https://wiki.mydefichain.com/index.php?action=history&feed=atom&title=DEXDEX - Revision history2026-04-28T17:59:17ZRevision history for this page on the wikiMediaWiki 1.35.0https://wiki.mydefichain.com/index.php?title=DEX&diff=3091&oldid=prevLemmy at 13:28, 7 November 20222022-11-07T13:28:35Z<p></p>
<table class="diff diff-contentalign-left diff-editfont-monospace" data-mw="interface">
<col class="diff-marker" />
<col class="diff-content" />
<col class="diff-marker" />
<col class="diff-content" />
<tr class="diff-title" lang="en">
<td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">← Older revision</td>
<td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">Revision as of 13:28, 7 November 2022</td>
</tr><tr><td colspan="2" class="diff-lineno" id="mw-diff-left-l1" >Line 1:</td>
<td colspan="2" class="diff-lineno">Line 1:</td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;">This article in other languages: [[DEX de]], [[DEX (TR)]]</ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins style="font-weight: bold; text-decoration: none;"></ins></div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>== DEX and decentral trading ==</div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>== DEX and decentral trading ==</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>What is „the DEX“ and how does it enable trading? </div></td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins class="diffchange diffchange-inline">''</ins>What is „the DEX“ and how does it enable trading?<ins class="diffchange diffchange-inline">''</ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div> </div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>DEX is short for decentral Exchange and describes the feature on the DefiChain that enables the trading of dTokens. Other than on a central exchange (CEX) there is no orderbook managed by a central entity. The trades are handled via trading pools instead. Such a pool is filled with two types of assets. The ratio between the amount of those assets in the pool results in the price of the assets. The exchange rate gets more or less calculated from this ratio.</div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>DEX is short for decentral Exchange and describes the feature on the DefiChain that enables the trading of dTokens. Other than on a central exchange (CEX) there is no orderbook managed by a central entity. The trades are handled via trading pools instead. Such a pool is filled with two types of assets. The ratio between the amount of those assets in the pool results in the price of the assets. The exchange rate gets more or less calculated from this ratio.</div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>== Trading Pools ==</div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>== Trading Pools ==</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>On the DeFiChain you can distinguish between crypto- und dStock-pools. </div></td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div>On the DeFiChain you can distinguish between crypto- und dStock-pools. <ins class="diffchange diffchange-inline"> </ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div> </div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>The crypto-pools always trade with DFI, the native coin of the DeFiChain, e.g. dETH-DFI or dBTC-DFI. A subcategory of that are the stablecoin pools dUSDT-DFI and dUSDC-DFI. </div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>The crypto-pools always trade with DFI, the native coin of the DeFiChain, e.g. dETH-DFI or dBTC-DFI. A subcategory of that are the stablecoin pools dUSDT-DFI and dUSDC-DFI. </div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"></td></tr>
<tr><td class='diff-marker'>−</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>The dStock-pools on the other hand, always trade with DUSD, the stablecoin of the DeFiChain. E.g. sTSLA-DUSD, dQQQ-DUSD, and so on. Also the DUSD can be traded directly with the stablecoins - dUSDT-DUSD and dUSDC-DUSD. A list of the dStocks grouped by asset categories Tradable dAssets on DeFiChain </div></td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins class="diffchange diffchange-inline">[[File:DEX Pool Pairs.png|alt=DEX pool pairs|frameless|500x500px]] </ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div> </div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div>The dStock-pools on the other hand, always trade with DUSD, the stablecoin of the DeFiChain. E.g. sTSLA-DUSD, dQQQ-DUSD, and so on. Also the DUSD can be traded directly with the stablecoins - dUSDT-DUSD and dUSDC-DUSD. A list of the dStocks grouped by asset categories<ins class="diffchange diffchange-inline">: [[</ins>Tradable dAssets on DeFiChain<ins class="diffchange diffchange-inline">]] </ins></div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div> </div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>One pool combines the two worlds: DFI-DUSD </div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>One pool combines the two worlds: DFI-DUSD </div></td></tr>
<tr><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>== Liquidity Mining ==</div></td><td class='diff-marker'> </td><td style="background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;"><div>== Liquidity Mining ==</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>You can participate in the trading pools and provide liquidity. For that you have to own both assets and add them to the pool with the same value of asset A and asset B, for example dTSLA and DUSD both for a value of 100$. The amount of the pool that you participate in gets added to your wallet as a separate pool token. Block by block you will now receive rewards (in DFI) and a part of the exchange fees (commission in the asset that got swapped). </div></td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div>You can participate in the trading pools and provide liquidity. For that you have to own both assets and add them to the pool with the same value of asset A and asset B, for example dTSLA and DUSD both for a value of 100$. The amount of the pool that you participate in gets added to your wallet as a separate pool token. Block by block you will now receive rewards (in DFI) and a part of the exchange fees (commission in the asset that got swapped).</div></td></tr>
<tr><td class='diff-marker'>−</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>A risk one has to consider when providing liquidity to a pool (meaning to do liquidity mining) is the Impermanent Loss.</div></td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div> </div></td></tr>
<tr><td colspan="2"> </td><td class='diff-marker'>+</td><td style="color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div>A risk one has to consider when providing liquidity to a pool (meaning to do liquidity mining) is the <ins class="diffchange diffchange-inline">[[</ins>Impermanent Loss<ins class="diffchange diffchange-inline">]]</ins>.</div></td></tr>
</table>Lemmyhttps://wiki.mydefichain.com/index.php?title=DEX&diff=3090&oldid=prevLemmy: Created new article2022-11-07T13:25:18Z<p>Created new article</p>
<p><b>New page</b></p><div>== DEX and decentral trading ==<br />
What is „the DEX“ and how does it enable trading? <br />
DEX is short for decentral Exchange and describes the feature on the DefiChain that enables the trading of dTokens. Other than on a central exchange (CEX) there is no orderbook managed by a central entity. The trades are handled via trading pools instead. Such a pool is filled with two types of assets. The ratio between the amount of those assets in the pool results in the price of the assets. The exchange rate gets more or less calculated from this ratio.<br />
== Trading Pools ==<br />
On the DeFiChain you can distinguish between crypto- und dStock-pools. <br />
The crypto-pools always trade with DFI, the native coin of the DeFiChain, e.g. dETH-DFI or dBTC-DFI. A subcategory of that are the stablecoin pools dUSDT-DFI and dUSDC-DFI. <br />
<br />
The dStock-pools on the other hand, always trade with DUSD, the stablecoin of the DeFiChain. E.g. sTSLA-DUSD, dQQQ-DUSD, and so on. Also the DUSD can be traded directly with the stablecoins - dUSDT-DUSD and dUSDC-DUSD. A list of the dStocks grouped by asset categories Tradable dAssets on DeFiChain <br />
One pool combines the two worlds: DFI-DUSD <br />
== Liquidity Mining ==<br />
You can participate in the trading pools and provide liquidity. For that you have to own both assets and add them to the pool with the same value of asset A and asset B, for example dTSLA and DUSD both for a value of 100$. The amount of the pool that you participate in gets added to your wallet as a separate pool token. Block by block you will now receive rewards (in DFI) and a part of the exchange fees (commission in the asset that got swapped). <br />
A risk one has to consider when providing liquidity to a pool (meaning to do liquidity mining) is the Impermanent Loss.</div>Lemmy