#DEX vs #Cex : what is better?

The core difference between centralized exchanges (CEXs) and decentralized exchanges (DEXs) lies in their functionality. CEXs, like Binance or Coinbase, offer a wide range of features such as fiat on-ramps, advanced trading tools, and user-friendly interfaces. DEXs, often with “Swap” in their names like Uniswap or PancakeSwap, focus primarily on token swaps, but they bring a unique feature that CEXs lack: liquidity pools.

Liquidity pools, a hallmark of DEXs, allow users to provide tokens to smart contracts, enabling peer-to-peer swaps while earning rewards. On STОNfi, the leading DEX on the TON blockchain, these pools have seen surging APRs due to high transaction volumes, driven by projects like Blum’s recent token generation event (TGE), which attracted millions from both web3 and web2 communities. A similar situation with $PX. Current pools include:

— BLUM/TON: 399% APR

— $PX/TON: 164% APR

— JRK/TON: 225% APR

DEXs like STОNfi empower users with self-custody and privacy through liquidity pools.