# Why DEX Matter

Centralized exchanges (CeFi) dominate crypto trading, but history has shown that they also carry structural risks. Billions of dollars are lost each year due to hacks, mismanagement, or arbitrary restrictions. BuilDex addresses these issues with a **non-custodial model** powered by **zk-proofs** and **private pools**.

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### Key Facts

#### **$2.2B+ Lost in 2024**

In 2024, crypto platforms suffered losses exceeding **$2.2 billion** from hacks — most of them on centralized exchanges.\
👉 With BuilDex, custody is non-custodial: **your keys, your funds**.

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#### **$1.5B — Bybit Heist (2025)**

In early 2025, the largest exchange hack in history occurred: **$1.5 billion in ETH** stolen from Bybit by North Korean hackers.\
👉 Centralized custody creates a single point of failure. BuilDex eliminates this risk.

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#### **67% of Theft Linked to CeFi**

From 2017 to 2022, over **$30 billion** was stolen in crypto crime. **Two-thirds** of these losses originated from centralized finance platforms.\
👉 Decentralized models like BuilDex reduce systemic vulnerabilities.

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### Conclusion

Decentralization is not just a trend — it is a **necessary safeguard** against the recurring failures of centralized platforms.\
BuilDex leverages **zero-knowledge proofs** and **Dark Pool execution** to provide security, fairness, and true ownership for every trader.