Where can I swap Algorand? Binance is the leading exchange for Algo in terms of trading volumes and staking rewards. There are 3 trading pairs: ALGO/USDT, ALGO/BTC and ALGO/BNB.

How do DEXes work? A decentralized exchange (better known as a DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto's core possibilities: fostering financial transactions that aren't officiated by banks, brokers, payment processors, or any other kind of intermediary.

What percent of wallets for the new DEXes had previously used Tinyman to perform a swap?

According to my observations, 76.38% of these charters have already used the Tinyman exchange, and this shows the good performance of this exchange.