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Why DePIN Will Be Bigger Than DeFi By 2025Uniswap. Uniswap is the biggest decentralized exchange for Ethereum by total value locked, with a TVL of more than $4 billion! This makes it an excellent. Breaking into the blockchain era with the new decentralized trading protocol! Position Exchange is a Decentralized Crypto Trading & Exchange platform. We found that dYdX is the best decentralized exchange for trading crypto derivatives. The platform specializes in perpetual contracts, which are.