When you see the crypto market rise and fall, regulations tightening, and mainstream media reporting less on Web3, you might doubt:
'Is it still worth it? Have we missed something already?'
But if you calm down and think from basic logic, you'll realize—
> We haven't missed out, in fact, we are standing at the early starting point of a global financial restructuring.
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🌍 1. The world is seeking answers, and DEX is the most likely solution to become the 'consensus settlement layer'
Today's global financial system is a complex system built on trust, licenses, and reconciliation costs.
What DeFi does is convert this 'institutional trust' into 'protocol consensus'.
Take DEX as an example, it does not require intermediaries, does not rely on manual matching, is not restricted by borders, yet can operate continuously 24/7, record transparently, and is immutable.
> A cross-border transfer that traditional finance takes 3 days to complete, DEX can do it in a few minutes.
Traditional stablecoins rely on bank trust backing, while DEX completes clearing and settlement using smart contracts.
It's not just 'faster', it's a completely different level of efficiency structure.
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🏛 2. Countries issuing stablecoins will eventually connect to DEX
You might think: 'If countries are issuing their own CBDCs, do we still need decentralized finance?'
The reality is quite the opposite.
CBDC is a digitized fiat currency, but it lacks liquidity and global availability, and cannot be freely traded in open markets.
And DEX is exactly the answer to this gap:
It provides a truly 'exchangable' market for stablecoins.
It is the funding entry point for Web3 applications.
It serves as the settlement layer for cross-border e-commerce, creator economy, and on-chain finance.
Countries may restrict individuals, but they will absolutely not restrict the globalization of their stablecoins.
To achieve this, their only bridge is to collaborate with DEX.
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🧠 3. This is just the beginning
The DEX we see today is still in the early stages of technological evolution.
While the AMM model is convenient, it has issues with slippage, low efficiency, and MEV;
And platforms like DeepBook on Sui, Phoenix on Solana, and Fuel are beginning to drive the on-chain order book (CLOB) revolution;
Cross-chain protocols like LayerZero and Wormhole are also paving the way for a larger liquidity network.
What does this represent?
> The underlying 'protocol standardization' and 'liquidity sharing' of DEX are gradually being established,
Just like the Internet in 1996 when HTML 4.0 was just introduced, and many websites were still static pages.
Complaining today that DEX is not user-friendly is like complaining about slow web pages in the early 90s—
That's not being behind, it's early.
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🏗 4. Infrastructure is taking shape, and applications will explode next
What you see today:
On-chain games are still not fun enough;
NFTs are still speculative tools;
Wallets are still too difficult to use;
But these are just the surface.
What really excites people is:
Various public chains are competing in TPS and consensus efficiency;
Smart contracts are gradually becoming modular and pluggable;
Teams are shifting from speculating on coins to creating 'truly usable' products and protocols.
These are structural changes that have not yet been reflected in prices.
These are the early values.
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💡 Conclusion: Seeing the real trends requires a bit of faith and logic
Investment is not about chasing trends, but about standing at the starting point of a trend in advance.
If you understand:
The trend of financial disintermediation is irreversible;
Open protocols will eventually become the global asset circulation standard;
Stablecoins from various countries will eventually connect to DEX as the circulation layer;
Then you will understand:
> It is indeed still very early, early enough that everything is still participatory, even defining its form.
This is not the end, but the prologue.
And you are still in the game.