Can you really call it a DEX if the whole thing runs on centralized infrastructure? It's a funny contradiction when you think about it—decentralized exchange that actually isn't decentralized. The name doesn't match the mechanics. Some platforms claim they're decentralized while making all the key decisions from a central authority. That kind of defeats the whole purpose, doesn't it? If you're relying on servers and governance controlled by a single entity, what's the difference from a regular exchange? The crypto space keeps running into this same tension: projects that talk the decentralization talk but don't walk the walk. Worth questioning whether those platforms are living up to what DEX actually means.