Is maverick protocol a dex?

Excuse me, could you please clarify for me if Maverick Protocol is indeed a decentralized exchange, or DEX, as some seem to suggest? I've heard conflicting information about its functionality and architecture, and I'm interested in understanding its exact nature and how it operates within the broader cryptocurrency ecosystem. Would you be able to provide a concise yet informative explanation of whether Maverick Protocol fits the definition of a DEX, and if not, what sets it apart from other similar platforms? Thank you for your time and expertise.