Xenea Wallet Daily Quiz Answer: What Does ’DEX’ Stand for in DeFi?
Xenea Wallet’s daily quiz on May 9, 2025, posed the question: "What does ’DEX’ stand for in DeFi?" The answer highlights the growing importance of decentralized exchanges in the cryptocurrency ecosystem. These platforms enable peer-to-peer trading without intermediaries, aligning with the core principles of decentralization.
While the quiz itself doesn’t mention specific coins or exchanges, the topic resonates across major DeFi projects and trading platforms. The question reflects broader industry trends toward self-custody and permissionless finance.