@sh1mmer23
From the first order‑book DEXs to today’s AMM giants, decentralized exchanges have reshaped crypto trading. Layer‑2 scaling, cross‑chain bridges, and automated market makers now offer instant swaps, deep liquidity, and no central point of failure. As protocols add composable DeFi layers, DEXs move beyond simple swaps to full financial ecosystems—trustless, censorship‑free, and open to anyone.
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