How to Build a Decentralized Exchange What Exactly Is a Decentralized Exchange? A decentralized exchange (DEX) is a blockchain application that lets people trade cryptocurrencies directly from their wallets. There’s no central authority holding funds or controlling trades. Instead, everything runs through smart contracts—automated, transparent programs stored on the blockchain. Because there’s no middleman, users maintain custody of their assets, and trades happen peer-to-peer. This structure is one of the main reasons DEXs have become essential to the broader DeFi ecosystem. Visit: https://www.thecryptoape.com/decentralized-exchange-script