DEXes on RSK - The Complete Guide to Decentralized Exchanges (DEX)
In this section, we will explore some of the different DEXes on RSK, and how to get started. We'll cover Sovryn, RSK Swap, BlinDEX, and AtomicDEX.
Sovryn is a non-custodial and permissionless smart contract based system for Bitcoin lending, borrowing and margin trading. Users can buy SOV with RBTC, swap and trade: DOC, BPRO, rUSDT, xUSD, and MOC tokens on Sovryn.
Sovryn does not require you to send your assets to a centralized company, such as BitMEX or Binance, in order to trade. With Sovryn, you send your RBTC or tokens to smart contracts on the RSK network. You to keep custody of your private keys, allowing you to withdraw your funds at any time. Sovryn is permissionless in the sense that it does not require KYC to participate, and no single entity can censor transactions or ban accounts.
See the Sovryn Wiki.
RSK Swap is a decentralized exchange to automatically swap RBTC, RIF, DOC, RDOC, rDAI, rUSDT, rUSDC and other ERC20 tokens, there is no need to wait for a buyer or seller. It has the advantage of the low costs and security of the RSK network. It also doesn’t require KYC and has no limits for withdrawals or deposits.
See the RSK Swap Documentation.
Watch DeFi for Developers: How to use RSKSwap Smart Contracts To Automate Trading
BlinDEX is a multi-currency stablecoin DeFi platform that sees all currencies as equals. Mint, swap, invest and redeem ANY pegged currency. All coins are partially collateralized, algorithmically stabilized and completely decentralized. To get started, visit BlinDEX App
See BlinDEX docs for RSK Contract Addresses on RSK.
AtomicDEX is a secure wallet and non-custodial decentralized exchange rolled into one application. It’s features includes; a decentralized P2P order book, cross protocol support which means it is easy to trade BTC, RBTC, ETH, all ERC-20 tokens.
To get started on AtomicDEX, download on Apple store, Google playstore and Mac.
See the AtomicDEX technical documentation.
Watch How to Install AtomicDEX and Make an Atomic Swap
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