A pool of tokens locked in a smart contract that enables decentralized trading.
A pool of tokens locked in a smart contract that enables decentralized trading. Instead of matching buyers and sellers, traders swap against the pool. Liquidity providers earn fees from every trade proportional to their share.
A type of decentralized exchange that uses math formulas instead of order books to price trades.
A cryptocurrency exchange that operates without a central authority, using smart contracts to facilitate trades.
The difference between holding tokens in a liquidity pool versus just holding them in your wallet.
A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.
One of the biggest lending and borrowing protocols in DeFi.
A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.
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