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Let's understand what are Central Limit Orderbook DEXs and their benefits with an interesting educational series with @spin_fi, #LearnwithSpin :) Image
Crypto traders have been showing a lot of enthusiasm for trading on DEXs. but still, most of the trading happens on CEX.

AMM DEXes are actually not designed for trading, but rather for simple instant exchange (swaps) as they have no limit or stop orders for example.
CLOBs are quite similar to orderbook CEXes, but you have smart contracts instead of the centralized backend.

CLOBs are a perfect place for liquid markets, as they work on a simple supply and demand model.
These are also user-friendly for anyone who's hopping over from CEXes.
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