Why The Old DEX Model Doesn’t Work Anymore: A 2025 Critique
21 Aug 2025 4 minute read 0 comments NuDEX
The first decentralized exchanges were a breakthrough. They gave users a way to swap tokens without a central authority. They let us keep control of our assets. There were no signups or custodians. Just a smart contract, a wallet, and a new kind of f...