RT Sharples (@0xSharples)We now have a DEX quoting tighter spreads on Solana than its CEX counterparts.@humidifi is quoting SOL-USD trades around 0.1bps for orders < $10k compared to CEXs like Binance around 1bp. https://t.co/wFdW1HHrX4 ...

it sure is annoying that theres not a liquid version of this on Solana and i have to go to a CEXBe a shame if we were to fix that ...

Decentralized Exchange (DEX) Performance - DEX execution now rivals Centralized Exchange (CEX) execution [1] - This level of performance is currently only possible on Solana [1] - The development marks the beginning of a new era for DEXs [1]

Cryptocurrency Exchange Volume - Global cryptocurrency exchange spot trading volume decreased by 267% from October to November [1] - Global cryptocurrency exchange spot trading volume reached $159 trillion in November, the lowest since June [1] Centralized Exchange (CEX) - Centralized exchange volume totaled $159 trillion [1] Decentralized Exchange (DEX) - Decentralized exchange volume dropped about 30% month-over-month to $39778 billion [1]

DEX vs CEX - CEX 在代币上市方面无法与 DEX 竞争 [1] - 大部分交易量集中在最初几个小时/几天内 [1]

Vitalik with the first-principles slapDon't be evil -> can't be evilCEX < DEX https://t.co/xIVPHr8eWM ...

1) wallets > banks2) DEX > CEX3) ? ...

Decentralized Finance (DeFi) Trends - The DEX-to-CEX ratio has been steadily increasing over the years [1] - The industry anticipates that the future of trading will be decentralized and onchain [1]

10 Whys to understand Impermanent Loss (IL)Why IL? Because when you LP with 2 tokens, the AMM sells your better-performing token too early and gives you more of the weaker one when prices move.Why sell your strong token & buy the weak one? Because the pool needs to rebalance.Why rebalance? Because AMMs use XYK math (x * y = k), so the product of reserves must stay constant.Why XYK? Because it was elegant and fast to deploy at first, but flawed.Why flawed? Because it lets arbitrageurs capture profit.Why arbi ...

RT lucacs (@lucacseth)> q1 2023 a new perp dex enters the arena> out ships everyone and aligns users via a material wealth effect> dominates so strongly it’s compared to cexs, not dexs> cexs are pressured to kingmake a competing product> every short-term incentive is used to disrupt the incumbent, and it starts to work> the perp dex market hits an all time high as sidelined capital flows into low cap betas> incentives dry up and value accrues back to the best product> the incumbent’s market opportunity is l ...