As the global crypto demand ramps up amidst increasing popularity, the need for exchanges has concurrently risen. This has led to the entry of many new crypto exchange platforms into the mix. In the search for an exchange, both projects and users have to be careful and discerning in their choices. With crypto being largely unregulated, users are usually at the mercy of whatever exchange they are on.
Besides regulatory issues, transaction fees and speed are also areas that users need to look into, with gas fees on some chains skyrocketing and transactional delays when the network is under heavy load.
Along with conventional exchanges in the space, the need for decentralized exchanges is also growing. With regulatory pressure mounting on CEXes, decentralized finance is becoming more popular than ever. Its ability to stay out of the purview of the government means that many now flock to it. The current DeFi market capitalization stands at about $114B.
A Dark Horse amongst DEXes
Lesser kno
Źródło: https://cryptoslate.com/mdex-a-strong-contender-in-the-dex-race/
