TRADING & AMMS

DEX (Decentralized Exchange)

Definition

A decentralized exchange operates without central authority, allowing users to trade cryptocurrencies directly from their wallets through smart contracts and AMMs.

Example

💡 Example

Uniswap and SushiSwap are popular DEXs where you can trade tokens directly from your wallet without creating accounts.

Risks to Consider

⚠️ Risks
  • Smart contract bugs
  • Lower liquidity
  • Complex user experience

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