Understand the fundamental difference between custodial and non-custodial trading. Learn why "Not your keys, not your coins" is the golden rule of crypto.
In the world of finance, "custody" refers to who has physical or digital possession of your assets.
Think of a traditional bank. You give them your money, and they give you an IOU. They control the assets, and you must ask permission to move them.
You are the sole possessor of your private keys. Assets live on the blockchain, and only you can authorize transactions. No middlemen involved.
The collapse of several major centralized exchanges has highlighted the inherent risks of custodial services. Non-custody provides three pillars of security:
Trade non-custodial on Dexly
Dexly is built as a transparent interface to the Hyperliquid Layer 1 blockchain. When you trade on Dexly, you aren't depositing into a Dexly-owned account.
The most famous phrase in crypto is: "Not your keys, not your coins."
By choosing non-custodial platforms like Dexly, you are embracing the true spirit of decentralization. You have 100% ownership, 100% transparency, and 100% control over your financial future.
Perps, spot, copy & prediction markets in one fast, non-custodial app. Get Dexly on iOS & Android and start in seconds.
Risk Warning: Trading perpetual futures involves significant risk of loss. Only trade with capital you can afford to lose. Dexly is a non-custodial interface; you are responsible for your own funds and trading decisions.
Trade non-custodial on Dexly
