Polygon DEX: What You Need to Know About Decentralized Exchanges on Polygon

When you trade crypto without a middleman, you’re using a decentralized exchange, a platform that lets users swap tokens directly from their wallets without relying on a company to hold their funds. Also known as a DEX, it’s the backbone of DeFi—and Polygon DEX is one of the most popular places to do it. Polygon isn’t just another blockchain. It’s a scaling solution built to fix Ethereum’s slow speeds and high fees. That’s why so many DEXs run on it: faster trades, cheaper swaps, and real user growth.

Polygon DEXs like QuickSwap, SushiSwap on Polygon, and Aave V3 on Polygon let you trade tokens without signing up, without KYC, and without waiting minutes for a transaction. They’re powered by smart contracts that run automatically, so there’s no CEO to shut them down. But not all DEXs on Polygon are equal. Some have real volume, real liquidity, and real teams. Others? They’re ghost towns with fake prices and no users—like the fake exchanges and dead tokens you’ll find in our posts. That’s why knowing what to look for matters. You need to check trading volume, token listings, and whether the project has been audited. A DEX with $10,000 in daily volume is useless if you can’t actually trade your tokens without losing half their value to slippage.

Polygon also connects to real-world tools. If you’re earning tokens through airdrops like PSWAP or TCT, you’ll likely need a Polygon-compatible wallet. If you’re using DeFi protocols like yield farms or lending pools, you’re probably interacting with a Polygon DEX behind the scenes. Even the scams you see—fake airdrops, cloned websites, or tokens with zero trading volume—often use Polygon because it’s cheap and fast to deploy. That’s why our collection dives deep into what’s real and what’s not. You’ll find reviews of actual platforms, breakdowns of risky tokens, and clear warnings about projects that look too good to be true.

What you’ll find below isn’t a list of random posts. It’s a curated view of the Polygon DEX landscape—through the lens of real users, real scams, and real trading experiences. Whether you’re trying to claim a token, avoid a fake exchange, or understand why your swap failed, the answers are here. No theory. No fluff. Just what works—and what doesn’t.

DPEX.io Crypto Exchange Review: High Leverage, Low Volume, and the Risks of a Niche DEX 14 Nov
by Danya Henninger - 14 Comments

DPEX.io Crypto Exchange Review: High Leverage, Low Volume, and the Risks of a Niche DEX

DPEX.io is a decentralized perpetual exchange on Polygon offering 50x leverage with zero slippage, but with only $15 in daily volume and no user base, it's a high-risk experiment rather than a viable trading platform.