Is KyberSwap decentralized?

I'm curious about the underlying architecture of KyberSwap. Could you please clarify whether KyberSwap operates in a decentralized manner? If so, could you elaborate on how it achieves decentralization and what are the benefits of this approach for users? On the other hand, if KyberSwap is not fully decentralized, could you explain the reasons behind this decision and what steps the platform is taking to ensure the security and privacy of its users?