~snip~
I predict that the first DEX team that could create an experience for users similar to CEX will certainly make much money in revenues from fees hehehehee.
How do you imagine that DEX can ever provide an experience like CEX, especially when it comes to liquidity? In addition, even if a DEX succeeded and became planetaryly popular, all these big players who earn huge amounts through CEXs would join forces and do everything possible to bring down that DEX legally. All they would have to do is
"hire" hackers to hack someone and then try to
"launder" coins through that DEX - well, we recently saw exactly that in the case of eXch and we all know how that story ended.
Nowadays this is not that far away actually. Hyperliquid for example made $181 billion total volume with 455k users on the last month. It's cheaper than a CEX and has instant trading because they have their own L1 blockchain. It's not a perfect solution, but they do nice trade offs that allow you to trade (including with leverage) with the same experience you have on Binance, Bybit, etc...