Trading Pairs are assets that can be inter-exchanged directly without using an intermediate asset.
In the context of decentralized finance (DeFi), trading pairs refer to combinations of two DeFi assets that are traded on a DeFi exchange or platform.
Trading pairs are an important part of the DeFi ecosystem, as they provide a way for users to trade and exchange different DeFi assets. By using trading pairs, users can easily convert one DeFi asset into another, allowing them to gain exposure to a wider range of assets and to hedge their risks.
There are several different types of trading pairs in the DeFi ecosystem, each with its own unique features and characteristics. Some trading pairs are composed of two different DeFi tokens, such as Ethereum and Bitcoin, while others are composed of a DeFi token and a fiat currency, such as US dollars.
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