Centralized Crypto Exchanges to Transform into DeFi Frontends Within 5–10 Years: 1inch Co-Founder
According to Sergej Kunz, co-founder of 1inch, centralized cryptocurrency exchanges (CEXs) are poised to undergo a significant evolution over the next five to ten years. Rather than continuing as isolated trading platforms, these exchanges will transform into frontends for decentralized finance (DeFi), serving primarily as user interfaces while relying on decentralized exchanges (DEXs) for liquidity…