Binance Founder CZ Proposes Dark Pool Perpetual DEX: Privacy & Market Shifts

Binance founder Changpeng Zhao (CZ) has proposed a new decentralized exchange (DEX) structure utilizing dark pool technology, aiming to address recent market volatility and enhance trading privacy. His proposal for a dark pool perpetual DEX is gaining traction in the crypto community following a series of high-profile market anomalies, like the Hyperliquid fallout, that have fueled the call for more decentralized solutions.