Background

The emergence of new blockchain ecosystems like Shibarium presents an exciting opportunity for decentralized exchanges (DEXs) to play a vital role in the trading and liquidity of digital assets. A DEX built on a new blockchain allows for the creation of a new liquidity pool where users can trade tokens without the need for a central authority. This allows for increased security, as funds are held in smart contracts rather than on a central server, and greater transparency, as all transactions are recorded on the blockchain. A DEX in a new blockchain ecosystem like Shibarium can provide a platform for the growth and development of the ecosystem as a whole, by providing an accessible and efficient way for users to trade and access liquidity.