Its founder says that Crypto Exchange has built a permanent, decentralized trading platform similar to excessive liquid and jackets, but stopped launching it on organizational concerns.
Web3 of OKX has developed the unlawful platform in 2023, the founder of OKX and CEO Najma Xu He said In the X Publishing on Sunday.
He said: “The height of the liquid has proven that tremendous success in ONSAIN PERPS can be achieved with very few employees. Now, more competitors such as ASTER are competing to the space.”
“OKX Web3 has tested a similar product since 2023, but we have chosen not to launch Mainnet due to organizational concerns.”
Decentralized duet exchanges flourish
Durable decentralization exchange HyperLiIIID was launched in 2024 and became one of the Perpetuals Top Perpetuals for decentralized financing, where she recorded its strongest month in July 319 billion dollars in trading volume.
Meanwhile, ASETER, which was launched as the ASTER series in July Chic Times Yzi Labs and was launched as a direct competitor to Hyperleliid. I recorded more than $ 22 billion in trading volume in the last 30 days, According to To Devilia.
Organizational concerns for shelves plans
Xu did not specify to any extent the product came, but he cited procedures for enforcement of the commodity futures trading committee against Deridex in September 2023 as an interested.
In the enforcement procedure 2023, CFTC alleged This DERIDEX illegally provides the trading of digital asset derivatives and failed to register as the exchange implementation facility or the Justice Contract Committee dealer, taking into account its permanent bodies.
Other protocols, OPYN and Zeroex, were mentioned in an enforcement procedure to provide illegal integrated retail transactions into digital assets.
“While we celebrate the growth of PERPS Onchain, we should not forget the CFTC application against Deridex in 2023. The organizational application has mainly turned-we hope that the industry will be able to obtain clarity that affects the need soon,” said Show.
Related to: Crypto Biz: Rails and Rigs and Lugment – the new encryption economy
The winds of change are blowing
There has been a major shift in the regulatory position of the United States since the election of US -friendly President Donald Trump in January.
Saturday CFTC new members appointed To the Consultative Committee of Global Markets and Sub -Winths, many of the encryption industry leaders add to the Sub -Committee for Digital Asset Markets.
At the same time, the White House report on the cryptocurrency policy, which was issued in July It was recommended to monitor digital assets It must be shared between CFTC and the Stock and Stock Exchange Committee, with CFTC Supervising the immediate encryption markets.
magazine: SEC’s U-Orn on Crypto Main Questions Waves without answering
