The next steps in DEX design

DEXs are still behind CEXs volume - but in the next iteration that might be the past.

The next steps in DEX design Products Writing Careers Store Open Swap Products Writing Careers Store July 5, 2023 The next steps in DEX design Listen To This Article Written by Yellow Propeller 0:00 0:00 tldr; Smart contract chains are great for running an exchange: They commoditize trust, make custody, fees, prices and settlement equally transparent to everyone, and allow anyone to be a market maker. However, decentralized exchanges still lag behind CEX volume for good reason: Prices aren’t competitive; execution is susceptible to abuse (MEV); and being an LP is not profitable enough. However

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