Stellar Lumens is an interesting token. At one time, it used to enjoy the greatest number of transactions in a day but that quickly changed after Solana grew in popularity. It is still quite a popular choice among developers who want to do a lot of transactions at small cost and want a blockchain that is not too clogged.
We said the same about Ethereum Classic, however there are popular decentralized exchanges for it, which is why most developers just avoid it. Stellar Lumens, on the hand, enjoys quite a lot of decentralized exchanges.
First things first, the DEX on Stellar Lumens is built-in, and these so-called DEX for Stellar Lumens act as frontend. This means all the transactions and liquidity is available at all DEXes, no matter which one you use.
However, there are a bunch that are popular among individuals as they present a better user interface and spam-filtering of tokens compared to others.
Stellar Term
This is the most popular DEX on Stellar Lumens. It is the only one listed on Coinmarketcap, an important criteria if you want to list your token on most popular coin and token tracking website in the world. Visit Stellar Term.
Stellar X
You will have to do KYC with the team at Stellar X if you want to get your token listed. It has its own following and if your token gets listed on Coinmarketcap, chances are you will be asked to do a KYC and get it listed on here as well. Visit Stellar X.
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