Prerequisites¶
Subgraph¶
graph LR
1["What is a Wallet"]-->0{"What is a DEX"}
2["How Supply and Demand Works"]-->0{"What is a DEX"}
3["What are Markets"]-->0{"What is a DEX"}
4["What is an Exchange"]-->0{"What is a DEX"}
0{"What is a DEX"}-->5["What are Stablecoins"]
click 1 "../What_is_a_Wallet" "What is a Wallet"
click 2 "../How_Supply_and_Demand_Works" "How Supply and Demand Works"
click 3 "../What_are_Markets" "What are Markets"
click 4 "../What_is_an_Exchange" "What is an Exchange"
click 5 "../What_are_Stablecoins" "What are Stablecoins"
Description¶
A decentralized exchange or DEX is a cryptocurrency exchange that is not controlled by any single entity. Instead it is run by a network of users who all have a stake in the exchange. This makes it more secure and less likely to be hacked than traditional exchanges. DEXs also typically have lower fees than traditional exchanges.
Links¶
Links to other educational resources here: