🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

DeFi vs. CeFi: Decentralization for the win?

Published 08/25/2022, 09:48 AM
Updated 08/26/2022, 10:20 AM
DeFi vs. CeFi: Decentralization for the win?

The collapse of crypto shadow banks like Celsius demonstrated just how problematic centralized, opaque finance can be, says Sunny Aggarwal of Osmosis DEX.

Centralized finance platforms have taken a huge credibility hit due to poor risk controls, but decentralized finance protocols havent escaped unscathed either. So, is DeFi or CeFi likely to emerge stronger from this current period of turmoil, or is the future likely to see some sort of hybrid of the two?

In the battle between DeFi and CeFi who will emerge victorious?

How did DeFi perform?

Secure the funds

List of bounties on Immunefi. Source: Immunefi
The 2021 Cosmoverse Conference in Lisbon. Source: Cosmos

Why not both?


Despite the bear market, the Algorand blockchains TVL continues to gain steam. Source: DefiLlama

Nah, lets go DeFi

Magazine profiled the founder in The adventures of the inventive Alex Mashinsky.
The Genius Yield ISPO dashboard. Source: Genius Yield

The best of blockchain, every Tuesday


By subscribing you agree to our Terms of Service and Privacy Policy
Substantial interest exists for DeFi investments

Continue Reading on Coin Telegraph

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.