There is no "catch". There are no hidden "fine print". There is only real revenue. Keep reading to know how LeoDEX offer zero fees with best in class price execution. I will get straight to the topic and dissect how zero fees on a world class DEX is sustainable.
Most users only want to go from asset A to B. Facilitating this is the simplest offering of cryptocurrency exchanges. LeoDEX merely decides to offer this basic service for free while earning revenue through many other sources. There is even an upcoming LeoMerchants protocol that offer POS services directly competing with Visa and Mastercard.
Free Swaps Forever Powered by THORChain
LeoDEX does not require anyone to own any $LEO to access any of the benefits. Basic swaps powered by THORChain have zero fees. No other cross chain DEX interface offer a better deal. There are only 3 steps.
- Visit https://thorchain.leodex.io and connect your wallet
- Select the two assets to swap from any supported blockchain
- Complete the swap at world class price execution
Users can connect upto 2 wallets and even select the destination wallet address. Most DEX interfaces only allow to swap within user's connected wallet. LeoDEX is among the few that offer users to go from one asset on one wallet and go to different asset on a different wallet. This is one more fee (and time) saved by skipping the asset transfer transaction.
If users decide to send some cryptocurrency later, the feature is available on LeoDEX along with a list of contacts that can be saved for convenience. Aside from this, there is the Dashboard for your assets + another Dashboard for TCY. LeoDEX was one of the first in the world to offer a TCY Dashboard. If you want the latest and greatest of THORChain, become a user on LeoDEX and pay zero fees on swaps.
How Does LEO Make Money If Trading is Free
LeoDEX offer some of the cheapest fees for trading through other cross chain protocols. If THORChain does not have the asset a user need, they can visit the paid experience where they have access to 4 protocols in one place.
- @mayaprotocol (Decentralized)
- Chainflip (Decentralized)
- Rango
- Relay
There is a link from https://thorchain.leodex.io that lead to one of the fasted growing and cheapest DEXs in the cross chain space. There is no need to take my word for it. The data on xScanner can be tracked by anyone.
Compared against the fees of all the other competitors. Even when LeoDEX is not free, it is ultra cheap! Streaming swaps are on by default to ensure the best prices. Not only the fees are lower, the trades themselves have minimum slippage. All you have to do is wait a few minutes for the steaming swap to complete. LeoDEX offers a royal user experience.
2nd Biggest @mayaprotocol DEX and Cheapest Web DEX
The market has votes with their wallets. Asgardex is a wallet users have to download. It is not a website users can visit for a simple swap. The above are 30 Day statistics. LeoDEX ranking at 2nd place is not some outlier event. This is consistent performance from a newcomer that has only been a cross chain DEX for a short while of its 6 year existence. More details on those 6 years later. Time for other exclusive services.
Services to Pay For
LeoDEX is offering QR code based swaps using disposable Keystore wallets that stay in the browser. Users can swap Dash and Zcash without even connecting a wallet. All they need to do is send a transaction by scanning a QR code in LeoDEX. This is a service worth paying for. A simple everyday swap on THORChain is free.
LeoMerchants Brings DEXs to Retail
The shop owners are shielded from the complexities of using cross chain DEX infrastructure. All they know is that they can select a receiving currency and the customers can select whatever the cryptocurrency they intend to pay with. Merchants get charged 1.5% (half of what Visa and Mastercard typically charge).
LeoDEX does not have to charge for facilitating THORChain swaps. It is too large of an ecosystem to worry about charging for simplest of features.
Check Out INLEO Revenue
There is a System Income Reward Pool (SIRP) that is generating revenue as a blockchain social media project on HIVE. @leo.voter is earning Curation Rewards and there is INLEO Premium charging users for extra features. This is a social media that store you text (including links to video, audio, pictures) on a blockchain that is feeless. __INLEO can cover your Resource Credits. Users who join through this link do not even have to stake $HIVE to make feeless transactions.
Above is my Premium purchase I made today. There is an yearly option for $100 and the settlement is handled by LeoDEX infrastructure if paid in anything other than $HBD for Premium. Consider this a prototype of LeoMechants Protocol. The project is actively being developed and tested. The full launch should take some time.
AI Agents + DeFi Use Cases
@askrafiki was built using Meta's Llama and there are other simpler agents such as @leo.alerts that track and post when Protocol is purchasing $LEO on various blockchains. It is a rabbit hole that I will leave for the readers to explore. @leostrategy is a DeFi venture that is comparable to Strategy (formerly MicroStrategy) or Berkshire Hathaway Inc. You may start your LEO rabbit hole here.
Conclusion
https://thorchain.leodex.io offers free trading powered by THORChain without any conditions because it is only a small part of LEO ecosystem that has its paws across blockchain social media, merchant POS, AI agents and advanced DeFi features that are not seen anywhere else on web. LeoDEX is among the cheapest options at all of the above mentioned.