Rubic vs 1inch, Uniswap, and More: Choosing the Best Decentralized Exchange (DEX)

TL;DR

Choosing the right DEX can be tough! How Rubic is different from 1inch, and Uniswap.

• Rubic: Best rate finder with cross-chain support across 80+ networks, high liquidity, and low fees ($1-2 fee).
• 1inch: User-friendly DEX aggregator with good rates, but no cross-chain support (multichain presence on 10+ networks, without an opportunity to bridge). (Fees vary)
• Uniswap: Great for token swaps on 9 networks with high liquidity, but no cross-chain and less anonymity. It’s not an aggregator and represents the biggest, but still a single DEX (0.3% fee).

Consider your needs and choose the exchange that best suits it.

Regardless of whether the market is in a bullish or bearish phase, the overall number of participants in the crypto market have been consistently rising. To accommodate these new users, there is also a growing number of platforms that can be used to exchange crypto tokens. When it comes to exchanging crypto tokens, there are two broad categories of exchanges you can use, Decentralized or Centralized. With the rise of crypto awareness, the demand for Decentralized Exchanges (DEXs) has also been taking an upward trend. DEXs give you more control over your crypto assets compared to traditional centralized exchanges. However, choosing the right platform can be overwhelming. 

This article dives into the three best decentralized exchanges: Rubic, 1inch, and Uniswap. We’ll look into their functionalities, strengths, and weaknesses to help you decide which DEX best aligns with your trading needs. 

What is Rubic?

Rubic is a decentralized crypto exchange aggregator that pulls exchange trade data from over 200+ decentralized exchanges, 20+ bridges, 80+ networks and 15,500+ tokens. The platform helps you find the best possible rates and liquidity across different DEXs so that you can make the maximum out of your trade. For you as a trader, you no longer need to roam around different platforms to find the best possible prices. Instead, you can compare the prices of all the prominent exchanges in one place. Rubic also has multiple security measures in place, such as smart routing, to ensure your fund’s safety. 

What is 1Inch?

1inch is another prominent player in the DEX landscape. Similar to Rubic, it functions as a DEX aggregator, scouring various DEXs to find the most favorable rates for your crypto trades. 1inch is known for its user-friendly interface and efficient routing protocols, making it a popular choice for many traders. However, you cannot make cross-chain swaps with 1inch. Having said that, the platform is looking to address these shortcomings with some upcoming updates.

What Is Uniswap?

Uniswap, a pioneer in the DEX space, operates on a different model. It’s an Automated Market Maker (AMM) protocol initially built on the Ethereum blockchain, but now it’s a multichain app on 9 chains (with no cross-chain functionality). This means users swap tokens directly from liquidity pools, bypassing the need for traditional order books. Uniswap is known for its high liquidity, particularly for ERC-20 tokens, making it a go-to option for many trades primarily trading in popular ERC-20 tokens.

Why Choose Rubic Over Other DEXs (Like 1inch or Uniswap)?

While exchanges like 1inch, Uniswap, and Motcha are strong contenders, Rubic offers several compelling advantages. Some of them are as follows:

• Cross-Chain Swaps across 80+ chains: Rubic transcends the limitations of single blockchains. It facilitates trades across prominent networks like Ethereum, Binance Smart Chain (BSC), Polygon, and more, catering to a wider range of crypto projects and enabling traders to perform on-chain and cross-chain swaps with one click.

Additionally, Rubic is quick to add new, hyped chains. So if you farm airdrops or hunt for gems on new networks, it should be your go-to place without hesitation.

• 15,500+ tokens: You can swap virtually any token if you know the contract number or if it’s listed on any of the 200+ DEXs integrated into Rubic.
• Rubic’s Metamask Snap: Pick and choose the most cost-efficient swap rates across 200+ DEXs directly within your MetaMask Wallet.
• MEV-bot protection: When you engage in a swap exceeding $1,000, our platform takes a proactive approach to safeguard your funds. A specially designed window will automatically appear, presenting you with the option to activate Private RPC for enhanced fund protection.
• Amplified Liquidity: By aggregating over 200+ DEXs, Rubic offers unparalleled liquidity, ensuring smoother trades and minimizing the impact of slippage (the difference between the expected price and the actual price received during a trade).
• Best Rate Finder: Rubic’s precisely designed algorithms constantly scan various DEXs to identify the most advantageous rates for your trades and cross-chain swaps. This ensures you’re getting the most out of your crypto swaps.
  

