Crypto exchanges are quietly evolving into all-in-one platforms as new DeFi and on-chain tools lure users away from simply trading digital assets.
Centralized crypto exchanges are increasingly incorporating DeFi features into their platforms, a shift that Animoca Brands research suggests could be leading them toward becoming so-called “universal exchanges” or UEXs.
In a report shared with The Defiant, the analysts stated that UEXs could gain popularity among a wider audience because they offer more than just trading, including on-chain tokens and tokenized real-world assets.
While centralized exchanges (CEXs) have been central to crypto’s growth for years, the growth among crypto-native users is slowing,…
