Whether you, I, or the Uniswap team want to admit or not; UniswapX is a tacit admission of defeat that the largest DEX doesn’t believe on-chain markets will provide best-in-class trade execution. Now, for the leading DEX to come to that conclusion and try to productize work-arounds is somewhat commendable. I mean, it would be ideal for them to direct that energy to ensuring on-chain markets are efficient enough to overthrow off-chain markets in liquidity and vo
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