MATRİX

Standard process of trading and placing orders on an exchange with an order book

1. Initial state 2. Transferring money to DEX

Your Your
DEX Smart contract DEX Smart contract
wallet wallet

Your coin Your coin

3. Creating an order on the DEX 4. Waiting for an order to be executed on the DEX

Your Your
DEX Smart contract DEX Smart contract
wallet wallet

No coin Your order No coin Your order is pending

5. Order execution on the DEX 6. Transfer the new coin back to your wallet

Your Your
DEX Smart contract DEX Smart contract
wallet wallet
Your new
No coin Your order is filled
coin
When your money is transferred to the DEX, that is, it is on the smart contract of the DEX, it is not in your wallet.
You trade them there, for example, you placed an order, even considering that this is not a CEX, they are at risk.
If at this moment the exchange is hacked, or another force majeure event occurs, you may lose all your money on the exchange.
For any trades you must transfer money to the exchange, you must take risks trusting your money to the exchange.

DEX is hacked
Your lost all your money on DEX

1. Initial state 2. Transferring Money to the DEX

Your wallet Your wallet
DEX Smart contract DEX Smart contract
Your coin Your coin

3. Creating an order on the DEX 4. Waiting for an order to be executed on the DEX

Your wallet DEX Smart contract Your wallet DEX Smart contract
No coin Your order No coin Your order is pending

5. Order execution on the DEX 6. Transfer the new coin back to your wallet
Your wallet DEX Smart contract Your wallet DEX Smart contract
No coin Your order is filled Your new coin
MATRİX is new type of exchange, MEX

No risk
No worries about your assets on the stock exchange
No sleepless nights
From now on and forever, you will trade safely without fear of hackers or unscrupulous DEX.

On MEX, you don't transfer money to the exchange,

you trade directly from your wallet