DEXes

Decentralized Exchanges (DEXes) differ from centralized exchanges in that they feature a completely decentralized trading process. As DEXes play the role of liquidity provider for lending and derivatives in decentralized finance, they have become more and more important to the DeFi revolution. At present, DEXes primarily include automated market makers (AMMs), proactive market makers (PMMs), and order book exchanges.ДетальнішеПоказати менше