cex，defi，融合：導航加密貨幣的變化沙子

CEXS正在研究中，使集中式和分散融資之間的界線模糊。這種融合對加密的未來意味著什麼？

CEX, DeFi, Convergence: Navigating the Shifting Sands of Crypto

cex，defi，融合：導航加密貨幣的變化沙子

The crypto landscape is undergoing a seismic shift as centralized exchanges (CEXs) like Binance, Bybit, and Coinbase increasingly embrace decentralized finance (DeFi). This convergence, dubbed "CeDeFi," is reshaping the industry and creating new opportunities and challenges.

加密景觀正在經歷地震轉變，因為Binance，Bybit和Coinbase等集中式交流（CEX）越來越多地接受分散的金融（DEFI）。這種稱為“ Cedefi”的融合正在重塑行業，並創造新的機遇和挑戰。

Why the Rush to On-Chain?

為什麼急於鍊鍊？

CEXs are no longer content to sit on the sidelines. They're jumping into DeFi for several key reasons. Primarily, they're chasing early token opportunities. With many new tokens launching directly on decentralized exchanges (DEXs), CEXs risk missing out on trading volume and revenue due to lengthy regulatory audits. By offering on-chain services, they can participate in the early token flow without the immediate pressure of a formal listing.

CEX不再滿足於坐在場上。他們出於幾個關鍵原因而跳入DEFI。主要是，他們正在追逐早期的令牌機會。由於許多新的代幣直接在分散交易所（DEX）上推出，因此，由於長期的監管審計，CEXS可能會丟失交易量和收入。通過提供鏈上服務，他們可以參與早期的令牌流，而無需立即列出正式上市的壓力。

Different Strokes for Different Folks

不同人的不同中風

The approach to CeDeFi varies significantly across platforms. Binance Alpha caters to retail users, prioritizing ease of use. Bybit's ByReal aims to replicate CEX-level liquidity on-chain with a hybrid design. Coinbase is taking a dual-track approach, targeting both retail and institutional users with separate services.

CEDEFI的方法在平台之間差異很大。 Binance Alpha迎合零售用戶，優先考慮易用性。 Bybit的Byreal旨在通過混合設計複製CEX級流動性。 Coinbase正在採用雙軌方法，以單獨的服務針對零售和機構用戶。

• Binance Alpha: Lowering the Web3 barrier for retail users through a familiar interface.
• Bybit's ByReal: Offering CEX-level liquidity on Solana through a hybrid RFQ and CLMM model.
• Coinbase: A dual-track strategy with integrated on-chain access for retail and regulated, high-security liquidity for institutions.

The Future is Hybrid

未來是混合的

The lines between CEXs and DeFi protocols are blurring. Users may not even realize whether they're interacting with a centralized or decentralized interface. This convergence could lead to a more unified market structure, with liquidity flowing freely between both worlds. The role of exchange tokens is also evolving, becoming core assets that connect centralized and decentralized ecosystems.

CEXS和DEFI協議之間的界線是模糊的。用戶甚至可能沒有意識到他們是否與集中式或分散的界面進行交互。這種融合可能會導致更統一的市場結構，並且在兩個世界之間自由流動。交換代幣的作用也在不斷發展，成為連接集中和分散生態系統的核心資產。

The Rise of New Tokens: Qubetics, GateToken, and Bitget Token

新代幣的興起：碼頭，gateToken和bitget token

The crypto market is constantly evolving, with new tokens emerging and established ones adapting. Qubetics, a next-gen Web3 infrastructure protocol, is set to debut on a top 10 centralized exchange, offering a decentralized VPN feature designed to revolutionize privacy in Web3. The presale closes at 8 a.m. UTC, and listing on the CEX is scheduled for 11 a.m. UTC on June 30. Bitget Token (BGB) is also showing signs of growth due to the utility-driven demand within the Bitget ecosystem. GateToken (GT) remains a stable and reliable asset within the Gate.io exchange. These tokens represent different aspects of the crypto evolution.

加密市場不斷發展，新的代幣新興和建立的代幣適應。 Qubetics是一種下一代Web3基礎架構協議，將在前10個集中式交易所首次亮相，提供分散的VPN功能，旨在徹底改變Web3中的隱私。預售於UTC上午8點關閉，CEX上的上市計劃於6月30日上午11點在UTC上進行。 BITGETTOKEN（BGB）也顯示出由於BITGET生態系統中公用事業驅動的需求而導致的增長跡象。 GateToken（GT）仍然是Gate.io Exchange中的穩定且可靠的資產。這些令牌代表加密演化的不同方面。

A Personal Take: It's All About Integration

個人看法：這全都與整合有關

The most successful CEXs in the CeDeFi era will be those that seamlessly integrate on-chain and off-chain services. This means abstracting away the complexities of DeFi for the average user while still providing access to the innovative opportunities it offers. It’s about creating a user experience so smooth that users don’t even realize they’re interacting with decentralized protocols. Also new tokens needs to focus on user experience, community and utility.

CEDEFI時代最成功的CEX將是那些無縫整合鍊和鏈服務的人。這意味著要抽象普通用戶的Defi複雜性，同時仍可以訪問其提供的創新機會。這是關於創建一個如此順利的用戶體驗，以至於用戶甚至沒有意識到他們正在與分散的協議進行交互。同樣，新的代幣需要專注於用戶體驗，社區和公用事業。

Wrapping Up

總結

The convergence of CEXs and DeFi is an exciting development. It's a sign that the crypto industry is maturing and that centralized and decentralized systems can coexist and complement each other. Keep an eye on how these platforms evolve and how they shape the future of finance. Who knows, maybe one day we'll all be using CeDeFi without even realizing it. How cool is that?

CEXS和DEFI的融合是一個令人興奮的發展。這表明加密行業正在成熟，集中和分散的系統可以共存和相互補充。密切關注這些平台如何發展以及它們如何塑造財務的未來。誰知道，也許有一天我們都會在沒有意識到的情況下使用Cedefi。那有多酷？