2026-01-16 07:29:49

In 2025, the crypto trading market has ushered in an unprecedented upheaval. Bitcoin has broken through historical highs, and derivatives trading volume has exploded—behind these numbers is a deep reshaping of the competitive landscape between centralized exchanges (CEX) and decentralized exchanges (DEX).

From trading depth to user experience, from risk management to regulatory compliance, major trading platforms are fiercely competing. Some focus on liquidity and trading speed, while others bet on ecosystem and derivatives innovation. This competition is far more than a digital game—it concerns how the entire industry balances regulatory red lines and market opportunities.

This year's analysis will focus on these turning points, revealing who is winning, why they are winning, and where the next opportunities lie.

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LightningClicker

· 7h ago

Honestly, the story of CEX and DEX has always been a choice between liquidity and freedom. It's probably too late to start competing now. I've been watching the explosion of derivatives; Tier 1 exchanges have already bet on this long ago. Platforms only now ramping up seem a bit passive. Compliance is indeed a major challenge, but to be honest, how to balance regulatory red lines and market opportunities? Most likely, those with more money will be the first to jump out.

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mev_me_maybe

· 7h ago

The CEX vs DEX showdown is back again, and it's not certain who will win or lose. To be honest, DEX still lags behind in liquidity depth, but compliance is also a headache for CEX. The explosion of derivatives is real, but risk management is something no one has fully nailed down. The next opportunity? Probably in the hands of those platforms that can both take.

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APY追逐者

· 7h ago

CEX and DEX this round of confrontation, to put it simply, is a clash of liquidity and freedom. Let's see who can survive first.

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