Decentralized Exchange (DEX) Coins

This category covers tokens tied to decentralized exchanges, or DEXs, which are platforms that let users trade crypto assets directly from their own wallets without a central intermediary holding their funds. Most DEXs use automated market makers, where liquidity provided by users sets prices through smart contracts, while some use on-chain order books. Tokens in this group are usually governance or utility tokens that may grant voting rights over a protocol, a share of trading fees, or incentives for providing liquidity. What unites them is exposure to on-chain trading activity rather than a single blockchain, since these protocols run across many networks. When comparing them, useful measures include trading volume, total value locked, fee revenue, the breadth of supported chains and how value actually flows to token holders. Honest context is important: DEXs introduce risks such as smart-contract bugs, exploits, impermanent loss for liquidity providers and low liquidity in some pairs. A token's price can also diverge from a protocol's underlying usage, and competition in this sector is intense, so strong activity today does not guarantee a token will hold its value.

The Decentralized Exchange (DEX) category currently tracks 4 cryptocurrencies in our database, with a combined market capitalization of $20.19B and $734.06M in reported trading volume over the past 24 hours. The largest Decentralized Exchange (DEX) asset by market cap is Hyperliquid (HYPE), at $15.90B. Over the last 24 hours 3 of these coins are up and 1 is down, an average move of +0.35% across the category.

Within the Decentralized Exchange (DEX) category over the past 24 hours, the strongest 24-hour performer is Jupiter (JUP) at +1.30%, while the weakest is Hyperliquid (HYPE) at -0.71%.

By value the category is highly concentrated: its 3 largest coins account for roughly 96.9% of the combined Decentralized Exchange (DEX) market capitalization.

In cryptocurrency markets, a category groups together tokens and coins that share a common trait — the underlying technology they use, the blockchain ecosystem they are built on, the problem they aim to solve, or the way they are issued. The Decentralized Exchange (DEX) grouping shown here reflects the classification published by CoinGecko, a widely used independent market-data provider. The table above lists every Decentralized Exchange (DEX) asset in our database, ordered by market capitalization — the current price multiplied by the circulating supply — alongside the live price, the 24-hour change, a seven-day trend line, and 24-hour trading volume, a useful proxy for liquidity and market interest.

Categories frequently overlap: a single coin can belong to several at once, so you will often find the same asset on multiple category pages, each offering a different lens on the market. Among the coins above, Decentralized Exchange (DEX) most often appears alongside Decentralized Finance (DeFi), Exchange-based Tokens, Perpetuals — listed in full under related categories below.

All figures on this page are computed from stored public market data and refreshed regularly. They are provided for informational and educational purposes only and do not constitute financial advice, a recommendation, or a prediction. Cryptocurrency prices are highly volatile; always do your own research and consider your risk tolerance before making any investment decision.