Transparency: A Fundamental Right of FinanceOver the past decade, the vast majority of global crypto trading has remained in the hands of centralized exchanges (CEX):User assets are custodialMatching and liquidation logic is opaqueForced-liquidation behavior in volatility is hard to understandThe next black swan is always around the corner (Mt. Gox, FTX, Bitzlato…)The CEX golden age built market scale — and also the largest single-point-of-trust risk. More and more professional traders and ca...