A standard false impression is that DeFi can’t compete with centralized exchanges by way of buying and selling effectivity, order execution, and accessible instruments. This notion, nevertheless, is completely outdated.
As Mark factors out:
“The stuff that you just discover onchain, Carbon DeFi included, is already providing instruments and providers that basically embarrass standard centralized exchanges. Folks typically ask, “When will DeFi have the ability to maintain its personal towards centralized exchanges?” However the actuality is, DeFi has already left CEXs within the mud.”
The instruments accessible on Carbon DeFi are extra superior than what centralized exchanges provide, they usually perform with larger effectivity, automation, and customization. Options like vary orders and recurring orders present an unparalleled buying and selling expertise, one which doesn’t exist on CEXs.
Whereas some argue that blockchain transaction charges generally is a draw back, Carbon DeFi operates on networks like Sei and Celo, the place executing a commerce is already cheaper than establishing a single restrict order on Binance or Coinbase. The notion that DeFi is lagging behind is nothing greater than a fable– one which fails to acknowledge how far decentralized buying and selling has come.
If DeFi is already providing superior buying and selling instruments, why do some nonetheless hesitate to change from CEXs? One generally cited cause is fragmented liquidity– a problem Mark firmly challenges.