Sederis: It's going to take a long time to convince people to use the on-chain, like, native bridges versus going to a Coinbase or an FTX. I think that what we'll maybe see over the next few years is a bit of, like, the unbundling of these centralized institutions. But until you have more, like, private on-chain as well, where it's much harder to get sandwiched and front-runner, back-run, that on-chain trading will also suffer a bit.

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