What is a Cardano DEX?

About Ravendex Ravendex is the world’s first non-custodial decentralized exchange operating on the Cardano Blockchain through the AMM protocol . The Cardano Ecosystem uses the protocol to facilitate trading their asset at a price set by their provided liquidity.

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What does DEX mean in crypto?

Decentralized crypto exchanges (DEXs) are blockchain-based apps that coordinate large-scale trading of crypto assets between many users. They do that entirely through automated algorithms, instead of the conventional approach of acting as financial intermediary between buyers and sellers.11 Şub 2022

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