[ CEX들의 비밀 그리고 @Aptos 의 Decibel ]
CEX들은 많은 거래들은 처리합니다.
하지만 중앙화되어있는 만큼 우리는 알지 못하는 것들이 있습니다.
1.불투명
우리는 CEX에서 가격과 오더북만 볼 수 있습니다.
그렇기에 어떻게 매칭되는지는 알 수 없습니다.
Decibel은 모든 주문을 완전히 온체인에서 실행하고
공개되어있기 때문에 누구나 검증가능합니다.
2.유동성
CEX에서는 유동성을 고립시키고
Defi에서는 유동성이 분산되어있습니다.
Decibel은 하나의 엔진, 하나의 계정, 하나의 유동성풀
통합된 것으로 유동성의 효율화를 추구합니다.
3.속도
CEX는 속도는 빠르지만 온체인이 아닙니다.
Defi는 속도는 느리지만 온체인입니다.
Aptos위에 있는 Decibel은 125ms이하 블록속도와
1센트 미만 수수료 CEX급 속도를 제공함과 동시에 온체인입니다.
이러한 것들로 Decibel은 Nosie를 제거하려고합니다.
더불어
Decibel은 단순히 빠른 거래 엔진에 그치지 않습니다.
Aptos는 Block-STM 병렬 처리로 충분히 빠르며, 향후 ETF·PIPE·RWA 같은 TradFi 연결까지 포괄하는 그림을 그리고 있습니다.
결국 Decibel은 단순히 소음을 줄이는 것이 아니라,
온체인 속도 + 통합 유동성 + TradFi 확장성까지 보장하는 거래소를 개발하고 있습니다.

Secrets CEXs Won’t Tell You
(and How Decibel Fixes It)
1. Your trades aren’t as transparent as you think.
On a CEX, you see prices and order books. What you don’t see is how your order is actually executed. Matching happens offchain, in a black box.
Is there way to independently verify whether you got the best execution or not? NO.
The Fix: Every order on Decibel is executed fully onchain. Matching, settlement, and routing are transparent and verifiable by anyone. Proof is 100% public, not hidden.
2. Liquidity looks deep, but it’s fragmented.
CEXs compete by siloing liquidity. Even within DeFi, liquidity is split across dozens of venues, forcing traders to spread capital or settle for poor execution.
The Fix: A unified execution engine. One account, one pool of liquidity, across markets. No fragmentation. No capital spread thin.
3. Speed comes at the cost of decentralization.
CEXs deliver fast trades because they cut corners on-chain. In DeFi, most DEXs offer transparency, but speed and cost suffer. It’s 2025 and traders are still being forced to choose either speed or transparency.
The Fix: Built on Aptos, Decibel delivers CEX-grade speed (sub-125ms blocks, sub-penny fees) without compromising on decentralization.
4. Your capital is idle.
On CEXs, your funds sit locked in their custody until you trade or withdraw. They decide how capital flows behind the scenes.
The Fix: Your capital stays in your control. Fully onchain accounts mean you trade loud, without giving up custody or composability.
5. The system is designed to keep you dependent.
Every CEX is a walled garden. You trade inside their system, by their rules. If they go down, get hacked, or freeze withdrawals, you’re stuck.
The Fix: Composable by design, Decibel is not a walled garden, but a trading engine plugged directly into the Aptos ecosystem. Builders, protocols, and traders can integrate freely, sharing growth, not closed systems.
CEXs won’t tell you these truths because they thrive in opacity. But crypto was never meant to be opaque.
Decibel ends the noise:
- Fully onchain execution you can verify.
- Unified liquidity without fragmentation.
- Speed without compromise.
- Capital that stays in your control.
- A system built for composability, not captivity.
This is what trading should sound like.
This is

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