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How to start your own decentralized exchange like Uniswap ??

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troubled soul

troubled soul

👁️ Quiet Authority
Aug 23, 2020
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Has anybody have experienced in developing decentralize exchange with minimum effort??
Like white lable or some short of partnership.
To earn some passive income from swap commission.

Do anyone have idea about it??
 
@James Spader give this man mentor group gold before the forum crashes because of these‌ spams nai¤% rof/%.

@azb1, no, there's no such thing as minimum effort in DeFi, minimum‍ effort means asking to get hacked. It's not passive income, it's active income, it will⁠ take a lot of time out of your hands to keep it going.
 
Thanks for Kind word.. This post also counts.
😎😎😎😎

But back to the⁣ topic, There are many clone of Uniswap available. My question is Do anyone try ?⁢
Like simplex Give you API partnership,, If you build simple swap application. It will generate︀ Passive income .

When YOu have white lable or partnership API, You do not have︁ to worry about the hack . It is provider's headache.

p.s. There is no harm︂ in being "competitive"
 
I'm a developer myself, and I cloned Uniswap and created my own DeX for a‌ small group of friends to manage. I can agree with @diatessaron about the fact that‍ it's a LOT of work to bring in users and manage everything. Wouldn't recommend it⁠ unless you already have a userbase that can benefit from a DeX.
 
As a developer I can say is easy and hard, what I mean with this‌ is that starting it out is easy because you can just clone others and change‍ the UI... The problem is actually getting traction, since everybody can just clone it then⁠ it means competition is hard and I will trust Uniswap/etc than a brand new DEX⁤
 
It is easy bc it has been done a gazilion times‍ already. And you can just copy code.
And due to that fact, competition is intense.⁠
 
Or to‌ have some hacker rob you off hundreds of thousands of dollars, or millions, if he‍ finds a mistake.

I don't understand.
"for a small group of friends *to manage*" --> manage what? your DEX?⁤ meaning, you've created a free job for them - to manage your DEX? 🙂
 
I mean, possibly.. My email‌ is in my about page if you'd like to talk about it 🙂

1. I made zero modifications to the⁢ code, so it's using the exact same secure code as Uniswap is.

2. I don't︀ understand
 
Can you guide us...??‌ Sorry for ignorance.. how to do it?? Google search Clone script asking money.. can you‍ do it by yourself???
 
Azb1 the code that is open source, like uniswap is publicly available usually on github.‌ Part of the reason code being open source is that it's easy to be audited‍ for security. I think they made some changes to their license after sushi swap to⁠ prevent copying and hurting them but I'm not sure how it actually works. Anyway the⁤ code is here Uniswap Labs and cloning it means just downloading it. You have to⁣ change some things, like for example where you will be hosting it. For that part⁢ you need developer. But the logic for swapping and everything is already made and universal.︀
 
Uniswap codes are all open source (available for free online):
https://github.com/Uniswap
There are many video‌ guides on youtube





But making something work is one thing - making it stable and‍ secure is a totally different thing!
 
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