1. The original intention of establishing DEXX

DEXX is an emerging decentralized exchange that aims to provide users with safe and convenient cryptocurrency trading services. The platform has attracted a large number of users with its user-friendly interface and diverse trading pairs, especially in the field of DeFi (decentralized finance), where DEXX is favored for its low fees and fast transactions.

2. Causes of thunderstorms and potential safety hazards

Recently, the DEXX exchange suddenly collapsed, resulting in a large amount of user asset losses. The main reasons include the platform's security vulnerabilities, smart contract defects, and lack of effective risk management measures. In addition, the platform failed to conduct sufficient security audits, allowing hackers to exploit these vulnerabilities to attack and cause user fund losses.

3. Is there any case of embezzlement by the project owner?

In this incident, the question of whether the DEXX project owner stole the funds has gradually surfaced. Some users suspect that the project owner may have deliberately set up loopholes in order to obtain user assets after the crash. Although there is no conclusive evidence, this speculation has exacerbated the trust crisis of users in the platform.

4. Popular platform in the market

After the DEXX crash, there are still some popular trading platforms in the market, such as Uniswap, SushiSwap and PancakeSwap, etc. These platforms still attract a large number of investors due to their mature technology, security and active user groups.

5. SafePal

SafePal is a secure cryptocurrency wallet that aims to provide users with secure and convenient digital asset management services. It supports multiple cryptocurrencies and has the functions of hardware wallet and software wallet. SafePal's security is due to its multi-signature and offline storage technology, ensuring the safety of user assets. At the same time, SafePal also provides a user-friendly interface, suitable for users of different levels, and has become the choice of more and more investors.