14 out of 25 decentralized exchanges, or DEXs, score poorly in terms of cybersecurity, according to a recent report.
CER’s criteria included several factors such as whether a DEX underwent security audit, the availability of bug bounties and if it had proper SSL/TLS certificates. CER deemed any score below 6 as “low” and, thus, “not safe.” Only two of the DEXs received a “high” score: Uniswap and Syntetyx.