
Wedex DEXPrice N/A
DEX Price
General Info
Contracts/Explorers:
Wedex (DEX) Chart










What is Wedex (DEX)?
Wedex is an Automated Market Maker (AMM), and the Exchange is at the heart of Wedex. Wedex lets users trade without the need to go through a Centralized Exchange. Everything you do on Wedex is routed directly through your own wallet—no need to trust someone else with your coins. The Wedex exchange can only operate when there's enough liquidity to support trades; if nobody wanted to sell you BNB for example, then it wouldn't matter how much you wanted to trade for some. Providing liquidity will get you LP Tokens, which will earn you rewards in the form of trading fees for making sure there's always liquidity for the exchange to use.
Yield farming lets users that are providing liquidity earn EX rewards by locking their LP tokens into a smart contract. The incentive is to balance out the risk of impermanent loss that comes along with locking in your liquidity.
Wedex supports personalized profiles for users. These profiles allow you to choose your own name, join a team, and choose from NFT profile images you've collected to use as your profile's display picture.
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