The Rise of DEX: Exploring Decentralized Exchange Development Trends
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Over the past few years, cryptocurrencies have seen a major shift from centralized to decentralized systems, particularly in the trading sector. Centralized Exchanges (CEXs), which long dominated the market, are now facing strong competition from Decentralized Exchanges (DEXs). This transformation is largely driven by the rise of Decentralized Exchange Development , aimed at creating secure, permissionless, and fully transparent trading platforms. In this article, we explore this ongoing revolution and examine the key trends shaping the future of DEXs. Understanding Decentralized Exchange Development Decentralized Exchange Development is defined as the development of blockchain-based trading platforms for users to buy, sell, and swap digital assets directly from their wallet, no third-party intermediary is needed. DEXs are built with smart contracts and operate on a decentralized network that is referred to as trust less and safer. Notable characteristics of DEXs: No centralized cont...