Decentralized exchange token prices soared

[ameliana]

I think Defi will be dimmed and the next replacement will appear but with news like this Defi and the current platform will continue to grow and maybe in the future there will be many projects that will develop Dapp with a better version, so if this DEX continues I just want to ask how is the development of the central exchange, will the trading volume decrease and switch to all DEX?

[letyouearn]

From one hand I think that the future is behind such platforms and decentralisation will come anyways. But from the other... when I see such fees on ETH swaps... I don't understand who all these rich people are?? the ones who constantly wastes their money on these platforms

[livingfree]

so if this DEX continues I just want to ask how is the development of the central exchange, will the trading volume decrease and switch to all DEX?

Not all CEX will decrease in volume.

There are traders that would like to stay with the use of CEX because they're convenient and easy to use. The two will co-exist and it's all up to us whether we like to use both of them.

But usually, we do use both of them.

[nicolas1979]

After the news that China banned exchanges from providing trading services to Chinese users fermented, the token prices of decentralized exchanges rose, such as sushi, uni and dydx, especially the rising stars of dydx.
I think they will continue to rise and drive the market into a positive stage.What do you think is the next hot spot?

I think it's just a temporary pump for certain coins, it has nothing to do with the crypto ban in china. Because the information about the crypto ban in China has no impact on the price of Bitcoin and other cryptos. Even a recent BitcoinArchive tweet stated that China would not be able to ban Bitcoin in their country. Most of the current memes about Bitcoin vs china are circulating on twitter. There is only one way for China to ban Bitcoin, which is to cut off the entire internet network in their country. But that's something stupid that can't be done. Maybe this is the advantage of investing in digital assets, no one can prohibit ownership of these assets. No government certificate required. Maybe they can shut down centralized exchanges, but decentralized exchanges can run smoothly. They can close exchanges in their country, but they also cannot close exchanges from other countries. This is something that is confusing for those who are not happy with crypto.