Quote from: cryptoaddictchie on April 07, 2023, 06:59:36 AM

Probably yes. The dexes are the strenght of decentralization on defi projects. Without them the altcoin markets will be doomed. As far as I can see, the problem here isnt them but the community has been wrecked by previous landslide dumps last bull run.

Many scam tokens rely on decentralized exchanges for their trades. They don't want to spend capital for centralized exchanges to list their tokens. However, decentralized exchanges actually show that they have power to free projects, communities from centralized exchanges and don't t have spend ridiculous high listing fee for centralized exchanges.

Why do we need CEXs if DEXs can work just fine?

Quote from: hugeblack on April 07, 2023, 11:23:52 AM

I do not think so, because the period in which *Decentralized finance (aka DeFi) * witnessed growth was the period in which there was a lot of free money and the investment did not generate a lot of money, for example the interest was closer to zero, but now conditions have changed a lot and deposits in banks are safe and provide a serious return.

Also, the regulations that force the platforms to stop staking and generate free money for customers will put severe pressure on these projects, given that they are centralized at a point, and the pressure will generate people’s distancing from those investments.

There are and will be more attacks on decentralized exchanges. Just like attacks on Peer-to-Peer marketplaces to force them closing their services down like LocalBitcoin, LocalCrypto, Paxful latest months.

Because most of decentralized exchanges have public founders and core team members, they are not actually decentralized. They can be shut down by governments if they request founders to do that. Facing with risk to be put in jail, founders will choose things to make their life better after earning enough from years of their DEX operations.