Decentralized crypto exchanges take aim at institutional markets
With more than $2 billion in crypto assets stolen to date through fraud or hacks on CEXs, DEXs are gaining attention. DEXs offer a peer-to-peer or order book-based, non-custodial, trustless exchange solution; they conduct trades on-blockchain, so parties exchange assets directly, eliminating the need for a central party to hold client funds. A fully on-chain…