Will CEX be taken down by DEX?
Recently, I discovered a 'disruptor' — dappOS. 🙀
This project makes on-chain trading as simple, cheap, and efficient as centralized exchanges. Especially with its IntentEX feature, DeFi retail investors can’t help but exclaim 'so good!'.
Let’s dive deeper; I’ll explain in simple terms.
What's the problem? 🙋
The current situation is frustrating: on-chain trading is expensive, slow, and cumbersome. Orders go unfilled, fees are outrageously high, and the process is complicated... These issues discourage ordinary people, forcing them to retreat back to centralized exchanges (CEX). But CEX also carries risks of scams, making it anxiety-inducing.
How does dappOS break this deadlock? 👊
dappOS's IntentEX was launched to address this pain point. You simply tell it 'I want to buy XX coin, with a price not exceeding YY,' and it takes care of the rest!
How does it work? It has a network for intent execution that automatically helps you compare prices on-chain and off-chain, finding the optimal trading path, confirming in as little as a few hundred milliseconds. Fees are as low as 0.1%, super friendly for retail investors. More importantly, you don’t need to understand complex on-chain operations; it’s as simple as placing an order on Taobao.
Perspective 💡
I believe dappOS's innovation lies in truly reaching ordinary users in DeFi. IntentEX lowers the barrier, elevating the on-chain trading experience to the level of CEX, and even making it safer and more transparent. As more and more users embrace this experience, DeFi may really have a chance to overtake centralized exchanges!
If you're also paying attention to dappOS, feel free to discuss in the comments! 💌