Best DEX to Use in 2025

1. Uniswap v4 (Ethereum & L2s)

🪙 Chains: Ethereum, Arbitrum, Optimism, Base

💡 Why it’s great:

• Massive liquidity on ETH pairs
• Uniswap v4 brings new “hooks,” lowering fees, and enabling advanced features
• Super trusted brand

✅ Best for: Large-cap tokens, DeFi users, big swaps

2. PancakeSwap v4 (BNB Chain & Multichain)

🥞 Chains: BNB Chain, Ethereum, Aptos, zkSync

💡 Why it’s great:

• Very low fees on BNB Chain
• Huge community
• Fun gamification and yield farms

✅ Best for: Retail traders, memecoins, low-fee trading

3. Jupiter (Solana Aggregator)

🚀 Chains: Solana

💡 Why it’s great:

• Aggregates liquidity from nearly all Solana DEXs
• Often finds the best price
• Fast and super cheap

✅ Best for: Solana tokens, speed, and low gas

4. Trader Joe (Avalanche + Multichain)

🥂 Chains: Avalanche, Arbitrum, BNB Chain, Ethereum

💡 Why it’s great:

• Originated on Avalanche
• Solid user interface
• Concentrated liquidity for efficient trading

✅ Best for: Avalanche ecosystem tokens, mid-size swaps

5. Curve v4 (Ethereum & L2s)

💧 Chains: Ethereum, Arbitrum, Optimism, Polygon

💡 Why it’s great:

• Best for stablecoin swaps
• Very low slippage
• Curve v4 brings lower gas and cross-chain features

✅ Best for: Stablecoin trades, whales minimizing slippage

6. SushiSwap (Multi-chain)

🍣 Chains: Ethereum, BNB Chain, Polygon, and many more

💡 Why it’s great:

• One of the OG DEXs
• Still decent liquidity
• Multi-chain flexibility

✅ Best for: Cross-chain explorers, smaller altcoins

7. 1inch Aggregator

🔎 Chains: Nearly all EVM chains

💡 Why it’s great:

• Doesn’t hold liquidity, but scans dozens of DEXs for the best price
• Can save big on large swaps

✅ Best for: Big trades where price matters

8. Raydium (Solana)

🌊 Chains: Solana

💡 Why it’s great:

• Still relevant in the Solana ecosystem
• Integrated with the Serum order book

✅ Best for: Solana DeFi veterans

9. Velodrome (Optimism)

⚙️ Chains: Optimism

💡 Why it’s great:

• Solid liquidity for Optimism tokens
• Cheap gas fees
• Popular for DeFi protocols building on OP

✅ Best for: Optimism ecosystem

10. Balancer v3

⚖️ Chains: Ethereum, Polygon, Arbitrum

💡 Why it’s great:

• Multi-token pools
• Great for project managing treasuries
• Lower slippage on custom weight pools

✅ Best for: Complex liquidity strategies, protocol treasuries

✅ How to Pick the Right DEX?

Ask yourself

• Which blockchain am I using?
• How big is my trade size?
• Do I want the lowest fees or the best user interface?
• Am I trading stablecoins or volatile tokens?

✅ Quick Recommendations

• Big ETH tokens? → Uniswap v4
• Stablecoins? → Curve v4
• Solana? → Jupiter or Raydium
• Low fees? → PancakeSwap
• Cross-chain swaps? → 1inch
• Avalanche tokens? → Trader Joe

Bottom Line

In 2025, the best DEX depends on your chain, your token, and your budget for fees. Tools like aggregators (1inch, Jupiter) make life easier — but knowing where the deepest liquidity lives is still key!