Decentralized exchanges (DEXs) nip in the bud several issues concerning their centralized counterparts such as concentration of liquidity in the hands of a few players, compromise of funds in case
Category: decentralized exchanges
Data Shows Decentralized Finance Took a Hit in Q2 but Is Still BoomingData Shows Decentralized Finance Took a Hit in Q2 but Is Still Booming
While decentralized finance took a hit in Q2, stats still show there is an important movement in these protocols. Data taken from Messari’s Q2’21 defi review show that decentralized exchanges