Best For

      Intermediate Traders
      Advanced Traders
      Privacy Focused Traders
      DAI Holders
      Retail Lenders

OasisDEX (Oasis Trade) originally launched in Q1 2017 as the first fully on-chain decentralized exchange (DEX) built on the Ethereum blockchain. The exchange underwent a rebrand to Oasis Trade following an operational shutdown by developers in January 2019 and is now a multifunctional platform enabling users to trade, borrow, and earn interest on DAI.

Oasis Trade Exchange - 2020 Comprehensive Review

Overall Score:

7
Trusted
Liquidity:
6 of 10
Purchase Options:
5 of 10
Ease of use:
6.5 of 10
Trust:
6 of 10
Fees:
9 of 10
Support:
6 of 10

Oasis Trade Exchange Overview

Trading Fees Maker: 0% / Taker: 0%
Exchange Type Decentralized
Fiat Trading No
Purchase Options Crypto Deposits
Android App No
iOS App No
Trading Options Spot Trading
Order Types Limit, Market
Exchange Token No
Token Benefits NO TOKEN
Charting Software Custom
KYC Check No
KYC Rules No KYC Requirements
IEO Platform No
Education Resources No
Convert Micro Balance No
Institutional Accounts No
Trading API Yes
Deposit Insurance No
Withdrawal Speed Fast
Customer Service Forums
Promotions Earn 4% Interest on DAI deposits.

Oasis Trade Trading Fees (Maker & Taker)

TierMonthly Volume Requirement Maker Taker Maker
Discount
Taker
Discount
Tier 1All Volumes0% +
Gas Fees
0% +
Gas Fees
--

Oasis Trade has no trade fees. All trades are free for takers and makers. The only fees in the exchange are the standard network gas fees of any decentralized exchange when moving your funds to and from the trading contracts.

Oasis Trade Withdrawal Fees

Users participating in token swaps do not have to deposit or withdraw funds directly on Oasis Trade. All trades are executed on the Ethereum blockchain by smart contracts. The only ‘withdrawal fee’ is the gas required to transfer the funds from the Oasis Trade smart contract.

Oasis Trade Markets & Volume

Rank

Total Assets

Total Markets

Volume 24h

$0.00

Volume 7d

$0.00

Volume 30d

$0.00

Oasis Trade Top Markets

Crypto AssetsPricePairs24h Volume
EthereumETH$0.000$0.00

Oasis Trade Supported Stablecoins

Stablecoin AssetsPricePairs24h Volume
USD CoinUSDC$0.000$0.00
DAIDAI$0.000$0.00

Oasis Trade Exchange Alternatives

Rating7/107.5/106/10
Trading FeesMaker : 0%
Taker : 0%
Maker : 0%
Taker : 0%
Maker : 0.1%
Taker : 0.2%
Fiat TradingNoNoNo
Purchase OptionsCrypto DepositsCrypto Deposits, Credit CardsCrypto Deposits
Trading OptionsSpot TradingSpot TradingSpot Trading
IEO PlatformNoNoNo
Mobile AppsNoYesNo
HeadquartersSwitzerlandSingaporePanama
Learn MoreReviewReviewReview

Pros and Cons

Pros

  • Low Trading Fees - Oasis Trade does not charge platform based trading fees. Traders only pay a small gas fee when exchanging crypto assets.
  • Limit Orders - The exchange offers non-custodial limit orders, a trading option which is not commonly found on decentralized exchanges.
  • Transparency - All trades and order book data can be verified via the Oasis Trade smart contract address on block explorers such as Etherscan.
  • Lending - Users can earn interest on their DAI balances via the Oasis Save system directly on the exchange.
  • Loans - Users can obtain DAI loans via the Oasis Borrow system directly on the exchange.
  • Privacy - Users do not need to sign up for an account or complete a KYC process in order to trade.
  • DAI Liquidity - Oasis Trade has the largest on-chain liquidity pool for the ETH/DAI market.

Cons

  • Trading Costs Dependent On Gas Fees - Increases in the amount of traffic on the Ethereum blockchain can lead to higher trading costs on Oasis Trade.
  • Native Ethereum Assets Only - Oasis Trade does not currently support any non-ERC20 crypto assets.
  • Limited Markets - Oasis Trade has far fewer listed trading pairs compared to most decentralized exchanges.
  • Liquidity - Oasis Trade has several markets with very limited liquidity.
  • Trading Requires Wrapped Ethereum (WETH) - Users cannot directly trade Ethereum (ETH) via market orders on Oasis Trade

Frequently Asked Questions

Is Oasis Trade safe?

Is Oasis Trade actually decentralized?

Can I swap SAI for DAI on Oasis Trade?

Is OasisDEX a protocol or an exchange?

Does Oasis Trade have a mobile app?

Summary

The decision by the MakerDAO development team to restructure OasisDEX into a more complete decentralized finance platform marked an important milestone for the project.

With a core focus on DAI, the platform regained its position as one of the top ERC20 focused decentralized exchanges by trading volume and in addition, added interest accounts and loan functionality.

Overall, Blockfer recommends Oasis Trade for privacy focused users looking to transact with DAI in the form of loans, lending, and trading. Altcoin traders will likely find better exchange options. Trading volume for non-DAI pairs is far below the industry average and users will need to wrap and unwrap ETH for market order trades.

Learn More Best Features

Oasis Trade Official Website

  • 0% trade fees on both Maker / Taker orders.
  • One of the largest decentralized, non-custodial exchanges.
  • Great liquidity on ETH/DAI market.

Legal & Regulation - Facts & Figures

Legal Name MakerDAO Foundation
Incorporated Country Switzerland
Headquarters Santa Cruz, CA United States
Year Founded 2014
CEO Rune Christensen
Total Employees 50-100
Regulators Not Regulated
Links Website, Crunchbase, Source code, Twitter, Blog, LinkedIn

Methodology: How We Review And Compare

Our mission is to provide the most informative, unbiased, and useful reviews and comparisons possible for products and services in the blockchain finance industry. Assessments are powered by experts with years of relevant experience.

The decentralized cryptocurrency exchanges found in this category have been tested extensively by our team as part of the review process. Factors we analyze in our decentralized exchange reviews and comparisons include: liquidity, user experience, trading fees, trading options, listed assets, reputation, and wallet integrations.

The Blockfer Promise: We do everything in our power to keep content up to date and in the best interests of our audience. Blockfer does not shy away from poor ratings. Products or services that do not meet our reputability standards will be rated as 'Not Trusted'. Compensation from partners does not, and will never, effect our review process.

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