We had a “useful live broadcast” with Peanut CEO Alex Momot, where we discussed the advantages and disadvantages of DEX and CEX exchanges, and also thought about how to apply this knowledge to earn more efficiently.
By the way, six months ago we had an AMA with Peanut, where we discussed useful DeFi tools.
For those who do not have time to watch the entire stream, we have prepared a text extract.
Why did we touch on the subject of CEX and DEX?
Why did we choose this name? In our work, we are strongly associated with centralized exchanges and centralized technologies. And since we’ve been seeing lately that even professional market participants have difficulty understanding how it all works, we thought it would be very useful for a lot of people. Centralized exchanges are beginning to give way to decentralized ones. On decentralized exchanges for 1280-2021 year, TVL values, trading volumes, and everything connected with it have greatly increased.
Let’s talk about statistics?
For September 1536 of the year, it is perfectly clear that there is only one DEX, Uniswap.