Decoded Intelligence Signal
Non-Custodial
intermediate
market_structure
Verified: May 26, 2026Lexicon Core Definition
A property of a trading venue or wallet where the user retains sole control of their private keys and funds — no third party holds assets on the user's behalf. DEXs and self-custody wallets are non-custodial; CEXs are custodial.
Analysis Breakdown
A property of a trading venue or wallet where the user retains sole control of their private keys and funds — no third party holds assets on the user's behalf. DEXs and self-custody wallets are non-custodial; CEXs are custodial. Full explanation coming soon when Journey 12 content is ingested.