DEXs Are Winning Against CEXs By Reducing Slippage And GAS costs

The DeFi world has witnessed a rapid growth from its number of protocols and amount of TVL. 10x of new protocols in numbers have been deployed in DeFi this year, and so is the DEX secto, from 24 in January to 269 in November. DEXs have currently contributed 30% to the overall DeFi industry. However, many people argue that DEX cryptocurrency trading will never replace CEXs because they lack efficient market maker mechanisms. In this article, we will explain how DeXs are solving these two major problems.

Footprint Analytics

Footprint Analytics is an all-in-one analysis platform to visualize blockchain data and discover insights.

Related Stories

Tags

DEXs Are Winning Against CEXs By Reducing Slippage And GAS costs
Source: Super Trending News PH