Do you think that it is good alternative of the centralized ones?
I checked some of them and I think that one of the biggest problems is the liquidity and user experience, but they also have a lot of advantages:
- Extremely secure
- Users have full control over their funds
- Everything you need is public/privatekey, metamask or hardware wallet
- It is not required any personal data
- No one can stop the smart contract - it is unstoppable, because is running on the blockchain
- The code is open source
I have some friends which are building a DEX and they are focused on the security, transparency and UI.
You could check their platform here: https://weidex.market/exchange
I would be always happy to discuss anything regarding blockchain and DEXes.