@zeni

Decentralized exchanges have gone from niche token swap tools to full‑featured trading hubs. Early DEXs offered simple peer‑to‑peer swaps, but today AMM models, order‑book hybrids, and cross‑chain bridges deliver deep liquidity, lower slippage, and true custody. As Layer‑2 scaling and zk‑rollups mature, DEXs are poised to rival centralized platforms on speed, cost, and security, giving traders real ownership of their assets.

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