What is a DEX?
2 min readIn short
A DEX is an exchange that runs on smart contracts instead of a company. You trade straight from a wallet, and prices come from pools of tokens instead of an order book.
How it differs from an exchange
There's no account at a company holding your money. Trades settle on the blockchain.
Where ArkhamPad fits
New coins trade on ArkhamPad's bonding curve first. After graduation they trade in a locked pool on Uniswap, a well-known DEX.
FAQ
Do I need to use a DEX myself?
No. ArkhamPad handles the trade for you behind the Buy and Sell buttons.