This is not DeFi. This is CeFi that caters to crypto. The major DeFi apps have h...

ETH_start on Nov 10, 2022 | parent | context | favorite | on: We will not pursue the potential acquisition of FT...

This is not DeFi. This is CeFi that caters to crypto. The major DeFi apps have had no problems this cycle.

So perhaps not surprisingly, Uniswap - which is a preeminent DeFi app - now has deeper liquidity on many important trading pairs than the largest CEXes:

https://uniswap.org/blog/uniswap-v3-dominance

mccorrinall on Nov 10, 2022 [–]

Lol, yes on spot, but no one trades spot! The sweet leverage lays within the future market.