What Are the Advantages of Using a Decentralized Exchange (DEX) for Options Trading?
The primary advantages of using a DEX for options trading are self-custody, transparency, and censorship resistance. Unlike centralized exchanges, DEXs allow users to trade directly from their own wallets, retaining full control over their funds.
All transactions and the rules of the protocol are recorded on the blockchain, providing complete transparency. Because there is no central entity, DEXs are resistant to censorship and can offer a permissionless platform for anyone to create and trade options markets, fostering innovation in financial products.