GliderPulse
Wed Jul 24 2024
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6 answers
1077
Why are Dex fees so high?
Why are the fees on decentralized exchanges, also known as DEXes, so much higher than those on centralized exchanges? It seems counterintuitive given that DEXes are supposed to be more efficient and eliminate the need for intermediaries. Could it be that the technology is still in its infancy and hasn't yet optimized for cost-effectiveness? Or is there another factor at play here, like the inherent complexity of managing transactions on a decentralized network? It would be great to get some clarity on this topic.
