Zhao’s pitch may fly in the face of DeFi’s embrace of transparency. But his idea came following the $100 million liquidation of the trader known as James Wynn on May 2
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Why CZ says the time has come to hide trades in ‘dark pools’
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CZ’s proposal to build a dark pool-style decentralized exchange for perpetual futures was prompted by the $100 million liquidation of trader James Wynn, an event attributed to the public visibility of his highly leveraged on-chain positions on Hyperliquid.
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