DEXs have been gaining popularity in recent years, thanks to the growing interest in DeFi. DEXs allow users to trade cryptocurrencies without the need for intermediaries or centralized exchanges, providing greater security, transparency, and control over assets. As the DeFi ecosystem continues to grow, the future of decentralized exchanges looks promising.
The growth of cross-chain interoperability is one trend that will probably continue. The majority of DEXs currently run on a single blockchain, but the ability to trade assets between chains is becoming more popular. This would increase liquidity and give users access to a greater variety of assets.