The rise of Hype is not only a challenge for Binance specifically, but a challenge for all decentralized exchanges!



Currently, the bulk of profits for all decentralized exchanges comes from perpetual futures trading fees. When there are sufficient ecosystem applications and security guarantees, more traders will migrate to decentralized exchanges!

It's true that Binance is currently NO.1, but it's not unshakeable. The crypto space is all about constant change!
HYPE-3,61%
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