Decentralized exchanges have transformed the way people trade cryptocurrencies. Instead of relying entirely on centralized companies to hold funds, manage order books, and process transactions, DEXs allow users to trade directly through blockchain-based protocols.

Cryptocurrency has transformed how people think about money, ownership, and financial freedom. But before anyone can buy, sell, or trade digital assets, they usually need to interact with a crypto exchange. In the crypto world, exchanges generally fall into two categories: centralized exchanges (CEXs) and decentralized exchanges (DEXs).