Since the start of 2025, crypto exchanges have lost over $2.4B to hacks & exploits. But the way these failures happen looks very different between CEXs & DEXs.
CEX incidents were most often tied to compromised private keys, social engineering, or custodial failures. DEX exploits tend to stem from smart contract vulnerabilities or protocol design flaws.
In other words, both models carry risks, but the attack vectors differ significantly.
For the full picture, check out our CEX & DEX Trading Activity Report 2026: http:/gcko.io/drryepf
