オプションチェーンは、Neumora Therapeuticsの株式オプションの主要データを様々な行使価格と満期日で表示します。トレーダーはこの情報を使用して、潜在的な取引を分析し、Neumora Therapeuticsの市場センチメントを評価します。.

Neumora Therapeutics (NASDAQ:NMRA) 株価情報, オプションチェーン

Neumora Therapeutics

Neumora Therapeutics Inc is a clinical-stage biopharmaceutical company founded to confront the global brain disease crisis by taking a fundamentally different approach to the way treatments for brain diseases are developed. It has rapidly scaled its therapeutic pipeline, which currently consists of seven clinical and preclinical neuroscience programs that target novel mechanisms of action for a broad range of underserved neuropsychiatric disorders and neurodegenerative diseases. The company expects to continue to progress in the development of its pipeline with the planned initiation of multiple clinical trials across its programs over the next 12 to 18 months, which supports numerous anticipated data readouts.

Neumora Therapeutics, Inc. - Common Stock

Neumora Therapeutics Inc

WIIM

Hilton Worldwide shares are trading higher after the company reported Q4 earnings and revenue above estimates.

<a href="https://asia.nikkei.com/Politics/International-relations/Trump-and-Ishiba-to-discuss-joint-AI-chip-development-at-summit" title="https://asia.nikkei.com/Politics/International-relations/Trump-and-Ishiba-to-discuss-joint-AI-chip-development-at-summit">https://asia.nikkei.com/Politics/International-relations/Trump-and-Ishiba-to-discuss-joint-AI-chip-development-at-summit</a>
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Macro Economic Events

News

Econ #s

Economics

"Trump And Japanese PM Ishiba To Discuss Joint AI, Chip Development At Summit" - Nikkei Asia

JMP Securities analyst Reni Benjamin reiterates Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) with a Market Outperform and maintains $315 price target.

Price Target

Reiteration

Analyst Ratings

WDAY

JMP Securities Reiterates Market Outperform on Workday, Maintains $315 Price Target

Keefe, Bruyette &amp; Woods analyst Jade Rahmani maintains Meritage Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTH#NYSE">MTH</a>) with a Market Perform and lowers the price target from $97 to $90.

Keefe, Bruyette & Woods Maintains Market Perform on Meritage Homes, Lowers Price Target to $90

The United States Patent and Trademark Office has granted hardware wallet provider Tangem a patent for its private key backup technology, which eliminates the need for traditional seed phrases <a href="https://www.benzinga.com/money/best-crypto-wallets">in cryptocurrency wallets.</a>
The system allows secure key transfers between hardware wallets without relying on an intermediary, addressing a long-standing issue in self-custody security.
The technology enables users to create encrypted backups of their private keys on additional Tangem devices, ensuring recovery without exposing sensitive information. 
The system uses cryptographic verification and end-to-end encryption, preventing unauthorized access even if a smartphone is used as an intermediary during the transfer.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43532705/arthur-hayes-blasts-strategic-bitcoin-reserve-regulatory-bill-as-net-negatives">Arthur Hayes Blasts Strategic Bitcoin Reserve, Regulatory Bill As &#8216;Net Negatives&#8217;</a>
Andrey Lazutkin, Chief Technology Officer at Tangem, explained that in the process "The trusted device is the Tangem card itself". 
He further said that the system is comprised of &#8220;two or three cards, we establish a secure connection between them using the Diffie-Hellman algorithm with mutual authentication.&#8221; 
At that point &#8220;the private key gets securely transferred from one card to another, and then from the first card to the third."
By eliminating the need for written seed phrases and integrating a tamper-proof authentication process, Tangem aims to enhance security and accessibility for cryptocurrency users. 
The company's approach reflects a broader trend toward simplifying self-custody while mitigating common vulnerabilities in crypto storage.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43526178/ethereum-faces-intense-competition-from-solana-struggles-to-compete-with-bitcoin-jpmorgan">Ethereum Faces &#8216;Intense Competition&#8217; From Solana, Struggles To Compete With Bitcoin: JPMorgan</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Tangem Secures US Patent For Seedless Crypto Wallet Backup Technology

