What is the difference between a CEX and a DEX?

Answers from the sources

  1. Merehead

    “A CEX uses a centralized matching engine and operator-controlled workflows for custody, compliance, and operations. A DEX executes trading on-chain through smart contracts with non-custodial settlement.”

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urn:readyscan:corpus:buyer-question:merehead-q138849856-answer-0f2382f9fedec505732c
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Published
2026-10-25
Modified
2026-10-25
ready-scan-subjects/Q138849856
revision Q138849856:content:c8407866a3faa09d

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