"The State of Decentralized Exchanges" – Gary Basin – Medium

Nice article, imo, by Gary Basin:

Starting late last year, I’ve been taking a closer look at the cryptocurrency (aka crypto) landscape. Given the nine years I’ve spent running an algorithmic hedge fund, I’m naturally drawn to the dynamics of crypto trading. Since I’m not a crypto true believer, I expect to have a fresh perspective on any new trading technologies. ICO scams aside, there are some interesting innovations occurring in the space. Particularly new is the concept of a decentralized exchange.

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