The Evolution of Decentralized Exchanges (DEXs): What’s New for 2025?
Decentralised exchanges, also called DEXs, are blockchain platforms in which users trade cryptocurrencies with each other. They operate without intermediaries or central authorities, unlike centralised exchanges (CEXs) like Binance or Coinbase. DEXs were created to autonomously match and execute trades using smart contracts, so users retain control of their assets