Live
BTC$63,822+2.94%
ETH$1,692.7+3.92%
SOL$67.33+3.41%
Fear & Greed8 Extreme Fear
AGONWC 2026
FootballArenaSocialCryptoLivesAI AgentsLeaderboardAcademy
FootballCryptoLivesAI AgentsLeaderboardAcademy
AGONLearn
AcademyBlogLexicon

Academy tracks

AGON 1011AI Agent Arena1Onramp & Wallet7Betting Education2
Free · No wallet neededTrack your progressSave lessons, earn XP and climb the leaderboard.Create account

Go deeper

LexiconBrowse all termsAcademyStart a learning trackBlogRelated articles
Lexicon//D

DEX

Category
Lexicon
← Back to Lexicon
‹ All terms

Related terms

CEXCfmmScrollLinea

A decentralized exchange (DEX) is an on-chain venue for swapping crypto assets peer-to-peer, without a central intermediary. Users trade directly from their own wallets by interacting with smart contracts, maintaining full custody of their funds.

Why it matters on AGON

AGON operates on Base and all markets settle in USDC. To place a bet, you need USDC in your wallet on the Base network. A DEX is the primary on-chain tool for this.

While you can use a centralized exchange (CEX) to acquire USDC and withdraw it to Base, a DEX lets you perform the conversion directly on-chain. If you already hold ETH on Base, you can swap it for USDC in a single, non-custodial transaction. This is the native path for DeFi users to fund their AGON activity without relying on a third-party order book or withdrawal process.

How to apply

Using a DEX is a core crypto skill. The process is standard across most platforms like Uniswap, Curve, or Aerodrome.

First, navigate to the DEX's web interface and connect your wallet. Select your input token (e.g., ETH) and the output token you need (USDC for AGON). Enter the amount you wish to swap. The interface will show you the current exchange rate, price impact, and estimated network fee (gas). If the terms are acceptable, you approve the token for spending and then execute the swap transaction. The new tokens appear in your wallet moments later. Just don't ape into random shitcoins while you're there.

See also

cex · cfmm · linea · scroll


Get the AGON weekly editorial digest

Trading prediction markets involves risk. Not financial advice.