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What are decentralized exchanges, and how do DEXs work? - Cointelegraph
Decentralized exchanges, also known as DEXs, are peer-to-peer marketplaces where cryptocurrency traders make transactions directly without handing over management of their funds to an intermediary ...
What is a DEX? | Coinbase
A decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary.
Top Decentralized Exchanges Ranked by Volume | CoinGecko
We track 795 decentralized crypto exchanges with a total 24h trading volume of $6.57 Billion, a 9.72% change in the last 24 hours. Currently, the DeFi volume dominance is at 6.6%, and the 3 largest decentralized exchanges by volume are Uniswap V3 (Ethereum), Jupiter, and Orca. $445,717,544,380,793. DEX 24h Trading Volume 9.7%.
What Is a Decentralized Exchange (DEX)? - Decrypt
Discover SCENE. A decentralized exchange or DEX is a place where people can go to trade cryptocurrencies without an intermediary. To better identify what a decentralized exchange is, it’s important to first understand how centralized exchanges work.
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