CZ Proposes Dark Pool DEX to Tackle DeFi Vulnerability

Binance co-founder Changpeng Zhao has proposed an innovative solution to a long-standing problem in decentralized finance: the vulnerability of large trades on transparent decentralized exchanges (DEXs). In a bid to protect whales from aggressive attacks, Zhao’s idea is a dark pool perpetual swap DEX. This move follows a high-profile $100M liquidations event involving crypto trader James Wynn on Hyperliquid.