CZ calls to Perp Dex to protect merchants from the front in Defi

The founder of the Binance Changpeng Zhao, known as CZ, has launched the idea of decentralized exchange (Dex) where the requests books and user’s positions are hidden to alleviate the risks of the front and filter.
The call comes amid new attention to the maximum extract value (MEV), which is the practice of dealing with the arrangement of transactions for profit.
Dark blessing argument
On June 1 mail In X, CZ wondered why Dexs continues to expose the user’s orders in actual time, noting that this transparency often calls predatory tactics such as targeting the front end and filtering, especially in the permanent futures markets.
“For PERPS (or futures), it is important not to allow others to know/see your orders,” Check Styles wrote. “If others can see your filtering point, they may try to pay the market to liquidate you. Even if you get one billion dollars, others can wander on you.”
The former CEO of encryption was attracted in direct parallel for traditional financing (Trafi), where the adult institutional merchants routinely use the so -called “dark swimming pools” and special exchanges that hide request books. He claimed that such services are often “10 times larger” than regular request books.
To this end, Zhao suggested that the chain platforms can use zero knowledge (ZK) or similar encryption techniques to hide commercial data, including requests and deposits, until they are implemented. In his opinion, this would create a commercial experience that observes the participants, especially whales, from MEV attacks and coordinated manipulation.
The CZ proposal comes after a series of dramatic stakes by James Win, who made more than one billion dollars on BTC before being classified in four different positions, as a total of more than $ 100 million. After this event, Wayne tweet that his experience had revealed corruption in the encryption market, and he advised merchants to buy BTC and keep it instead of using it to get a high crane.
Emerging solutions
Several projects jumped on the Chic Chicken publication to announce that they are actively working in the field of privacy. Sam, from Tremro, open Over the past two years, his team has developed a concept similar to what was identified by the former CEO of ingenuity.
Others like 0x0 and Skale are dealing with the challenge. 0x0 Disturbed The upcoming SPECTER platform, which allows trading in maintaining privacy and leverage, while Skale recently launched Bite Protocol, a consensus encryption tool designed to completely get rid of MEV by preventing seeing transactions before completing the mass. “Instead of the Band-AIDS application, Bite Mev is treated at its root,” said Skale CEO or Holran.
However, not everyone sings from the same hymn book. X user CEDIC BEAU rose CZ proposal, on the pretext that dark gatherings contradict the spirit of encryption:
“Dark swimming pools in encryption? These are exactly the things that we came here to avoid,” stated decentralization enthusiastic. “The moment you hide the request book, you can re -create internal games.”
He also warned that the import of “mysterious tricks” of Trafi risks the loss of Defi’s basic value for openness. “A chaotic transparency, but at least every person plays in the same field.”
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