Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Topic started by: Lenipiw on August 16, 2020, 10:59:54 AM
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The growth of decentralized exchanges in 2020 has been phenomenal, but there is a hard ceiling with current technology.
Decentralized exchanges, also known as DEXs, have risen significantly in popularity since the start of 2020, with both their user bases and volumes growing at an accelerating pace. The sector is currently being driven by so-called “automated market makers,” or AMMs.
In a nutshell, these exchanges do away with the traditional order book and custom price orders. Instead, an asset’s price is determined by a mathematical formula that depends on the relative share of the assets in liquidity pools. When a user transacts, this changes the balance of assets in the pools and results in the price moving slightly higher or lower. This mechanism lets AMMs follow the price movements of the market.
Visit here: https://cointelegraph.com/news/decentralized-exchanges-maturing-but-high-demand-reveals-limitations
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Total agree look to uniswap for any tranzaction there i need to pay 6-8 $ fee ,its to high.!!!
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Total agree look to uniswap for any tranzaction there i need to pay 6-8 $ fee ,its to high.!!!
This is why I left dex platform 3 months ago. They have high transaction fees especially 4 Ethereum.