Story & Inspiration

Our founders’ personal experiences helped a lot with understanding current limitations of DeFi projects.

Here is a word from one of our co-founders:

“I have relied on centralized exchanges since getting into crypto. But one day the following thing happened: an exchange randomly suspended fund withdrawals for my account. I had to submit lots of documents describing my sourcing and usage of funds. Since then I started to research DEXs and use them.

Yet, I found that even on the largest DEXs - with the deepest liquidity pools - trading BTC for USDT often happens at a worse price than shown on CoinMarketCap. Moreover, the smaller chains with cheaper gas fees have even worse price slippage.

I started CEXISWAP so that users like me will keep full control of their funds, trading with CEX competitive prices even on smaller, less well-established blockchains.”