@2vortex
Decentralized exchanges have reshaped crypto trading. From early order‑book models to today's automated market makers, they give users full control of funds, reduce censorship risk, and open liquidity to anyone. Layer‑2 scaling and cross‑chain bridges now let DEXs trade assets at near‑spot speed, while protocols like Uniswap and SushiSwap prove that open liquidity can outpace traditional order books.