Crypto’s Wild Ride

Changpeng “CZ” Zhao, the big cheese behind Binance, has made a prediction that’s got everyone in the crypto world talking πŸ€”. According to him, decentralized exchanges (DEXs) are going to leave centralized exchanges (CEXs) in the dust when it comes to trading volume πŸ“ˆ.

Speaking at the BNB Day Fireside Chat in Tokyo, Zhao was his usual confident self, saying “DeFi is the future” πŸ€‘. He’s not just talking the talk, either – he’s pointing to the success of decentralized protocols like Hyperliquid and PancakeSwap as proof that the shift is already happening πŸ”„.

Marking 5 years of relentless growth with @cz_binance leading the celebration at #BNBDay Hong Kong! πŸŽ‰

Happy #BNBChainTurns5 πŸ₯³

– BNB Chain (@BNBCHAIN) August 29, 2025

β€œDeFi Is the Future” (No, Really?) πŸ€·β€β™‚οΈ

If CZ were 20 years younger, he’d build two things: a privacy-preserving perpetual DEX and a simple AI trading agent πŸ€–. He thinks these technologies are going to be huge in the next generation of finance πŸ’Έ.

The numbers back him up, too. In Q2 2025, DEXs saw a 25% increase in spot trading volume, while CEXs took a 28% hit πŸ“Š. The DEX-to-CEX trading ratio hit a record 0.23 – and PancakeSwap alone processed over $392 billion in quarterly volume, which is nearly half of all DEX transactions 🀯.

Real-World Assets and Digital Treasuries: Because Who Doesn’t Love a Good RWA? πŸ€”

CZ also had some thoughts on Real World Assets (RWAs) and Digital Asset Treasury (DAT) firms πŸ“ˆ. He thinks RWAs have huge potential, but they’re still dealing with issues around liquidity, KYC compliance, and regulatory hurdles 🚧.

The BNB Chain is investing in RWA initiatives and working with developers to make it happen πŸš€. And as for digital asset treasury companies? They make crypto investing easier for the average person, thanks to public markets πŸ“Š.

Japan: The New Crypto Haven? πŸ–οΈ

CZ gave a shout-out to Japan for being a leader in Web3 innovation 🌟. He recalled that Japan was one of the first countries to legally recognize Bitcoin back in 2017 πŸ“†. These days, he sees Japan as a hub for blockchain, AI, and robotics projects, thanks to its clear regulations, talented developers, and culture of tech openness πŸ€–.

β€œI hope to see a dedicated BNB Chain team here,” Zhao said, which is basically a guarantee that Japan will keep playing a big role in advancing global Web3 adoption 🌎.

Even though CZ stepped down as Binance CEO in 2023, he’s still deeply involved in the crypto ecosystem πŸ’». He described his role in the BNB Chain as more of a motivator than a manager, and a big chunk of his personal wealth is tied up in BNB holdings πŸ“ˆ.

Crypto’s Wild Ride

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2025-08-29 15:27