Changpeng Zhao Proposes Decentralized Exchange for Increased Privacy and Transparency

Binance CEO Changpeng Zhao has proposed a new solution to combat market manipulation in crypto: a dark pool decentralized exchange (DEX). This proposal, made public on June 1, 2025, addresses concerns surrounding the current lack of privacy in DEX trading. The idea stems from recent high-profile market events and incidents like liquidations, which exposed vulnerabilities in existing systems.