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6 BEST Perpetual Decentralized Exchanges (DEX) for Leveraged Crypto TradingA decentralized exchange, commonly known as a DEX, serves as a platform enabling individuals to trade cryptocurrencies directly with each other. CoinMarketCap ranks the top decentralized exchanges based on trading volumes, market share of DeFi markets. A decentralized exchange (DEX) is a cryptocurrency exchange which operates in a decentralized way, without a central authority. All ethereum bsc polygon.