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ROLLUP: 3AC Further Contagion | dYdX Leaves Ethereum | Huge Uniswap Acquisition

Bankless

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Shifting Paradigms: CeFi vs DeFi

This chapter examines the limitations of centralized finance (CeFi) in contrast to the advantages of decentralized finance (DeFi), focusing on transparency and user trust. The discussion includes the regulatory challenges faced by platforms like BlockFi and the strategic pivot of dYdX from Ethereum to its own Cosmos-based blockchain. Through insights on usability, security, and community governance, the chapter unpacks the implications of these transitions for the broader blockchain ecosystem.

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