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CZ: does not oppose it Hyperliquid, welcomes more DEX to participate in the competition
BlockBeats news,September 26,Binance founder CZ said while appearing on the “When Shift Happens” podcast that he does not oppose Hyperliquid, and welcomes more centralized and decentralized trading platforms to participate in innovation, as the industry is far from saturated. He estimates that the proportion of people holding some form of crypto asset is approximately 5%to 15%, but crypto asset penetration may be less than 1%when measured as a share of individuals’ wealth allocations; therefore, the industry remains at an early stage.CZ stated,Hyperliquid that some community members have sought to build their own communities by criticizing centralized trading platforms and Binance, but he views this as normal competition and does not oppose the project. Trump previously mentioned Hyperliquid, which is very positive for the industry.HYPE、BNB and assets such as Bitcoin may all benefit from the industry’s overall growth.CZ also pointed out that first movers do not necessarily become the largest long-term winners. Google, Facebook, and Binance were not the first products in their respective fields; later entrants can typically further improve on their predecessors. Although he holds a substantial number of Binance shares and BNB, centralized trading platforms represent only part of his asset allocation. Rather than expanding a single platform, he would prefer to promote growth across the entire crypto industry.
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