Decentralized exchanges (DEX) use liquidity pools and automated market makers (AMM) to facilitate trading. Instead of an order book, like on centralized exchanges, users deposit their assets into liquidity pools, and AMM uses algorithms to determine prices. This allows trading cryptocurrencies directly, without intermediaries, ensuring decentralization and transparency.

#ПулыЛиквидности #AMM #DEX #DeFi #Торговля