Exploring the Pioneering Role of Decentralized Exchanges

Decentralized exchanges (DEXs) are platforms that enable peer-to-peer cryptocurrency trading without the need for intermediaries or central authorities. As the cornerstone of decentralized finance (DeFi), DEXs have surged in popularity with the proliferation of approximately 100 DEX protocols. Offering users greater control over their assets and enhanced privacy, DEXs represent a fundamental shift towards a more democratic and inclusive financial ecosystem.