Binance co-founder CZ proposes dark pool DEXs to tackle manipulation
Binance co-founder Changpeng “CZ” Zhao proposed launching a dark pool perpetual DEX to protect large traders from front-running and MEV attacks.
Binance co-founder Changpeng “CZ” Zhao proposed creating a dark pool perpetual swap decentralized exchange (DEX) to prevent market manipulation.
In a June 1 X post, Zhao said that he has “always been puzzled with the fact that everyone can see your orders in real-time on a DEX.”
“The problem is worse on a perp DEX where there are liquidations,” he said.
Read more
