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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
  • Binance co-founder CZ proposes dark pool DEXs to tackle manipulation
  • BitoPro confirms $11.5M exploit, says withdrawals unaffected
  • Singapore orders local crypto firms to cease overseas activity by June 30
  • Crypto funds post $286M inflows as Ether tops buying: CoinShares
  • XRP price risks a 20% crash to $1.70 — Here is why
  • Singapore issues June 30 deadline to crypto firms serving international clients without DTSP license
  • Metaplanet becomes 8th largest Bitcoin holder with $118M buy

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