The Future Of DeFi Is The AMM
The explosion in popularity of DeFi has been one of the biggest revelations over the last year. DeFi's total value has increased from $1.5 billion to an incredible $63 billion on just the Ethereum Chain. The evolution of decentralized exchanges (DEXes) has been crucial to the rise in DeFi. All the processes offered by DeFi, such as trading and staking of tokens, are facilitated by a DEX. It is the DEX that has brought crypto away from the centralized exchange and created the entire decentralized ecosystem.
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