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Why Centralized Exchanges Keep Building Their Way Into DeFi

Hacker Noon

TechnologyHacker Noon·Sep 9, 2026·1 min read

Why Centralized Exchanges Keep Building Their Way Into DeFi

For most of the last decade, centralized exchanges (CEXs) and decentralized finance sat on opposite sides of a line. One side custodied your funds and asked for KYC; the other handed you a seed phrase and told you not to lose it. That line…

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