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3 results for “on-chain”
On-chain venues are steadily taking spot-trading business that centralized exchanges once dominated. The mechanics of automated market makers, plus self-custody and open listing, explain why, and reveal what the shift costs traders.
On-chain data reveals what crypto holders actually do, not what they say — and it describes the market rather than predicting price. A beginner's map to reading it well.
Every on-chain trade passes through an invisible auction that decides how much value gets extracted from it. Here is how block-ordering power works, and how to defend against it.
