No, Mesh is not a decentralized exchange (DEX) in the traditional sense. Instead, we serve as a user interface (UI) that connects you to the Stellar DEX (Decentralized Exchange) and AMM (Automated Market Maker). Our focus is on providing you with easy access to the open marketplace facilitated by the Stellar network.
It's important to note that we don't maintain our own order books. Instead, all trading activities occur directly on the Stellar network. This means that we insert fee payments to our own fee accounts that would otherwise not be present if users interacted directly with the chain.
The advantage of trading on the Stellar network is that all transactions are settled within seconds. This fast settlement time is made possible by the underlying technology of the Stellar network itself. So when you make a trade on Mesh, you can have confidence that the transaction will be completed quickly and securely.
By providing you with a user-friendly interface, we enable you to easily participate in the decentralized trading ecosystem while leveraging the speed and reliability of the Stellar network. Please feel free to reach out if you have any further questions or if there's anything else we can assist you with.