Binance co-founder CZ has proposed a dark-pool perpetual swap DEX to address shortcomings in Web3. Recent onchain manipulation incidents highlight the need for private execution to protect against MEV attacks. Current crypto trading infrastructure lacks sophistication for institutional investors. CZ’s idea aims to shield high-volume trades from manipulation and increase privacy in transactions.

Crypto has evolved with billion-dollar assets and institutional investors, yet outdated execution models persist. Market transparency exposes whales and founders to surveillance, hindering sophisticated players. The gap between market maturity and infrastructure limits institutional participation. CZ’s proposal for a dark pool DEX with hidden liquidity aims to protect against manipulation and provide a safe space for large trades.

CZ’s call for a dark pool DEX reflects the growing demand for private, large-scale crypto transactions without centralized intermediaries. Balancing privacy with transparency is crucial to gaining regulatory approval and user trust. The push for infrastructure supporting serious market participants signals a shift towards more sophisticated tools in the evolving Web3 landscape.

Read more at CoinTelegraph: There Is A Structural Gap In Web3 Trading