noun | dee·sen·truh·lahyzd iks·cheynj
A DEX is like a farmers market for shitcoins - it's a platform where you can trade your digital assets without having to go through a centralized authority like Binance or Coinbase. It's like Uniswap, but with less scams and rug pulls (hopefully).
Example
"I lost all my lunch money on a DEX that promised to be the 'next big thing' in DeFi. Turns out, it was just a copy-pasted version of SushiSwap with a shittier UI and more bugs than a New York City apartment in summer. Never trusting a cartoon sushi chef with my funds ever again."
"Trading on a DEX is like playing Russian roulette with your crypto - you never know if you're gonna get a sick 100x gain or get rekt by a flash loan attack. It's all part of the game, baby!"
