Navigate through liquidity pools scenarios and make critical decisions! Learn key concepts as you try to keep your money safe.
MONEY:$1,000
Scenario 1 of 12
The Liquidity Pool Basics
You want to trade crypto on a DEX, but there's no order book. A friend explains liquidity pools - collections of tokens in smart contracts that enable trading. You can either provide liquidity (deposit tokens) or trade with existing pools.
Do liquidity pools enable trading without order books?
Press Y for YES or N for NO