XPO, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPO#NYSE">XPO</a>) shares are trading higher after it&nbsp;reported&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/g43523291/xpo-reports-fourth-quarter-and-full-year-2024-results" rel="noreferrer noopener">fourth-quarter&nbsp;results</a>.
<ul>
<li>Revenue fell 1% year-over-year (Y/Y) to $1.921 billion, slightly missing the consensus of $1.922 billion.</li>
<li>The revenue&nbsp;decline was due to a decrease in fuel surcharge revenue in the North American LTL segment.</li>
<li>North American Less-Than-Truckload revenue stood at $1.16&nbsp;billion&nbsp;(-2.6%&nbsp;Y/Y). The segment saw a&nbsp;4.4% decrease in shipments per day, a&nbsp;5.7% decline in daily tonnage, and a&nbsp;6.3% increase in yield, excluding fuel.</li>
<li>Operating income was&nbsp;$148&nbsp;million, compared to&nbsp;$119&nbsp;million&nbsp;a year ago.</li>
<li>Adjusted EBITDA increased&nbsp;14.8% Y/Y&nbsp;to&nbsp;$303&nbsp;million&nbsp;in the quarter, and the margin expanded to&nbsp;15.8%&nbsp;from&nbsp;13.6%&nbsp;last year in the same quarter.</li>
<li>European Transportation generated revenue of&nbsp;$765&nbsp;million&nbsp;(+1.6%&nbsp;Y/Y), and the adjusted EBITDA fell to $27 million from $36 million a year ago quarter.</li>
<li>Adjusted EPS was 89 cents, up 15.6% Y/Y, <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">beating the consensus of 63 cents.</a></li>
</ul>
The freight and logistics company generated $189 million in operating cash flow for the quarter. It ended the quarter with $246 million in cash and cash equivalents on hand.
XPO CEO Mario Harik said the company&#8217;s North American LTL business outperformed full-year expectations. The segment reported adjusted operating income growth of 27% and adjusted operating ratio improvement of 260 basis points.
XPO also integrated 25 new service centers into our network. The company also reported a 7.8% increase in yield, excluding fuel, and a 6.8% increase in revenue per shipment.
"We've entered 2025 with strong momentum, following landmark network investments that strengthen our competitive position in a freight market recovery and for the long-term,&#8221; Harik said. &#8220;The intense execution you see in our results will continue to deliver years of margin expansion.&#8221;
Investors can gain exposure to the stock via&nbsp;The Alger ETF Trust Alger Weatherbie Enduring Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AWEG#NYSE">AWEG</a>) and ProShares Trust ProShares Supply Chain Logistics ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUPL#NYSE">SUPL</a>).
Price Action:&nbsp;XPO shares are up 6.96% at $145.80 at the last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/43531533" target="_blank" rel="noreferrer noopener">Top Wall Street Forecasters Revamp Amazon Price Expectations Ahead Of&nbsp;Q4&nbsp;Earnings</a></li>
</ul>
Image: Shutterstock

Earnings

Equities

Large Cap

Movers

AWEG

ProShares Trust ProShares Supply Chain Logistics ETF

SUPL

XPO Boasts Q4 Margin Expansion, Eyes Freight Market Recovery

JMP Securities analyst Reni Benjamin reiterates Uber Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) from Market Perform to Market Perform.

