Charles d’Haussy described synergy between centralized and decentralized exchanges as “a positive for the ecoystem” in an interview with Cointelegraph.
Decentralized finance organization dYdX Foundation, an independent nonprofit founded to support the dYdX protocol, recently launched a public testnet for its latest version, v4. According to the foundation, this puts them ahead of schedule for the impending launch of the v4 mainnet, something they claim represents complete decentralization for dYdX.represented the fourth of five milestones dYdX Foundation laid out in a roadmap towards decentralization last year.
“They are not the competitors of the dYdX protocol, honestly,” said d’Haussy, adding “I think they do their job well, they have been supporting the market early on. We should not forget that perpetuals were invented by BitMex which is a centralized entity.” He added that, whether in the coming months or the next few years, he expects centralized exchanges to serve as gateways to decentralized exchanges.
“If you think about this in your bank today, the core business of your bank is your deposit. And your bank sells you insurance, your bank sells you mortgages, your bank sells you different things.”
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