A CEX-like DEX: an Interview with Polkadex CEO Gautham J

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A CEX-like DEX: an Interview with Polkadex CEO Gautham J
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A new DEX has unveiled a CEXier kind of exchange experience [Ad]

aiming to give users the best of both DEXes and CEXes, or centralized exchanges. The premise is relatively simple: Orderbook users can enjoy the speed, security and convenience of a CEX without having to hand over control of their assets. But, as with all solutions to complex problems, the creation of the

The recent FTX fiasco and the risks it revealed to both retail and institutional traders further solidifies the need for a non-custodial orderbook DEX.We’ve solved the problem of centralized exchange operators needing to hold custody of funds. To do so, we’ve built a non-custodial exchange that looks, performs, and feels like a CEX.

As of right now, DEXes are basically siloed. They are more or less bound by the networks they run on. For example, Ethereum-based DEXes are limited to trading Ethereum tokens. The THEA bridge will combine with the Polkadex parachain. to support tokens from the Polkadot network and its parachains and access ecosystems like Polygon and Ripple. This makes Polkadex Orderbook the first non-custodial, cross-chain, order-book based trading platform.

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