UBER

JMP Securities Reiterates Market Perform on Uber Technologiesto Market Perform

Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) shares are trading <a target="_blank" href="https://www.benzinga.com/pressreleases/25/02/n43525643/kellanova-reports-2024-fourth-quarter-results" rel="noreferrer noopener">relatively flat on Thursday</a>.
The company reported<a href="https://s203.q4cdn.com/897568180/files/doc_financials/2024/q4/K-Q4-2024-RESULTS.pdf" target="_blank" rel="noreferrer noopener"> fourth quarter</a> adjusted earnings per share of 92 cents, beating the street view of 83 cents.
Quarterly sales of $3.12 billion (down 1.6%) outpaced the analyst consensus estimate of $3.10 billion. Organic net sales rose 7% year over year to $3.396 billion.
Kellanova North America&#8217;s net sales fell 2%, impacted by price/mix and currency, but offset by volume growth. Europe also saw a 2% decrease, due to currency and lower volume, despite price/mix growth.
Latin America&#8217;s fourth quarter&nbsp;net sales dropped 8% from currency impacts, partially offset by price/mix growth. AMEA&#8217;s net sales increased by 2%.
Also Read:<a target="_blank" href="https://www.benzinga.com/government/regulations/25/02/43529306/tariffs-are-a-means-to-an-end-bessent-defends-trade-strategy-pushes-growth-plan" rel="noreferrer noopener"> &#8216;Tariffs Are A Means To An End&#8217;: Bessent Defends Trade Strategy, Pushes Growth Plan</a>
Organic net sales growth was driven by strong performance in emerging markets. Developed markets showed improvement in volume and sales, despite slower-than-expected demand recovery.
&#8220;A more growth-oriented portfolio and solid execution by our entire organization once again contributed to stand-out quarterly performance, as we concluded our first full year as Kellanova,&#8221; commented Steve Cahillane, Kellanova&#8217;s Chairman, President, and Chief Executive Officer.
Adjusted operating profit increased by 20%, excluding currency translation. The company exited the quarter with cash and equivalents worth $694 million and inventories worth 1.165 billion.
Long-term debt at the end of the quarter totaled $4.998 billion. Kellanova did not provide forward-looking guidance <a href="https://www.benzinga.com/markets/equities/24/08/40364761/confectionery-giant-mars-to-acquire-cheez-it-parent-kellanova-in-35-9b-deal">due to its pending merger with Mars, Incorporated.</a>
Price Action: K shares are trading higher by 0.12% to $81.96 at last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/biotech/25/02/43525518/eli-lilly-q4-earnings-strong-demand-for-mounjaro-but-prices-dip-forecasts-over-30-jump-in-2025-sales-on-newer-medicines" target="_blank" rel="noreferrer noopener">Eli Lilly Q4 Earnings: Strong Demand For Mounjaro But Prices Dip, Forecasts Over 30% Jump In 2025 Sales On Newer Medicines</a></li>
</ul>

Guidance

Markets

General

Pringles Parent Kellanova Tops Q4 Earnings Estimates, Despite Sluggish Sales In North America And Europe

Keefe, Bruyette &amp; Woods analyst Aidan Hall reiterates Moelis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MC#NYSE">MC</a>) with a Outperform and raises the price target from $86 to $92.

Keefe, Bruyette & Woods Reiterates Outperform on Moelis, Raises Price Target to $92

JMP Securities analyst Reni Benjamin reiterates Steris (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STE#NYSE">STE</a>) with a Market Outperform and maintains $265 price target.

JMP Securities Reiterates Market Outperform on Steris, Maintains $265 Price Target

NVRO

Nevro shares are trading higher after announcing that Globus Medical will acquire the company for approximately $250 million.

JMP Securities analyst Mitch Germain reiterates Safehold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAFE#NYSE">SAFE</a>) with a Market Outperform and maintains $35 price target.

SAFE

JMP Securities Reiterates Market Outperform on Safehold, Maintains $35 Price Target

