Cross-chain liquidity aggregation as the future of DEXs | Q&A with Chainge
Achieving complete decentralization can happen through cross-chain liquidity aggregation. Many decentralized exchanges boast cross-chain capabilities, but in fact, the majority of them simply use bridging technology to perform swaps. To bring complete decentralization to crypto trading, one exchange has developed a fully cross-chain liquidity aggregation mechanic that does not rely on bridging. Find out more about cross-chain liquidity in the latest Cointelegraph interview with Chainge founder Dejun Qian. Q: What is the biggest problem facing DEXes at the moment, and why is it such a challenge? DEXs have several problems, among which the most notable are: lack of liquidity, inefficient/hazardous interoperability solutions, and user experience. The first two issues are partially correlated: Lack of liquidity is one of the primary reasons why some traders still prefer using CEXs. And it’s pretty difficult for DEXs to catch up since they have to rely on liquidity providers and can only a...