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Glossary

DEX Meaning: What Does DEX Mean in Crypto?

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Definition

Decentralized Exchange operating without central authority

DEX volume hit $1T in 2024; Curve specializes in stables, while Jupiter on Solana offers fast, low-fee swaps. Types: AMM (Uniswap), order book (dYdX). Volume Leaders (2025): Uniswap $400B annual, PancakeSwap $150B. Advantages: Self-custody, global access.

Keywords

  • DeFi Terms