More and more people will open contracts on-chain instead of on exchanges.
In terms of experience, on-chain can already accommodate huge liquidity, and it is transparent. Because whether it is a so-called public or private order, it is the same on CEX; those who have the ability to snipe can also see it.
For large contract positions, it’s not about whether the order is public or private that is feared, but rather the risk of being manipulated behind the scenes or any other uncontrollable situations.
Opening a large contract position requires as much sense of security as possible.