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is one of the largest electric vehicle companies in the world, but it could be facing sales declines in parts of the world due to CEO Elon Musk's deeper <a href="https://www.benzinga.com/news/global/25/01/43172806/tesla-lost-15-billion-in-brand-value-in-2024-report-says-did-elon-musks-political-push-hurt-ev-giant">push into politics.</a>
What Happened: In recent weeks, sales data for electric vehicle sales in 2024 has shown Tesla's market share and overall unit sales declining in regions, including<a href="https://www.benzinga.com/trading-ideas/25/01/42978236/us-electric-vehicle-sales-hit-record-1-3-million-units-in-2024-despite-tesla-declines-top-10-bestselling-models-list"> the United States.</a>
Along with sales<a href="https://www.benzinga.com/trading-ideas/25/02/43447273/tesla-sales-drop-12-in-california-is-elon-musks-support-for-donald-trump-hurting-ev-sales"> drops in California </a>and the United States overall, Tesla's sales in Europe are taking a sharp hit.
An Electrek <a href="https://electrek.co/2025/02/05/tesla-sales-dropped-60-in-germany/">report</a>, citing data from Reuters and German road traffic agency KBA, shows Tesla's sales of 1,277 units in Germany for the month of January, down 59.5% year-over-year.
Sales are believed to be down due to the launch of the Model Y refresh and Musk's political push.
While Tesla's sales were down 59.5% in January, the overall German automotive market was down 2.8%. Battery-electric vehicle sales were up 53.5% year-over-year in Germany in January, meaning this was likely a Tesla problem and not the overall EV market.
Data shows sharp declines in the month of January across several European markets, which could be related to Musk's politics push and the Model Y update. Here are the sales figures below:
<ul>
<li>Germany: -59.5%</li>
<li>United Kingdom: -18.2%</li>
<li>France: -63.4%</li>
<li>Netherlands: -42.5%</li>
<li>Norway: -40.2%</li>
<li>Spain: -75.4%</li>
<li>Sweden: -46.0%</li>
<li>Denmark: -40.9%</li>
<li>Portugal: -31.0%</li>
</ul>
The overall drop was 50.4% year-over-year in January for the countries above combined.
Tesla sales were down 5.6% year-over-year in the United States in 2024, which came as the country set a record for EV sales for the year. In California, Tesla sales were down 12% year-over-year in 2024.
Are you buying when the CEOs of the Magnificent 7 are selling?
<ul>
<li>Stay in the know with our Insider Trades page — <a href="https://www.benzinga.com/sec/insider-trades/">see when leaders like Mark Zuckerberg, Elon Musk, and Jensen Huang are offloading their own shares.</a></li>
</ul>
Why It's Important: Musk has shown support for far-right German party Alternative for Germany and recently spoke virtually at<a href="https://www.benzinga.com/news/global/25/01/43251316/tesla-faces-boycott-call-in-poland-over-musks-wwii-comments"> the party's rally.</a>
During his appearance, Musk downplayed the importance of moving on from Germany's past, potentially referencing the Nazi party and World War II.
&#8220;Children should not be guilty of the sins of their parents, let alone their great-grandparents,&#8221; Musk said, as reported by&nbsp;<a href="https://www.bloomberg.com/news/articles/2025-01-27/tesla-faces-call-for-boycott-in-poland-after-musk-s-germany-remarks?srnd=homepage-americas&amp;sref=TBDibEcD" target="_blank" rel="noreferrer noopener">Bloomberg</a>.
Musk said there is a &#8220;too much focus on past guilt&#8221; during his virtual appearance. The comments came as the 80th anniversary of the liberation of the Auschwitz concentration camp was being recognized across Europe.
Polish Sports and Tourism Minister Slawomir Nitras called for a boycott in the country after Musk's comments.
In Poland, Tesla is the number one EV company with 4,460 vehicles sold in 2024, significantly more than second place Mercedes-Benz (1,640).
A Brand Finance survey showed Tesla's brand value declining $15 billion in 2024 dropping Tesla from 36th place to 18th place. In the survey, consumers were less likely to recommend or consider buying a Tesla vehicle with some users citing Musk's politics as the reason why.
While Musk has plenty of Tesla fans that will stay loyal no matter what he does or says, data is showing that Musk's deeper push into politics in America and Europe could have a drastic impact on Tesla's sales and market share in regions around the world.
TSLA Price Action: Tesla stock is down 3.2% to $366.19 on Thursday versus a 52-week trading range of $138.80 to $488.54. Tesla stock is now down 3.5% year-to-date in 2025, but remains up 97.8% over the past year.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/11/42023767/tesla-owners-who-dont-like-musk-are-letting-bumper-stickers-do-the-talking">Tesla Owners Who Don&#8217;t Like Musk Are Letting Bumper Stickers Do The Talking</a></li>
</ul>
Photo: Shutterstock

Politics

Trading Ideas

TSLA

Tesla Sales Drop 60% In Germany: Are Elon Musk's Politics Getting In The Way Of EV Growth?

