zk-DEX (Zero-Knowledge Decentralized Exchange)
Riccardo Dondi
A zk-DEX uses zero-knowledge proofs to enhance privacy and security in cryptocurrency trading, validating transactions without revealing sensitive details.
Decentralized Exchange
Liquidity Provider
A liquidity provider supplies assets to a trading platform to facilitate transactions, ensuring market efficiency and earning rewards while facing risks like impermanent loss.
Initial DEX Offering (IDO)
An Initial DEX Offering (IDO) is a decentralized fundraising method where tokens are issued on a DEX, offering transparency, immediate liquidity, and lower costs.
Decentralized Exchange (DEX)
A Decentralized Exchange (DEX) allows users to trade cryptocurrencies directly using smart contracts, enhancing security, privacy, and control without a central authority.