| domain | etherex.finance |
| summary | Here’s a summary of the website content about Concentrated Liquidity Exchanges (CEXs):
Concentrated Liquidity Exchanges (CEXs) are a new type of decentralized exchange (DEX) that mimic the experience of centralized exchanges (CEXs) by providing deep liquidity and efficient trading. Unlike traditional DEXs that rely on automated market makers (AMMs) with often-thin liquidity, CEXs use a network of off-chain order books, similar to how traditional exchanges operate.
Key features and benefits of CEXs:
* Deep Liquidity: They offer significantly more liquidity than most DEXs, leading to tighter spreads and reduced slippage. * Low Slippage: Traders experience less price movement during trades due to the abundance of buy and sell orders. * Fast Order Execution: Orders are executed quickly because they’re matched directly with other traders’ orders. * User Experience: CEXs often provide a more familiar and intuitive trading experience for users accustomed to traditional exchanges. * Reduced Front-Running: The off-chain order book structure makes it more difficult for bots to manipulate prices through front-running.
How they work:
CEXs operate through a network of off-chain order books. Traders submit buy and sell orders that are matched directly with other traders’ orders without relying on an automated algorithm.
Notable CEXs:
* Uniswap v3 (although originally an AMM, it has implemented features to offer concentrated liquidity) * dYdX
In essence, CEXs aim to bridge the gap between the efficiency of CEXs and the decentralization of DEXs. |
| title | Etherex Exchange |
| description | Concentrated liquidity exchange. |
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| nslookup | A 216.150.1.1 |
| created | 2025-11-10 |
| updated | 2025-11-10 |
| summarized | 2025-12-10 |
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