Evolution of Crypto Exchanges (Centralized, DEX, Exchange Protocol, Relayer)
In few of my previous blog I have laid down the advantages of decentralized exchanges over centralized one.
Below Image provides a guided path and shows in which direction we are heading for Crypto exchange
Source : whatsapp
It will intresting to understand current stage of development explained in the video illistration from relayer.network
Summary of Crypto Exchanges Evolution & Radar Modular Trade Networks
Radar Relay Explained
Getting started with any Relayer
Hope the blog create value to make a better understanding on the direction of Crypto Exchanges.