Our Vision
Decentralized Infrastructure for the Future of Crypto
The fall of FTX in 2022 highlighted the inherent risks of non-custodial cryptocurrency exchanges, emphasizing the need for a more resilient, transparent, and decentralized trading infrastructure. The discrepancies between the ethos of decentralization, championed by the cryptocurrency community, and the practices of several centralized financial systems has become evident.
Advantages of Decentralized Systems
Decentralized exchanges offer a solution by prioritizing user autonomy, security, and transparency. Unlike CEX(centralized exchanges), DEXs function without intermediaries, ensuring users maintain full custody of their assets. This eliminates the need for trust in a third party and provides seamless integration with blockchain technology's transparent and immutable nature.
Challenges of Current DEX Infrastructure
However, DEXs are not without challenges. In their current form, many face barriers in scalability, user experience, and capital efficiency. With superior liquidity and transactional efficiency, centralized exchanges continue to maintain significant market dominance.
Entrance barrier to DEXs can be defined as a critical hurdle in the user experience: wallets.
Delivering the Vision of Blockchain
DEXs are more than just a decentralized alternative to CEXs with limited usability. They possess inherent strengths that are impossible on centralized platforms. While fintech has mostly focused on front-end innovations while still utilizing the legacy settlement infrastructures like the ACH Network, blockchain technology truly revolutionizes this back-end, marking a seminal shift in finance. Terms like transparency, interoperability, and programmability are not just buzzwords – they represent a transformative approach to finance that remained unchanged before DeFi. Aark is committed to leading the next revolution in decentralized derivatives trading by improving the self-custody experience, liquidity, and offering users products unavailable on CEXs.
Our Vision: Combining Efficiency with Decentralization
At Aark, we understand the inherent advantages of CEXs and DEXs. Our goal is to synthesize these strengths of CEXs – walletless experience, UXUI and speed – with those of DEXs – security, transparency, and user autonomy.
We are committed to overcoming the current limitations faced by DEXs, ensuring that traders and investors do not have to compromise between performance and security. Our mission is to set a new industry standard, creating an exchange that offers the best of both worlds – scalability and transparency.
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