@k1netic11
Decentralized Exchanges have reshaped crypto trading. By removing intermediaries, they offer permissionless, lower‑fee swaps and on‑chain transparency. AMMs and liquidity pools give new ways to earn, yet expose traders to impermanent loss and slippage. The next wave will bring layer‑2 scaling, cross‑chain bridges and composable DeFi, making swaps faster, cheaper and more interconnected.