Decentralised Exchanges are slowly taking over. With the recent events of FTX, the cryptocurrency industry has come to appreciate the importance of self-custody and not trusting third parties.
In this episode, we briefly explore DEXes, the features of a DEX, why you would use a DEX and some drawbacks of DEXes.
Collective Shift Resource:
https://collectiveshift.io/defi/dex/what-is-a-decentralised-exchange-dex/