How DEXs Fuel the Development of the Decentralized Internetby@anton-dzyatkovskii
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How DEXs Fuel the Development of the Decentralized Internet

by Anton Dzyatkovskii6mMay 9th, 2021
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Decentralized exchanges (DEXs) allow users to exchange crypto assets on a peer-to-peer basis, through on-chain or off-chain order books or via an automated market maker approach (liquidity pools) The top 10 DEXs trading volume is significantly inferior to the volume on the top 10 CEXs, with a ratio of $0.104 trillion to $1.44 trillion respectively, as of March 2021. DeXs are having a greater impact on the development of the blockchain space and the decentralized internet.

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Anton Dzyatkovskii

Anton Dzyatkovskii

@anton-dzyatkovskii

CEO and co-founder of Platinum Software Development Company. Blockchain enthusiast, blogger.

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Anton Dzyatkovskii HackerNoon profile picture
Anton Dzyatkovskii@anton-dzyatkovskii
CEO and co-founder of Platinum Software Development Company. Blockchain enthusiast, blogger.

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