Decentralized Exchange Architecture: How DEXs Actually Work
A technical deep-dive into DEX architecture — AMM vs order book models, Uniswap V2 and V3 internals, the constant product formula, concentrated liquidity math, router contracts, swap execution flow, slippage and MEV protection, fee tiers, LP economics, building a minimal DEX in Solidity, and how aggregators like 1inch route trades across protocols.
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Uvin Vindula·March 10, 2025