Back in late October, Kraken's Co-CEO Arjun Sethi dropped an interesting take during an interview—centralized and decentralized exchanges aren't rivals anymore. They're just two sides of the same coin, different ways to get the job done.

Sethi outlined three key points about how these platforms are heading toward convergence. The way he sees it, CEXs and DEXs serve the same core function: coordinating trades. It's not about which model wins—it's about how they'll eventually blend together to create something more efficient.

The future might not be CEX versus DEX. It could be CEX plus DEX, working in tandem.

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NFTArtisanHQ

· 1h ago

honestly the "cex + dex convergence" narrative feels like a post-hoc rationalization... like we're watching the market just accept that ideological purity was never the real play. the aesthetic tension between decentralization and capital efficiency is what made this space intellectually interesting, no? now it's just... infrastructure arbitrage dressed up as paradigm shift.

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StableNomad

· 1h ago

yeah sure, "convergence"... reminds me when everyone said LUNA and UST were complementary ecosystems lol. statistically speaking tho, if they're truly merging into one soup, whose risk model wins—the centralized counterparty or the defi smart contract bugs? asking for a friend who lost money to both

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CryptoDouble-O-Seven