Dystopia is a decentralized cryptocurrency exchange (DEX) that supports the peer-to-peer trading of digital assets. The exchange was built by Tetu Teams. Dystopia is focused on providing efficient tokens and deep liquidity for stablecoins and other assets.
Like most DEXs, Dystopia crypto exchange does not require its users to verify their identities in compliance with KYC and AML regulations. Instead, any user can connect their wallets and begin trading. Dystopia does not explicitly prohibit users from any jurisdiction from accessing the platform and its services. However, users can research laws and regulations in their country of residence and form their opinion on the permissibility of Dystopia crypto products. Dystopia crypto exchange is available online and can be accessed on a desktop.
Markets
Dystopia offers spot trading. Dystopia spot enables easy and safe swapping of cryptocurrency assets without leverage. Dystopia crypto exchange leverages an Automated Market Maker (AMM) to build liquidity through liquidity pools. To create deep liquidity, the smart contract incentivizes liquidity providers. Deep liquidity enables low-slippage trades.
Dystopia trading pairs include crypto-to-crypto markets. As of writing, the platform supports 27 tokens (this number may change as the platform continuously updates the list of the supported assets). The supported assets are spread across 198 pairs.
Dystopia token (DYST) is the exchange's native token. The project launched the token in 2022. DYST is a governance and multi-utility asset. Users can stake the token to receive incentives. Dystopia crypto price is available on the live chart here.
Dystopia crypto exchange focuses on closely related assets with a 0.05% trading fee. This allows users to enjoy low Dystopia exchange fees. The platform also enables users to execute very large and small trades without experiencing high slippage.
Other Services
Besides token swapping, Dystopia offers users an opportunity to earn by providing liquidity. You can create liquidity on the exchange by locking your tokens in the liquidity pools. Liquidity providers earn from Dystopia crypto fees.
Users can also stake the DYST token to earn rewards and governance rights. Each locked position is created and represented as an NFT. Therefore, users can hold multiple locked positions.
About the Company
Dystopia DEX launched in 2022 on Polygon. The platform is based on Uniswap v2 and Curve Stable Swaps. The project was built by Tetu Team.
Daily Dystopia trade volume is displayed above. Live Dystopia volume for each token and pairs are also in the charts above.
Dystopia development is spearheaded by the Tetu team led by Belbix. There is little public information about this team.