Delek CEO Says Company Has the Option To Run More Light Sweet Crude, But It Does Not Have The Need To Right Now

Keefe, Bruyette &amp; Woods analyst Vasundhara Govil maintains Fiserv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>) with a Outperform and raises the price target from $238 to $260.

Keefe, Bruyette & Woods Maintains Outperform on Fiserv, Raises Price Target to $260

JMP Securities analyst Patrick Walravens reiterates Paycor HCM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYCR#NASDAQ">PYCR</a>) from Market Perform to Market Perform.

PYCR

JMP Securities Reiterates Market Perform on Paycor HCMto Market Perform

RNAZ

TransCode Therapeutics shares are trading higher after the company announced the completion of its cohort 3 initial dosing for its Phase 1 trial of TTX-MC138.

Wells Fargo analyst Larry Biegelsen maintains Boston Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>) with a Overweight and raises the price target from $100 to $118.

Wells Fargo Maintains Overweight on Boston Scientific, Raises Price Target to $118

The control of individuals by third parties has been a persistent practice, even in a population that is increasingly aware of the dangers it represents. However, a glimmer of hope has emerged through decentralised technology powered by distributed systems.
Since Satoshi Nakamoto published the Bitcoin whitepaper in 2008, the term &#8220;decentralization&#8221; has become a key concept in the realm of cryptocurrencies driven by blockchain technology.
<figure class="wp-block-image aligncenter"><img loading="lazy" decoding="async" width="523" height="148" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141914/image-1.png" alt="" class="wp-image-5529" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141914/image-1.png 523w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141914/image-1-300x85.png 300w" sizes="(max-width: 523px) 100vw, 523px" /><figcaption class="wp-element-caption">Bitcoin Whitepaper</figcaption></figure>
Let's explore what decentralisation truly means, why people should become familiar with it, and the benefits that decentralised solutions offer to individuals across various industries, such as finance.
<h2 class="wp-block-heading">Is decentralization the same as blockchain?</h2>
There has been a lot of noise around the word &#8220;decentralization&#8221; since cryptocurrencies became popular, and on some occasions, there&#8217;s the mistake of tacitly assuming that blockchain means decentralization.
For those newer to the industry, it can be complex to understand that both terms complement each other and are not necessarily synonyms. It&#8217;s important to point out that decentralization is a fundamental principle of blockchain technology, but they are not the same.
In simple terms, decentralization is about transferring control and decision-making to a distributed network. In blockchain, decentralization means that the attributes of decentralization are transferred from a centralized entity to a distributed network, which can be either public or private.
In this way, cryptocurrencies like Bitcoin are strengthened due to the presence of distributed nodes that function within a public, permissionless, decentralized peer-to-peer system, allowing for the transfer of assets without the control of third parties or centralized entities, as it is the Bitcoin network, under a consensus mechanism (PoW), that makes decisions regarding the security and governance of the network itself.
Eliminating the need for a single authority and intermediaries is part of the advantages offered by decentralization in blockchain, which in turn provides robustness and security to the network by reducing dependence on a single entity for operations.
In the case of decentralized platforms, such as cryptocurrency exchanges (DEXs), decentralization gives individuals the ability to have full control and custody of their funds when executing on-chain transactions, a huge step toward financial independence for individuals that had never been seen before the arrival of Bitcoin.
But why is decentralization so important today? To answer this question, it's necessary to understand the issues inherent to its counterpart: traditional centralized systems.
<h2 class="wp-block-heading">Centralization: Why it's disadvantageous to leave your funds in third-party custody</h2>
One of the major concerns that crypto aims to address since its inception is the single points of failure commonly associated with Web2, and to some extent, with certain Web3 entities that are vulnerable to technical failures, cyberattacks, or internal manipulations, especially when it comes to the custody of user funds.
