Education

A decentralized exchange (DEX) allows you to trade cryptocurrency without relying on a centralized exchange. This article explains DEXs, CEXs, and how cross-chain DEXs like depouch enable non-custodial swaps across different blockchains.

In today's DeFi (decentralized finance) landspace, you would probably like to know where the liquidity comes from. So where does depouch's DEX liquidity come from?

Binance has created Binance-Peg tokens for the BNB Chain. These tokens are a type of wrapped token where Binance acts as the custodian, making stablecoins and other cryptocurrencies available on BNB Smart Chain.

Native Coins and Wrapped Tokens provide value to the cryptocurrency ecosystem. Understanding the difference is key to know how and where to use your crypto.