A decentralized trading zone has been launched on OKX MetaX, the platform's decentralized finance hub. Starting at 1:00 pm UTC on Jan. 25, users on the web interface will be able to execute on-chain swaps on the Ethereum network with the best prices. In the future, we will aggregate more services to enable a one-stop on-chain trading experience for our users.

　　What is a decentralized exchange (DEX)？ A decentralized exchange, or DEX, refers to a blockchain-based trading application where traders directly interact with smart contracts to execute transactions. Liquidity for these exchanges is provided by liquidity providers, or LPs, who in turn receive incentives.

　　What is a DEX Aggregater？ A DEX aggregator sources liquidity from various on-chain DEXs — such as Uniswap, SushiSwap and Bancor — and provides users with the best price through smart order routing. Users' orders can also be split across different liquidity sources to minimize slippage.

　　OKX Jan. 25, 2022