap
Swap platform on Sui blockchain
8. TidalSwap
TidalSwap will be the first Automated Market Maker to launch on Aptos, SUI and Linera. We are operating in their Testnet environments and we are preparing ourselves to go-live with Aptos, SUI and Linera as they go-live.
Thanks for attention! See you soon!
Official web — https://ballast.fi
