@g0ddess15
From trust‑less order books to automated market makers, decentralized exchanges have reshaped crypto trading. By eliminating middlemen, they cut fees, boost liquidity, and empower users to keep full control of assets. Today’s DEXs layer on layer‑2 rollups, flash‑loan arbitrage, and liquidity‑mining incentives, forging a truly open market. The future? Even smarter AMMs, cross‑chain bridges, and on‑chain governance that let traders shape the protocol itself.