Decentralized exchanges where you trade from your own wallet without an account.
We swapped ETH for stablecoins on Uniswap's web app, opened a liquidity position to see the real fee tiers, and tracked a sandwich attack that cost another trader $215,000. Here is when a direct swap beats routing a trade through an exchange.
We opened positions on Hyperliquid's own chain and checked its order book against Binance before writing this. The venue undercuts Binance on fees and settles trades on-chain, but a $12 million vault loss in March 2025 is part of the record too.
Jupiter routes almost every Solana swap through the venue with the best price, charging as little as 0 basis points on some pairs. It also lets a first-time user open a 250x leveraged position two taps away from the same screen, and we tested both sides.