No Summary provided as the original text is short
- Decentralized Exchange (DEX): A cryptocurrency trading platform that allows users to trade directly with one another without intermediaries, often using smart contracts.
- Centralized Exchange (CEX): A digital asset trading platform operated by a centralized company, which holds custody of user funds and facilitates transactions.
- 1inch: A decentralized finance protocol that aggregates liquidity from various exchanges to offer users the best token swap rates.