It’s interesting to see more and more CEXs trying to decentralize themselves and get a share of the on-chain pie - most likely driven by fear, as they watch the growing DEX-to-CEX spot trading volume ratio.

Binance was the first mover with Binance Alpha, enabling on-chain trading directly within the main Binance app and interface.

Coinbase also recently announced plans to integrate @base-native DEXs into their ecosystem.

And most recently, Bybit launched @byreal_io, an on-chain liquidity network incubated in-house.

Even though it’s taken much longer than I would have liked, we’re finally seeing clear trends toward the de-monopolization of CEXs - baby steps toward a more transparent, fair, and decentralized on-chain industry.

Just further confirmation, in my view, of how spot-on Infinex is with what they’re building - probably more necessary now than ever, and perfectly aligned with the spirit of the times.

Bullish on-chain finance, bullish Patron NFTs.