Changpeng Zhao "DEX trading volume will eventually surpass centralized exchanges"
Summary
- Changpeng Zhao said that trading volume of decentralized exchanges (DEX) will eventually exceed that of centralized exchanges (CEX) in the long term.
- Changpeng Zhao diagnosed that the demand for self-custody (self-custody) and preference for trustless trading systems are the background for DEX expansion, and said that fiat integration and regulatory compliance still give CEX an advantage.
- Zhao mentioned the potential of tokenization of real-world assets (RWA), emphasized the BNB Chain's related investments and his own BNB asset holding strategy.

Changpeng Zhao (CZ), founder of the global crypto asset (cryptocurrency) exchange Binance, forecast that in the long term decentralized exchanges (DEX) will surpass centralized exchanges (CEX) in trading volume.
On the 29th (local time), according to crypto asset-focused media CoinTrackDaily, Zhao said at the recent 'BNBDay' event held in Tokyo, "If I were starting again now, I would build an AI trading agent that guarantees privacy and helps sustainable DEXs and simple execution," and said, "If decentralized finance matures, DEX trading volume will inevitably surpass CEX."
These remarks have drawn attention in conjunction with the recent achievement of decentralized derivatives exchange Hyperliquid (HYPE) exceeding the daily trading volume of existing exchanges such as Coinbase and Bybit. Zhao diagnosed that "increased demand for self-custody of assets and the preference for trustless trading systems are driving DEX proliferation." However, he added, "CEX still holds the advantage in fiat integration and regulatory compliance."
Zhao also emphasized the growth potential of tokenization of real-world assets (RWA) beyond trading infrastructure. He said, "It is still in an early stage but has great potential," and stated, "Despite regulatory and liquidity challenges, the BNB Chain is concentrating investment in the RWA field."
He also mentioned Strategy (formerly MicroStrategy)'s Bitcoin holding strategy, evaluating that "a financial strategy centered on a single asset can become a sustainable model."
He likened his current role to a 'cheerleader' and added, "My main role is to encourage the development of the BNB ecosystem, and most of my assets remain tied up in BNB."

Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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