Decentralized Exchange (DEX) Exchange Tokens List by Market Cap
The market cap of Decentralized Exchange (DEX) coins combined is $ 26.30B. This is a 1.29% change compared to 24 hours ago. Compared to 24 hours ago, 64.9% of Decentralized Exchange (DEX) coins now have a higher price (gainers) and 35.1% have a lower price (losers). The 24 hour trading volume of Decentralized Exchange (DEX) coins combined is $ 2.63B. The market cap of HYPE makes up 31.1% of the market cap of Decentralized Exchange (DEX) coins.
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Decentralized exchanges (DEX) are apps that facilitate the trading of crypto assets and other activities, instead of a centralized system. Trading volume (24 hours), market share, number of markets, types, open exchanges, trading volume chart (7d) by TokenAlphabet.com.
What is a Decentralized Exchange (DEX)?
A decentralized exchange is a cryptocurrency exchange that is based on blockchain technology and smart contracts. DEX allows users to directly exchange digital assets without the need for a middleman.
What is the difference between centralized and decentralized exchanges?
Centralized Exchange (CEX) and Decentralized Exchange (DEX) are platforms that facilitate transactions between buyers and sellers; CEX are managed by a single legal entity, while DEXs operate without restrictions based on smart contracts on the blockchain.
How does it work?
In a decentralized blockchain network, no participant should know or trust other participants. Each participant in the network has a copy of some or all of the data stored in the decentralized registry. If an individual participant's copy of the registry is altered or corrupted in any way, that copy is reverted to the majority of participants in the network.