{"id":22496,"date":"2022-11-24T12:25:58","date_gmt":"2022-11-24T12:25:58","guid":{"rendered":"https:\/\/coinwire.com\/?p=22496"},"modified":"2022-12-06T03:51:48","modified_gmt":"2022-12-06T03:51:48","slug":"san-dex-la-gi","status":"publish","type":"post","link":"https:\/\/coinwire.com\/vi\/san-dex-la-gi\/","title":{"rendered":"S\u00e0n DEX l\u00e0 g\u00ec? Top s\u00e0n phi t\u1eadp trung uy t\u00edn hi\u1ec7n nay"},"content":{"rendered":"\n

S\u00e0n DEX hay c\u00f2n g\u1ecdi l\u00e0 s\u00e0n giao d\u1ecbch phi t\u1eadp trung \u0111\u01b0\u1ee3c sinh ra nh\u1eb1m m\u1ee5c \u0111\u00edch gi\u1ea3i quy\u1ebft c\u00e1c v\u1ea5n \u0111\u1ec1 v\u1ec1 quy\u1ec1n ki\u1ec3m so\u00e1t t\u00e0i s\u1ea3n b\u1eb1ng c\u00e1ch cho ph\u00e9p ng\u01b0\u1eddi d\u00f9ng giao d\u1ecbch crypto m\u00e0 kh\u00f4ng t\u01b0\u1edbc b\u1ecf \u0111i quy\u1ec1n s\u1edf h\u1eefu, gi\u00e1m s\u00e1t t\u00e0i s\u1ea3n c\u1ee7a h\u1ecd.<\/p>\n\n\n\n

Hi\u1ec7n nay, h\u1ea7u h\u1ebft giao d\u1ecbch crypto tr\u00ean th\u1ebf gi\u1edbi \u0111\u1ec1u \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n th\u00f4ng qua c\u00e1c s\u00e0n giao d\u1ecbch t\u1eadp trung nh\u01b0 Binance, Coinbase, OKX,.. M\u1eb7c d\u00f9 c\u00e1c s\u00e0n giao d\u1ecbch t\u1eadp trung (CEX) cho ph\u00e9p c\u00e1c giao d\u1ecbch l\u1edbn di\u1ec5n ra nhanh ch\u00f3ng v\u1edbi thanh kho\u1ea3n t\u1ed1t. Tuy nhi\u00ean ng\u01b0\u1eddi d\u00f9ng c\u1ee7a c\u00e1c s\u00e0n kh\u00f4ng c\u00f3 to\u00e0n quy\u1ec1n ki\u1ec3m so\u00e1t t\u00e0i s\u1ea3n c\u1ee7a h\u1ecd, khi\u1ebfn t\u00e0i s\u1ea3n c\u1ee7a h\u1ecd g\u1eb7p r\u1ee7i ro trong tr\u01b0\u1eddng h\u1ee3p c\u00e1c s\u00e0n giao d\u1ecbch n\u00e0y b\u1ecb t\u1ea5n c\u00f4ng hay l\u1ea1m d\u1ee5ng v\u1ed1n c\u1ee7a h\u1ecd v\u00e0 kh\u00f4ng th\u1ec3 ho\u00e0n tr\u1ea3 l\u1ea1i s\u1ed1 ti\u1ec1n cho ng\u01b0\u1eddi d\u00f9ng. B\u00e0i vi\u1ebft d\u01b0\u1edbi \u0111\u00e2y s\u1ebd gi\u1edbi thi\u1ec7u v\u00e0 \u0111\u00e1nh gi\u00e1 s\u00e0n DEX \u0111\u1ec3 ch\u00fang ta c\u00f3 th\u1ec3 c\u00e2n nh\u1eafc l\u1ef1a ch\u1ecdn ph\u00f9 h\u1ee3p cho vi\u1ec7c giao d\u1ecbch c\u1ee7a b\u1ea3n th\u00e2n.<\/p>\n\n\n\n

<\/span>S\u00e0n DEX l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n\n\n\n

