Acknowledgement: we thank Ariel Gabizon, Daira Hopwood, Kobi Gurkan, Pratyush Mishra (in alphabetical order) for their kindly reviews and insightful comments.
Acknowledgement: we would like to thank barryWhiteHat, Jordi Baylina, Koh Wei Jie (in alphabetical order) for their insightful feedbacks.
Prerequisites: basic programming and blockchain knowledge, no cryptography background needed.
CEXs have been criticized a lot for their custody scheme. Recently, a top CEX in China ran into issues and users were not able to withdraw their funds for a month.
We believe in “Not your keys, not your coin”, and therefore want to build a better DEX for crypto…