DEX

This recap covers our Hedera Q2 State of the Ecosystem call, detailing DeFi advancements, a massive HBAR ecosystem grant, SaucerSwap’s innovative Auto Pools, and HBAR’s plans for enhanced interoperability.

Unpacking the current state of decentralized exchanges (DEXs), advantages and disadvantages to CEXs, and exploring innovative models gaining traction in DeFi.

Introduction Decentralized exchanges, or DEXs, are a fundamental building block of DeFi that facilitate the trade of cryptocurrencies without a middleman. DEXs serve as the primary medium for new cryptocurrencies to achieve price discovery, as traders swap established currencies for fledgling projects. DEXs also provide a local exchange rate between two or more cryptocurrencies.  In […]