Introduction to Decentralized Exchanges

What this lesson covers

• How a swap works on Uniswap (Ethereum) and Jupiter (Solana)
• Liquidity pools compared with order books
• How providing liquidity works, including impermanent loss
• Gas costs on Ethereum compared with Layer 2 chains
• MEV bots and how Flashbots protects a transaction
• DEX aggregators: 1inch, Jupiter
• Moving assets between blockchains
• What perpetual futures are, on platforms like Drift, and why leverage adds risk