A CEX vs DEX comparison: Why is dYdX moving to Cosmos?
This article provides a brief comparative analysis between centralised exchanges (CEX) versus decentralised exchanges (DEX). This will be followed by a comparison of various DEX exchanges to understand why dYdX has opted to join the Cosmos ecosystem. The primary reasons are increased decentralisation, higher throughput, and a developer-friendly SDK. PART 1 — A DEEP DIVE INTO EXCHANGES AND HOW TRADES ACTUALLY HAPPEN