Some extremely exciting data I came across in the most recent market research report released by crypto .com. Investors are demonstrating a healthy response in the aftermath of the startling events of the FTX collapse. DEXs eating up spot trading volume may be a sign that the industry is slowly being driven away from centralization towards decentralized alternatives that can provide increased asset security. Which is a positive market response that demonstrates people understanding that FTXs faults are not the faults of the technology. Instead they were a symptom of centralization, mismanagement and excessive risk. Decentralization will eat the world. This is and always will be what I stand by. Because decentralization is a vote for equitability and autonomy for investors around the globe. Excited to see whether this trend continues over the course of 2023 and whether new DeFi primitives emerge to capitalize on the hunger for trustworthy decentralized options.
