[ad_1]
Essentially, this boils down to the issue of DeFi’s poor capital and liquidity efficiency. Without getting too deep into the technical aspects, centralized order book models are infinitely more efficient than DeFi’s approach, but lack transparency. With such models, it’s very easy for the house to be betting against its users, and even misappropriating user funds.
[ad_2]
Read More: www.coindesk.com
Bitcoin (BTC) $ 63,369.00
Ethereum (ETH) $ 1,808.05
Tether (USDT) $ 0.999308
BNB (BNB) $ 571.98
USDC (USDC) $ 0.999758
XRP (XRP) $ 1.08
Solana (SOL) $ 76.49
TRON (TRX) $ 0.331299
Figure Heloc (FIGR_HELOC) $ 1.04
Lido Staked Ether (STETH) $ 2,265.05
Hyperliquid (HYPE) $ 67.08
Dogecoin (DOGE) $ 0.072747
USDS (USDS) $ 0.999713
Rain (RAIN) $ 0.014455
Zcash (ZEC) $ 526.45
LEO Token (LEO) $ 9.53
Wrapped stETH (WSTETH) $ 2,779.67
WhiteBIT Coin (WBT) $ 55.68
Stellar (XLM) $ 0.184245
Wrapped Bitcoin (WBTC) $ 76,243.00
Monero (XMR) $ 324.95
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
Cardano (ADA) $ 0.160290
Wrapped Beacon ETH (WBETH) $ 2,466.93
Chainlink (LINK) $ 7.99
Canton (CC) $ 0.132999
Bitcoin Cash (BCH) $ 239.89
Wrapped eETH (WEETH) $ 2,465.31
Dai (DAI) $ 0.999569
USD1 (USD1) $ 0.998746
sUSDS (SUSDS) $ 1.08
Gram (prev. Toncoin) (GRAM) $ 1.62
Ethena USDe (USDE) $ 0.999721
Litecoin (LTC) $ 43.84
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
Global Dollar (USDG) $ 0.999453
Circle USYC (USYC) $ 1.13
Sui (SUI) $ 0.731405
WETH (WETH) $ 2,268.37
Hedera (HBAR) $ 0.067441
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
PayPal USD (PYUSD) $ 0.999676
USDT0 (USDT0) $ 0.998824
Avalanche (AVAX) $ 6.48
Cronos (CRO) $ 0.055796
Tether Gold (XAUT) $ 4,063.41
Shiba Inu (SHIB) $ 0.000004
NEAR Protocol (NEAR) $ 1.90
DeXe (DEXE) $ 48.50
Uniswap (UNI) $ 3.58
