As time goes on, I think the CEXes will continue to lose more and more business to protocols like Uniswap. We're still in the very nascent stages of what's possible with AMMs (automated market makers) and the more I use Uniswap, the more bullish I become about this DEX narrative. It's a true revolution - an imperfect one, but a revolution nonetheless.
There is perhaps no better way to put it as you have done. DEX are the future of crypto exchanges for many reasons that you have already stated in this fine article. I am shocked that the listing fee can be as high as 1-2 BTC. I wonder how much it will cost to get wLEO listed on exchanges such as Binance. Well, we will see how things evolve in the days ahead.
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