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binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance founder Changpeng Zhao (CZ) has suggested creating a decentralized exchange (DEX) with hidden order books to protect traders from front-running and liquidation risks. His proposal draws parallels to traditional finance’s dark pools and highlights the growing concern over Maximal Extractable Value (MEV) in DeFi.
- CZ advocates for a DEX with hidden order books to prevent front-running and liquidation targeting, similar to TradFi dark pools.
- Projects like Tristero, 0x0, and SKALE are developing privacy-focused solutions, including ZK cryptography and MEV-resistant protocols.
- Critics argue that obscuring order books undermines DeFi's transparency and could reintroduce TradFi-style manipulation risks.
📎 Related coverage from: cryptopotato.com