Waves is a whole ecosystem, the blockchain, and Waves.Exchange is an exchange, based on the blockchain, i.e. part of the Waves ecosystem, that's it
Yea. Back in the day I used to be able to visits the Waves website. What is it now?
Is it was Waves DEX, or Waves Lite?
Okay! All previous DEX were transformed into Waves.Exchange, that's it. So, Waves.Exchange took all the best features and technologies from previous DEX and official clients in order to improve them for a new product and make it more user-friendly. The team is focused on liquidity, on adding more stable gateways managed by Waves.Exchange, on making UX/UI convenient for traders
I see. So waves.exchange is the part of Waves that we (customers, investors) can interact with.
Yep, that's right
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