~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.
I am very much aware that it would be difficult for a DEX to be created that will give the people a competitive exchange against a CEX. However, as programmers are motivated by difficult problems, there will be some programmers in the cryptospace who will be developing new platforms to create this dream of a DEX that will give a similar performance as a CEX.
There were attempts on this already like DYDX and GMX and this will certainly not be the last attempts. The cryptospace is the future for KYCless speculative trading.