Project to launch on polygon eco is polkadex, which is currently under development. There has never been an orderbook-based exchange in the polkadot ecosystem before, and this is the first project to accomplish so.Imo Polkadex tool is one of the best multichain dex tools available.
Considering the project fundamentals and the current market valuation; This is the best DEX I’ve come across since first researching about DEXes.$PDEX is built on substrate and is positioning itself to become the leading DEX on Polkadot. I don't know if they can achieve these goals, but the point the project has reached is promising.
$PDEX is a non-custodial, peer-to-peer order book DEX .So, first and foremost, the user will retain ownership over their crypto assets, which will not be administered by a centralized third party.I think DEX's will be much more preferred over Cex's over time.Polkadex may be lucky in this respect.
I agree,i prefer Dex too.Also Pdex will resemble a CEX in appearance, feel, and functionality, however it will be decentralized. Isn't it true that you may have the best of both worlds?
It's really nice to have the advantages of Cex but decentralize it.The two obvious advantages of DEXs are security and sovereignty.Because they are decentralised, they cannot be hacked by a single party, but a centralised exchange is more open to attacks, which might damage its users.Polkadex made the right choice by being decentralized