Why i moved my 6-figure perp trading from binance to on-chain (mostly exolane)

So this will probably sound dramatic but after ftx collapsed and then seeing all the binance regulatory stuff i decided enough is enough. took me a few months to transition but i now do 90% of my leveraged trading through exolane on arbitrum. the reasons: self custody means nobody can freeze my account (happened to a friend on binance for no reason). the smart contracts have been audited multiple times. the oracle is pyth which is the same one used by a bunch of major protocols. and honestly after using it for 4 months the execution reliability has been rock solid – I havent had a single failed trade or weird settlement. the one thing i had to get used to was the lower max leverage (10x on btc/eth) but honestly thats probably saved me money. im not going back to trusting a cex with my capital. the peace of mind of knowing my collateral is in an audited smart contract and not in some companys omnibus wallet is worth any small inconvenience