Has anyone checked SNS Litepaper - they are working on an innovative Ethereum Layer 2 sidechain based solution to facilitate the convenience similar to Centralized Exchanges on the Decentralized liquidity pool protocols like Uniswap , Balancer , Kyber etc. ?
One of a kind Dex with features like Limit orders, Stop loss, minimal gas fee and leverage orders, so far didn't see find anywhere else.
check out
https://switchnswap.tech/https://switchnswap.tech/SNS_Litepaper.pdfUnidapp is also similar project with many similar features like switchnswap and obviously there would be many more projects designed on the same lines targetting the defi sector.
I think only platforms with large userbase and large volume will be able to survive and others with low volume will shut down.
I agree to disagree, in last 5 years, despite of existence of market leaders like Binance & Coinbase - there are 100s of other CEXs existed successfully. Its all about creating the niche. Switchnswap niche is Multi-feature trading platform aimed at user convenience - Low cost - completely decentralized/non-custodian - using liquidity from Multiple AMMs. We are very confident that no one project is embedded with all these features in one platform.
The only large disadvantage of decentralized exchange of current time is the sidechain solutions are not easy. Though some of them claims to have this function, it's still a large hassle. Decentralized exchanges has been improving a lot and the volume are largely increased.
There's no way centralize exchange be able to compete with dex for exchanges and Defi but for other service based tasks like IEO, Leverage trading, centralized exchange would still be the place to go.