I think DEXes have their limitations and potential risks, such as high slippage and scam projects. CEXes also have their own weaknesses. So, I believe the future of exchanges lies in hybrid models that combine the best of both worlds. These exchanges could offer the security and control of DEXes along with the speed and liquidity of CEXes. This could be an attractive option for traders who are hesitant to fully trust either type of exchange independently.
and that is also one of DEX's weaknesses so far, we can even fall into fraudsters' traps due to scam tokens that can be exchanged on DEX which can have a negative impact on all assets in our wallet. so there's no point in looking for who is the best of the two because both of them have the same advantages and disadvantages