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Binance co-founder CZ proposes dark pool DEXs to tackle manipulation

cryptoweekly by cryptoweekly
June 2, 2025
in bitcoin, News
0

Binance co-founder Changpeng “CZ” Zhao proposed launching a dark pool perpetual DEX to protect large traders from front-running and MEV attacks.

Binance co-founder Changpeng “CZ” Zhao has proposed creating a dark pool perpetual swap decentralized exchange (DEX) to prevent market manipulation.

In a June 1 X post, Zhao said that he has “always been puzzled with the fact that everyone can see your orders in real-time on a DEX.”

“The problem is worse on a perp DEX where there are liquidations,” he said.

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Recent Posts
  • Norwegian crypto firm K33 raising more funds to buy up to 1,000 BTC
  • GENIUS Act passage paves way for institutional stablecoin use
  • 3iQ launches XRP ETF on Toronto Stock Exchange with Ripple as investor
  • Pudgy Penguins debuts play-to-win game on TON
  • XRP price consolidates for 200 days: Analysts predict where it’s going next
  • Chinese Bitcoin ASIC makers to begin US production amid tariff pressure
  • Circle dump: Cathie Wood’s Ark sells another $45M as shares tumble

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