What AMM DEX is
Here we will talk in more details about the AMM DEX protocol, which automatically calculates the cost of your assets and turns the decentralized exchange into a convenient currency exchange office. Simply put, an AMM (automated market maker) is a robot that quotes a price for an asset. This is ...
Types of DEXs
We will examine two types of decentralized exchanges: Orderbook DEXs AMM DEX Orderbook DEXs resemble centralized exchanges (CEX) in their interface and operational principles. Trading participants place their orders to buy or sell their cryptoassets on the exchange, and a deal is reached when the stated prices match. The transaction ...
