gm. Mauricio Magaldi and Cuy Sheffield are back this week for another deep dive - where we are going to be taking a look at the world of Decentralised Exchanges, aka DEXs.

In this show, we wanted to start at the very beginning and explore what DEXs are, how they compare to their centralised counterpart, the user benefits of using a DEX, the differences in business model between DEX and CEX, and the potential downsides too.

With the market is going through its Eron/Lehman/Bear Stearns moment, we also couldn't help but take a look at what the future will hold for DEXs, and what kind of progress we're hoping to see with DEXs over the next 2-3 years.

We are also joined by some amazing guests:

• Ludmila Lopes, Independent web3 researcher at Bankless Brasil DAO
• Karel Kubat, CTO at Composable Finance

This episode is sponsored by Visa.

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Special Guests: Karel Kubat and Ludmila Lopes.