Devs, we recently encounter many hacking incident and may be in future this will continue so how would you ensure the security of this platform, is it secured?
On CEX, every transaction is supervised and recorded by a central agency (ie, the exchange itself). Through smart contracts, DEX executes transactions and records them in the blockchain, thereby realizing trustless transactions. Since DEXs do not hold your funds, they are unlikely to be targeted by hackers. Why are you scared?