DeFi is hardly a magic salve for crypto’s multi-billion-dollar woes. Protocols can get hacked, duped, drained and worse, costing their customers large mixture losses. In distinction with the “black containers” of centralized exchanges, although, DEXes function based on their open-source code. Gunsberg famous DEXes have on-chain property which can be open for all to see – as long as one is aware of the place to look.
