What is Gravity DEX? In Simple Words

In simple terms, Gravity DEX is a decentralized exchange that enables cross-chain trading on the Cosmos ecosystem. It uses the Inter-Blockchain Communication (IBC) protocol to allow users to trade tokens from different blockchains, such as Cosmos Hub, Binance Chain, Terra, and Crypto.com.

Gravity DEX also uses an innovative price model called the Equivalent Swap Price Model (ESPM) to improve price discovery and reduce opportunities for arbitrage.