Contrary to what many users consider to be decentralized, there are cryptocurrency exchanges that, while operating with on-chain transactions and allowing interaction with their smart contracts via their interface, still maintain the custody of funds in hybrid solutions that grant a certain degree of control over the funds deposited on the platform for trading.
It's quite typical to observe some decentralized trading platforms that require interaction with smart contracts to deposit user funds on-chain, but ironically, these funds are stored in wallets controlled by centralized entities.
<figure class="wp-block-image aligncenter"><img loading="lazy" decoding="async" width="1200" height="585" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-3-1.png" alt="" class="wp-image-5532" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-3-1.png 1200w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-3-1-300x146.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-3-1-1024x499.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-3-1-768x374.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /><figcaption class="wp-element-caption">Hyperliquid DEX</figcaption></figure>
This type of situation may mean giving centralized entities the power to restrict or censor transactions, limiting users&#8217; freedom to access their funds when needed, in addition to the risks posed by negligence or improper control of custody, which could allow malicious actors to exploit such vulnerabilities.
The lack of transparency in operations and decisions made regarding fund custody, particularly in the case of DEX platforms with fund custody solutions, is enough reason for distrust among users who value pure decentralization in blockchain. Moreover, the presence of intermediaries may, in some cases, lead to increased costs and transaction times, along with other key issues associated with centralized or hybrid solutions.
<h2 class="wp-block-heading">Advantages of decentralization in blockchain</h2>
The adoption of decentralized systems offers multiple benefits for users, especially in the areas of fund custody and cryptocurrency trading. Since the emergence of Uniswap, the industry has made significant progress in offering products that give users complete control when trading decentralized digital assets such as Bitcoin (BTC) or Ethereum (ETH).
Distributing control across multiple nodes enables more robust distributed systems that are harder for attackers to compromise. For this reason, using efficient blockchain networks with a high degree of decentralization (a large number of geographically distributed nodes) for developing platforms focused on digital asset trading provides enhanced security.
On the other hand, decentralization through a public ledger, accessible to all participants, fosters trust among users when making transactions that can be executed directly between the involved parties using multi-asset liquidity pool models based on AMM, reducing costs and increasing efficiency.
<figure class="wp-block-image aligncenter"><img loading="lazy" decoding="async" width="933" height="721" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-4.png" alt="" class="wp-image-5533" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-4.png 933w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-4-300x232.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-4-768x593.png 768w" sizes="(max-width: 933px) 100vw, 933px" /><figcaption class="wp-element-caption">Zeus Perpetual DEX</figcaption></figure>
Decentralized exchanges tend to have lower transaction fees, making them more cost-effective, especially when compared to centralized cryptocurrency exchanges.
Additionally, decentralized solutions for asset exchange minimize the risk of data breaches and allow users to trade with a certain degree of anonymity and privacy, as many DEXs do not require KYC procedures.
<h2 class="wp-block-heading">Examples of decentralized solutions</h2>
Decentralization has managed to penetrate several traditional industries, as it offers more equitable and secure alternatives:
<ul>
<li>Finance: Undoubtedly, one of the key foundations for the use of decentralized solutions lies in the vast ecosystem of decentralized finance (DeFi), where platforms operate that allow for reputation-based on-chain lending, yield generation, or simply executing financial instruments like leveraged futures, without the need to rely on traditional banking.</li>
</ul>
<figure class="wp-block-image aligncenter"><img loading="lazy" decoding="async" width="927" height="781" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-3.png" alt="" class="wp-image-5531" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-3.png 927w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-3-300x253.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141915/image-3-768x647.png 768w" sizes="(max-width: 927px) 100vw, 927px" /><figcaption class="wp-element-caption">Example of Descentralized Exchange Platform &#x7C; Source: Zeus Exchange</figcaption></figure>
