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🚨 BREAKING: 1Inch co-founder predicts DEFI overthrowing CEX dominance within a decade — is your portfolio ready for the
wait so 1inch is like the ultimate DEFI bro now? 🚀 what about $SAFEMOON tho, still going to
best portfolio token? more like best way to lose your savings in 3 seconds flat: cmon bro, we all know the real move is to
Sergej Kunz, co-founder of 1Inch, predicts centralized exchanges (CEXES) will evolve into interfaces for decentralized exchanges (DEX) and DEFI infrastructure. He believes CEX custody control will diminish in 5-10 years. Kunz criticizes CEX inefficiencies, foreseeing their decline as primary commerce hubs. Embracing DEFI tech is crucial to avoid obsolescence; CEX could transition to user-friendly DEX interfaces run by smart contracts. 1Inch’s liquidity aggregation model challenges CEX siloed liquidity, offering better pricing and deeper markets. Non-custodial solutions gain popularity, reinforcing decentralization in finance.
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