#中心化与去中心化交易所

CEX/DEX Dual Track System:

① Centralized (CEX): Binance/OKX daily trading volume $82 billion, strong regulatory KYC with withdrawal delays <3 minutes, but there is a risk of single point failure;

② Decentralized (DEX): Uniswap V4 market share increased to 38%, smart contract audit pass rate 91%, on-chain settlement delay tolerance ≥12 seconds;

Liquidity difference: BTC/USDT price spread CEX (0.08%) < DEX (0.35%), but DEX impermanent loss decreased by 42% year-on-year;

New regulation warning: FATF requires CEX reserve proof to be publicly announced monthly (effective July 1), DEX cross-chain bridge needs to pass OAK Network anti-money laundering certification.