DEXs frequently substitute liquidity pools and AMMs for traditional exchange order books, which match buyers and sellers based on order prices and volume. These are pools of cryptocurrency assets that remain beneath the exchange's surface, waiting for any buy or sell order to be fulfilled. The funds in the pool are contributed by investors who deposit money in order to profit from transaction costs incurred by pool users.https://www.dunitech.com/Decentralized-Exchange-Uniswap.aspx

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