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How Does the Concept of “Atomic Swap” Relate to DEX Trading?

An atomic swap is a technology that allows two parties to exchange different cryptocurrencies directly from their respective wallets without needing a centralized intermediary. While most modern DEXs use liquidity pools and smart contracts (like Uniswap), the principle of an atomic swap ▴ trustless, simultaneous exchange ▴ is foundational to the non-custodial nature of DEX trading enabled by smart contracts.

What Is Atomic Swap Technology and How Could It Impact OTC Settlement?
How Do Atomic Swaps Facilitate Trustless Cross-Chain Token Transfers?
How Does the Concept of ‘Trustless’ Exchange Relate to OTC DVP in Crypto?
Define “Atomic Swap” and Its Role in Trustless Cross-Chain Trading