Crypto Analyst

Edward Wu

Ventured into the Crypto Jungle in 2020 and survived the 2022/2023 crypto winter. 

Living through one full cycle has equipped me with a profound understanding of the crypto markets.

Focused on Bitcoin, Ethereum, and their ecosystems, also convinced DeFi and RWAs will revolutionize finance. Ocassionally dabble in memecoins, enjoying their community-driven vibrance.

Crypto

<ul>
<li>Despite Centralized exchanges (CEX) being unregulated and opaque in operation, over 90% of crypto transactions happened on CEXs.</li>
<li>DeFi exchanges are transparent and impossible for appropriation, but gain market share very slowly due technically difficult of building on blockchain.</li>
<li>Uniswap is the largest spot decentralized exchange that stands to benefit from capital relocation from CEX to DEX, Uniswap token is a pure governance token without value capture.</li>
</ul>


Despite Centralized exchanges (CEX) being unregulated and opaque in operation, over 90% of crypto transactions happened on CEXs.
DeFi exchanges are transparent and impossible for appropriation, but gain market share very slowly due technically difficult of building on blockchain.
Uniswap is the largest spot decentralized exchange that stands to benefit from capital relocation from CEX to DEX, Uniswap token is a pure governance token without value capture.


Implication for Decentralized Exchange Amid the FTX Collapse – A Case of Uniswap