Dossier
Cerulli
Coverage of Cerulli in the Nexus archive.
- Will Defi will be the death of Binance ??
The article highlights the growing shift from centralized exchanges (CEXs) like Binance to decentralized exchanges (DEXs) due to improved user experience, lower fees, and institutional adoption of DeFi. It notes 15% of spot volume has moved to DEXs, with protocols like Aave enabling seamless onboarding and DeFi protocols such as Garden and Chainflip integrating BTC in a trustless manner.