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What is Dexter?
Dexter is a decentralized, non-custodial exchange on the Tezos blockchain that enables users to exchange their XTZ - the native currency of Tezos - with other tokens built on the Tezos FA1.2 token standard. Dexter also allows anyone to trade directly between two types of FA1.2 tokens. Any holder of XTZ and FA1.2 tokens can also be a liquidity provider. Such participation helps power the Dexter Exchange and also provides those users with a proportional share of exchange fees (0.3%). Liquidity providers can easily remove liquidity they’ve provided at any time.
Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.
