Definex DSWAP

DeFi stands for Decentralized Finance, refers to digital assets, smart financial contracts, decentralized protocols and applications (DApps) built on the Ethereum blockchain. Defi is a system of open financial products (Open Finance), Permissionless (permissionless calculation) and nested that focus on financial applications like loans, derivatives, exchanges and trading, etc. DeFi can also be called Open Finance because it combines traditional banking services or CeFi (Centralized Finance) with decentralized technologies like blockchain. The most significant feature of Defi is non-custodial that helps users have full control of their digital assets.

Definex is a DeFi ecosystem offers the cryptocurrency exchange services base on the Automated Market Marker (AMM) protocol. Like Uniswap or Mooniswap, traders can swap the cryptocurrencies directly without the need for counterparties.

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