Top 10 Best DeFi Dapps with Low Trading Fees

Here’s our roundup of the best DeFi dapps with low trading fees

Unforeseen fees and hidden costs can make exchanging and swapping cryptocurrency a more expensive venture than it seems at first glance. So we’ve created a list of the top 10 DeFi dapps with low trading fees to help you navigate your route to the best price.

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Name Price24H (%)
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Bitcoin Cash (BCH)
Dash (DASH)

Pancake Swap (BSC)

PancakeSwap is one of the most well-known and certainly the most visited DeFi dapp out there. It tops the SixthSense platform rankings page with 2.88 million monthly users. Built on the Binance Smart Chain (BSC), PancakeSwap is an automated market maker (AMM) where people can exchange tokens and cryptocurrency.

Trading Fee: 0.25%

Trader Joe (AVAX)

Built on AvalancheTrader Joe calls itself a ‘one-stop-shop decentralized trading platform’. Users can trade, farm, stake, lend and launch tokens, all in the same place. Of the 0.3% fee that users pay to trade on the Trader Joe, 0.25% goes to liquidity providers while 0.05% goes to JOE stakers. JOE is the native token of the exchange.

Trading Fee: 0.3%

QuickSwap (Polygon)

QuickSwap began life in October 2020, four months after the Polygon mainnet went live. With $691.86 million in total value locked (TVL) and a market cap of $209.48 million, it’s a seriously big player in the decentralized exchange space. QuickSwap promises ‘lightning-fast speeds with near-zero gas costs’. Sounds like a very good deal.

Trading Fee: 0.3%

Katana (Ronin)

Katana’s name is taken from the long, single-edged sword that Japanese samurai wield in combat. And this platform is certainly taking a sizable slice of the decentralized exchange market. With $175.11 million in TVL and a current balance of $544.3 million, Katana had over 81,000 users during the past seven days. This is the third highest usership for all decentralized exchanges across all blockchains on the SixthSense DeFi rankings.

Trading Fee: 0.03%

Alcor Exchange (Wax)

Alcor Exchange’s main focus is self-listing. There are a range of fees for using Alcor Exchange, depending on the nature of the transaction. There’s a 0.3% fee for swapping, which gets divided among liquidity providers. For over the counter (OTC) transactions, Alcor Exchange charges a 0.25% fee for both tokens, if the amount is sufficient. For small OTC transactions, no commission is charged. The platform also offers zero-fee NFT trading.

Trading Fees: 0% – 0.3%

Raydium (Solana)

Number 1 on SixthSense’s DeFi rankings for volume traded on its platform over the past seven days, Raydium is built on the Solana blockchain. It shares liquidity with the Serum decentralized exchange which gives both platforms enormous financial clout. By combining Serum’s traditional order book mechanism and the more flexible AMM method, Raydium offers fast, secure and low-fee transactions.

Trading Fee: 0.25%

ApeSwap (BSC)

ApeSwap is built on the BSC and Polygon. The platform is currently incentivizing users to pool liquidity by offering huge returns with yield farming. Take a look here at the deals currently on offer through the platform. The best rate is paid out in ApeSwap’s native token, the aptly-named BANANA.

Trading Fee: 0.2%

1inch Network (multichain)

1inch Network is not currently licensed to operate in the US. But for the rest of the world, the decentralized exchange offers zero-fee trading and helps users find the best rates on the market. The platform is a ‘decentralized exchange aggregator’ which means it searches across all platforms to finds the best price for users at that moment in time. The truly decentralized nature of the 1inch Network means those new to blockchain technology should tread carefully. Fewer rules means more freedom, but also less security.

No trading fees.

Sushi (multichain)

Sushi began life as the offspring of Uniswap when it forked from the latter and became its own platform. Sushi offers trading and swapping across multiple blockchains. By using bridging tokens, and timing their trades right, users can circumvent the higher fees that centralized exchanges often charge.

Trading Fee: 0.3%

Orca (Solana)

Over the past 30-day period, Orca’s user numbers have increased by 58.3% to 69,240. This puts it at number 3 on the SixthSense Solana DeFi rankings. Orca has a very low market cap/TVL ratio of 0.79 which shows that the platform has massive potential to grow. The native token is ORCA is on a five-month downward trend but the exchange itself has maintained a strong TVL since the beginning of 2022.

Trading Fee: 0.3%

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