On March 24, according to CZ's post on the X platform, the former CEO of Binance conducted the first on-chain perpetual futures trading test through the APX Finance platform.

Specifically, CZ opened a long order for the mubarak token, a digital asset currently priced at around $0.149, with a take-profit set at $0.165. He said the purpose of this test was to experience the on-chain trading process and check whether MEV (Miner Extractable Value) still exists in the system.

Notably, CZ revealed that he had never traded futures on the Binance platform, but only observed through product introductions. He also shared that the on-chain trading experience is still not comparable to centralized exchanges (CEX) in terms of performance and utility. At the same time, CZ asserted that he has no intention of becoming a trader.

A genius doesn't play futures😆, or maybe they know "Humans can't win the future".😂

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