Table comparing Rubic, 1Inch and Uniswap

Feature	Rubic	1inch	Uniswap
Type	DEX Aggregator	DEX Aggregator	Automated Market Maker (AMM)
Supported DEXs	200+	Varies	N/A
Supported Blockchains	80+ including Ethereum, BSC, Polygon, etc.	10+ EVM-compatible blockchains such as Ethereum, BSC, Avalanche, etc.	Ethereum + 8 popular EVM networks
Liquidity	Highest	High	High (for ERC-20 tokens)
User Interface	User-friendly	User-friendly	Simple
Fees	$2 for a cross-chain transaction and $1 for an on-chain transaction.	The fees depend on Liquidity and are included in the prices of cryptocurrency.	0.3% fee for swapping tokens
Best Rate Finding	Yes	Yes	No
Cross-Chain Swaps	Yes	No	No

Rubic vs Other DEXs – Which Should You Pick?

Choosing the ideal DEX hinges on your specific needs. Consider the following pointers to help you decide:

• For Best Rates and Unmatched Liquidity: Rubic emerges as the champion, offering the most competitive rates and unparalleled liquidity due to its DEX aggregation capabilities.
  
• For Simple Swaps with High Ethereum Liquidity: For straightforward swaps within the EVM ecosystem, Uniswap can be a good option, especially for ERC-20 tokens.
  
• For User-Friendly Interface and Flexibility: Both 1inch and Rubic have a user-friendly interface, making them accessible for both seasoned traders and newcomers. However, Rubic’s cross-chain support and MEV-bot protection features provide an edge for those seeking a more versatile and anonymous trading experience making it the best contender as a 1Inch alternative.
  
• For Advanced Traders: Rubic presents a great opportunity for advanced traders to make the maximum profit out of their trades by enabling them to find the best rates across 200+ DEX. Further, exchanges like 1Inch and many other CEX come with restrictions in the USA. On the other hand, Rubic offers its users a hassle-free trade experience.

Conclusion

The crypto market offers a plethora of opportunities to earn and swap your crypto. Understanding the strengths and weaknesses of different platforms equips you to make informed decisions for your crypto trading journey. By prioritizing your needs for liquidity, privacy, supported blockchains, and user experience, you can select the DEX that best aligns with your trading goals. Remember, the world of DeFi is volatile, so staying informed and conducting thorough research is crucial for a successful crypto trading experience.

Rubic stands out amongst the best DEX aggregators by providing unique features like cross-chain swaps across different blockchain networks and helping traders with the best rates. 

Do your own research and see why many are choosing Rubic for cross-chain swaps and decentralized trading!

FAQ

Why has Rubic considered a strong alternative to 1inch and other DEX aggregators?

While both 1inch and Rubic excel at finding the best rates, Rubic offers several advantages:

• Unmatched Liquidity: By aggregating over 200 DEXs, Rubic has the potential to provide better liquidity compared to 1inch, potentially minimizing slippage.
• Crosschain Support: Rubic facilitates cross-chain swaps, a feature not readily available on 1inch.
• MEV-bot protection: Rubic allows protection against sandwich attacks by turning on a private RPC.

Are decentralized exchanges better than centralized exchanges?

Both DEXs and Centralized Exchanges (CEXs) have their pros and cons. DEXs empower users with control over their crypto, while CEXs offer a more streamlined experience with lower fees. The choice depends on your priorities.

How do Rubic’s fees compare to those of 1inch and Uniswap?

The fee can vary depending on the platform and the Liquidity Pool you choose. For example, with Uniswap the swap fee is generally 0.3%, on certain trading pairs it is only 0.25%. However, after the latest Uniswap update liquidity providers can decide the fee at their discretion as they find the most competitive. 

The fees on 1Inch depend on the Liquidity Pool you’re sourcing liquidity from and are included in the prices of cryptocurrency. The cost is generally included in the prices of cryptocurrency.

Rubic offers one of the most cost-effective and simple fee structures. It is $2 for a cross-chain transaction and $1 for an on-chain transaction. A flat fee rate and best rate finder make it a preferred choice for traders to execute high-volume trade.

Can I trade any cryptocurrency on Rubic, 1inch, and Uniswap?

You can trade almost all the popular ERC-20 tokens on Uniswap. However, it is important to consider the size of a liquidity pool before executing your trade. On the other hand, DEX aggregators like 1Inch and Rubic can offer a multitude of cryptocurrencies. However, Rubic stands out by helping you trade more than 15500+ cryptocurrencies. It has one the largest networks of 200+ DEX, 70+ Blockchain, and 20+ Bridges.