Regulatory Impact: CEXs have faced increased regulatory scrutiny, particularly in the United States, leading to legal challenges and a push for greater compliance. This has prompted some users to explore DEXs as alternatives that offer more privacy and autonomy.
Growth of DEXs: DEXs have seen significant growth, accounting for approximately 40% of the market share. This trend is expected to continue as decentralized finance (DeFi) matures and more users seek platforms that offer greater control over their assets.
Hybrid Models: Some platforms are exploring hybrid models that combine the user friendly features of CEXs with the decentralized benefits of DEXs. For example, BYDFi has introduced a dual engine architecture that integrates centralized and decentralized trading capabilities.
