CZ proposes to develop a dark pool DEX for futures contracts – A solution against market manipulation?

Changpeng Zhao (CZ), the founder of Binance, recently shared the idea of building a decentralized exchange (DEX) for perpetual contracts, applying the "dark pool" model – where trade orders are not made public until they are matched.

CZ's main goal is to protect large traders from the risk of position exposure, liquidation points, and price manipulation – issues commonly seen on current DEXs, where all orders are displayed publicly on the blockchain.

The "dark pool DEX" model will help improve privacy, fairness, and create a safer trading environment for institutions and individuals with large capital, while maintaining the decentralization and security of DeFi.

This proposal has garnered significant interest from the community, as the demand for position security becomes increasingly important in the modern crypto market.

#DeFiPrivacy #DarkPoolDex #CZ #FutureOfTrading #PerpetualDEX