
DEX Decoded: Your No-Nonsense Guide to Decentralized Swaps
Decentralized exchanges (DEXs) have quickly become the bedrock of the decentralized finance (DeFi) ecosystem. They’re a fundamentally different way to trade cryptocurrencies than centralized exchanges (CEXs). DEXs eliminate intermediaries by leveraging blockchain technology to facilitate direct peer-to-peer trading between users. This obviates the need for a central party to facilitate...