After reading Jeff @chameleon_jeff's article

not entirely right, not entirely wrong

he highlighted the correct parts

Public trading information is better Fill, this is true in certain situations

Privacy is a necessity for certain trades, and that's also a fact

Saying transparency can be divided into high and low levels L0-L4 is sophistry

Dark Pool Dex will not completely outperform Transparent Dex

nor will it be fully consumed by Transparent Dex

I think the latter market is larger