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  • 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 ...
    #Ston Academy 2 min readFeb 4
  • Types of DEXs
    We will examine two types of decentralized exchanges: 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 takes place only when ...
    #Ston Academy 2 min readFeb 2

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