Quick List: 3 Types of DEX (Decentralized Exchange) You Need to Know
Not all DEXs are the same. Get to know the main models to know which to use in each situation:
AMM (Automated Market Maker): The most common, uses liquidity pools for exchanges (ex: Uniswap). Great for simplicity.
Order Book: Functions like a centralized exchange, with buy and sell orders (ex: dYdX). Preferred by professional traders.
Aggregator: Searches for the best prices across various DEXs to ensure the best "exchange rate" (ex: 1inch).
Explore the different types. Click on UNI (AMM) and DYDX (Order Book) to see the differences in practice.
