#CEXvsDEX101
have lower liquidity compared to CEXs.[9]
Market Trends and Future Outlook
Recent trends indicate a resurgence of DEXs, driven by factors such as the success of memecoins on Solana and the revival of DeFi on Ethereum. The trading volume on DEXs has increased significantly, with some DEXs, like Hyperliquid, experiencing tremendous success.[10]
The choice between CEX and DEX ultimately depends on individual preferences regarding control, convenience, and security. While CEXs offer a user-friendly experience and high liquidity, DEXs provide decentralization, anonymity, and enhanced security.
Cited Sources
