Exchange Landscape Transformation: The Future of CEX vs DEX
The competition between centralized exchanges (CEX) and decentralized exchanges (DEX) presents: • CEX Advantages: Fiat channels, depth of liquidity (Binance's daily trading volume still exceeds $30 billion) • Rise of DEX: Uniswap's monthly trading volume surpasses $50 billion, in-wallet trading is becoming a trend • Hybrid Models: OKX, Bybit, and others are launching on-chain wallet + CEX combinations
The future winning hand lies in: regulatory adaptability, user experience, asset security.