Data from The Block indicates that DEX platforms have overtaken their centralized counterparts in trading volume. What's driving this shift, especially when CEX platforms offer features like "zero-fee" swaps and streamlined interfaces?
The key advantage lies in potential rewards and security. While staking ETH on Binance has around 3.01% APR with moderate risk, decentralized alternatives like STONfi offer significantly higher returns—for instance, the $TON/USDT liquidity pool currently provides ~9% APR under comparable risk conditions.
The difference becomes even more apparent with volatile assets. Binance's DOGE staking offers just 7% APR despite high risk, whereas STONfi's TONG/TON farming delivers over 56% APR for similar exposure.
Beyond APRs, the core function of any swap platform is asset swaps. While fees may be comparable, DEXs provide a critical edge: true price transparency. This allows traders to capitalize on market dips and spikes more effectively, free from the distortions sometimes seen on centralized order books.
