Cointelegraph Research delves into the technological innovations of DEXs and identifies key industry trends.
Decentralized exchanges (DEXs) have undergone significant technological advancements as the market has matured over the last few years. Numerous innovations allowed traders and liquidity providers to minimize the detrimental impact of slippage and impermanent losses. Simultaneously, the issue of fragmented liquidity was tackled by smart routing solutions.
However, the innovations have not yet helped the market segment reach pre-Terra levels of user engagement. In the new “DEXscape: Scaling, Innovating, Aggregating” report, Cointelegraph Research delves into the trends currently shaping the DEX industry and critically assesses its future.
From innovations in automated market maker (AMM) mechanisms and competition among blockchains to the impact of zero-knowledge proofs and smart routing, the report uncovers what solutions can potentially revolutionize the industry while benefiting the trading experience of digital nomads.