CZ Proposes Dark Pool DEX for Enhanced Privacy in Decentralized Finance

Binance founder Changpeng Zhao (CZ) proposes a new decentralized exchange (DEX) solution using dark pools to combat malicious attacks known as MEV (Miner Extractable Value). This innovation aims to enhance the privacy and security of DeFi by reducing transparency. CZ’s proposal, shared on his X account, emphasizes the benefits of ZK technology in addressing these challenges. He suggests that this approach could attract institutional interest while also aligning financial infrastructure with user privacy needs.