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Understanding Smart Contracts in DEXs: Benefits & Challenges

Understanding Smart Contracts in DEXs Benefits & Challenges

Introduction Decentralized exchanges (DEXs) have revolutionized the world of cryptocurrency trading with peer-to-peer transactions without intermediaries. Smart contracts in DEXs are the driving force behind this revolution, as they facilitate automated processes in trading, provide transparency, and remove the involvement of a third party. But though smart contracts in DEXs are replete with benefits, they …

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