What are DEXes? And how can we use them? Are Decentralized Exchanges better than centralized exchanges? Have you ever wondered why and how many DeFi protocols all follow a particular guideline or structure of code or governance that all dApps should follow? In this article, we will dissect what exactly a DEX is, how they work, and examine the biggest DEX and the pros and cons of using a DEX. Shall we? BTW, if you are really interested in learning everything about DeFi, check this out.