Decentralized Exchanges: Why Crypto’s First Killer Apps are So Powerful - DeFriday #12
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Decentralized Exchanges: Why Crypto’s First Killer Apps are So Powerful - DeFriday #12
How Decentralized is DeFi? It is not easy to answer how decentralized DeFi is. For simplicity, we will separate the degrees of decentralization into three categories: centralized, semi-decentralized and completely decentralized. Centralized ○ Characteristics: Custodial, uses centralized price feeds, centrally-determined interest rates, centrally-pr
... See moreSze Jin Teh • How to DeFi: Beginner
5. Decentralised exchanges have terrifying power laws. Top 5 DEXes command ~85% of the volume.