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SotN #3 GROWING (The Flippening is Back, India Banning China, DEXs going parabolic)

Bankless

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The Rise of Decentralized Finance and Exchanges

This chapter explores the rapid evolution of decentralized finance (DeFi) and the rise of decentralized exchanges (DEXs), focusing on automated market maker models like Uniswap and Curve. It highlights significant trading volume shifts, including Curve surpassing Binance in stablecoin trading, showcasing the transformative impact of DeFi on traditional financial systems.

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