Too Long; Didn't Read
Decentralized Exchanges From A DeFi Perspective: A Comparison. Exploring the best DeFi has to offer. Decentralsized exchanges (DEXes) are all the rage in the present decentralized finance (DeFi) industry. These exchange markets do not rely upon a third-party service provider to hold customer funds. Instead, in DEXes, funds are traded in a direct peer-to-peer (P2P) manner via automation without any form of central authority. DeFi users do not need to trust the exchange or a third party to hold their funds.