Will DEX (Decentralized Exchange) be introduced in Korea?

Unlike centralized exchanges where hacking situations still occur, it is an exchange that allows users to directly trade without intermediaries. It is a long-established DeFi (Decentralized Finance) model that extends from Etherdelta or IDEX, which was the cradle of ICOs at the time of the 2017 ICO craze, to XX Swap (xxSWAP), which heated up 2020. In particular, UniSwap has grown so rapidly that it surpassed Coinbase, the largest virtual asset exchange in the U.S. by volume. The characteristics of decentralized exchanges that have appeared recently are that they all use an Automated Market Maker (AMM) based on a liquidity pool.

Serum (SRM), a decentralized virtual asset exchange with its strengths in fast transaction processing speed and low commissions, launched its official service in 2020, pointing to Korea as a major service area to secure domestic users.

While interest in Decentralized Financial (DeFi) is rapidly increasing, it is noteworthy whether serum that emphasizes convenient usability can expand virtual asset trading services in the domestic market.