Why Does MDEX Take the Lead to Launch the AMM-Based Order Book Function?
Recently, the decentralized exchange Mdex has announced the launch of its AMM-based order book trading function.
DEX has achieved significant growth in 2020. As represented by Uniswap, it has captured a large number of users and trading volume through the combination of license-free token listing, AMM and liquidity mining. Top DEXs, such as by Uniswap and Dydx are on par with other leading CEX such as Binance.
By decreasing the risks caused by single point of failures (e.g., as team problem and policy suppression), DEX relies on the AMM mechanism to eliminate counterparty risks and allow users to invest their disposable funds to gain benefits. Moreover, the apperance of license-free tokens is undoubtedly welcomed by all sorts of projects and investors with high risk appetite, since t...










