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> define dex

Decentralized exchange (DEX)

An exchange that runs on smart contracts, letting users trade directly from their wallets without a company holding their funds. Many use liquidity pools; others use on-chain order books.

Related terms

Liquidity poolSlippage

Where this comes up in our coverage

EthereumETHSolanaSOLXRPXRPRobinhood ChainFlareFLRLedgerHyperliquidHYPELighterLIT

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