Why DEXs become new financial centers

Anand Gomes, CEO of Paradex, reveals why decentralized exchanges are becoming the new Wall Street - combining banks, brokerages, and clearing houses into one platform with zero fees.

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Follow Anand Gomes

• Twitter: https://x.com/fiddybps1

• Twitter: https://x.com/paradex

• Website: https://app.paradex.trade/

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DISCLAIMER

The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.

0:00 Introduction

1:36 Please Subscribe

2:02 Podcast Galore From Kevin

3:24 Lindy Effect Meaning

7:12 What It Means To Be Built Different From Anand

9:04 Who Are You

10:03 Our Trusted Partners

10:56 Something That’ll Make Everyone Trust You

12:59 What Are People Not Seeing In The Exchange World

17:13 Behind 24/7 Exchanged Are Human Beings

18:14 Explain Paradex And Paradigm

21:22 Paradex Charging Zero Fees, Why?

22:40 How Does Paradex Make Money Without Fees

28:33 Our Valued Sponsors

31:48 Ethereum Is The Chosen One?

34:07 Decentralized Exchanges Are The New Financial Centres Explained

38:40 Why Can’t Current Banks Or NEO Banks Become Onchain New York

40:55 What Happens To The Traditional Finance Centres

42:39 The Four Components Of A Unified Platform Onchain And Traditional

47:30 Biggest Advantages For Paradex

50:12 Moving Decentralized Exchanges From Casinos To Financial Centres

53:38 How Far Are We From Traditional Centres Being Useless

54:49 Speculation For Price Discovery And Capital Formation Explained

1:00:04 Ownership Economy is Where Markets Will Move To

1:01:25 Something You’re Holding On To That You Should Let Go

1:04:28 One Takeaway For The Audience

1:06:28 Why WSH Partnered With Paradex