Exchanging one cryptocurrency for another. On DEXs, swapping happens through smart contracts without an intermediary. Swap fees typically range from 0.05% to 1% depending on the pool.
A cryptocurrency exchange that operates without a central authority, using smart contracts to facilitate trades.
A type of decentralized exchange that uses math formulas instead of order books to price trades.
A pool of tokens locked in a smart contract that enables decentralized trading.
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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