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What is an Automated Market Maker (AMM)?

What Is An Automated Market Maker (Amm)?

Rather than depending on traditional buyers and sellers in a market, Automated Market Maker uses liquidity pools to make the DeFi ecosystem liquid high all the time. When Uniswap started in 2018, it was the first decentralized marketplace to effectively…

A Complete Guide to PancakeSwap

A Complete Guide To Pancakeswap

PancakeSwap is more than another DeFi protocol with a food theme. It is the leading DEX on Binance Smart Chain. Binance Smart Chain is run by the world’s largest centralized cryptocurrency exchange, i.e., Binance. SushiSwap, Yam Finance, BakerySwap, Pasta Finance,…

Decentralized Exchanges (DEX) Definition

What Are Decentralized Exchanges

There are 35 decentralized exchanges created on various blockchains, and the industry is quickly expanding. For example, Uniswap, which is on the Ethereum blockchain, has the highest trade volume of any DEX. Historically, centralized players dominated this field. However, as…