Centralized vs. decentralized orders matching on DEXs

In the rapidly evolving realm of DeFi, decentralized exchanges (DEXs) stand as a cornerstone, enabling seamless transactions in a trustless environment. 

At the heart of these exchanges lies the mechanism of order matching, a crucial process that pairs buyers with sellers, facilitating the exchange of assets. Traditionally (on order book-based exchanges), order matching has been centralized, with a single entity overseeing the process to ensure efficiency and accuracy. 

However, the advent of blockchain technology has paved the way for decentralized order-matching systems, promising to align DEXs with the ethos of decentralization further. 

Centralized and decentralized order batchers…

Read more on Cointelegraph

24.7K Reads