S\u00e0n DEX<\/a> l\u00e0 vi\u1ebft t\u1eaft c\u1ee7a Decentralized exchanges hay c\u00f2n g\u1ecdi l\u00e0 s\u00e0n giao d\u1ecbch phi t\u1eadp trung, n\u01a1i m\u00e0 c\u00e1c nh\u00e0 giao d\u1ecbch trao \u0111\u1ed5i crypto kh\u00f4ng c\u1ea7n th\u00f4ng qua m\u1ed9t t\u1ed5 ch\u1ee9c n\u00e0o m\u00e0 ch\u1ec9 c\u1ea7n smartcontract <\/a>(h\u1ee3p \u0111\u1ed3ng th\u00f4ng minh), \u0111\u01a1n gi\u1ea3n h\u01a1n ch\u00fang ta c\u00f3 th\u1ec3 hi\u1ec3u \u0111\u00f3 l\u00e0 c\u00e1c giao d\u1ecbch ngang h\u00e0ng. V\u00ec th\u1ebf, ng\u01b0\u1eddi d\u00f9ng s\u1ebd lu\u00f4n gi\u1eef t\u00e0i s\u1ea3n c\u1ee7a h\u1ecd m\u00e0 kh\u00f4ng c\u1ea7n g\u1eedi \u0111\u1ebfn m\u1ed9t t\u1ed5 ch\u1ee9c hay c\u00e1 nh\u00e2n n\u00e0o \u0111\u1ec3 th\u1ef1c hi\u1ec7n giao d\u1ecbch.<\/p>\n\n\n\n

Cu\u1ed1i n\u0103m 2018, s\u00e0n DEX \u0111\u1ea7u ti\u00ean \u0111\u01b0\u1ee3c kh\u1edfi ch\u1ea1y tr\u00ean blockchain Ethereum l\u00e0 Uniswap \u0111\u00e3 g\u00e2y \u0111\u01b0\u1ee3c s\u1ef1 ch\u00fa \u00fd c\u1ee7a c\u1ed9ng \u0111\u1ed3ng nh\u1eefng nh\u00e0 \u0111\u1ea7u t\u01b0 crypto khi \u0111\u00e3 gi\u1ea3i quy\u1ebft \u0111\u01b0\u1ee3c m\u1ed9t s\u1ed1 v\u1ea5n \u0111\u1ec1 nh\u01b0 b\u1ea3o m\u1eadt th\u00f4ng tin c\u00e1 nh\u00e2n v\u00e0 \u201cphi t\u1eadp trung\u201d. Nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 cho r\u1eb1ng s\u1ef1 b\u00f9ng n\u1ed5 c\u1ee7a th\u1ecb tr\u01b0\u1eddng crypto trong kho\u1ea3ng th\u1eddi gian 2019-2021 ch\u00ednh l\u00e0 s\u1ef1 b\u00f9ng n\u1ed5 c\u1ee7a DeFi v\u00e0 c\u00e1c s\u00e0n DEX \u2013 m\u1ed9t ph\u1ea7n c\u1ee7a DeFi \u0111\u00f3ng vai tr\u00f2 quan tr\u1ecdng trong s\u1ef1 th\u00e0nh c\u00f4ng \u0111\u00f3.<\/p>\n\n\n\n

Hi\u1ec7n nay c\u00e1c s\u00e0n DEX kh\u00e1 ph\u1ed5 bi\u1ebfn v\u1edbi r\u1ea5t nhi\u1ec1u l\u1ef1a ch\u1ecdn, m\u1ed7i blockchain \u0111\u1ec1u c\u00f3 t\u1eeb 1-2 s\u00e0n DEX nh\u01b0 Uniswap v\u00e0 Sushiswap \u1edf Ethereum, Quickswap \u1edf Polygon, Pancakeswap \u1edf BNB Chain,\u2026 D\u00f9 hi\u1ec7n t\u1ea1i th\u1ecb tr\u01b0\u1eddng \u0111ang r\u1ea5t \u1ea3m \u0111\u1ea1m nh\u01b0ng c\u00e1c s\u00e0n DEX v\u1eabn \u0111ang ho\u1ea1t \u0111\u1ed9ng r\u1ea5t \u1ed5n \u0111\u1ecbnh v\u00e0 \u0111\u00f3ng vai tr\u00f2 kh\u00f4ng nh\u1ecf cho s\u1ef1 duy tr\u00ec, ph\u00e1t tri\u1ec3n c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/p>\n\n\n\n

<\/span>C\u00e1c lo\u1ea1i s\u00e0n DEX<\/strong><\/span><\/h2>\n\n\n\n

C\u00f3 hai lo\u1ea1i s\u00e0n DEX c\u01a1 b\u1ea3n \u0111\u00f3 l\u00e0: Order Book<\/strong> v\u00e0 Liquidity Pool<\/strong>. D\u01b0\u1edbi \u0111\u00e2y ch\u00fang t\u00f4i s\u1ebd gi\u1ea3i th\u00edch \u0111\u01a1n gi\u1ea3n v\u1ec1 c\u00e1ch ho\u1ea1t \u0111\u1ed9ng c\u1ee7a ch\u00fang.<\/p>\n\n\n\n

