A DEX has no order book. So how does it price your trade? The pool holds two tokens, and the price comes from the ratio between them. Buy one side and you take some out, the ratio shifts, and the price moves against you as you go. That's why a big order gets a worse average

Bulba @BulbaSwap ·
  1. #1

    Even the banks are building blockchain rails now. Last week, 39 US state banking associations, representing over 3,000 banks and $21.8 trillion in assets, formed a group to build…

  2. #2

    Crypto flipped bullish in the back half of August. Spot bitcoin ETFs pulled in $1.92B in the week ending August 21, their strongest week of the year, and BTC broke back above its…

  3. #3

    People are betting onchain on elections, sports, and economic data, and platforms like Polymarket and Kalshi have pushed it toward the mainstream. It's a reminder that onchain tra…

  4. #4

    More tokens in circulation can add sell pressure, and in thinner markets it can move price more than usual. If you trade around an unlock, check pool depth first. A big order into…

  5. #5

    In an old-style pool, your money spreads across every possible price, most of which never trade. Concentrated liquidity lets providers put their money only around the prices where…

  6. #6

    How does a stablecoin actually stay at $1? The big fiat-backed ones hold reserves in cash and short-term Treasuries, so each token can be redeemed for a real dollar. That redempti…

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