<ul>
<li>Supply Chain Management: This is another sector that has benefited from the use of blockchain technology to track products from their origin to the final consumer, ensuring authenticity and preventing loss and fraud. There are many examples worldwide of the application of such decentralized solutions in traditional businesses.</li>
<li>Decentralized Identity: This is one of the cornerstones of the new digital era, where identities can be managed on-chain with a focus on privacy through the use of ZK proofs. This ensures automation, transparency, and integrity in online verification processes.</li>
<li>Electronic Voting: Blockchain-based voting systems guarantee integrity and transparency in electoral processes. Although it is a field that has not been fully exploited, there are successful use cases in various elections around the world.</li>
</ul>
<h2 class="wp-block-heading">Why a DEX is better than a CEX in terms of decentralization, security, and resilience</h2>
As mentioned earlier, decentralized exchanges (DEXs) have emerged as a fundamental part of the new ecosystem revolving around decentralized solutions, providing a tangible alternative to centralized exchanges (CEXs).
Thanks to DEXs, users can trade digital assets without intermediaries, take advantage of complex investment products such as perpetual swaps, and transact in a secure, non-custodial environment.
Since they are based on smart contracts and operate on highly efficient blockchain networks, DEXs are less susceptible to technical failures, restrictive regulations, or targeted attacks on central servers.
As a key component of the decentralized finance (DeFi) sector, DEXs have seen increased activity in recent years as individuals become more aware of the need to control their personal finances and explore the numerous opportunities offered by blockchain-powered technology. This growth is reflected in the sector&#8217;s key performance metrics.
<figure class="wp-block-image aligncenter"><img loading="lazy" decoding="async" width="709" height="556" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141914/image-2.png" alt="" class="wp-image-5530" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141914/image-2.png 709w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/02/06141914/image-2-300x235.png 300w" sizes="(max-width: 709px) 100vw, 709px" /><figcaption class="wp-element-caption">DEXs Volume by DeFiLlama</figcaption></figure>
Additionally, because there is no central authority, transactions are less likely to be banned or restricted by governments or regulatory bodies, as seen in the past with Tornado Cash.
Beyond preserving user anonymity, DEXs enable anyone with an internet connection to access and use the platform without geographic or time restrictions.
Ultimately, decentralization in blockchain technology is essential for ensuring fair, secure, and transparent transactions, giving users greater control and confidence in their financial operations.
<h2 class="wp-block-heading">Example of decentralized trading</h2>
Zeus Exchange is a example of decentralized platform that enables cryptocurrency trading through spot and perpetual contracts. Unlike centralized exchanges (CEXs), The exchange operates without intermediaries, allowing users to retain full control over their assets at all times, eliminating risks associated with hacks or arbitrary restrictions.
The platform leverages liquidity pools based on Automated Market Maker (AMM) technology (infra tech developed by Uniswap) , incorporating improvements for better price stability and capital efficiency compared to traditional AMM models. This optimized model, built on a diversified basket of assets, enhances liquidity and facilitates efficient trading in a transparent environment.
Furthermore, by running on blockchain networks, all transactions are immutably recorded, ensuring security and resistance to censorship. The platform also minimizes reliance on major financial players, democratizing access to advanced trading strategies such as perpetual swaps.
Currently in its incentivized testnet phase, Zeus Exchange aims to establish itself as a robust, resilient, and highly reliable option for trading high-demand assets like Bitcoin and Ethereum with high leverage for perpetual swaps execution.
With tools and the support of decentralized governance, this kind of platforms fosters a financial ecosystem where users are in control, paving the way for a new era of autonomous and secure trading.
Disclaimer: The platforms or assets mentioned here are merely examples used to explain the content of this article. Do not take this as financial advice or anything of the sort. Do your own research. You are solely responsible for your decisions.

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