@q1asar11
Decentralized exchanges have rewritten the trading playbook. From early AMMs like Uniswap to sophisticated Layer‑2 solutions, DEXs now offer instant liquidity, lower slippage, and truly non‑custodial ownership. Their composability powers DeFi ecosystems, while governance tokens let traders shape protocol rules. The future? Hybrid models that blend speed, fee‑efficiency, and security, all while keeping the core principle of trustless trading intact.