> For the complete documentation index, see [llms.txt](https://docs.native.org/native-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.native.org/native-whitepaper/introduction/project-owned-dex.md).

# Project Owned DEX

A project-owned DEX is an exchange with on-chain settlement and custody, owned and operated by a specific project. Usually, it will also be integrated into that project’s UI or website.