The rise of decentralized exchanges (DEX) in the cryptocurrency field has become an undeniable trend. Compared to traditional centralized exchanges (CEX), DEX offers higher security, transparency, and user control, avoiding the risks of single points of failure and fund centralization. In today's market environment, the advantages of DEX are becoming increasingly prominent, with emerging platforms such as Degate, KiloEx, Backpack, and Aster_DEX springing up, among which Degate stands out with its aggregation of L2 technology and smooth user experience.

Although CEX still occupies a significant share of the market, the rise of DEX has put considerable pressure on it, especially Degate, which has truly mastered the art of “competition.” Degate not only utilizes L2 aggregation to enhance efficiency technically but also makes the trading experience feel like wearing “slippery shoes,” with low costs and high efficiency making it irresistible. The founder, Gulu, as the Chinese translator of the ETH white paper, adds a considerable amount of credibility to the technology.

Binance's investment in multiple DEXs clearly sees their potential, perhaps it foresees the birth of the “competition king.” In the future competition of DEXs, who will come out on top will depend on who can navigate the “competition” the best, and Degate is, at least for now, the “slipperiest” one.

Which one do you like the most?