With hacks occurring more frequently these days, I would strongly emphasize the importance of security. Whether it's a decentralized exchange (DEX) or a centralized exchange (CEX), no one is immune. First, we witnessed the Mixin incident, and now it's Galxe. It's crucial for everyone to assess the security measures of any platform before entrusting their funds. We all bear the responsibility to conduct thorough research before investing our hard-earned money
Mind you that exchanges are not supposed to be used for hodling your assets, your assets should be held in a non custodial wallet whilst exchanges should be used only for what they were built for, and that is for exchanging/converting/buying/selling assets. Having said that, centralized exchanges can lock your assets even at the point of deposit, but your assets cannot be locked/seized in decentralized exchanges because you have control over them, thus you should assess the risks before using either of them.