Crypto Exchanges in 10 Years? They Might Just Vanish – 1inch’s Bold Prediction!

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Hold onto your hats, folks, because Sergej Kunz, the co-founder of 1inch, just dropped a bombshell! 🎇 According to Kunz, centralized crypto exchanges are about to become dinosaurs in the next decade, and decentralized finance (DeFi) aggregators will take over the entire circus. Forget the old days of “buy and sell,” it’s all about decentralized exchanges (DEXs) now, and according to Kunz, they’re going to be the *real* deal in just five to ten years. đŸ˜±

In an interview with CryptoMoon at Token2049 in Singapore (where they must’ve been drinking something strong 🍾), Kunz predicted that exchanges, as we know them, will slowly morph into mere frontends for DEXs. “I think it will take like five to 10 years,” he casually remarked, probably while sitting in a comfy chair and sipping some crypto-infused tea.

Now, let’s break it down. Kunz argues that while traditional centralized exchanges are like those old-fashioned walled gardens, 1inch and its magical aggregator are the global liquidity hub. Basically, 1inch is the ‘cool kid’ who knows all the best parties. His words were music to the ears of everyone who’s ever thought “wait, isn’t crypto supposed to be decentralized?” đŸŽ¶

And here’s where it gets juicy! 1inch just partnered with none other than Coinbase, a major US exchange, to bring decentralized trading to their users. What’s that? Did someone say “mainstream adoption?” Oh, absolutely. đŸ€‘

Kunz continued by saying, “Investments in onchain systems by centralized exchanges show they get it. They know the old tech is on borrowed time.” Translation: They’re not going to stick with their old ways and miss the bus to the future! 🚀

1inch’s Big Move: A DeFi Infrastructure Provider?

And as if this wasn’t enough excitement for one day, 1inch has decided to pivot its business model. Instead of just being a flashy crypto app, they’re now positioning themselves as a DeFi infrastructure provider. That’s right, they’re basically saying, “We’ll build the rails, and you can ride on them!” đŸ›€ïž

This move will open up the floodgates for centralized exchanges and wallets like Binance, Coinbase, Ledger, MetaMask, and Trust Wallet to embrace non-custodial swaps. Kunz is convinced this is the way forward – and he’s making it easier for developers by offering a unified API (because who doesn’t love easy access, right?).

1inch: Going Big or Going Home

And don’t think 1inch is slowing down anytime soon. Oh no, my friend. In August, they introduced intent-based crosschain swaps that connect Solana and Ethereum virtual machine-based networks. Translation? They’re making sure you get the best value and don’t get burned. đŸ”„

In June, they launched an update to their price route discovery algorithm, claiming up to 6.5% better swap rates. That’s not chump change, people. That’s some serious savings right there!

And to top it all off, about a year ago, they unveiled a feature that lets users swap digital assets across chains while keeping their own precious keys. It’s like crypto’s version of “Don’t worry, I got this” đŸ—ïž.

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2025-10-02 23:00