Decentralised exchanges (DEX) are a critical piece of the crypto-economy infrastructure, that is still (unfortunately) far away from mainstream use.
Today, a majority of blockchain projects, introduced via initial coin offerings, are dependent on the release of DEX before they can launch a working product.
While a wave of “decentralised exchanges” have been released in 2017, only a selected few facilitate such transactions. Just like any other blockchain project, it can get confusing to assess the stage of development, leaving space for product-less tokens in the market.
Last week, one of the leading DEX protocol, 0x, accommodated large-scale decentralised exchanges on Radar Relay - reaching a volume of $1 million on the 5th of January and over $10 million on the 9th, as seen on the official tracker.
full article:
https://www.tropyc.co/news/decentralised-exchange-0x-milestone/
