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A new project called Blum, which is positioned as a cryptocurrency trading app, has attracted the attention of more than 50,000 enthusiasts within the first 48 hours of its launch. The platform says it will combine elements of a centralized exchange (CEX) and a decentralized exchange (DEX) and provide users with an unprecedented trading environment. But why has the project become so popular?

The truth is that Blum was headed by a team of former Binance executives with the goal of revolutionizing cryptocurrency trading. The hybrid exchange was selected for the seventh batch of Binance Labs, further highlighting its potential among 13 selected protocols from a competitive pool of more than 700 entries worldwide.

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