Academy

    Decentralized exchange

    Description

    Decentralized exchange label denotes an address belonging to a decentralized exchange (including dex pools, dex factories, etc).

    Decentralzied exhcnage (DEX) is a decentralized platform that operate on a peer-to-peer (P2P) network, without a central authority or entity. DEXs allow users to trade cryptocurrencies directly with each other, using smart contracts and blockchain technology. Unlike centralzied exchanges (CEX), DEXs offer greater privacy, security, and transparency, as users have full control over their assets and do not need to trust a third party to execute trades. However, DEXs may have lower liquidity, slower transaction processing, and fewer trading pairs compared to CEXs.

    API Name

    decentralized_exchange

    Label Examples

    Curve pool 0xbebc44782c7db0a1a60cb6fe97d0b483032ff1c7

    Uniswap v2 DEX (UniswapV2Pair) 0x2c5050a646a36fb22f1a1137665e64393b486139

    Available Blockchains

    • ethereum
    Updated 1 month ago

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