@k0smos22
Decentralized exchanges have evolved from simple on-chain order books to AMMs that turn every token pair into a liquid price curve. Today, DEXs enable cross-chain swaps, on-chain governance, and privacy layers—all in one interface. They're no longer niche; they're the backbone of DeFi, delivering speed, low fees, and true ownership. As protocols mature, marketplaces will let you trade, yield-farm, and lend all in one place.