Order Book<\/em><\/strong><\/h3>\n\n\n\n

C\u00e1c s\u00e0n DEX-Order Book l\u00e0 c\u00e1c s\u00e0n cho ph\u00e9p c\u00e1c nh\u00e0 giao d\u1ecbch \u0111\u1eb7t l\u1ec7nh mua\/b\u00e1n cho m\u1ed9t t\u00e0i s\u1ea3n c\u1ee5 th\u1ec3 \u1edf nhi\u1ec1u m\u1ee9c gi\u00e1 kh\u00e1c nhau. Ch\u00fang ta c\u00f3 th\u1ec3 th\u1ea5y c\u00e1c ho\u1ea1t \u0111\u1ed9ng c\u1ee7a ch\u00fang gi\u00e1 gi\u1ed1ng v\u1edbi c\u00e1c s\u00e0n giao d\u1ecbch t\u1eadp trung. Tuy nhi\u00ean s\u1ef1 kh\u00e1c bi\u1ec7t ch\u00ednh l\u00e0 v\u1edbi CEX, t\u00e0i s\u1ea3n \u0111\u01b0\u1ee3c gi\u1eef trong v\u00ed s\u00e0n giao d\u1ecbch v\u1edbi CEX, trong khi v\u1edbi DEX th\u00ec t\u00e0i s\u1ea3n c\u1ee7a h\u1ecd n\u1eb1m \u1edf v\u00ed c\u1ee7a ng\u01b0\u1eddi d\u00f9ng. <\/p>\n\n\n\n

C\u00e1c s\u00e0n DEX lo\u1ea1i n\u00e0y bao g\u1ed3m m\u1ed9t s\u1ed1 c\u00e1i t\u00ean quen thu\u1ed9c nh\u01b0 dYdX, Loopring. \u0110i\u1ec3m y\u1ebfu c\u1ee7a c\u00e1c s\u00e0n DEX lo\u1ea1i n\u00e0y \u0111\u00f3 l\u00e0 v\u1ea5n \u0111\u1ec1 thanh kho\u1ea3n v\u00e0 t\u1ed1c \u0111\u1ed9 giao d\u1ecbch, v\u00ec th\u1ebf ch\u00fang ch\u1ec9 th\u01b0\u1eddng \u0111\u01b0\u1ee3c ph\u00e1t tri\u1ec3n tr\u00ean c\u00e1c blockchain layer-2.<\/p>\n\n\n\n

Liquidity Pool<\/em><\/strong><\/h3>\n\n\n\n

C\u00e1c s\u00e0n DEX-Liquidity Pool l\u00e0 c\u00e1c s\u00e0n giao d\u1ecbch phi t\u1eadp trung d\u1ef1a tr\u00ean ngu\u1ed3n d\u1eef tr\u1ef1 c\u1ee7a c\u00e1c \u0111\u1ed3ng coin n\u1eb1m tr\u00ean c\u00e1c h\u1ee3p \u0111\u1ed3ng th\u00f4ng minh v\u00e0 ch\u00fang c\u00f3 s\u1eb5n \u0111\u1ec3 ng\u01b0\u1eddi d\u00f9ng c\u00f3 th\u1ec3 s\u1eb5n s\u00e0ng trao \u0111\u1ed5i. H\u1ea7u h\u1ebft c\u00e1c s\u00e0n DEX n\u00e0y \u0111\u1ec1u d\u1ef1a tr\u00ean m\u1ed9t thu\u1eadt to\u00e1n \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 Automated Market Makers (AMM). AMM \u0111\u01b0\u1ee3c xem l\u00e0 m\u1ed9t trong nh\u1eefng ph\u00e1t minh s\u00e1ng t\u1ea1o nh\u1ea5t th\u1ecb tr\u01b0\u1eddng DeFi trong nh\u1eefng n\u0103m tr\u1edf l\u1ea1i \u0111\u00e2y. <\/p>\n\n\n\n

