Traders exploring new platforms often come across the hybrid crypto exchange concept as a balance between control and efficiency. This model attempts to combine fast order execution with elements of decentralized custody. Typically, order books operate centrally for speed, while asset settlement or storage may rely on blockchain mechanisms. This reduces single-point failure risks while maintaining liquidity depth. However, technical integration between both layers must be seamless to avoid vulnerabilities. Reviewing how custody, matching engines, and smart contracts interact can give clearer insight into whether this structure truly improves safety and performance.