CEXISWAP Announces the Launch of DEX Platform, Which Will Disrupt the CEX/DEX Boundaries
London, UK, February 22, 2022 – (SEAPRWire) – CEXISWAP Launches a revolution that disrupts CEX and DEX Boundaries. CEXISWAP is a fast-moving decentralized exchange (DEX) that aims to disrupt the boundaries between traditional centralized and decentralized exchanges, liberating fragmented liquidity pools from multiple chains to deliver the best price. Launched in January 2022, trading volume on the exchange has already grown over 565%, and the number of transactions has grown over 449% in less than one month. CEXISWAP Alpha has successfully supported the Ethereum, Polygon, BNB Chain (Binance Smart Chain), and ThunderCore networks and plans to support more chains. DeFi Challenges and Opportunities CEXISWAP wants to initiate a new DEX revolution to fulfill the DeFi 2.0 and MetaFi vision. Traditional DEXs, use Automatic Market Makers (AMM) to determine the relative price of two assets. They require deep liquidity pools to provide competitive prices, but liquidity pools are fragmented by individual projects and chains. ”One key insight of CEXISWAP is that producing price quotes based on these fragmented and disconnected liquidity pools doesn’t make sense.” said Scott Tsai, CEO of CEXISW...
