The LedgerBusiness Dog · $BUSINESS · it's just business
Crypto

What is DEX?

A decentralized exchange — trade crypto peer-to-peer with no company in the middle.

A DEX (decentralized exchange) lets people trade tokens directly from their own wallets, using smart contracts instead of a company holding your funds. On Solana, aggregators like Jupiter route your trade to the best available price.

The upside: you keep custody of your coins and can trade almost any token instantly. The downside: no customer support, no undo button, and you're responsible for verifying what you're buying.

Buying $BUSINESS happens through a DEX — you connect your wallet, approve the swap, and the smart contract does the rest.

Related terms

Definitions from the Business Dog Glossary — educational, occasionally satirical, never financial advice.