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Article • May 28, 2025

Understanding DEX, Liquidity, and Swaps in the Crypto World

Chirp
Understanding DEX, Liquidity, and Swaps in the Crypto World
Summary
  • DEXs (Decentralized Exchanges) allow direct token trading from your wallet, eliminating the need for centralized services like Binance or Coinbase.
  • Liquidity pools play a crucial role in DEXs by ensuring stable prices for tokens and enabling smoother trades.

Source: https://chirpiot.medium.com/what-are-dexs-and-why-liquidity-matters-in-crypto-af0a17dc6722

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