Ph\u1ea7n l\u1edbn hi\u1ec7n nay c\u00e1c s\u00e0n DEX c\u00f3 m\u1eb7t tr\u00ean th\u1ecb tr\u01b0\u1eddng \u0111\u1ec1u ph\u00e1t tri\u1ec3n d\u1ef1a tr\u00ean AMM, c\u00e1c s\u00e0n DEX l\u1edbn hi\u1ec7n n\u00e0y l\u00e0 Uniswap, DODO, Curve, Pancakeswap \u0111\u1ec1u s\u1eed d\u1ee5ng m\u00f4 h\u00ecnh n\u00e0y. B\u00ean d\u01b0\u1edbi l\u00e0 \u1ea3nh m\u00f4 ph\u1ecfng c\u00e1ch c\u00e1c s\u00e0n DEX AMM ho\u1ea1t \u0111\u1ed9ng.<\/p>\n\n\n\n

\"Diagram\n\nDescription<\/figure>\n\n\n\n

<\/span>S\u1ef1 kh\u00e1c nhau gi\u1eefa DEX v\u00e0 CEX<\/strong><\/span><\/h2>\n\n\n\n

\u0110\u1ed1i ng\u01b0\u1ee3c v\u1edbi c\u00e1i t\u00ean s\u00e0n giao d\u1ecbch phi t\u1eadp trung ch\u00ednh l\u00e0 s\u00e0n giao d\u1ecbch t\u1eadp trung (CEX). So s\u00e1nh s\u1ef1 kh\u00e1c nhau gi\u1eefa 2 lo\u1ea1i s\u00e0n giao d\u1ecbch n\u00e0y s\u1ebd gi\u00fap ch\u00fang ta hi\u1ec3u h\u01a1n v\u1ec1 DEX.<\/p>\n\n\n\n

Quy\u1ec1n s\u1edf h\u1eefu, gi\u00e1m s\u00e1t t\u00e0i s\u1ea3n<\/em><\/strong><\/h3>\n\n\n\n

S\u1ef1 kh\u00e1c nhau c\u01a1 b\u1ea3n ch\u00ednh l\u00e0 quy\u1ec1n s\u1edf h\u1eefu, gi\u00e1m s\u00e1t t\u00e0i s\u1ea3n. Trong khi c\u00e1c s\u00e0n CEX bu\u1ed9c ng\u01b0\u1eddi d\u00f9ng ph\u1ea3i g\u1eedi t\u00e0i s\u1ea3n c\u1ee7a h\u1ecd v\u00e0o v\u00ed c\u1ee7a c\u00e1c s\u00e0n giao d\u1ecbch th\u00ec ng\u01b0\u1eddi d\u00f9ng c\u00e1c s\u00e0n DEX l\u1ea1i ch\u1ec9 c\u1ea7n \u0111\u1ec3 ti\u1ec1n tr\u00ean v\u00ed ti\u1ec1n \u0111i\u1ec7n t\u1eed c\u00e1 nh\u00e2n<\/a> c\u1ee7a h\u1ecd. Vi\u1ec7c g\u1eedi ti\u1ec1n v\u00e0o v\u00ed c\u1ee7a s\u00e0n khi\u1ebfn ng\u01b0\u1eddi d\u00f9ng \u0111\u1ed1i m\u1eb7t v\u1edbi r\u1ee7i ro l\u00e0 t\u00e0i s\u1ea3n c\u1ee7a h\u1ecd s\u1ebd b\u1ecb hack hay th\u1eadm ch\u00ed l\u00e0 s\u00e0n chi\u1ebfm d\u1ee5ng v\u1ed1n c\u1ee7a ng\u01b0\u1eddi d\u00f9ng \u0111\u1ec3 \u0111i \u0111\u1ea7u t\u01b0 v\u00e0o ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ee7a h\u1ecd. <\/p>\n\n\n\n

\u0110i\u1ec3n h\u00ecnh l\u00e0 s\u00e0n Bitmart b\u1ecb l\u1ed9 private key c\u1ee7a v\u00ed v\u00e0 b\u1ecb \u0111\u00e1nh c\u1eafp 200 tri\u1ec7u USD hay s\u00e0n FTX ph\u00e1 s\u1ea3n v\u00ec chi\u1ebfm d\u1ee5ng v\u1ed1n c\u1ee7a ng\u01b0\u1eddi d\u00f9ng \u0111em \u0111i kinh doanh b\u1ecb l\u1ed7 n\u1eb7ng. C\u1ea3 hai tr\u01b0\u1eddng h\u1ee3p n\u00e0y ng\u01b0\u1eddi d\u00f9ng \u0111\u1ec1u kh\u00f4ng \u0111\u01b0\u1ee3c b\u1ed3i th\u01b0\u1eddng hay r\u00fat ti\u1ec1n ra kh\u1ecfi s\u00e0n giao d\u1ecbch.<\/p>\n\n\n\n

