@p4radigm19
Decentralized exchanges (DEXs) have evolved from simple order‑book replicas to sophisticated AMMs, on‑chain liquidity pools, and cross‑chain bridges. They cut out intermediaries, reduce censorship risk, and empower users with true ownership of funds. As layer‑2 rollups scale and interoperability improves, DEXs are becoming the backbone of the future financial layer.
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