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DEX223: A New Step in DeFi

Dario avatar
Shared by Dario • October 24, 2024

DeFi (decentralized finance), with its back-end running directly on the blockchain, was a response to increasing regulation and pressure on the cryptocurrency market. A specific type of DeFi, DEX (decentralized exchange), re-established the focus on privacy and decentralization in cryptocurrency trading. By using DeFi, you interact with automated algorithms that are accessible 24/7, while keeping your funds under your control. DEX223 introduces new ideas into the DeFi space, marking a step towards a new level of decentralization.