B\u1ea3o m\u1eadt th\u00f4ng tin c\u00e1 nh\u00e2n<\/em><\/strong><\/h3>\n\n\n\n

S\u1ef1 kh\u00e1c nhau th\u1ee9 hai \u0111\u00f3 l\u00e0 v\u1ea5n \u0111\u1ec1 b\u1ea3o m\u1eadt th\u00f4ng tin c\u00e1 nh\u00e2n ng\u01b0\u1eddi d\u00f9ng. V\u1edbi vi\u1ec7c s\u1eed d\u1ee5ng c\u00e1c s\u00e0n CEX, ng\u01b0\u1eddi d\u00f9ng bu\u1ed9c ph\u1ea3i ti\u1ebfn h\u00e0nh KYC \u0111\u1ec3 c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng ph\u1ea7n l\u1edbn c\u00e1c ch\u1ee9c n\u0103ng c\u1ee7a s\u00e0n. C\u00f2n n\u1ebfu ch\u00fang ta s\u1eed d\u1ee5ng c\u00e1c s\u00e0n DEX, ch\u00fang ta ch\u1ec9 c\u1ea7n k\u1ebft n\u1ed1i v\u00ed c\u00e1 nh\u00e2n v\u00e0 th\u1ef1c hi\u1ec7n c\u00e1c giao d\u1ecbch c\u1ee7a m\u00ecnh m\u00e0 kh\u00f4ng c\u1ea7n x\u00e1c minh danh t\u00ednh hay th\u00f4ng tin c\u00e1 nh\u00e2n.<\/p>\n\n\n\n

T\u1ed1c \u0111\u1ed9 giao d\u1ecbch<\/em><\/strong><\/h3>\n\n\n\n

M\u1eb7c d\u00f9 c\u00e1c blockchain layer-2 \u0111\u00e3 c\u1ea3i thi\u1ec7n t\u1ed1c \u0111\u1ed9 giao d\u1ecbch t\u0103ng l\u00ean r\u1ea5t nhi\u1ec1u l\u1ea7n, tuy nhi\u00ean khi th\u1ef1c hi\u1ec7n c\u00e1c giao d\u1ecbch tr\u00ean c\u00e1c s\u00e0n DEX v\u1eabn c\u00f2n r\u1ea5t ch\u1eadm h\u01a1n r\u1ea5t nhi\u1ec1u so v\u1edbi c\u00e1c s\u00e0n CEX. Ch\u00fang ta c\u00f3 th\u1ec3 c\u1ea3m nh\u1eadn \u0111\u01b0\u1ee3c c\u00e1c l\u1ec7nh c\u1ee7a m\u00ecnh \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n ngay l\u1eadp t\u1ee9c khi s\u1eed d\u1ee5ng s\u00e0n CEX, trong khi s\u00e0n DEX ch\u00fang ta ph\u1ea3i \u0111\u1ee3i blockchain x\u00e1c nh\u1eadn l\u1ec7nh c\u1ee7a ch\u00fang ta t\u1eeb 1-3s.<\/p>\n\n\n\n

Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch<\/em><\/strong><\/h3>\n\n\n\n

M\u1eb7c d\u00f9 \u0111\u01b0\u1ee3c r\u1ea5t nhi\u1ec1u nh\u00e0 giao d\u1ecbch s\u1eed d\u1ee5ng, tuy nhi\u00ean so v\u1edbi c\u00e1c s\u00e0n giao d\u1ecbch t\u1eadp trung th\u00ec kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch h\u00e0ng ng\u00e0y c\u1ee7a s\u00e0n DEX v\u00e0 CEX \u0111ang c\u00f2n c\u00e1ch bi\u1ec7t nhau r\u1ea5t nhi\u1ec1u. Ch\u00fang ta c\u00f3 th\u1ec3 xem b\u00e1o c\u00e1o th\u1ed1ng k\u00ea kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch \u0111\u1ebfn t\u1eeb Coingecko<\/a> \u1edf h\u00ecnh b\u00ean d\u01b0\u1edbi.<\/p>\n\n\n\n

\"A<\/figure>\n\n\n\n

<\/span>\u01afu v\u00e0 nh\u01b0\u1ee3c \u0111i\u1ec3m c\u1ee7a s\u00e0n DEX<\/strong><\/span><\/h2>\n\n\n\n

\u01afu \u0111i\u1ec3m<\/em><\/strong><\/h3>\n\n\n\n