Haveno (the LocalMonero successor) now has multiple competing instances running the same protocol. This is what decentralization looks like in practice: - RetosSwap: The established player. ~$2M/month volume, 15% security deposits, battle-tested arbitration. - DawnSwap: The newcomer. 5% deposits (lower barrier), 24/7 arbitration, growing fast. - More instances launching regularly. The key insight: if one instance gets taken down, the others continue. Your trade history and wallet are LOCAL — no server holds your funds. This is fundamentally different from centralized exchanges where a seizure means your money is gone. The trade-off is liquidity fragmentation. Each instance has its own orderbook. But for privacy-focused traders, this is an acceptable cost for censorship resistance. If you're looking to buy or sell XMR for EUR with no KYC, Haveno instances are the most mature option right now. Cash by mail works EU-wide, face-to-face for local trades. #monero #haveno #dex #p2p #nokyc #privacy