Decentralized exchange (DEX) to put it simply, enable users to buy and sell cryptocurrencies with one another without the need for brokers. Decentralized exchanges were developed in response to the need for transparency, anonymity, and freedom from single-party (centralized) control of user funds and assets. Transactions on decentralized exchanges are non-custodial, and traders must own and control their own private keys. Unfortunately, this makes DEXs a little harder to use than CEXs, and the user interfaces of popular DEXs are typically clunky and somewhat difficult to navigate.