CZ proposed a dark pool-style perpetual DEX to combat front-running, MEV exploitation, slippage, and forced liquidations.

Event date

June 1, 2025

Quotes that support claims

Zhao proposed a new kind of decentralized exchange on Sunday, one that hides trades, positions, and deposits from the public, to protect traders from so-called front-running and liquidation attacks

Former Binance CEO Changpeng ‘CZ’ Zhao suggests building a pool for decentralized perpetual futures that keeps orders hidden until the transaction is completed to avoid mass liquidations.

Binance co-founder Changpeng ‘CZ’ Zhao proposed launching a dark pool perpetual DEX to protect large traders from front-running and MEV attacks

Tags

Week 23 of 2025