Tag: Finance

To understand decentralized exchanges (DEX), we should try and understand how its centralized counterpart (CEX) functions at a high level. CEXs are Order Book based. The price of an instrument at any moment is the outcome of several "match" operations between ask and bid orders executed at high speeds. On …

Money is never at rest. What? We can hold money and feel it in our hands. Its counter intuitive to think of it being in a state of motion.

Actually, the curve defining the motion of money is expressed as.

y = (1+r) ** x

Lets unpack what this means..

The …