Why binance exit from Candy ?

Binance has exited from Candy for several reasons, including:

Regulatory scrutiny: Binance has faced increasing regulatory scrutiny around the world, and it has been forced to exit or limit its operations in several countries. This scrutiny has made it difficult for Binance to operate Candy, which is a decentralized exchange (DEX). DEXs are often seen by regulators as being more risky than centralized exchanges (CEXs) because they are not subject to the same level of oversight.

Competition: The DEX market is becoming increasingly crowded, and it is becoming more difficult for Binance to attract users to Candy. There are now a number of other DEXs that offer similar features and benefits to Candy, and Binance is not able to compete effectively with these DEXs.

Focus on other products: Binance is focusing on other products, such as its CEX and its futures trading platform. Binance believes that these products are more important to its long-term success than Candy.

As a result of these factors, Binance has decided to exit from Candy. The company has not announced any plans to relaunch Candy in the future.